The Campbell’s Company Announces Quarterly Dividend of $0.39 (NASDAQ:CPB)

The Campbell’s Company (NASDAQ:CPB) declared a quarterly dividend on Wednesday, May 13th. Shareholders of record on Thursday, July 2nd will be paid a dividend of 0.39 per share on Monday, August 3rd. This represents a c) annualized dividend and a yield of 7.7%. The ex-dividend date is Thursday, July 2nd.

Campbell’s has raised its dividend payment by an average of 0.0%per year over the last three years.

Campbell’s Stock Down 0.2%

CPB stock opened at $20.35 on Thursday. The stock has a market capitalization of $6.07 billion, a P/E ratio of 11.12 and a beta of 0.01. The company has a current ratio of 1.01, a quick ratio of 0.51 and a debt-to-equity ratio of 1.66. Campbell’s has a 12 month low of $19.76 and a 12 month high of $36.03. The firm has a 50-day moving average price of $21.61 and a 200-day moving average price of $26.15.

Campbell’s (NASDAQ:CPB) last announced its quarterly earnings results on Wednesday, March 11th. The company reported $0.51 earnings per share (EPS) for the quarter, missing the consensus estimate 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%. The company’s revenue was down 4.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.74 earnings per share. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. As a group, equities research analysts anticipate that Campbell’s will post 2.19 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Stance Capital LLC bought a new stake in shares of Campbell’s during the third quarter valued at approximately $27,000. Flagship Harbor Advisors LLC bought a new position in shares of Campbell’s in the 4th quarter worth $29,000. Sittner & Nelson LLC acquired a new stake in Campbell’s in the 4th quarter valued at $29,000. Los Angeles Capital Management LLC bought a new stake in Campbell’s during the 4th quarter valued at $29,000. Finally, Ankerstar Wealth LLC bought a new stake in Campbell’s during the 4th quarter valued at $29,000. Institutional investors own 52.35% of the company’s stock.

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.