Redwood Investment Management LLC Takes $643,000 Position in The Campbell’s Company $CPB

Redwood Investment Management LLC acquired a new position in shares of The Campbell’s Company (NASDAQ:CPB) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 28,878 shares of the company’s stock, valued at approximately $643,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Two Sigma Investments LP boosted its stake in Campbell’s by 534.8% in the 3rd quarter. Two Sigma Investments LP now owns 4,937,170 shares of the company’s stock worth $155,916,000 after purchasing an additional 4,159,398 shares during the period. Brandywine Managers LLC acquired a new stake in shares of Campbell’s in the 4th quarter valued at about $92,793,000. Lazard Asset Management LLC bought a new stake in shares of Campbell’s in the first quarter valued at about $61,261,000. Invesco Ltd. lifted its holdings in shares of Campbell’s by 42.6% in the third quarter. Invesco Ltd. now owns 7,995,733 shares of the company’s stock valued at $252,505,000 after purchasing an additional 2,387,575 shares in the last quarter. Finally, UBS Group AG boosted its position in shares of Campbell’s by 175.7% during the third quarter. UBS Group AG now owns 3,730,947 shares of the company’s stock worth $117,823,000 after buying an additional 2,377,488 shares during the period. 52.35% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on CPB. Morgan Stanley decreased their price objective on Campbell’s from $23.00 to $21.00 and set an “equal weight” rating for the company in a report on Friday, June 5th. DA Davidson raised Campbell’s to a “hold” rating in a research report on Monday, July 6th. Stifel Nicolaus raised their price target on shares of Campbell’s from $20.00 to $22.00 and gave the stock a “hold” rating in a research note on Wednesday, July 22nd. Wells Fargo & Company downgraded shares of Campbell’s from an “equal weight” rating to an “underweight” rating and lowered their price objective for the company from $20.00 to $18.00 in a report on Wednesday, April 8th. Finally, UBS Group cut their price objective on shares of Campbell’s from $19.00 to $17.00 and set a “sell” rating on the stock in a research report on Tuesday, June 9th. Twelve equities research analysts have rated the stock with a Hold rating and eight have assigned a Sell rating to the stock. According to data from MarketBeat.com, Campbell’s has an average rating of “Reduce” and a consensus target price of $22.00.

Campbell’s Stock Up 1.8%

NASDAQ:CPB opened at $22.37 on Tuesday. The firm has a market capitalization of $6.67 billion, a price-to-earnings ratio of 11.07 and a beta of 0.02. The Campbell’s Company has a twelve month low of $19.56 and a twelve month high of $34.17. The stock’s 50 day moving average price is $21.98 and its two-hundred day moving average price is $23.07. The company has a quick ratio of 0.38, a current ratio of 0.87 and a debt-to-equity ratio of 1.53.

Campbell’s (NASDAQ:CPB) last released its quarterly earnings data on Monday, June 8th. The company reported $0.50 EPS for the quarter, beating the consensus estimate of $0.48 by $0.02. Campbell’s had a return on equity of 18.04% and a net margin of 6.12%.The company had revenue of $2.37 billion during the quarter. During the same period in the previous year, the company posted $0.22 EPS. The company’s quarterly revenue was down 4.4% compared to the same quarter last year. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. Equities research analysts expect that The Campbell’s Company will post 2.18 earnings per share for the current fiscal year.

Campbell’s Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, August 3rd. Shareholders of record on Thursday, July 2nd were paid a $0.39 dividend. The ex-dividend date was Thursday, July 2nd. This represents a $1.56 dividend on an annualized basis and a yield of 7.0%. Campbell’s’s dividend payout ratio (DPR) is currently 77.23%.

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.