Fjarde AP Fonden Fourth Swedish National Pension Fund Boosts Stake in The Campbell’s Company $CPB

Fjarde AP Fonden Fourth Swedish National Pension Fund raised its holdings in shares of The Campbell’s Company (NASDAQ:CPB) by 13.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 127,800 shares of the company’s stock after buying an additional 15,000 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Campbell’s were worth $3,917,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of CPB. Nuveen LLC purchased a new stake in Campbell’s in the first quarter valued at approximately $65,588,000. Vanguard Group Inc. raised its stake in Campbell’s by 2.1% in the first quarter. Vanguard Group Inc. now owns 24,120,172 shares of the company’s stock valued at $962,877,000 after purchasing an additional 494,567 shares in the last quarter. Invesco Ltd. raised its stake in Campbell’s by 6.9% in the first quarter. Invesco Ltd. now owns 4,965,668 shares of the company’s stock valued at $198,229,000 after purchasing an additional 320,120 shares in the last quarter. Cerity Partners LLC raised its stake in Campbell’s by 27.6% in the first quarter. Cerity Partners LLC now owns 1,068,719 shares of the company’s stock valued at $42,663,000 after purchasing an additional 231,418 shares in the last quarter. Finally, Adage Capital Partners GP L.L.C. purchased a new stake in Campbell’s in the first quarter valued at approximately $7,167,000. 52.35% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Sanford C. Bernstein raised their target price on shares of Campbell’s from $38.00 to $39.00 and gave the company an “outperform” rating in a research note on Thursday, September 4th. TD Cowen raised their target price on shares of Campbell’s from $29.00 to $31.00 and gave the company a “hold” rating in a research note on Thursday, September 4th. Piper Sandler reaffirmed a “neutral” rating and issued a $34.00 target price (down from $35.00) on shares of Campbell’s in a research note on Thursday, August 7th. Zacks Research upgraded shares of Campbell’s from a “strong sell” rating to a “hold” rating in a research report on Monday, October 6th. Finally, UBS Group reduced their price target on shares of Campbell’s from $33.00 to $30.00 and set a “sell” rating on the stock 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 assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Reduce” and an average target price of $34.82.

Campbell’s Stock Up 1.0%

Shares of Campbell’s stock opened at $30.29 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 Campbell’s Company has a 52-week low of $29.39 and a 52-week high of $47.25. The stock has a market capitalization of $9.02 billion, a price-to-earnings ratio of 15.15, a P/E/G ratio of 10.41 and a beta of 0.02. The company’s 50 day moving average price is $31.95 and its 200-day moving average price is $32.97.

Campbell’s (NASDAQ:CPB) last issued its earnings results on Wednesday, September 3rd. The company reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.57 by $0.05. Campbell’s had a net margin of 5.87% and a return on equity of 22.95%. The firm had revenue of $2.32 billion for the quarter, compared to analysts’ expectations of $2.33 billion. During the same quarter last year, the business earned $3.08 earnings per share. The business’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. Equities research analysts forecast that The Campbell’s Company will post 3.15 EPS for the current year.

Campbell’s Dividend Announcement

The firm 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 5.2%. Campbell’s’s dividend payout ratio (DPR) is presently 78.00%.

Campbell’s Company 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.