Northwestern Mutual Wealth Management Co. Boosts Stock Position in The Campbell’s Company $CPB

Northwestern Mutual Wealth Management Co. boosted its stake in shares of The Campbell’s Company (NASDAQ:CPB) by 1,397.1% in the 4th quarter, HoldingsChannel reports. The fund owned 135,321 shares of the company’s stock after buying an additional 126,282 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Campbell’s were worth $3,771,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Stance Capital LLC purchased a new stake in Campbell’s during the 3rd quarter valued at about $27,000. Geneos Wealth Management Inc. boosted its holdings in Campbell’s by 333.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 975 shares of the company’s stock valued at $39,000 after acquiring an additional 750 shares during the period. Flagship Harbor Advisors LLC purchased a new stake in Campbell’s during the 4th quarter valued at about $29,000. IFP Advisors Inc purchased a new stake in Campbell’s during the 3rd quarter valued at about $37,000. Finally, Rothschild Investment LLC boosted its holdings in Campbell’s by 85.5% during the 3rd quarter. Rothschild Investment LLC now owns 1,271 shares of the company’s stock valued at $40,000 after acquiring an additional 586 shares during the period. 52.35% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on CPB shares. Sanford C. Bernstein cut Campbell’s from an “outperform” rating to a “market perform” rating and dropped their target price for the company from $27.00 to $21.00 in a report on Monday, April 27th. Zacks Research upgraded Campbell’s from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 12th. Deutsche Bank Aktiengesellschaft dropped their target price on Campbell’s from $23.00 to $20.00 and set a “hold” rating for the company in a report on Monday, March 30th. Barclays dropped their target price on Campbell’s from $23.00 to $21.00 and set an “underweight” rating for the company in a report on Tuesday, April 14th. Finally, BNP Paribas Exane dropped their target price on Campbell’s from $22.00 to $19.00 and set an “underperform” rating for the company in a report on Thursday, April 9th. One research analyst has rated the stock with a Buy rating, fourteen have assigned a Hold rating and seven have assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus target price of $25.50.

Campbell’s Stock Performance

NASDAQ CPB opened at $20.58 on Monday. The Campbell’s Company has a fifty-two week low of $19.56 and a fifty-two week high of $35.00. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.51 and a current ratio of 1.01. The stock has a 50 day simple moving average of $20.94 and a two-hundred day simple moving average of $25.64. The stock has a market cap of $6.14 billion, a P/E ratio of 11.25 and a beta of 0.01.

Campbell’s (NASDAQ:CPB) last released its quarterly earnings data on Wednesday, March 11th. The company reported $0.51 earnings per share for the quarter, missing the consensus estimate of $0.57 by ($0.06). Campbell’s had a return on equity of 19.96% and a net margin of 5.48%.The business had revenue of $2.56 billion during the quarter. During the same period in the prior year, the business posted $0.74 EPS. The business’s revenue for the quarter was down 4.5% on a year-over-year basis. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. On average, analysts forecast that The Campbell’s Company will post 2.18 earnings per share for the current year.

Campbell’s Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, August 3rd. Stockholders of record on Thursday, July 2nd will be given a $0.39 dividend. The ex-dividend date of this dividend is Thursday, July 2nd. This represents a $1.56 annualized dividend and a dividend yield of 7.6%. Campbell’s’s dividend payout ratio is currently 85.25%.

About Campbell’s

Campbell’s (NASDAQ: CPB) is a leading manufacturer of shelf-stable foods and beverages, best known for its iconic soups and broths. Headquartered in Camden, New Jersey, the company offers a diverse portfolio of products designed to meet consumer demand for convenient, affordable meals and snacks. Since its founding in 1869, Campbell’s has grown through a combination of organic innovation and strategic acquisitions to expand its presence in the food industry.

The company’s brand portfolio includes Campbell’s Condensed Soups, V8 juices, Prego pasta sauces, Swanson broths and stocks, Pace salsas and dips, and Pepperidge Farm baked snacks.