The Campbell’s Company (NASDAQ:CPB) Given Average Recommendation of “Reduce” by Brokerages

The Campbell’s Company (NASDAQ:CPB) has earned an average rating of “Reduce” from the twenty brokerages that are covering the company, MarketBeat Ratings reports. Seven research analysts have rated the stock with a sell rating, eleven have given a hold rating and two have issued a buy rating on the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $27.6471.

Several analysts recently issued reports on CPB shares. UBS Group dropped their target price on Campbell’s from $24.00 to $20.00 and set a “sell” rating on the stock in a report on Friday, March 13th. Barclays lowered their price target on Campbell’s from $27.00 to $23.00 and set an “underweight” rating on the stock in a research report on Thursday, March 12th. DA Davidson reaffirmed a “neutral” rating and issued a $30.00 price objective on shares of Campbell’s in a research report on Thursday, March 12th. Sanford C. Bernstein reduced their target price on Campbell’s from $33.00 to $27.00 and set an “outperform” rating for the company in a research note on Thursday, March 12th. Finally, Morgan Stanley dropped their price target on Campbell’s from $27.00 to $25.00 and set an “equal weight” rating on the stock in a research note on Thursday, March 12th.

Campbell’s Price Performance

Shares of CPB opened at $21.07 on Monday. The company has a 50 day moving average of $26.22 and a 200-day moving average of $28.95. The company has a quick ratio of 0.51, a current ratio of 1.01 and a debt-to-equity ratio of 1.66. The stock has a market capitalization of $6.28 billion, a P/E ratio of 11.51 and a beta of -0.02. Campbell’s has a twelve month low of $20.80 and a twelve month high of $40.59.

Campbell’s (NASDAQ:CPB) last released its earnings results on Wednesday, March 11th. The company reported $0.51 earnings per share for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.06). Campbell’s had a net margin of 5.48% and a return on equity of 19.96%. The business had revenue of $2.56 billion during the quarter. During the same period in the prior year, the business posted $0.74 earnings per share. The company’s quarterly revenue was down 4.5% compared to the same quarter last year. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. As a group, equities research analysts forecast that Campbell’s will post 3.15 EPS for the current fiscal year.

Campbell’s Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 4th. Shareholders of record on Thursday, April 2nd will be issued a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 7.4%. The ex-dividend date of this dividend is Thursday, April 2nd. Campbell’s’s dividend payout ratio is currently 85.25%.

Insiders Place Their Bets

In other news, EVP Anthony Sanzio sold 2,700 shares of Campbell’s stock in a transaction on Friday, January 9th. The stock was sold at an average price of $26.51, for a total transaction of $71,577.00. Following the completion of the sale, the executive vice president owned 25,264 shares of the company’s stock, valued at approximately $669,748.64. This trade represents a 9.66% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Charles A. Brawley III sold 11,550 shares of the business’s 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 sale, the executive vice president directly 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. 19.78% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Campbell’s by 3.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,472 shares of the company’s stock valued at $777,000 after buying an additional 685 shares in the last quarter. Goldman Sachs Group Inc. grew its position in Campbell’s by 4.3% during the first quarter. Goldman Sachs Group Inc. now owns 660,543 shares of the company’s stock worth $26,369,000 after buying an additional 27,374 shares in the last quarter. Empowered Funds LLC bought a new position in Campbell’s during the 1st quarter worth $446,000. Woodline Partners LP increased its stake in Campbell’s by 40.9% during the 1st quarter. Woodline Partners LP now owns 16,623 shares of the company’s stock worth $664,000 after acquiring an additional 4,827 shares during the period. Finally, Geneos Wealth Management Inc. raised its holdings in Campbell’s by 333.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 975 shares of the company’s stock valued at $39,000 after acquiring an additional 750 shares in the last quarter. Institutional investors and hedge funds own 52.35% of the company’s stock.

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.