The Campbell’s Company $CPB Shares Acquired by Glen Eagle Advisors LLC

Glen Eagle Advisors LLC grew its stake in shares of The Campbell’s Company (NASDAQ:CPB) by 1,611.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,548 shares of the company’s stock after acquiring an additional 23,114 shares during the quarter. Glen Eagle Advisors LLC’s holdings in Campbell’s were worth $547,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Flagship Harbor Advisors LLC acquired a new position in Campbell’s during the 4th quarter valued at approximately $29,000. Sittner & Nelson LLC acquired a new stake in shares of Campbell’s during the fourth quarter worth $29,000. Los Angeles Capital Management LLC acquired a new stake in shares of Campbell’s during the fourth quarter worth $29,000. Ankerstar Wealth LLC purchased a new stake in shares of Campbell’s during the fourth quarter valued at $29,000. Finally, IMA Advisory Services Inc. purchased a new stake in shares of Campbell’s during the fourth quarter valued at $33,000. 52.35% of the stock is currently owned by institutional investors and hedge funds.

Campbell’s Trading Up 2.0%

Shares of Campbell’s stock opened at $22.81 on Wednesday. The company has a debt-to-equity ratio of 1.53, a current ratio of 0.87 and a quick ratio of 0.38. The firm has a fifty day moving average price of $21.81 and a 200 day moving average price of $23.18. The Campbell’s Company has a 1 year low of $19.56 and a 1 year high of $34.17. The stock has a market cap of $6.80 billion, a PE ratio of 11.29 and a beta of 0.02.

Campbell’s (NASDAQ:CPB) last posted its quarterly earnings results on Monday, June 8th. The company reported $0.50 EPS for the quarter, beating the consensus estimate of $0.48 by $0.02. The company had revenue of $2.37 billion for the quarter. Campbell’s had a net margin of 6.12% and a return on equity of 18.04%. Campbell’s’s revenue for the quarter was down 4.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.22 earnings per share. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. Equities research analysts predict that The Campbell’s Company will post 2.18 earnings per share for the current year.

Campbell’s Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, August 3rd. Stockholders of record on Thursday, July 2nd will be paid 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 6.8%. Campbell’s’s dividend payout ratio is presently 77.23%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on CPB shares. BNP Paribas Exane reduced their target price on Campbell’s from $22.00 to $19.00 and set an “underperform” rating for the company in a research note on Thursday, April 9th. Zacks Research downgraded Campbell’s from a “hold” rating to a “strong sell” rating in a research note on Wednesday, June 10th. Wells Fargo & Company lowered Campbell’s from an “equal weight” rating to an “underweight” rating and cut their price objective for the company from $20.00 to $18.00 in a report on Wednesday, April 8th. Royal Bank Of Canada reduced their price objective on Campbell’s from $23.00 to $21.00 and set a “sector perform” rating for the company in a research note on Tuesday, June 9th. Finally, BTIG Research reaffirmed a “neutral” rating on shares of Campbell’s in a report on Monday, June 8th. Twelve investment analysts have rated the stock with a Hold rating and eight have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Campbell’s presently has a consensus rating of “Reduce” and a consensus price target of $22.00.

Campbell’s 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.