The Campbell’s Company $CPB Stock Holdings Boosted by Canal Insurance CO

Canal Insurance CO raised its position in The Campbell’s Company (NASDAQ:CPB) by 200.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 45,000 shares of the company’s stock after purchasing an additional 30,000 shares during the quarter. Canal Insurance CO’s holdings in Campbell’s were worth $1,254,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in CPB. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake 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 purchasing an additional 685 shares during the period. Goldman Sachs Group Inc. increased its stake in shares of Campbell’s by 4.3% in the first quarter. Goldman Sachs Group Inc. now owns 660,543 shares of the company’s stock valued at $26,369,000 after purchasing an additional 27,374 shares during the period. Empowered Funds LLC acquired a new stake in shares of Campbell’s in the first quarter valued at approximately $446,000. Woodline Partners LP increased its stake in shares of Campbell’s by 40.9% in the first quarter. Woodline Partners LP now owns 16,623 shares of the company’s stock valued at $664,000 after purchasing an additional 4,827 shares during the period. Finally, 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 valued at $39,000 after purchasing an additional 750 shares during the period. Institutional investors and hedge funds own 52.35% of the company’s stock.

Campbell’s Price Performance

NASDAQ CPB opened at $21.25 on Friday. The Campbell’s Company has a 12 month low of $19.76 and a 12 month high of $36.16. The company has a debt-to-equity ratio of 1.66, a current ratio of 1.01 and a quick ratio of 0.51. The firm has a market capitalization of $6.34 billion, a PE ratio of 11.61 and a beta of 0.01. The company’s 50 day simple moving average is $22.10 and its 200 day simple moving average is $26.45.

Campbell’s (NASDAQ:CPB) last posted its quarterly earnings data on Wednesday, March 11th. The company reported $0.51 EPS for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.06). The company had revenue of $2.56 billion for the quarter. Campbell’s had a net margin of 5.48% and a return on equity of 19.96%. Campbell’s’s revenue for the quarter was down 4.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.74 EPS. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. As a group, equities research analysts forecast that The Campbell’s Company will post 2.19 EPS for the current fiscal year.

Campbell’s Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, May 4th. Shareholders of record on Thursday, April 2nd were given a $0.39 dividend. The ex-dividend date was Thursday, April 2nd. This represents a $1.56 annualized dividend and a yield of 7.3%. Campbell’s’s payout ratio is 85.25%.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on CPB shares. Wells Fargo & Company lowered shares of Campbell’s from an “equal weight” rating to an “underweight” rating and dropped their price target for the company from $20.00 to $18.00 in a research note on Wednesday, April 8th. BTIG Research started coverage on shares of Campbell’s in a research note on Monday, April 13th. They set a “neutral” rating on the stock. Stifel Nicolaus lowered their price objective on shares of Campbell’s from $25.00 to $20.00 and set a “hold” rating on the stock in a research note on Tuesday, April 21st. UBS Group lowered their price objective on shares of Campbell’s from $24.00 to $20.00 and set a “sell” rating on the stock in a research note on Friday, March 13th. Finally, Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Campbell’s from $23.00 to $20.00 and set a “hold” rating on the stock in a research note on Monday, March 30th. One investment analyst has rated the stock with a Buy rating, thirteen have issued a Hold rating and eight have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and a consensus price target of $26.06.

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.