OVERSEA CHINESE BANKING Corp Ltd Has $975,000 Stock Position in The Campbell’s Company $CPB

OVERSEA CHINESE BANKING Corp Ltd trimmed its position in The Campbell’s Company (NASDAQ:CPB) by 65.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 35,000 shares of the company’s stock after selling 65,000 shares during the quarter. OVERSEA CHINESE BANKING Corp Ltd’s holdings in Campbell’s were worth $975,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Hillman Capital Management Inc. lifted its stake in shares of Campbell’s by 83.7% in the third quarter. Hillman Capital Management Inc. now owns 173,034 shares of the company’s stock worth $5,464,000 after buying an additional 78,824 shares during the last quarter. Berkshire Asset Management LLC PA acquired a new stake in shares of Campbell’s in the third quarter worth $1,270,000. Natixis Advisors LLC acquired a new position in Campbell’s during the 3rd quarter valued at $12,992,000. Massachusetts Financial Services Co. MA acquired a new position in Campbell’s during the 3rd quarter valued at $77,940,000. Finally, Tounjian Advisory Partners LLC acquired a new position in Campbell’s during the 4th quarter valued at $2,137,000. 52.35% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Sanford C. Bernstein cut their target price on shares of Campbell’s from $33.00 to $27.00 and set an “outperform” rating for the company in a research note on Thursday, March 12th. BNP Paribas Exane cut their target price on shares of Campbell’s from $22.00 to $19.00 and set an “underperform” rating for the company in a research note on Thursday, April 9th. TD Cowen cut their target price on shares of Campbell’s from $29.00 to $24.00 and set a “hold” rating for the company in a research note on Thursday, March 12th. UBS Group cut their target price on shares of Campbell’s from $24.00 to $20.00 and set a “sell” rating for the company in a research note on Friday, March 13th. Finally, Bank of America cut their target price on shares of Campbell’s from $26.00 to $23.00 and set an “underperform” rating for the company in a research note on Thursday, March 12th. Two investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and eight 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 an average price target of $26.50.

Campbell’s Trading Down 0.4%

Shares of Campbell’s stock opened at $20.82 on Thursday. The firm has a market capitalization of $6.21 billion, a PE ratio of 11.38 and a beta of 0.03. 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 company’s fifty day moving average price is $23.39 and its two-hundred day moving average price is $27.09. The Campbell’s Company has a 52-week low of $19.76 and a 52-week high of $37.87.

Campbell’s (NASDAQ:CPB) last announced its quarterly earnings results on Wednesday, March 11th. The company reported $0.51 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.57 by ($0.06). The business had revenue of $2.56 billion during the quarter. Campbell’s had a net margin of 5.48% and a return on equity of 19.96%. Campbell’s’s revenue for the quarter was down 4.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.74 earnings per share. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. On average, analysts expect that The Campbell’s Company will post 2.2 EPS for the current year.

Campbell’s Dividend Announcement

The firm also recently declared 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 annualized dividend and a yield of 7.5%. The ex-dividend date of this dividend is Thursday, April 2nd. Campbell’s’s payout ratio is 85.25%.

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.