The Campbell’s Company (NASDAQ:CPB) Receives $24.59 Average PT from Brokerages

Shares of The Campbell’s Company (NASDAQ:CPB) have received an average rating of “Reduce” from the twenty ratings firms that are currently covering the stock, MarketBeat Ratings reports. Seven investment analysts have rated the stock with a sell rating and thirteen have given a hold rating to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $22.8750.

CPB has been the topic of a number of research analyst reports. Stephens lowered shares of Campbell’s from an “overweight” rating to an “equal weight” rating and lowered their price objective for the company from $28.00 to $21.00 in a research note on Monday. BTIG Research initiated coverage on shares of Campbell’s in a research note on Monday, April 13th. They set a “neutral” rating on the stock. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Campbell’s from $23.00 to $20.00 and set a “hold” rating on the stock in a research note on Monday, March 30th. Stifel Nicolaus lowered their price objective on shares of Campbell’s from $25.00 to $20.00 and set a “hold” rating on the stock in a research note on Tuesday, April 21st. Finally, Wells Fargo & Company lowered shares of Campbell’s from an “equal weight” rating to an “underweight” rating and lowered their price objective for the company from $20.00 to $18.00 in a research note on Wednesday, April 8th.

Campbell’s Price Performance

NASDAQ CPB opened at $20.99 on Friday. Campbell’s has a 12 month low of $19.56 and a 12 month high of $34.66. 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 firm has a market capitalization of $6.26 billion, a PE ratio of 11.47 and a beta of 0.02. The company’s 50 day simple moving average is $20.85 and its 200 day simple moving average is $25.09.

Campbell’s (NASDAQ:CPB) last posted its quarterly earnings data on Wednesday, March 11th. The company reported $0.51 EPS for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.06). Campbell’s had a net margin of 5.48% and a return on equity of 19.96%. The company had revenue of $2.56 billion for the quarter. During the same quarter in the previous year, the company earned $0.74 EPS. Campbell’s’s revenue for the quarter was down 4.5% on a year-over-year basis. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. As a group, equities research analysts forecast that Campbell’s will post 2.18 EPS for the current fiscal year.

Campbell’s Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 3rd. Investors of record on Thursday, July 2nd will be paid a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 7.4%. The ex-dividend date is Thursday, July 2nd. Campbell’s’s dividend payout ratio (DPR) is currently 85.25%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. State Street Corp grew its position in Campbell’s by 1.3% in the second 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 last quarter. Dimensional Fund Advisors LP grew its position in Campbell’s by 23.3% in the first 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 last quarter. Invesco Ltd. grew its position in Campbell’s by 21.6% in the fourth 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 last quarter. Two Sigma Investments LP grew its position in Campbell’s by 534.8% in the third 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 last quarter. Finally, UBS Group AG grew its position in Campbell’s by 175.7% in the third 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 last quarter. Institutional investors and hedge funds 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.