The Campbell’s Company (CPB) to Issue Quarterly Dividend of $0.39 on August 3rd

The Campbell’s Company (NASDAQ:CPB) declared a quarterly dividend on Wednesday, May 13th. Shareholders of record on Thursday, July 2nd will be paid a dividend of 0.39 per share on Monday, August 3rd. This represents a c) dividend on an annualized basis and a yield of 7.8%. The ex-dividend date is Thursday, July 2nd.

Campbell’s has raised its dividend by an average of 0.0%per year over the last three years.

Campbell’s Price Performance

Shares of Campbell’s stock opened at $20.12 on Friday. The company has a debt-to-equity ratio of 1.66, a current ratio of 1.01 and a quick ratio of 0.51. The business’s 50 day simple moving average is $21.49 and its two-hundred day simple moving average is $26.08. The stock has a market capitalization of $6.00 billion, a P/E ratio of 10.99 and a beta of 0.01. Campbell’s has a one year low of $19.76 and a one year high of $36.03.

Campbell’s (NASDAQ:CPB) last issued its quarterly earnings data on Wednesday, March 11th. The company reported $0.51 earnings per share for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.06). Campbell’s had a return on equity of 19.96% and a net margin of 5.48%.The business had revenue of $2.56 billion during the quarter. During the same quarter in the prior year, the company posted $0.74 EPS. The business’s revenue was down 4.5% on a year-over-year basis. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. Analysts forecast that Campbell’s will post 2.19 EPS for the current year.

Analyst Upgrades and Downgrades

CPB has been the subject of several research reports. Royal Bank Of Canada decreased their price objective on shares of Campbell’s from $30.00 to $26.00 and set a “sector perform” rating for the company in a report on Thursday, March 12th. Barclays reduced their price target on shares of Campbell’s from $23.00 to $21.00 and set an “underweight” rating on the stock in a research report on Tuesday, April 14th. Bank of America cut their price objective 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. Stifel Nicolaus cut their price objective 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, DA Davidson reaffirmed a “neutral” rating and set a $30.00 price objective on shares of Campbell’s in a research report on Thursday, March 12th. One research analyst has rated the stock with a Buy rating, fourteen have assigned a Hold rating and seven have given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus target price of $26.06.

Campbell’s Company 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.