Managed Asset Portfolios LLC Takes Position in The Campbell’s Company $CPB

Managed Asset Portfolios LLC purchased a new position in shares of The Campbell’s Company (NASDAQ:CPB) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 29,796 shares of the company’s stock, valued at approximately $941,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. SBI Securities Co. Ltd. lifted its position in Campbell’s by 66.8% in the 2nd quarter. SBI Securities Co. Ltd. now owns 961 shares of the company’s stock worth $29,000 after buying an additional 385 shares in the last quarter. Geneos Wealth Management Inc. increased its stake in shares of Campbell’s by 333.3% in the first quarter. Geneos Wealth Management Inc. now owns 975 shares of the company’s stock worth $39,000 after acquiring an additional 750 shares during the last quarter. Parvin Asset Management LLC acquired a new position in shares of Campbell’s in the second quarter worth $35,000. Rothschild Investment LLC raised its holdings in shares of Campbell’s by 85.5% during the third quarter. Rothschild Investment LLC now owns 1,271 shares of the company’s stock worth $40,000 after acquiring an additional 586 shares in the last quarter. Finally, Kentucky Trust Co boosted its position in Campbell’s by 40.0% during the third quarter. Kentucky Trust Co now owns 1,400 shares of the company’s stock valued at $44,000 after purchasing an additional 400 shares during the last quarter. 52.35% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have weighed in on CPB shares. Stifel Nicolaus set a $30.00 target price on Campbell’s and gave the stock a “hold” rating in a research report on Tuesday, December 9th. Barclays set a $27.00 price target on Campbell’s in a research note on Friday, January 16th. Morgan Stanley cut their price objective on shares of Campbell’s from $30.00 to $28.00 and set a “cautious” rating on the stock in a research report on Friday, January 16th. Jefferies Financial Group reiterated a “hold” rating and issued a $26.00 target price on shares of Campbell’s in a research note on Monday. Finally, 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. Two investment analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and five have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Campbell’s has an average rating of “Reduce” and an average price target of $31.53.

Insider Activity

In other news, EVP Anthony Sanzio sold 2,700 shares of Campbell’s stock in a transaction dated Friday, January 9th. The stock was 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 approximately $669,748.64. The trade was a 9.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Charles A. Brawley III sold 11,550 shares of the stock in a transaction that occurred on Tuesday, December 30th. The shares were sold at an average price of $28.14, for a total value of $325,017.00. Following the sale, the executive vice president owned 43,777 shares of the company’s stock, valued at approximately $1,231,884.78. The trade was a 20.88% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 19.78% of the company’s stock.

Campbell’s Stock Down 1.0%

Shares of Campbell’s stock opened at $26.05 on Wednesday. The Campbell’s Company has a 12-month low of $25.62 and a 12-month high of $43.85. The company has a quick ratio of 0.34, a current ratio of 0.82 and a debt-to-equity ratio of 1.54. The stock has a 50 day moving average price of $27.39 and a two-hundred day moving average price of $29.81. The stock has a market capitalization of $7.77 billion, a P/E ratio of 13.50, a PEG ratio of 9.24 and a beta of -0.03.

Campbell’s (NASDAQ:CPB) last issued 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. The business had revenue of $2.68 billion during the quarter. Campbell’s had a net margin of 5.69% and a return on equity of 21.84%. The business’s revenue for the quarter 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. Equities analysts expect that The Campbell’s Company will post 3.15 earnings per share for the current year.

Campbell’s Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, May 4th. Stockholders of record on Thursday, April 2nd will be given a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 6.0%. The ex-dividend date of this dividend is Thursday, April 2nd. Campbell’s’s dividend payout ratio (DPR) is currently 80.83%.

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.