PFG Investments LLC Has $983,000 Stake in The Campbell’s Company $CPB

PFG Investments LLC grew its stake in The Campbell’s Company (NASDAQ:CPBFree Report) by 271.0% in the third quarter, Holdings Channel.com reports. The institutional investor owned 31,134 shares of the company’s stock after buying an additional 22,742 shares during the quarter. PFG Investments LLC’s holdings in Campbell’s were worth $983,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Ameritas Advisory Services LLC acquired a new stake in Campbell’s in the 2nd quarter worth approximately $25,000. ORG Partners LLC grew its holdings in Campbell’s by 77.3% during the second quarter. ORG Partners LLC now owns 906 shares of the company’s stock valued at $29,000 after purchasing an additional 395 shares during the last quarter. SBI Securities Co. Ltd. raised its position in shares of Campbell’s by 66.8% in the second quarter. SBI Securities Co. Ltd. now owns 961 shares of the company’s stock valued at $29,000 after purchasing an additional 385 shares during the period. Geneos Wealth Management Inc. lifted its stake in shares of Campbell’s by 333.3% in the first quarter. Geneos Wealth Management Inc. now owns 975 shares of the company’s stock worth $39,000 after buying an additional 750 shares during the last quarter. Finally, Parvin Asset Management LLC bought a new stake in shares of Campbell’s during the 2nd quarter worth $35,000. Institutional investors and hedge funds own 52.35% of the company’s stock.

Insiders Place Their Bets

In other news, EVP Charles A. Brawley III sold 11,550 shares of Campbell’s stock in a transaction dated Tuesday, December 30th. The shares were sold at an average price of $28.14, for a total transaction of $325,017.00. Following the sale, the executive vice president directly owned 43,777 shares in the company, valued at approximately $1,231,884.78. The trade was a 20.88% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Anthony Sanzio sold 2,700 shares of the company’s stock in a transaction dated Friday, January 9th. The shares were sold at an average price of $26.51, for a total transaction of $71,577.00. Following the completion of the sale, the executive vice president directly owned 25,264 shares in the company, valued at approximately $669,748.64. The trade was a 9.66% decrease in their position. The SEC filing for this sale provides additional information. 19.78% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. Sanford C. Bernstein lowered their target price on shares of Campbell’s from $39.00 to $33.00 and set an “outperform” rating on the stock in a research note on Wednesday, December 10th. UBS Group decreased their price target on shares of Campbell’s from $28.00 to $26.00 and set a “sell” rating for the company in a report on Wednesday, December 10th. Stephens dropped their price objective on Campbell’s from $40.00 to $38.00 and set an “overweight” rating on the stock in a research note on Monday, December 8th. Stifel Nicolaus set a $30.00 target price on Campbell’s and gave the company a “hold” rating in a research note on Tuesday, December 9th. Finally, Weiss Ratings lowered Campbell’s from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, January 5th. Three investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and six have issued a Sell rating to the stock. According to data from MarketBeat.com, Campbell’s has an average rating of “Reduce” and a consensus price target of $32.29.

View Our Latest Stock Report on Campbell’s

Campbell’s Stock Up 0.9%

CPB stock opened at $26.79 on Monday. The Campbell’s Company has a twelve month low of $25.62 and a twelve month high of $43.85. The company has a quick ratio of 0.34, a current ratio of 0.82 and a debt-to-equity ratio of 1.54. The company has a market cap of $7.99 billion, a PE ratio of 13.88, a price-to-earnings-growth ratio of 9.41 and a beta of -0.04. The business’s 50-day simple moving average is $28.41 and its 200 day simple moving average is $30.62.

Campbell’s (NASDAQ:CPBGet Free Report) last posted its quarterly earnings results on Tuesday, December 9th. The company reported $0.77 EPS for the quarter, beating the consensus estimate of $0.73 by $0.04. Campbell’s had a return on equity of 21.84% and a net margin of 5.69%.The firm had revenue of $2.68 billion during the quarter. The firm’s revenue for the quarter was down 3.4% on a year-over-year basis. Campbell’s has set its FY 2026 guidance at 2.400-2.550 EPS. On average, research analysts anticipate that The Campbell’s Company will post 3.15 earnings per share for the current year.

Campbell’s Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, February 2nd. Investors of record on Thursday, January 8th will be given a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 5.8%. The ex-dividend date of this dividend is Thursday, January 8th. Campbell’s’s dividend payout ratio (DPR) is 80.83%.

Campbell’s Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding CPB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Campbell’s Company (NASDAQ:CPBFree Report).

Institutional Ownership by Quarter for Campbell's (NASDAQ:CPB)

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