The Campbell’s Company (NASDAQ:CPB) Declares Quarterly Dividend of $0.39

The Campbell’s Company (NASDAQ:CPB) announced a quarterly dividend on Wednesday, September 17th, RTT News reports. Investors of record on Thursday, October 2nd will be given a dividend of 0.39 per share on Monday, November 3rd. This represents a c) annualized dividend and a dividend yield of 4.6%. The ex-dividend date is Thursday, October 2nd.

Campbell’s Trading Up 1.9%

NASDAQ CPB opened at $33.57 on Friday. The company has a quick ratio of 0.33, a current ratio of 0.77 and a debt-to-equity ratio of 1.56. Campbell’s has a twelve month low of $29.39 and a twelve month high of $51.74. The firm has a market capitalization of $10.01 billion, a PE ratio of 16.79, a P/E/G ratio of 11.44 and a beta of 0.05. The stock’s 50 day moving average is $32.43 and its 200 day moving average is $34.59.

Campbell’s (NASDAQ:CPB) last released its quarterly earnings results on Wednesday, September 3rd. The company reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.57 by $0.05. Campbell’s had a return on equity of 22.95% and a net margin of 5.87%.The company had revenue of $2.32 billion for the quarter, compared to analyst estimates of $2.33 billion. During the same period in the previous year, the company posted $3.08 earnings per share. The firm’s revenue was up 1.2% on a year-over-year basis. Campbell’s has set its FY 2026 guidance at 2.400-2.550 EPS. Research analysts forecast that Campbell’s will post 3.15 earnings per share for the current fiscal year.

Institutional Trading of Campbell’s

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its holdings in Campbell’s by 2.1% during the first quarter. Vanguard Group Inc. now owns 24,120,172 shares of the company’s stock valued at $962,877,000 after buying an additional 494,567 shares during the last quarter. State Street Corp increased its holdings in Campbell’s by 1.3% during the second 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 last quarter. Invesco Ltd. increased its holdings in Campbell’s by 12.9% during the second quarter. Invesco Ltd. now owns 5,608,158 shares of the company’s stock valued at $171,890,000 after buying an additional 642,490 shares during the last quarter. Geode Capital Management LLC increased its position in Campbell’s by 2.2% in the second quarter. Geode Capital Management LLC now owns 5,576,573 shares of the company’s stock worth $170,279,000 after buying an additional 121,777 shares in the last quarter. Finally, LSV Asset Management increased its position in Campbell’s by 1.8% in the second quarter. LSV Asset Management now owns 3,941,400 shares of the company’s stock worth $120,804,000 after buying an additional 71,200 shares in the last quarter. 52.35% of the stock is owned by hedge funds and other institutional investors.

About Campbell’s

The Campbell’s Company, formerly known as 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.