UBS Group Lowers Campbell’s (NASDAQ:CPB) Price Target to $19.00

Campbell’s (NASDAQ:CPB) had its price target reduced by equities research analysts at UBS Group from $20.00 to $19.00 in a research report issued on Tuesday,Benzinga reports. The brokerage currently has a “sell” rating on the stock. UBS Group’s price objective points to a potential downside of 10.38% from the company’s current price.

Other equities analysts have also issued reports about the company. BTIG Research initiated coverage on Campbell’s in a research report on Monday, April 13th. They set a “neutral” rating on the stock. Jefferies Financial Group restated a “hold” rating and set a $26.00 price target on shares of Campbell’s in a research report on Monday, March 2nd. Morgan Stanley reduced their price target on Campbell’s from $25.00 to $23.00 and set an “equal weight” rating on the stock in a research report on Thursday, April 23rd. Stifel Nicolaus reduced their price target on Campbell’s from $25.00 to $20.00 and set a “hold” rating on the stock in a research report on Tuesday, April 21st. Finally, Bank of America reduced their price target on Campbell’s from $26.00 to $23.00 and set an “underperform” rating on the stock in a research report on Thursday, March 12th. Fourteen research analysts have rated the stock with a Hold rating and seven have assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Reduce” and a consensus target price of $23.53.

Campbell’s Price Performance

Shares of Campbell’s stock traded up $0.09 during trading on Tuesday, hitting $21.20. 8,843,915 shares of the stock traded hands, compared to its average volume of 6,729,061. The company has a quick ratio of 0.51, a current ratio of 1.01 and a debt-to-equity ratio of 1.66. The stock has a market cap of $6.32 billion, a price-to-earnings ratio of 11.58 and a beta of 0.02. The firm’s fifty day moving average is $20.85 and its 200-day moving average is $25.23. Campbell’s has a 52 week low of $19.56 and a 52 week high of $35.00.

Campbell’s (NASDAQ:CPB) last announced its quarterly earnings data on Wednesday, March 11th. The company reported $0.51 EPS for the quarter, missing the consensus estimate of $0.57 by ($0.06). The firm 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% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.74 EPS. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. Research analysts expect that Campbell’s will post 2.18 EPS for the current fiscal year.

Institutional Investors Weigh In On Campbell’s

Several institutional investors and hedge funds have recently bought and sold shares of the business. State Street Corp lifted its holdings in Campbell’s by 1.3% in the 2nd quarter. State Street Corp now owns 11,960,359 shares of the company’s stock worth $366,585,000 after buying an additional 149,679 shares during the period. Dimensional Fund Advisors LP lifted its holdings in 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 period. Invesco Ltd. lifted its holdings in Campbell’s by 21.6% in the 4th quarter. Invesco Ltd. now owns 9,719,409 shares of the company’s stock worth $270,880,000 after buying an additional 1,723,676 shares during the period. Two Sigma Investments LP lifted its holdings in Campbell’s by 534.8% in the 3rd quarter. Two Sigma Investments LP now owns 4,937,170 shares of the company’s stock worth $155,916,000 after buying an additional 4,159,398 shares during the period. Finally, UBS Group AG lifted its holdings in Campbell’s by 175.7% in the 3rd quarter. UBS Group AG now owns 3,730,947 shares of the company’s stock worth $117,823,000 after buying an additional 2,377,488 shares during the period. Hedge funds and other 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.