Hillman Capital Management Inc. Sells 32,350 Shares of The Campbell’s Company $CPB

Hillman Capital Management Inc. lowered its position in shares of The Campbell’s Company (NASDAQ:CPB) by 18.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 140,684 shares of the company’s stock after selling 32,350 shares during the quarter. Campbell’s comprises 2.5% of Hillman Capital Management Inc.’s investment portfolio, making the stock its 19th biggest holding. Hillman Capital Management Inc.’s holdings in Campbell’s were worth $3,921,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Ashton Thomas Private Wealth LLC bought a new stake in Campbell’s during the fourth quarter valued at $1,596,000. Natixis Advisors LLC bought a new stake in Campbell’s during the third quarter valued at $12,992,000. Tounjian Advisory Partners LLC bought a new stake in Campbell’s during the fourth quarter valued at $2,137,000. Fluent Financial LLC bought a new stake in Campbell’s during the fourth quarter valued at $6,173,000. Finally, JPMorgan Chase & Co. boosted its position in Campbell’s by 51.5% during the third quarter. JPMorgan Chase & Co. now owns 1,547,831 shares of the company’s stock valued at $48,881,000 after acquiring an additional 526,276 shares during the last quarter. Institutional investors own 52.35% of the company’s stock.

Campbell’s Trading Down 2.4%

CPB opened at $21.77 on Wednesday. The company has a debt-to-equity ratio of 1.53, a current ratio of 0.87 and a quick ratio of 0.38. The Campbell’s Company has a fifty-two week low of $19.56 and a fifty-two week high of $34.17. The firm has a market capitalization of $6.49 billion, a PE ratio of 10.78 and a beta of 0.02. The company’s 50-day moving average is $20.93 and its 200 day moving average is $24.53.

Campbell’s (NASDAQ:CPB) last posted its earnings results on Monday, June 8th. The company reported $0.50 earnings per share for the quarter, topping analysts’ consensus estimates of $0.48 by $0.02. Campbell’s had a net margin of 6.12% and a return on equity of 18.04%. The company had revenue of $2.37 billion for the quarter. During the same quarter in the prior year, the company earned $0.22 EPS. The company’s revenue was down 4.4% on a year-over-year basis. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. As a group, research analysts predict that The Campbell’s Company will post 2.18 earnings per share for the current fiscal year.

Campbell’s Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 3rd. Shareholders of record on Thursday, July 2nd will be given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 7.2%. The ex-dividend date of this dividend is Thursday, July 2nd. Campbell’s’s dividend payout ratio is presently 77.23%.

Analyst Upgrades and Downgrades

CPB has been the topic of several research reports. DA Davidson dropped their price objective on shares of Campbell’s from $30.00 to $20.00 and set a “neutral” rating on the stock in a report on Friday, May 22nd. Wells Fargo & Company lowered shares of Campbell’s from an “equal weight” rating to an “underweight” rating and dropped their price objective for the company from $20.00 to $18.00 in a report on Wednesday, April 8th. TD Cowen dropped their price objective on shares of Campbell’s from $29.00 to $24.00 and set a “hold” rating on the stock in a report on Thursday, March 12th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Campbell’s in a report on Thursday, April 2nd. Finally, Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Campbell’s from $23.00 to $20.00 and set a “hold” rating on the stock in a report on Monday, March 30th. Twelve research analysts have rated the stock with a Hold rating and eight have assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus price target of $21.88.

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.