Raiffeisen Bank International AG Has $12.34 Million Stock Holdings in The Campbell’s Company $CPB

Raiffeisen Bank International AG trimmed its position in The Campbell’s Company (NASDAQ:CPB) by 52.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 399,853 shares of the company’s stock after selling 437,947 shares during the quarter. Raiffeisen Bank International AG owned approximately 0.13% of Campbell’s worth $12,343,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of CPB. Massachusetts Financial Services Co. MA acquired a new stake in Campbell’s during the 3rd quarter worth $77,940,000. Norges Bank bought a new stake in Campbell’s in the second quarter valued at about $40,967,000. Qube Research & Technologies Ltd lifted its stake in Campbell’s by 2,283.9% in the second quarter. Qube Research & Technologies Ltd now owns 1,154,599 shares of the company’s stock valued at $35,388,000 after buying an additional 1,106,166 shares during the period. Worldquant Millennium Advisors LLC boosted its holdings in Campbell’s by 596.3% during the second quarter. Worldquant Millennium Advisors LLC now owns 1,086,092 shares of the company’s stock worth $33,289,000 after buying an additional 930,120 shares during the last quarter. Finally, Jump Financial LLC grew its position in shares of Campbell’s by 5,100.8% during the 2nd quarter. Jump Financial LLC now owns 917,949 shares of the company’s stock worth $28,135,000 after buying an additional 900,299 shares during the period. Institutional investors own 52.35% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on CPB shares. Stifel Nicolaus set a $30.00 price objective on shares of Campbell’s and gave the stock a “hold” rating in a research note on Tuesday, December 9th. Stephens decreased their price target on shares of Campbell’s from $40.00 to $38.00 and set an “overweight” rating for the company in a report on Monday, December 8th. DA Davidson restated a “neutral” rating and issued a $30.00 price objective on shares of Campbell’s in a research report on Thursday, December 11th. Sanford C. Bernstein reduced their target price on Campbell’s from $39.00 to $33.00 and set an “outperform” rating on the stock in a report on Wednesday, December 10th. Finally, Royal Bank Of Canada decreased their target price on Campbell’s from $35.00 to $30.00 and set a “sector perform” rating for the company in a research note on Wednesday, December 10th. Three analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and six have assigned a Sell rating to the company. Based on data from MarketBeat, Campbell’s has a consensus rating of “Reduce” and a consensus price target of $32.29.

Insider Activity

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

Campbell’s Trading Down 0.5%

NASDAQ:CPB opened at $26.83 on Friday. The company has a market cap of $8.00 billion, a P/E ratio of 13.90, a price-to-earnings-growth ratio of 9.47 and a beta of -0.04. The Campbell’s Company has a twelve month low of $25.62 and a twelve month high of $43.85. The business has a 50 day moving average price of $27.63 and a two-hundred day moving average price of $30.13. The company has a quick ratio of 0.34, a current ratio of 0.82 and a debt-to-equity ratio of 1.54.

Campbell’s (NASDAQ:CPB) last posted its quarterly earnings data on Tuesday, December 9th. The company reported $0.77 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.73 by $0.04. Campbell’s had a net margin of 5.69% and a return on equity of 21.84%. The company had revenue of $2.68 billion for the quarter. The company’s 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. As a group, analysts expect that The Campbell’s Company will post 3.15 EPS for the current fiscal year.

About Campbell’s

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.