Sei Investments Co. Raises Stock Holdings in The Campbell’s Company $CPB

Sei Investments Co. boosted its position in shares of The Campbell’s Company (NASDAQ:CPB) by 26.3% in the first quarter, HoldingsChannel reports. The institutional investor owned 162,791 shares of the company’s stock after acquiring an additional 33,868 shares during the quarter. Sei Investments Co.’s holdings in Campbell’s were worth $3,625,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the company. Two Sigma Investments LP increased its position in shares of Campbell’s by 534.8% in the third quarter. Two Sigma Investments LP now owns 4,937,170 shares of the company’s stock valued at $155,916,000 after acquiring an additional 4,159,398 shares during the period. Brandywine Managers LLC purchased a new stake in shares of Campbell’s during the fourth quarter worth about $92,793,000. Invesco Ltd. boosted its holdings in shares of Campbell’s by 42.6% during the third quarter. Invesco Ltd. now owns 7,995,733 shares of the company’s stock worth $252,505,000 after purchasing an additional 2,387,575 shares during the period. UBS Group AG grew its stake in shares of Campbell’s by 175.7% in the third quarter. UBS Group AG now owns 3,730,947 shares of the company’s stock worth $117,823,000 after purchasing an additional 2,377,488 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its position in shares of Campbell’s by 23.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 10,239,231 shares of the company’s stock worth $228,026,000 after buying an additional 1,933,814 shares during the last quarter. Hedge funds and other institutional investors own 52.35% of the company’s stock.

Campbell’s Stock Down 2.1%

Shares of CPB opened at $22.56 on Friday. The stock has a market capitalization of $6.73 billion, a price-to-earnings ratio of 11.17 and a beta of 0.02. The business’s 50 day simple moving average is $22.11 and its 200-day simple moving average is $22.99. The company has a debt-to-equity ratio of 1.53, a current ratio of 0.87 and a quick ratio of 0.38. The Campbell’s Company has a 1 year low of $19.56 and a 1 year high of $34.17.

Campbell’s (NASDAQ:CPB) last announced its earnings results on Monday, June 8th. The company reported $0.50 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.02. Campbell’s had a return on equity of 18.04% and a net margin of 6.12%.The firm had revenue of $2.37 billion during the quarter. During the same quarter last year, the firm posted $0.22 EPS. Campbell’s’s revenue for the quarter 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. As a group, equities analysts expect that The Campbell’s Company will post 2.18 earnings per share for the current fiscal year.

Campbell’s Dividend Announcement

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

Analysts Set New Price Targets

CPB has been the topic of a number of research analyst reports. Stifel Nicolaus upped their target price on Campbell’s from $20.00 to $22.00 and gave the stock a “hold” rating in a report on Wednesday, July 22nd. DA Davidson raised shares of Campbell’s to a “hold” rating in a report on Monday, July 6th. UBS Group lowered their price target on Campbell’s from $19.00 to $17.00 and set a “sell” rating on the stock in a report on Tuesday, June 9th. Bank of America dropped their target price on shares of Campbell’s from $20.00 to $18.00 and set an “underperform” rating on the stock in a report on Tuesday, June 9th. Finally, Zacks Research cut Campbell’s from a “hold” rating to a “strong sell” rating in a research report on Wednesday, June 10th. Eleven research analysts have rated the stock with a Hold rating and eight have issued a Sell rating to the company. According to data from MarketBeat.com, Campbell’s has a consensus rating of “Reduce” and a consensus price target of $21.20.

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.