The Campbell’s Company $CPB Shares Purchased by Blue Trust Inc.

Blue Trust Inc. boosted its holdings in The Campbell’s Company (NASDAQ:CPB) by 1.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 46,240 shares of the company’s stock after acquiring an additional 578 shares during the quarter. Blue Trust Inc.’s holdings in Campbell’s were worth $1,417,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the business. Ameritas Advisory Services LLC acquired a new position in shares of Campbell’s during the 2nd quarter valued at $25,000. Manchester Capital Management LLC increased its position in shares of Campbell’s by 923.2% during the 1st quarter. Manchester Capital Management LLC now owns 706 shares of the company’s stock valued at $28,000 after purchasing an additional 637 shares during the period. ORG Partners LLC increased its position in shares of Campbell’s by 77.3% during the 2nd quarter. ORG Partners LLC now owns 906 shares of the company’s stock valued at $29,000 after purchasing an additional 395 shares during the period. NBC Securities Inc. acquired a new position in shares of Campbell’s during the 1st quarter valued at $31,000. Finally, Geneos Wealth Management Inc. increased its position in shares of 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 during the period. 52.35% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Argus cut Campbell’s from a “buy” rating to a “hold” rating in a research report on Friday, June 20th. TD Cowen lifted their price target on Campbell’s from $29.00 to $31.00 and gave the company a “hold” rating in a research report on Thursday, September 4th. Stifel Nicolaus reduced their price objective on Campbell’s from $38.00 to $34.00 and set a “hold” rating for the company in a research note on Tuesday, July 29th. Zacks Research raised Campbell’s from a “strong sell” rating to a “hold” rating in a research note on Monday, October 6th. Finally, Morgan Stanley raised their price objective on Campbell’s from $32.00 to $33.00 and gave the stock an “equal weight” rating in a research note on Friday, September 5th. Three investment analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and five have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and an average price target of $34.82.

Campbell’s Stock Performance

Shares of Campbell’s stock opened at $30.39 on Friday. The stock has a market cap of $9.05 billion, a PE ratio of 15.20, a price-to-earnings-growth ratio of 10.39 and a beta of 0.02. The business has a fifty day simple moving average of $32.45 and a 200-day simple moving average of $33.78. The company has a quick ratio of 0.28, a current ratio of 0.77 and a debt-to-equity ratio of 1.56. The Campbell’s Company has a 12 month low of $29.39 and a 12 month high of $49.11.

Campbell’s (NASDAQ:CPB) last issued its earnings results on Wednesday, September 3rd. The company reported $0.62 EPS for the quarter, topping the consensus estimate of $0.57 by $0.05. The business had revenue of $2.32 billion during the quarter, compared to analysts’ expectations of $2.33 billion. Campbell’s had a return on equity of 22.95% and a net margin of 5.87%.Campbell’s’s revenue was up 1.2% compared to the same quarter last year. During the same quarter last year, the firm posted $3.08 earnings per share. Campbell’s has set its FY 2026 guidance at 2.400-2.550 EPS. On average, sell-side analysts anticipate that The Campbell’s Company will post 3.15 EPS for the current fiscal year.

Campbell’s Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 3rd. Stockholders of record on Thursday, October 2nd will be given a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 5.1%. The ex-dividend date of this dividend is Thursday, October 2nd. Campbell’s’s dividend payout ratio (DPR) is 78.00%.

Campbell’s Profile

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.