Deutsche Bank Aktiengesellschaft Cuts Campbell’s (NASDAQ:CPB) Price Target to $20.00

Campbell’s (NASDAQ:CPB) had its price objective decreased by Deutsche Bank Aktiengesellschaft from $23.00 to $20.00 in a research report sent to investors on Monday morning,Benzinga reports. Deutsche Bank Aktiengesellschaft currently has a hold rating on the stock.

Other analysts have also recently issued reports about the stock. UBS Group reduced their target price on shares of Campbell’s from $24.00 to $20.00 and set a “sell” rating for the company in a report on Friday, March 13th. Wells Fargo & Company downgraded Campbell’s from an “equal weight” rating to an “underweight” rating and cut their price objective for the company from $28.00 to $20.00 in a research report on Thursday, March 12th. Sanford C. Bernstein reduced their price objective on Campbell’s from $33.00 to $27.00 and set an “outperform” rating for the company in a research note on Thursday, March 12th. TD Cowen decreased their target price on Campbell’s from $29.00 to $24.00 and set a “hold” rating on the stock in a report on Thursday, March 12th. Finally, Bank of America cut their target price 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. Two equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and seven have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Reduce” and an average target price of $27.47.

Campbell’s Price Performance

Shares of Campbell’s stock opened at $22.38 on Monday. Campbell’s has a 52 week low of $20.62 and a 52 week high of $40.44. The company has a current ratio of 1.01, a quick ratio of 0.51 and a debt-to-equity ratio of 1.66. The stock has a market cap of $6.67 billion, a PE ratio of 12.23 and a beta of 0.03. The company’s 50-day moving average price is $25.45 and its two-hundred day moving average price is $28.31.

Campbell’s (NASDAQ:CPB) last posted its quarterly earnings data on Wednesday, March 11th. The company reported $0.51 earnings per share for the quarter, missing the consensus estimate of $0.57 by ($0.06). The business had revenue of $2.56 billion for the quarter. Campbell’s had a net margin of 5.48% and a return on equity of 19.96%. The company’s quarterly revenue was down 4.5% on a year-over-year basis. During the same period last year, the business posted $0.74 EPS. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. As a group, sell-side analysts anticipate that Campbell’s will post 3.15 EPS for the current fiscal year.

Campbell’s Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, May 4th. Stockholders of record on Thursday, April 2nd will be issued a dividend of $0.39 per share. The ex-dividend date is Thursday, April 2nd. This represents a $1.56 dividend on an annualized basis and a dividend yield of 7.0%. Campbell’s’s payout ratio is currently 85.25%.

Insider Transactions at Campbell’s

In related news, EVP Anthony Sanzio sold 2,700 shares of the stock in a transaction dated Friday, January 9th. The stock was sold at an average price of $26.51, for a total value of $71,577.00. Following the completion of the sale, the executive vice president directly owned 25,264 shares of the company’s stock, valued at approximately $669,748.64. This represents a 9.66% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 19.78% of the company’s stock.

Institutional Trading of Campbell’s

Several institutional investors have recently made changes to their positions in the stock. Two Sigma Investments LP lifted its position in Campbell’s by 534.8% in the 3rd 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 in the last quarter. Brandywine Managers LLC purchased a new position in shares of Campbell’s during the 4th quarter valued at $92,793,000. Massachusetts Financial Services Co. MA purchased a new position in shares of Campbell’s during the 3rd quarter valued at $77,940,000. Invesco Ltd. increased its stake in shares of Campbell’s by 42.6% in the third quarter. Invesco Ltd. now owns 7,995,733 shares of the company’s stock worth $252,505,000 after acquiring an additional 2,387,575 shares during the last quarter. Finally, UBS Group AG raised its holdings in shares of Campbell’s by 175.7% during the third quarter. UBS Group AG now owns 3,730,947 shares of the company’s stock worth $117,823,000 after acquiring an additional 2,377,488 shares in the last quarter. 52.35% of the stock is currently owned by institutional investors and hedge funds.

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.