The Campbell’s Company $CPB Shares Sold by Resona Asset Management Co. Ltd.

Resona Asset Management Co. Ltd. lessened its position in shares of The Campbell’s Company (NASDAQ:CPB) by 73.7% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 25,607 shares of the company’s stock after selling 71,773 shares during the quarter. Resona Asset Management Co. Ltd.’s holdings in Campbell’s were worth $807,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Ameritas Advisory Services LLC purchased a new stake in shares of Campbell’s during the 2nd quarter worth about $25,000. SBI Securities Co. Ltd. grew its holdings in Campbell’s by 66.8% in the second quarter. SBI Securities Co. Ltd. now owns 961 shares of the company’s stock valued at $29,000 after purchasing an additional 385 shares during the period. Parvin Asset Management LLC purchased a new stake in shares of Campbell’s in the second quarter valued at approximately $35,000. Geneos Wealth Management Inc. raised its stake in shares of Campbell’s by 333.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 975 shares of the company’s stock worth $39,000 after buying an additional 750 shares during the period. Finally, Kentucky Trust Co raised its stake in shares of Campbell’s by 40.0% during the 3rd quarter. Kentucky Trust Co now owns 1,400 shares of the company’s stock worth $44,000 after buying an additional 400 shares during the period. Institutional investors and hedge funds own 52.35% of the company’s stock.

Campbell’s Trading Up 0.1%

Shares of Campbell’s stock opened at $27.01 on Friday. The Campbell’s Company has a 1-year low of $25.62 and a 1-year high of $43.85. The company has a debt-to-equity ratio of 1.54, a current ratio of 0.82 and a quick ratio of 0.34. The stock has a market cap of $8.05 billion, a P/E ratio of 13.99, a P/E/G ratio of 9.47 and a beta of -0.04. The stock’s 50 day simple moving average is $28.11 and its 200-day simple moving average is $30.52.

Campbell’s (NASDAQ:CPB) last released its quarterly earnings data on Tuesday, December 9th. The company reported $0.77 earnings per share for the quarter, topping analysts’ consensus estimates of $0.73 by $0.04. Campbell’s had a return on equity of 21.84% and a net margin of 5.69%.The company had revenue of $2.68 billion for the quarter. Campbell’s’s quarterly revenue was down 3.4% compared to the same quarter last year. Campbell’s has set its FY 2026 guidance at 2.400-2.550 EPS. Analysts predict that The Campbell’s Company will post 3.15 EPS for the current fiscal year.

Campbell’s Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, February 2nd. Investors of record on Thursday, January 8th will be given a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 5.8%. The ex-dividend date is Thursday, January 8th. Campbell’s’s dividend payout ratio (DPR) is presently 80.83%.

Analyst Ratings Changes

CPB has been the topic of a number of research analyst reports. Stephens dropped their price target on shares of Campbell’s from $40.00 to $38.00 and set an “overweight” rating on the stock in a research note on Monday, December 8th. DA Davidson reissued a “neutral” rating and set a $30.00 target price on shares of Campbell’s in a research note on Thursday, December 11th. Barclays set a $27.00 price target on shares of Campbell’s in a research note on Friday, January 16th. Wells Fargo & Company cut their price objective on Campbell’s from $31.00 to $30.00 and set an “equal weight” rating for the company in a research note on Wednesday, December 10th. Finally, UBS Group decreased their target price on Campbell’s from $28.00 to $26.00 and set a “sell” rating on the stock in a research report on Wednesday, December 10th. Three research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and six have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus price target of $32.29.

Insider Transactions at Campbell’s

In other Campbell’s news, EVP Anthony Sanzio sold 2,700 shares of the business’s stock in a transaction dated Friday, January 9th. The shares were sold at an average price of $26.51, for a total value of $71,577.00. Following the transaction, the executive vice president directly owned 25,264 shares in the company, valued at $669,748.64. The trade was a 9.66% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Charles A. Brawley III sold 11,550 shares of the firm’s stock in a transaction that occurred on Tuesday, December 30th. The stock was sold at an average price of $28.14, for a total transaction of $325,017.00. Following the sale, the executive vice president owned 43,777 shares of the company’s stock, valued at $1,231,884.78. This represents a 20.88% decrease in their position. The disclosure for this sale is available in the SEC filing. 19.78% of the stock is owned by insiders.

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.