Dimensional Fund Advisors LP Boosts Stake in The Campbell’s Company $CPB

Dimensional Fund Advisors LP grew its position in shares of The Campbell’s Company (NASDAQ:CPB) by 23.3% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,239,231 shares of the company’s stock after buying an additional 1,933,814 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Campbell’s were worth $228,026,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Ashton Thomas Private Wealth LLC acquired a new position in Campbell’s during the fourth quarter valued at $1,596,000. Hsbc Holdings PLC grew its position in Campbell’s by 644.9% during the 1st quarter. Hsbc Holdings PLC now owns 1,864,119 shares of the company’s stock worth $41,319,000 after purchasing an additional 1,613,873 shares during the period. Fluent Financial LLC acquired a new stake in Campbell’s during the 4th quarter worth about $6,173,000. Cerity Partners LLC raised its stake in shares of Campbell’s by 190.3% during the 4th quarter. Cerity Partners LLC now owns 2,680,839 shares of the company’s stock valued at $74,715,000 after buying an additional 1,757,264 shares during the last quarter. Finally, AE Wealth Management LLC raised its stake in shares of Campbell’s by 2,690.1% during the 4th quarter. AE Wealth Management LLC now owns 807,341 shares of the company’s stock valued at $22,501,000 after buying an additional 778,405 shares during the last quarter. Hedge funds and other institutional investors own 52.35% of the company’s stock.

Campbell’s Trading Down 2.1%

CPB stock opened at $21.41 on Friday. The Campbell’s Company has a 52-week low of $19.56 and a 52-week high of $34.17. The company has a quick ratio of 0.38, a current ratio of 0.87 and a debt-to-equity ratio of 1.53. The firm has a market cap of $6.38 billion, a P/E ratio of 10.60 and a beta of 0.02. The company’s 50-day simple moving average is $21.68 and its 200-day simple moving average is $23.27.

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

Campbell’s Dividend Announcement

The firm also recently disclosed 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 7.3%. The ex-dividend date of this dividend is Thursday, July 2nd. Campbell’s’s dividend payout ratio (DPR) is presently 77.23%.

Wall Street Analysts Forecast Growth

CPB has been the topic of a number of recent research reports. Barclays lowered their target price on Campbell’s from $21.00 to $19.00 and set an “underweight” rating on the stock in a research note on Monday, June 8th. Deutsche Bank Aktiengesellschaft decreased their price target on Campbell’s from $23.00 to $20.00 and set a “hold” rating for the company in a report on Monday, March 30th. Zacks Research lowered Campbell’s from a “hold” rating to a “strong sell” rating in a research report on Wednesday, June 10th. Morgan Stanley dropped their price objective on shares of Campbell’s from $23.00 to $21.00 and set an “equal weight” rating on the stock in a research note on Friday, June 5th. Finally, 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 report on Thursday, April 9th. Twelve analysts have rated the stock with a Hold rating and eight have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Campbell’s presently has an average rating of “Reduce” and a consensus target price of $22.00.

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.