8,600 Shares in The Campbell’s Company $CPB Bought by Catalyst Funds Management Pty Ltd

Catalyst Funds Management Pty Ltd acquired a new stake in shares of The Campbell’s Company (NASDAQ:CPB) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 8,600 shares of the company’s stock, valued at approximately $264,000.

Several other institutional investors have also modified their holdings of CPB. New England Asset Management Inc. raised its position in shares of Campbell’s by 0.6% during the 1st quarter. New England Asset Management Inc. now owns 64,690 shares of the company’s stock worth $2,582,000 after purchasing an additional 370 shares during the last quarter. Farther Finance Advisors LLC increased its stake in Campbell’s by 22.4% during the 2nd quarter. Farther Finance Advisors LLC now owns 2,102 shares of the company’s stock worth $64,000 after buying an additional 384 shares in the last quarter. SBI Securities Co. Ltd. raised its holdings in shares of Campbell’s by 66.8% during the second quarter. SBI Securities Co. Ltd. now owns 961 shares of the company’s stock valued at $29,000 after acquiring an additional 385 shares during the last quarter. ORG Partners LLC raised 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 acquiring an additional 395 shares during the last quarter. Finally, Howe & Rusling Inc. lifted its position in shares of Campbell’s by 3.5% in the first quarter. Howe & Rusling Inc. now owns 11,786 shares of the company’s stock valued at $470,000 after acquiring an additional 400 shares in the last quarter. Institutional investors and hedge funds own 52.35% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on CPB shares. Piper Sandler reiterated a “neutral” rating and set a $34.00 price target (down from $35.00) on shares of Campbell’s in a research report on Thursday, August 7th. UBS Group dropped their target price on shares of Campbell’s from $33.00 to $30.00 and set a “sell” rating for the company in a report on Friday, August 29th. Morgan Stanley raised 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 note on Friday, September 5th. Weiss Ratings restated a “hold (c-)” rating on shares of Campbell’s in a research report on Wednesday, October 8th. Finally, Wells Fargo & Company increased their price objective on shares of Campbell’s from $32.00 to $34.00 and gave the company an “equal weight” rating in a report on Thursday, September 25th. Three 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. Based on data from MarketBeat.com, Campbell’s currently has an average rating of “Reduce” and a consensus target price of $34.59.

Campbell’s Price Performance

Shares of CPB stock opened at $31.66 on Friday. The company has a debt-to-equity ratio of 1.56, a current ratio of 0.77 and a quick ratio of 0.28. The company has a market capitalization of $9.43 billion, a PE ratio of 15.83, a price-to-earnings-growth ratio of 10.41 and a beta of 0.01. The firm’s 50-day moving average is $31.28 and its two-hundred day moving average is $32.28. The Campbell’s Company has a 12 month low of $29.39 and a 12 month high of $46.95.

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

Campbell’s Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, February 2nd. Shareholders of record on Thursday, January 8th will be given a $0.39 dividend. The ex-dividend date is Thursday, January 8th. This represents a $1.56 dividend on an annualized basis and a yield of 4.9%. Campbell’s’s payout ratio is currently 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.