190,505 Shares in The Campbell’s Company $CPB Acquired by Employees Provident Fund Board

Employees Provident Fund Board acquired a new position in The Campbell’s Company (NASDAQ:CPB) during the 4th quarter, according to its most recent filing with the SEC. The fund acquired 190,505 shares of the company’s stock, valued at approximately $5,309,000.

Other large investors have also made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Campbell’s by 3.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,472 shares of the company’s stock worth $777,000 after purchasing an additional 685 shares during the period. Goldman Sachs Group Inc. raised its position in Campbell’s by 4.3% in the first quarter. Goldman Sachs Group Inc. now owns 660,543 shares of the company’s stock valued at $26,369,000 after purchasing an additional 27,374 shares during the period. Empowered Funds LLC purchased a new stake in shares of Campbell’s during the first quarter valued at approximately $446,000. Woodline Partners LP lifted its holdings in Campbell’s by 40.9% in the 1st quarter. Woodline Partners LP now owns 16,623 shares of the company’s stock worth $664,000 after buying an additional 4,827 shares in the last quarter. Finally, Geneos Wealth Management Inc. grew its stake in Campbell’s by 333.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 975 shares of the company’s stock valued at $39,000 after purchasing an additional 750 shares in the last quarter. Institutional investors and hedge funds own 52.35% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on CPB shares. BNP Paribas Exane reduced their price target on shares of Campbell’s from $22.00 to $19.00 and set an “underperform” rating on the stock in a research report on Thursday, April 9th. DA Davidson lowered their target price on Campbell’s from $30.00 to $20.00 and set a “neutral” rating on the stock in a research report on Friday, May 22nd. Wells Fargo & Company lowered shares of Campbell’s from an “equal weight” rating to an “underweight” rating and reduced their price target for the stock from $20.00 to $18.00 in a research note on Wednesday, April 8th. Stifel Nicolaus dropped their price target on shares of Campbell’s from $25.00 to $20.00 and set a “hold” rating on the stock in a research report on Tuesday, April 21st. Finally, Bank of America cut their price objective on Campbell’s from $20.00 to $18.00 and set an “underperform” rating for the company in a research report on Tuesday, June 9th. Eleven 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 currently has a consensus rating of “Reduce” and a consensus price target of $21.88.

Campbell’s Price Performance

NASDAQ CPB opened at $21.15 on Friday. The company has a debt-to-equity ratio of 1.53, a quick ratio of 0.38 and a current ratio of 0.87. The stock has a market capitalization of $6.31 billion, a PE ratio of 10.47 and a beta of 0.02. The stock has a 50-day simple moving average of $20.93 and a 200 day simple moving average of $24.38. The Campbell’s Company has a twelve month low of $19.56 and a twelve month high of $34.17.

Campbell’s (NASDAQ:CPB) last announced its quarterly earnings data on Monday, June 8th. The company reported $0.50 EPS for the quarter, beating 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 business had revenue of $2.37 billion during the quarter. During the same period in the prior year, the company posted $0.22 EPS. The firm’s quarterly 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. Research analysts anticipate that The Campbell’s Company will post 2.18 EPS for the current year.

Campbell’s Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 3rd. Shareholders of record on Thursday, July 2nd will be issued a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 7.4%. The ex-dividend date of this dividend is Thursday, July 2nd. Campbell’s’s payout ratio is 77.23%.

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.