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

Zacks Research upgraded shares of Campbell’s (NASDAQ:CPB) from a strong sell rating to a hold rating in a research report sent to investors on Monday,Zacks reports.

CPB has been the subject of several other reports. Argus raised shares of Campbell’s to a “hold” rating in a research note on Wednesday, September 30th. Weiss Ratings lowered Campbell’s from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, October 8th. Evercore set a $21.00 price objective on Campbell’s in a report on Monday, September 14th. Stephens set a $20.00 price objective on Campbell’s in a report on Friday, August 28th. Finally, Barclays lowered their price objective on Campbell’s from $19.00 to $18.00 and set an “underweight” rating for the company in a research report on Friday, September 4th. Thirteen analysts have rated the stock with a Hold rating and seven have given a Sell rating to the company. According to MarketBeat, Campbell’s currently has a consensus rating of “Reduce” and a consensus target price of $19.88.

Campbell’s Stock Performance

Shares of NASDAQ CPB opened at $22.59 on Monday. The company has a market cap of $6.74 billion, a PE ratio of 17.24, a price-to-earnings-growth ratio of 2.69 and a beta of 0.06. Campbell’s has a 12 month low of $18.60 and a 12 month high of $32.04. The company has a debt-to-equity ratio of 1.60, a current ratio of 0.82 and a quick ratio of 0.33. The company has a 50-day simple moving average of $20.77 and a 200-day simple moving average of $22.38.

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

Campbell’s Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, November 2nd. Investors of record on Thursday, October 1st were issued a $0.25 dividend. The ex-dividend date was Thursday, October 1st. This is a negative change from Campbell’s’s previous quarterly dividend of $0.39. This represents a $1.00 dividend on an annualized basis and a yield of 4.4%. Campbell’s’s payout ratio is presently 76.34%.

Hedge Funds Weigh In On Campbell’s

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Dimensional Fund Advisors LP raised its stake in Campbell’s by 23.3% during the first quarter. Dimensional Fund Advisors LP now owns 10,239,231 shares of the company’s stock worth $228,026,000 after purchasing an additional 1,933,814 shares during the period. Bank of New York Mellon Corp acquired a new position in shares of Campbell’s in the 2nd quarter valued at $79,090,000. First Trust Advisors LP grew its stake in shares of Campbell’s by 35.0% during the 1st quarter. First Trust Advisors LP now owns 2,820,793 shares of the company’s stock valued at $62,819,000 after buying an additional 731,393 shares during the period. Lazard Asset Management LLC purchased a new stake in shares of Campbell’s during the 1st quarter valued at $61,261,000. Finally, Hsbc Holdings PLC grew its stake in shares of Campbell’s by 644.9% during the 1st quarter. Hsbc Holdings PLC now owns 1,864,119 shares of the company’s stock valued at $41,319,000 after buying an additional 1,613,873 shares during the period. Institutional investors and hedge funds own 52.35% of the company’s stock.

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.