Handelsbanken Fonder AB Has $2.40 Million Position in The Campbell’s Company $CPB

Handelsbanken Fonder AB grew its holdings in shares of The Campbell’s Company (NASDAQ:CPB) by 73.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 75,900 shares of the company’s stock after buying an additional 32,200 shares during the quarter. Handelsbanken Fonder AB’s holdings in Campbell’s were worth $2,397,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of CPB. Integrated Advisors Network LLC raised its holdings in Campbell’s by 70.8% during the third quarter. Integrated Advisors Network LLC now owns 13,375 shares of the company’s stock worth $422,000 after acquiring an additional 5,542 shares in the last quarter. US Bancorp DE increased its position in shares of Campbell’s by 5.7% during the 3rd quarter. US Bancorp DE now owns 31,742 shares of the company’s stock worth $1,002,000 after purchasing an additional 1,720 shares during the last quarter. Mufg Securities Americas Inc. raised its stake in shares of Campbell’s by 21.7% during the 3rd quarter. Mufg Securities Americas Inc. now owns 5,307 shares of the company’s stock worth $168,000 after purchasing an additional 946 shares in the last quarter. EverSource Wealth Advisors LLC boosted its holdings in shares of Campbell’s by 214.9% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 3,646 shares of the company’s stock valued at $115,000 after buying an additional 2,488 shares during the last quarter. Finally, Bleakley Financial Group LLC grew its stake in shares of Campbell’s by 153.2% in the third quarter. Bleakley Financial Group LLC now owns 27,892 shares of the company’s stock valued at $881,000 after buying an additional 16,876 shares in the last quarter. Institutional investors own 52.35% of the company’s stock.

Insider Buying and Selling at Campbell’s

In related news, EVP Charles A. Brawley III sold 11,550 shares of the company’s stock in a transaction dated Tuesday, December 30th. The shares were sold at an average price of $28.14, for a total value of $325,017.00. Following the transaction, the executive vice president directly owned 43,777 shares in the company, valued at approximately $1,231,884.78. This represents a 20.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Anthony Sanzio sold 2,700 shares of the firm’s stock in a transaction dated Friday, January 9th. The stock was sold at an average price of $26.51, for a total transaction of $71,577.00. Following the transaction, the executive vice president directly owned 25,264 shares in the company, valued at approximately $669,748.64. This represents a 9.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 19.78% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. Jefferies Financial Group reaffirmed a “hold” rating and set a $26.00 price target on shares of Campbell’s in a research report on Monday. UBS Group dropped their target price on shares of Campbell’s from $28.00 to $26.00 and set a “sell” rating on the stock in a report on Wednesday, December 10th. DA Davidson reiterated a “neutral” rating and set a $30.00 price target on shares of Campbell’s in a report on Thursday, December 11th. Royal Bank Of Canada lowered their price target on Campbell’s from $35.00 to $30.00 and set a “sector perform” rating on the stock in a research report on Wednesday, December 10th. Finally, Sanford C. Bernstein dropped their price objective on Campbell’s from $39.00 to $33.00 and set an “outperform” rating on the stock in a research note on Wednesday, December 10th. Two 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 stock. According to MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus target price of $31.53.

Campbell’s Stock Down 1.0%

Campbell’s stock opened at $26.05 on Wednesday. The company’s 50-day moving average price is $27.39 and its two-hundred day moving average price is $29.81. 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 stock has a market cap of $7.77 billion, a P/E ratio of 13.50, a P/E/G ratio of 9.24 and a beta of -0.03. The Campbell’s Company has a twelve month low of $25.62 and a twelve month high of $43.85.

Campbell’s (NASDAQ:CPB) last issued its quarterly earnings data on Tuesday, December 9th. The company reported $0.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.73 by $0.04. The company had revenue of $2.68 billion during the quarter. Campbell’s had a return on equity of 21.84% and a net margin of 5.69%.The business’s revenue was down 3.4% compared to the same quarter last year. Campbell’s has set its FY 2026 guidance at 2.400-2.550 EPS. As a group, analysts expect that The Campbell’s Company will post 3.15 EPS for the current year.

Campbell’s Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 4th. Shareholders of record on Thursday, April 2nd will be issued a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 6.0%. The ex-dividend date of this dividend is Thursday, April 2nd. Campbell’s’s dividend payout ratio is currently 80.83%.

Campbell’s Profile

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.