Commerzbank Aktiengesellschaft FI Invests $878,000 in The Campbell’s Company $CPB

Commerzbank Aktiengesellschaft FI purchased a new position in shares of The Campbell’s Company (NASDAQ:CPB) during the 2nd quarter, Holdings Channel.com reports. The firm purchased 39,446 shares of the company’s stock, valued at approximately $878,000.

A number of other hedge funds have also added to or reduced their stakes in the company. Sittner & Nelson LLC bought a new stake in Campbell’s during the fourth quarter worth $29,000. Los Angeles Capital Management LLC bought a new position in shares of Campbell’s in the 4th quarter valued at $29,000. Ankerstar Wealth LLC acquired a new position in shares of Campbell’s during the 4th quarter worth $29,000. IMA Advisory Services Inc. acquired a new position in shares of Campbell’s during the 4th quarter worth $33,000. Finally, IFP Advisors Inc bought a new stake in shares of Campbell’s during the 3rd quarter worth $37,000. 52.35% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms recently weighed in on CPB. Sanford C. Bernstein reaffirmed an “underperform” rating and issued a $19.00 price objective (down from $21.00) on shares of Campbell’s in a research note on Tuesday, June 9th. Stifel Nicolaus increased their target price on shares of Campbell’s from $20.00 to $22.00 and gave the stock a “hold” rating in a report on Wednesday, July 22nd. Morgan Stanley reduced their price target on shares of Campbell’s from $23.00 to $21.00 and set an “equal weight” rating on the stock in a research note on Friday, June 5th. Stephens lowered shares of Campbell’s from an “overweight” rating to an “equal weight” rating and decreased their price target for the company from $28.00 to $21.00 in a report on Monday, June 1st. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Campbell’s in a research report on Tuesday, June 30th. Twelve analysts have rated the stock with a Hold rating and seven have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average price target of $20.47.

Campbell’s Stock Performance

NASDAQ:CPB opened at $22.86 on Wednesday. The company has a debt-to-equity ratio of 1.53, a quick ratio of 0.38 and a current ratio of 0.87. The Campbell’s Company has a fifty-two week low of $19.56 and a fifty-two week high of $34.17. The company has a 50 day simple moving average of $22.35 and a two-hundred day simple moving average of $22.77. The company has a market capitalization of $6.82 billion, a PE ratio of 11.32 and a beta of 0.02.

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

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.