The Campbell’s Company $CPB Shares Bought by Successful Portfolios LLC

Successful Portfolios LLC lifted its stake in The Campbell’s Company (NASDAQ:CPB) by 9.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,489 shares of the company’s stock after acquiring an additional 662 shares during the period. Successful Portfolios LLC’s holdings in Campbell’s were worth $230,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the stock. World Investment Advisors acquired a new stake in Campbell’s during the first quarter valued at approximately $410,000. Teacher Retirement System of Texas acquired a new stake in Campbell’s during the first quarter valued at approximately $1,131,000. Wealth Enhancement Advisory Services LLC lifted its stake in Campbell’s by 24.3% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 13,366 shares of the company’s stock valued at $534,000 after purchasing an additional 2,614 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its stake in Campbell’s by 13.2% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 25,865 shares of the company’s stock valued at $1,027,000 after purchasing an additional 3,010 shares during the last quarter. Finally, KBC Group NV lifted its stake in Campbell’s by 182.0% during the first quarter. KBC Group NV now owns 498,216 shares of the company’s stock valued at $19,889,000 after purchasing an additional 321,520 shares during the last quarter. 52.35% of the stock is owned by institutional investors and hedge funds.

Campbell’s Stock Up 1.1%

Shares of NASDAQ:CPB opened at $31.95 on Friday. The company has a debt-to-equity ratio of 1.56, a quick ratio of 0.28 and a current ratio of 0.77. The company has a market cap of $9.52 billion, a PE ratio of 15.98, a price-to-earnings-growth ratio of 10.98 and a beta of 0.02. The Campbell’s Company has a 52 week low of $29.39 and a 52 week high of $49.11. The firm has a 50 day simple moving average of $32.61 and a 200 day simple moving average of $34.04.

Campbell’s (NASDAQ:CPB) last issued its quarterly earnings results on Wednesday, September 3rd. The company reported $0.62 EPS for the quarter, beating the consensus estimate of $0.57 by $0.05. The business had revenue of $2.32 billion during the quarter, compared to the consensus estimate of $2.33 billion. Campbell’s had a net margin of 5.87% and a return on equity of 22.95%. The firm’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. As a group, research analysts expect that The Campbell’s Company will post 3.15 earnings per share for the current year.

Campbell’s Announces Dividend

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

Analysts Set New Price Targets

Several research firms recently commented on CPB. JPMorgan Chase & Co. began coverage on shares of Campbell’s in a research note on Wednesday, August 20th. They set a “neutral” rating and a $33.00 target price for the company. Morgan Stanley increased their target price on shares of Campbell’s from $32.00 to $33.00 and gave the company an “equal weight” rating in a research note on Friday, September 5th. Sanford C. Bernstein increased their target price on shares of Campbell’s from $38.00 to $39.00 and gave the company an “outperform” rating in a research note on Thursday, September 4th. Bank of America increased their target price on shares of Campbell’s from $29.00 to $30.00 and gave the company an “underperform” rating in a research note on Thursday, September 4th. Finally, Argus lowered shares of Campbell’s from a “buy” rating to a “hold” rating in a research note on Friday, June 20th. Three equities research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and five have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average price target of $34.82.

Campbell’s Company 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.