Analysts Set The Campbell’s Company (NASDAQ:CPB) Target Price at $24.59

The Campbell’s Company (NASDAQ:CPB) has been assigned a consensus recommendation of “Reduce” from the twenty research firms that are currently covering the firm, Marketbeat Ratings reports. Seven research analysts have rated the stock with a sell recommendation and thirteen have issued a hold recommendation on the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $22.75.

CPB has been the subject of several recent research reports. Stifel Nicolaus reduced their price target on shares of Campbell’s from $25.00 to $20.00 and set a “hold” rating for the company in a report on Tuesday, April 21st. Wells Fargo & Company downgraded Campbell’s from an “equal weight” rating to an “underweight” rating and cut their price target for the company from $20.00 to $18.00 in a report on Wednesday, April 8th. Sanford C. Bernstein downgraded Campbell’s from a “market perform” rating to an “underperform” rating and cut their price target for the company from $21.00 to $19.00 in a report on Wednesday. DA Davidson cut their price target on Campbell’s from $30.00 to $20.00 and set a “neutral” rating on the stock in a report on Friday, May 22nd. Finally, Barclays cut their price target on Campbell’s from $23.00 to $21.00 and set an “underweight” rating on the stock in a report on Tuesday, April 14th.

Institutional Investors Weigh In On Campbell’s

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Parallel Advisors LLC lifted its position in Campbell’s by 23.5% during the first quarter. Parallel Advisors LLC now owns 2,792 shares of the company’s stock valued at $62,000 after acquiring an additional 532 shares during the last quarter. NewEdge Advisors LLC lifted its position in Campbell’s by 349.1% during the first quarter. NewEdge Advisors LLC now owns 104,476 shares of the company’s stock valued at $2,327,000 after acquiring an additional 81,213 shares during the last quarter. Glenmede Trust Co. NA lifted its position in Campbell’s by 20.2% during the first quarter. Glenmede Trust Co. NA now owns 12,551 shares of the company’s stock valued at $280,000 after acquiring an additional 2,105 shares during the last quarter. Kentucky Retirement Systems lifted its position in Campbell’s by 21.8% during the first quarter. Kentucky Retirement Systems now owns 14,825 shares of the company’s stock valued at $330,000 after acquiring an additional 2,652 shares during the last quarter. Finally, Amundi lifted its position in Campbell’s by 30.5% during the first quarter. Amundi now owns 604,436 shares of the company’s stock valued at $13,461,000 after acquiring an additional 141,305 shares during the last quarter. Hedge funds and other institutional investors own 52.35% of the company’s stock.

Campbell’s Stock Performance

Campbell’s stock opened at $21.68 on Friday. The company has a 50 day moving average price of $20.88 and a 200-day moving average price of $24.99. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.51 and a current ratio of 1.01. Campbell’s has a fifty-two week low of $19.56 and a fifty-two week high of $34.66. The company has a market capitalization of $6.46 billion, a PE ratio of 11.85 and a beta of 0.02.

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

Campbell’s Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, August 3rd. Stockholders of record on Thursday, July 2nd will be issued a $0.39 dividend. The ex-dividend date is Thursday, July 2nd. This represents a $1.56 dividend on an annualized basis and a dividend yield of 7.2%. Campbell’s’s dividend payout ratio (DPR) is currently 85.25%.

Campbell’s Company Profile

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.