The Campbell’s Company $CPB Shares Sold by SPC Financial Inc.

SPC Financial Inc. trimmed its holdings in shares of The Campbell’s Company (NASDAQ:CPBFree Report) by 4.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 13,125 shares of the company’s stock after selling 550 shares during the period. SPC Financial Inc.’s holdings in Campbell’s were worth $402,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of CPB. Ameritas Advisory Services LLC acquired a new position in shares of Campbell’s during the second quarter valued at $25,000. Manchester Capital Management LLC increased its holdings in shares of Campbell’s by 923.2% during the first 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 holdings in shares of Campbell’s by 77.3% during the second 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. Geneos Wealth Management Inc. increased its holdings in shares of Campbell’s by 333.3% during the first 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. Finally, Banque Cantonale Vaudoise acquired a new position in shares of Campbell’s during the first quarter valued at $47,000. 52.35% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on CPB. UBS Group lowered their price target on Campbell’s from $33.00 to $30.00 and set a “sell” rating on the stock in a report on Friday, August 29th. JPMorgan Chase & Co. assumed coverage on Campbell’s in a report on Wednesday, August 20th. They set a “neutral” rating and a $33.00 price target on the stock. Argus cut shares of Campbell’s from a “buy” rating to a “hold” rating in a research report on Friday, June 20th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Campbell’s in a research report on Wednesday, October 8th. Finally, Morgan Stanley boosted their price target on shares of Campbell’s from $32.00 to $33.00 and gave the stock an “equal weight” rating in a research report on Friday, September 5th. Three equities research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and five have issued a Sell rating to the company’s stock. According to data from MarketBeat, Campbell’s presently has a consensus rating of “Reduce” and a consensus target price of $34.82.

Check Out Our Latest Stock Report on Campbell’s

Campbell’s Trading Up 1.7%

Shares of CPB opened at $30.39 on Monday. The business’s 50-day moving average price is $32.45 and its 200 day moving average price is $33.70. The stock has a market capitalization of $9.05 billion, a P/E ratio of 15.20, a P/E/G ratio of 10.56 and a beta of 0.02. The Campbell’s Company has a 1-year low of $29.39 and a 1-year high of $49.11. The company has a current ratio of 0.77, a quick ratio of 0.28 and a debt-to-equity ratio of 1.56.

Campbell’s (NASDAQ:CPBGet Free Report) last issued its quarterly earnings results on Wednesday, September 3rd. The company reported $0.62 earnings per share for the quarter, topping analysts’ consensus estimates of $0.57 by $0.05. The firm had revenue of $2.32 billion for 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% on a year-over-year basis. During the same quarter last year, the business posted $3.08 EPS. Campbell’s has set its FY 2026 guidance at 2.400-2.550 EPS. Analysts expect that The Campbell’s Company will post 3.15 earnings per share for the current year.

Campbell’s Dividend Announcement

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

About Campbell’s

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Campbell's (NASDAQ:CPB)

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