Brookstone Capital Management Has $980,000 Stake in The Campbell’s Company $CPB

Brookstone Capital Management boosted its position in The Campbell’s Company (NASDAQ:CPB) by 29.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 31,979 shares of the company’s stock after buying an additional 7,192 shares during the period. Brookstone Capital Management’s holdings in Campbell’s were worth $980,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of CPB. GAMMA Investing LLC lifted its holdings in Campbell’s by 6.6% in the first quarter. GAMMA Investing LLC now owns 8,064 shares of the company’s stock valued at $322,000 after buying an additional 496 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in Campbell’s by 24.3% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 13,366 shares of the company’s stock valued at $534,000 after purchasing an additional 2,614 shares in the last quarter. Cambridge Investment Research Advisors Inc. increased its stake in Campbell’s by 4.5% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 35,634 shares of the company’s stock valued at $1,423,000 after purchasing an additional 1,532 shares in the last quarter. Oppenheimer & Co. Inc. bought a new stake in Campbell’s in the first quarter valued at $254,000. Finally, Golden State Wealth Management LLC increased its stake in Campbell’s by 101.6% in the first quarter. Golden State Wealth Management LLC now owns 3,226 shares of the company’s stock valued at $129,000 after purchasing an additional 1,626 shares in the last quarter. Institutional investors and hedge funds own 52.35% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have weighed in on the stock. Morgan Stanley lifted their price target on shares of Campbell’s from $32.00 to $33.00 and gave the company an “equal weight” rating in a research note on Friday, September 5th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Campbell’s in a research note on Friday. Zacks Research raised shares of Campbell’s from a “strong sell” rating to a “hold” rating in a research note on Monday, October 6th. Cowen reissued a “hold” rating on shares of Campbell’s in a research report on Thursday, September 4th. Finally, UBS Group decreased their target price on shares of Campbell’s from $33.00 to $30.00 and set a “sell” rating for the company in a research report on Friday, August 29th. Three 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 stock. According to data from MarketBeat.com, Campbell’s currently has an average rating of “Reduce” and an average price target of $34.82.

Campbell’s Trading Down 0.4%

Shares of CPB stock opened at $30.93 on Friday. The company has a debt-to-equity ratio of 1.56, a quick ratio of 0.28 and a current ratio of 0.77. The company has a market capitalization of $9.21 billion, a price-to-earnings ratio of 15.47, a PEG ratio of 10.75 and a beta of 0.02. The Campbell’s Company has a 52-week low of $29.39 and a 52-week high of $48.25. The company has a 50-day simple moving average of $32.10 and a two-hundred day simple moving average of $33.18.

Campbell’s (NASDAQ:CPB) last released its earnings results on Wednesday, September 3rd. The company reported $0.62 earnings per share for the quarter, beating 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 net margin of 5.87% and a return on equity of 22.95%. The company’s quarterly revenue was up 1.2% on a year-over-year basis. During the same period in the previous year, the company earned $3.08 earnings per share. Campbell’s has set its FY 2026 guidance at 2.400-2.550 EPS. Research analysts anticipate that The Campbell’s Company will post 3.15 EPS for the current fiscal year.

Campbell’s Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, November 3rd. Shareholders of record on Thursday, October 2nd will be given a dividend of $0.39 per share. The ex-dividend date is Thursday, October 2nd. This represents a $1.56 annualized dividend and a dividend yield of 5.0%. Campbell’s’s dividend payout ratio is currently 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.