The Campbell’s Company $CPB Stock Holdings Raised by Successful Portfolios LLC

Successful Portfolios LLC raised its stake in The Campbell’s Company (NASDAQ:CPB) by 9.7% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 7,489 shares of the company’s stock after purchasing an additional 662 shares during the period. Successful Portfolios LLC’s holdings in Campbell’s were worth $230,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC grew its position in shares of Campbell’s by 25.1% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 10,752 shares of the company’s stock valued at $450,000 after buying an additional 2,156 shares during the last quarter. GAMMA Investing LLC grew its position in shares of Campbell’s by 4,153.6% during the 1st quarter. GAMMA Investing LLC now owns 321,915 shares of the company’s stock valued at $12,851,000 after buying an additional 314,347 shares during the last quarter. Rhumbline Advisers grew its position in shares of Campbell’s by 10.3% during the 1st quarter. Rhumbline Advisers now owns 463,785 shares of the company’s stock valued at $18,514,000 after buying an additional 43,315 shares during the last quarter. NBC Securities Inc. bought a new stake in shares of Campbell’s during the 1st quarter valued at about $31,000. Finally, Hennion & Walsh Asset Management Inc. grew its position in shares of Campbell’s by 10.2% during the 1st quarter. Hennion & Walsh Asset Management Inc. now owns 32,059 shares of the company’s stock valued at $1,280,000 after buying an additional 2,972 shares during the last quarter. Institutional investors own 52.35% of the company’s stock.

Wall Street Analyst Weigh In

CPB has been the subject of a number of recent research reports. Barclays lowered their price objective on shares of Campbell’s from $35.00 to $30.00 and set an “underweight” rating for the company in a research report on Monday, July 14th. UBS Group lowered their price objective on shares of Campbell’s from $33.00 to $30.00 and set a “sell” rating for the company in a research report on Friday, August 29th. TD Cowen boosted their price objective on shares of Campbell’s from $29.00 to $31.00 and gave the company a “hold” rating in a research report on Thursday, September 4th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Campbell’s in a research report on Saturday, September 27th. Finally, Morgan Stanley upped their target price on shares of Campbell’s from $32.00 to $33.00 and gave the stock an “equal weight” rating in a research report on Friday, September 5th. Three investment analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and five have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Campbell’s presently has a consensus rating of “Reduce” and an average target price of $34.82.

Campbell’s Price Performance

NASDAQ CPB opened at $31.95 on Friday. The Campbell’s Company has a 52 week low of $29.39 and a 52 week high of $49.11. The company has a current ratio of 0.77, a quick ratio of 0.28 and a debt-to-equity ratio of 1.56. The stock has a market cap of $9.52 billion, a price-to-earnings ratio of 15.98, a price-to-earnings-growth ratio of 10.98 and a beta of 0.02. The company has a 50-day moving average price of $32.61 and a two-hundred day moving average price of $34.04.

Campbell’s (NASDAQ:CPB) last posted its earnings results on Wednesday, September 3rd. The company reported $0.62 EPS for the quarter, topping the consensus estimate of $0.57 by $0.05. The firm had revenue of $2.32 billion during the quarter, compared to analysts’ expectations of $2.33 billion. Campbell’s had a net margin of 5.87% and a return on equity of 22.95%. Campbell’s’s quarterly revenue was up 1.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $3.08 EPS. Campbell’s has set its FY 2026 guidance at 2.400-2.550 EPS. Analysts forecast that The Campbell’s Company will post 3.15 EPS for the current year.

Campbell’s Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, November 3rd. Stockholders of record on Thursday, October 2nd will be paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date of this dividend is Thursday, October 2nd. Campbell’s’s dividend payout ratio is currently 78.00%.

Campbell’s Profile

The Campbell’s Company, formerly known as Campbell Soup Company, together with its subsidiaries, manufactures and markets food and beverage products in the United States and internationally. The company operates through Meals & Beverages and Snacks segments. The Meals & Beverages segment engages in the retail and foodservice businesses in the United States and Canada.