Mitsubishi UFJ Trust & Banking Corp Acquires 6,904 Shares of The Campbell’s Company $CPB

Mitsubishi UFJ Trust & Banking Corp grew its holdings in The Campbell’s Company (NASDAQ:CPB) by 2.0% in the 2nd quarter, Holdings Channel reports. The fund owned 348,449 shares of the company’s stock after purchasing an additional 6,904 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in Campbell’s were worth $10,680,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Manchester Capital Management LLC raised its stake in 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 last quarter. Ameritas Advisory Services LLC bought a new position in shares of Campbell’s during the 2nd quarter worth about $25,000. ORG Partners LLC raised its position 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 buying an additional 395 shares during the last quarter. SBI Securities Co. Ltd. lifted its stake in shares of Campbell’s by 66.8% in the second quarter. SBI Securities Co. Ltd. now owns 961 shares of the company’s stock valued at $29,000 after buying an additional 385 shares during the period. Finally, Geneos Wealth Management Inc. grew its position in Campbell’s by 333.3% during the first quarter. Geneos Wealth Management Inc. now owns 975 shares of the company’s stock worth $39,000 after buying an additional 750 shares in the last quarter. Institutional investors and hedge funds own 52.35% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have commented on the company. Stifel Nicolaus cut their price target on Campbell’s from $38.00 to $34.00 and set a “hold” rating for the company in a report on Tuesday, July 29th. Bank of America upped their target price on Campbell’s from $29.00 to $30.00 and gave the company an “underperform” rating in a research note on Thursday, September 4th. Sanford C. Bernstein raised their target price on Campbell’s from $38.00 to $39.00 and gave the stock an “outperform” rating in a research report on Thursday, September 4th. Morgan Stanley boosted their price target on shares of Campbell’s from $32.00 to $33.00 and gave the company an “equal weight” rating in a report on Friday, September 5th. Finally, Wells Fargo & Company raised their price objective on shares of Campbell’s from $32.00 to $34.00 and gave the stock an “equal weight” rating in a report on Thursday, September 25th. Three analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and five have given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus target price of $34.82.

Campbell’s Stock Up 0.2%

Shares of NASDAQ:CPB opened at $31.29 on Monday. The Campbell’s Company has a 52 week low of $29.39 and a 52 week high of $46.95. 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’s fifty day moving average is $31.54 and its 200-day moving average is $32.40. The company has a market capitalization of $9.32 billion, a PE ratio of 15.65, a P/E/G ratio of 10.41 and a beta of 0.01.

Campbell’s (NASDAQ:CPB) last announced its earnings results on Wednesday, September 3rd. The company reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 net margin of 5.87% and a return on equity of 22.95%. The firm’s revenue for the quarter was up 1.2% on a year-over-year basis. During the same quarter last year, the company posted $3.08 EPS. Campbell’s has set its FY 2026 guidance at 2.400-2.550 EPS. Equities research analysts predict that The Campbell’s Company will post 3.15 earnings per share for the current fiscal year.

Campbell’s Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, November 3rd. Stockholders of record on Thursday, October 2nd were issued a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 5.0%. The ex-dividend date of this dividend was Thursday, October 2nd. Campbell’s’s payout ratio is presently 78.00%.

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.