Campbell’s (NASDAQ:CPB) Raised to “Hold” at Zacks Research

Campbell’s (NASDAQ:CPB) was upgraded by research analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued on Monday, Zacks reports.

A number of other research firms have also issued reports on CPB. Weiss Ratings lowered Campbell’s from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, October 8th. Argus raised Campbell’s to a “hold” rating in a research report on Wednesday, September 30th. BTIG Research restated a “neutral” rating on shares of Campbell’s in a research note on Friday, September 4th. TD Cowen upped their target price on shares of Campbell’s from $20.00 to $22.00 and gave the stock a “hold” rating in a research note on Wednesday, August 19th. Finally, JPMorgan Chase & Co. raised their target price on shares of Campbell’s from $20.00 to $22.00 and gave the company a “neutral” rating in a report on Tuesday, August 18th. Thirteen analysts have rated the stock with a Hold rating and seven have issued a Sell rating to the company’s stock. According to MarketBeat.com, Campbell’s has an average rating of “Reduce” and an average target price of $19.88.

Campbell’s Stock Down 1.2%

Shares of NASDAQ CPB opened at $22.59 on Monday. The stock has a market cap of $6.74 billion, a P/E ratio of 17.24, a PEG ratio of 2.69 and a beta of 0.06. The company has a current ratio of 0.82, a quick ratio of 0.33 and a debt-to-equity ratio of 1.60. Campbell’s has a 12-month low of $18.60 and a 12-month high of $32.04. The business’s fifty day simple moving average is $20.77 and its 200-day simple moving average is $22.38.

Campbell’s (NASDAQ:CPB) last released its earnings results on Thursday, September 3rd. The company reported $0.39 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.39. Campbell’s had a return on equity of 16.44% and a net margin of 4.04%. The firm had revenue of $2.14 billion during the quarter. During the same quarter last year, the business posted $0.62 earnings per share. The company’s revenue for the quarter was down 7.9% on a year-over-year basis. Campbell’s has set its FY 2027 guidance at 1.650-1.800 EPS. As a group, equities analysts predict that Campbell’s will post 1.70 EPS for the current fiscal year.

Institutional Investors Weigh In On Campbell’s

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Colonial Trust Co SC lifted its position in Campbell’s by 25.9% in the third quarter. Colonial Trust Co SC now owns 2,518 shares of the company’s stock valued at $50,000 after acquiring an additional 518 shares during the last quarter. Parallel Advisors LLC grew its holdings in shares of Campbell’s by 23.5% during the first quarter. Parallel Advisors LLC now owns 2,792 shares of the company’s stock worth $62,000 after purchasing an additional 532 shares during the last quarter. Resona Asset Management Co. Ltd. grew its holdings in shares of Campbell’s by 39.1% during the first quarter. Resona Asset Management Co. Ltd. now owns 2,699 shares of the company’s stock worth $60,000 after purchasing an additional 759 shares during the last quarter. Guardian Partners Inc. increased its position in shares of Campbell’s by 25.3% during the third quarter. Guardian Partners Inc. now owns 4,210 shares of the company’s stock worth $83,000 after purchasing an additional 850 shares in the last quarter. Finally, Swiss Life Asset Management Ltd increased its position in shares of Campbell’s by 6.2% during the second quarter. Swiss Life Asset Management Ltd now owns 14,944 shares of the company’s stock worth $333,000 after purchasing an additional 876 shares in the last quarter. 52.35% of the stock is currently owned by institutional investors and hedge funds.

About Campbell’s

The Campbell’s Company, formerly known as Campbell Soup Company, makes and markets packaged foods and beverages. Its products include soups, sauces, pasta, shelf-stable meals, snacks and beverages, sold under brands such as Campbell’s, Prego, Pace, V8, Goldfish, Pepperidge Farm and Snyder’s of Hanover. Founded in 1869, the company became known for popularizing condensed soup. Today, it serves consumers primarily in the United States and Canada, with products also sold in other markets. Campbell’s is led by President and Chief Executive Officer Mick Beekhuizen, who assumed the role in 2025.