Analysts Set The Campbell’s Company (NASDAQ:CPB) Price Target at $21.88

Shares of The Campbell’s Company (NASDAQ:CPB) have been given a consensus rating of “Reduce” by the twenty ratings firms that are currently covering the firm, MarketBeat Ratings reports. Eight equities research analysts have rated the stock with a sell recommendation and twelve have given a hold recommendation to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $21.8750.

A number of research firms recently weighed in on CPB. Deutsche Bank Aktiengesellschaft decreased their target price on Campbell’s from $23.00 to $20.00 and set a “hold” rating on the stock in a report on Monday, March 30th. Sanford C. Bernstein reaffirmed an “underperform” rating and issued a $19.00 price objective (down from $21.00) on shares of Campbell’s in a report on Tuesday, June 9th. Jefferies Financial Group reaffirmed a “hold” rating and issued a $26.00 price objective on shares of Campbell’s in a report on Monday, March 2nd. Morgan Stanley decreased their price objective on Campbell’s from $23.00 to $21.00 and set an “equal weight” rating on the stock in a report on Friday, June 5th. Finally, Barclays decreased their price objective on Campbell’s from $21.00 to $19.00 and set an “underweight” rating on the stock in a report on Monday, June 8th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Public Employees Retirement System of Ohio grew its stake in shares of Campbell’s by 0.6% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 60,571 shares of the company’s stock valued at $1,913,000 after purchasing an additional 376 shares during the period. New England Asset Management Inc. grew its stake in shares of Campbell’s by 0.6% during the 3rd quarter. New England Asset Management Inc. now owns 65,365 shares of the company’s stock valued at $2,064,000 after purchasing an additional 380 shares during the period. Steward Partners Investment Advisory LLC grew its stake in shares of Campbell’s by 8.1% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 5,099 shares of the company’s stock valued at $142,000 after purchasing an additional 380 shares during the period. Horizon Investments LLC grew its stake in shares of Campbell’s by 10.2% during the 4th quarter. Horizon Investments LLC now owns 4,228 shares of the company’s stock valued at $116,000 after purchasing an additional 390 shares during the period. Finally, Commonwealth Equity Services LLC grew its stake in shares of Campbell’s by 0.5% during the 4th quarter. Commonwealth Equity Services LLC now owns 90,311 shares of the company’s stock valued at $2,517,000 after purchasing an additional 440 shares during the period. 52.35% of the stock is owned by institutional investors and hedge funds.

Campbell’s Trading Up 1.7%

Shares of Campbell’s stock opened at $22.73 on Wednesday. Campbell’s has a 12-month low of $19.56 and a 12-month high of $34.17. The stock has a market cap of $6.78 billion, a P/E ratio of 11.25 and a beta of 0.02. The company has a quick ratio of 0.38, a current ratio of 0.87 and a debt-to-equity ratio of 1.53. The business’s 50 day moving average is $21.07 and its 200-day moving average is $24.10.

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

Campbell’s Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 3rd. Shareholders of record on Thursday, July 2nd will be issued a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 6.9%. The ex-dividend date of this dividend is Thursday, July 2nd. Campbell’s’s dividend payout ratio is currently 77.23%.

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.