Campbell Soup (NASDAQ:CPB) Shares Acquired Rep. Robert Bresnahan, Jr.

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently bought shares of The Campbell Soup Company (NASDAQ:CPB). In a filing disclosed on March 27th, the Representative disclosed that they had bought between $1,001 and $15,000 in Campbell Soup stock on February 25th. The trade occurred in the Representative’s “JP MORGAN BROKERAGE ACCOUNT” account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Intuit (NASDAQ:INTU) on 3/7/2025.
• Sold $1,001 – $15,000 in shares of Tesla (NASDAQ:TSLA) on 3/6/2025.
• Purchased $1,001 – $15,000 in shares of SEA (NYSE:SE) on 3/5/2025.
• Sold $1,001 – $15,000 in shares of Credo Technology Group (NASDAQ:CRDO) on 3/4/2025.
• Purchased $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 3/4/2025.
• Purchased $1,001 – $15,000 in shares of Twilio (NYSE:TWLO) on 3/4/2025.
• Sold $15,001 – $50,000 in shares of Alibaba Group (NYSE:BABA) on 3/4/2025.
• Purchased $1,001 – $15,000 in shares of Zoom Video Communications (NASDAQ:ZM) on 3/4/2025.
• Purchased $1,001 – $15,000 in shares of Intel (NASDAQ:INTC) on 3/3/2025.
• Purchased $1,001 – $15,000 in shares of Snowflake (NYSE:SNOW) on 3/3/2025.

Campbell Soup Trading Up 0.4 %

NASDAQ CPB traded up $0.14 during trading on Friday, hitting $39.72. 2,014,581 shares of the company’s stock traded hands, compared to its average volume of 2,705,660. The firm has a market cap of $11.84 billion, a P/E ratio of 21.70, a PEG ratio of 2.71 and a beta of 0.15. The Campbell Soup Company has a 12-month low of $36.92 and a 12-month high of $52.81. The company has a debt-to-equity ratio of 1.74, a current ratio of 0.91 and a quick ratio of 0.50. The stock has a fifty day moving average of $39.08 and a two-hundred day moving average of $43.03.

Campbell Soup (NASDAQ:CPB) last issued its quarterly earnings data on Wednesday, March 5th. The company reported $0.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.73 by $0.01. Campbell Soup had a net margin of 5.57% and a return on equity of 23.79%. The firm had revenue of $2.69 billion during the quarter, compared to the consensus estimate of $2.74 billion. The business’s revenue was up 9.3% on a year-over-year basis. As a group, sell-side analysts expect that The Campbell Soup Company will post 3.15 EPS for the current year.

Campbell Soup Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 28th. Stockholders of record on Thursday, April 3rd will be given a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 3.93%. The ex-dividend date of this dividend is Thursday, April 3rd. Campbell Soup’s dividend payout ratio (DPR) is currently 90.17%.

Insiders Place Their Bets

In other Campbell Soup news, EVP Anthony Sanzio sold 2,000 shares of the company’s stock in a transaction that occurred on Friday, January 3rd. The stock was sold at an average price of $41.90, for a total transaction of $83,800.00. Following the sale, the executive vice president now directly owns 16,551 shares in the company, valued at $693,486.90. This represents a 10.78 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 20.19% of the company’s stock.

Institutional Investors Weigh In On Campbell Soup

A number of institutional investors have recently made changes to their positions in the stock. Ballentine Partners LLC increased its holdings in Campbell Soup by 2.8% during the 4th quarter. Ballentine Partners LLC now owns 9,646 shares of the company’s stock worth $404,000 after purchasing an additional 262 shares in the last quarter. Principal Securities Inc. lifted its holdings in shares of Campbell Soup by 45.5% in the fourth quarter. Principal Securities Inc. now owns 927 shares of the company’s stock worth $39,000 after buying an additional 290 shares in the last quarter. SPC Financial Inc. boosted its position in shares of Campbell Soup by 2.3% during the 4th quarter. SPC Financial Inc. now owns 13,575 shares of the company’s stock valued at $569,000 after acquiring an additional 300 shares during the last quarter. Ascent Wealth Partners LLC lifted its stake in Campbell Soup by 1.5% during the fourth quarter. Ascent Wealth Partners LLC now owns 20,176 shares of the company’s stock worth $845,000 after purchasing an additional 306 shares during the last quarter. Finally, DoubleLine ETF Adviser LP grew its holdings in Campbell Soup by 2.8% in the 4th quarter. DoubleLine ETF Adviser LP now owns 11,640 shares of the company’s stock worth $487,000 after acquiring an additional 312 shares during the last quarter. Institutional investors own 52.35% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the company. DA Davidson dropped their price objective on Campbell Soup from $46.00 to $39.00 and set a “neutral” rating on the stock in a research note on Tuesday, March 11th. Citigroup lowered their target price on shares of Campbell Soup from $39.00 to $37.00 and set a “sell” rating for the company in a research note on Thursday, March 6th. Barclays decreased their target price on Campbell Soup from $49.00 to $46.00 and set an “underweight” rating for the company in a report on Friday, December 6th. Wells Fargo & Company decreased their price target on Campbell Soup from $43.00 to $40.00 and set an “equal weight” rating for the company in a report on Thursday, March 6th. Finally, Consumer Edge reiterated an “equal weight” rating on shares of Campbell Soup in a report on Monday, March 17th. Four investment analysts have rated the stock with a sell rating, ten have given a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, Campbell Soup currently has a consensus rating of “Hold” and a consensus price target of $44.86.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania’s 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania’s 8th Congressional District. He declared candidacy for the 2026 election.

Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

Campbell Soup Company Profile

Campbell Soup Company, together with its subsidiaries, manufactures and markets food and beverage products in the United States and internationally. The company operates through Meals & Beverages and Snacks segments. The Meals & Beverages segment engages in the retail and foodservice businesses in the United States and Canada.