Jefferies Financial Group Inc. Purchases New Holdings in The Campbell’s Company $CPB

Jefferies Financial Group Inc. purchased a new stake in The Campbell’s Company (NASDAQ:CPB) in the 4th quarter, HoldingsChannel reports. The fund purchased 40,521 shares of the company’s stock, valued at approximately $1,129,000.

Several other hedge funds have also made changes to their positions in the company. State Street Corp increased its stake in Campbell’s by 1.3% in the 2nd quarter. State Street Corp now owns 11,960,359 shares of the company’s stock valued at $366,585,000 after buying an additional 149,679 shares during the period. Invesco Ltd. increased its stake in shares of Campbell’s by 42.6% during the 3rd quarter. Invesco Ltd. now owns 7,995,733 shares of the company’s stock worth $252,505,000 after purchasing an additional 2,387,575 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Campbell’s by 16.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 6,546,957 shares of the company’s stock worth $206,738,000 after purchasing an additional 928,843 shares during the last quarter. Two Sigma Investments LP grew its stake 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 valued at $155,916,000 after buying an additional 4,159,398 shares during the last quarter. Finally, UBS Group AG lifted its position in shares of Campbell’s by 175.7% during the 3rd quarter. UBS Group AG now owns 3,730,947 shares of the company’s stock worth $117,823,000 after purchasing an additional 2,377,488 shares during the last quarter. Hedge funds and other institutional investors own 52.35% of the company’s stock.

Analyst Ratings Changes

CPB has been the topic of several research reports. BNP Paribas Exane dropped their price objective on shares of Campbell’s from $22.00 to $19.00 and set an “underperform” rating on the stock in a report on Thursday, April 9th. Bank of America lowered their price objective on Campbell’s from $26.00 to $23.00 and set an “underperform” rating on the stock in a research note on Thursday, March 12th. Jefferies Financial Group reiterated a “hold” rating and issued a $26.00 price objective on shares of Campbell’s in a research note on Monday, March 2nd. Zacks Research upgraded Campbell’s from a “strong sell” rating to a “hold” rating in a research note on Tuesday, May 12th. Finally, UBS Group lowered their price objective on Campbell’s from $24.00 to $20.00 and set a “sell” rating on the stock in a research note on Friday, March 13th. One research analyst has rated the stock with a Buy rating, thirteen have issued a Hold rating and seven have assigned a Sell rating to the stock. According to data from MarketBeat.com, Campbell’s presently has a consensus rating of “Reduce” and a consensus target price of $24.59.

Campbell’s Trading Up 1.5%

Shares of NASDAQ CPB opened at $20.80 on Friday. The company’s 50 day simple moving average is $20.85 and its 200 day simple moving average is $25.37. The Campbell’s Company has a fifty-two week low of $19.56 and a fifty-two week high of $35.00. The firm has a market capitalization of $6.20 billion, a P/E ratio of 11.37 and a beta of 0.01. The company has a debt-to-equity ratio of 1.66, a current ratio of 1.01 and a quick ratio of 0.51.

Campbell’s (NASDAQ:CPB) last issued its earnings results on Wednesday, March 11th. The company reported $0.51 EPS for the quarter, missing the consensus estimate of $0.57 by ($0.06). The firm 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%. The business’s quarterly revenue was down 4.5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.74 earnings per share. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. On average, analysts predict that The Campbell’s Company will post 2.18 EPS for the current year.

Campbell’s Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 3rd. Stockholders of record on Thursday, July 2nd will be given a dividend of $0.39 per share. The ex-dividend date of this dividend is Thursday, July 2nd. This represents a $1.56 annualized dividend and a dividend yield of 7.5%. Campbell’s’s dividend payout ratio is currently 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.