Oregon Public Employees Retirement Fund Purchases 22,162 Shares of The Campbell’s Company $CPB

Oregon Public Employees Retirement Fund boosted its position in The Campbell’s Company (NASDAQ:CPB) by 98.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,700 shares of the company’s stock after buying an additional 22,162 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Campbell’s were worth $995,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Flagship Harbor Advisors LLC purchased a new position in shares of Campbell’s during the fourth quarter worth approximately $29,000. Sittner & Nelson LLC purchased a new stake in shares of Campbell’s in the 4th quarter valued at $29,000. Los Angeles Capital Management LLC bought a new position in shares of Campbell’s during the 4th quarter valued at $29,000. Ankerstar Wealth LLC bought a new position in shares of Campbell’s during the 4th quarter valued at $29,000. Finally, IMA Advisory Services Inc. purchased a new position in Campbell’s in the 4th quarter worth $33,000. 52.35% of the stock is currently owned by institutional investors.

Campbell’s Stock Performance

Shares of NASDAQ:CPB opened at $23.28 on Friday. The company has a market cap of $6.94 billion, a price-to-earnings ratio of 11.52 and a beta of 0.02. The company has a 50-day moving average price of $22.28 and a 200-day moving average price of $22.86. The company has a current ratio of 0.87, a quick ratio of 0.38 and a debt-to-equity ratio of 1.53. The Campbell’s Company has a 12 month low of $19.56 and a 12 month high of $34.17.

Campbell’s (NASDAQ:CPB) last posted its earnings results on Monday, June 8th. The company reported $0.50 earnings per share (EPS) for the quarter, topping 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 for the quarter. During the same period in the previous year, the business earned $0.22 earnings per share. The firm’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 anticipate that The Campbell’s Company will post 2.18 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms have weighed in on CPB. Stephens downgraded shares of Campbell’s from an “overweight” rating to an “equal weight” rating and lowered their price target for the stock from $28.00 to $21.00 in a research note on Monday, June 1st. Sanford C. Bernstein reaffirmed an “underperform” rating and set a $19.00 price objective (down from $21.00) on shares of Campbell’s in a research note on Tuesday, June 9th. Royal Bank Of Canada decreased their price objective on Campbell’s from $23.00 to $21.00 and set a “sector perform” rating on the stock in a report on Tuesday, June 9th. Zacks Research upgraded Campbell’s from a “strong sell” rating to a “hold” rating in a report on Monday. Finally, Bank of America reduced their price target on Campbell’s from $20.00 to $18.00 and set an “underperform” rating on the stock in a research report on Tuesday, June 9th. Twelve investment analysts have rated the stock with a Hold rating and seven have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Campbell’s presently has a consensus rating of “Reduce” and a consensus target price of $21.20.

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.