Entropy Technologies LP Makes New Investment in The Campbell’s Company $CPB

Entropy Technologies LP bought a new stake in The Campbell’s Company (NASDAQ:CPB) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 78,553 shares of the company’s stock, valued at approximately $2,408,000.

A number of other hedge funds have also bought and sold shares of CPB. Nuveen LLC acquired a new stake in Campbell’s in the 1st quarter worth about $65,588,000. Vanguard Group Inc. increased its holdings in shares of Campbell’s by 2.1% during the first quarter. Vanguard Group Inc. now owns 24,120,172 shares of the company’s stock worth $962,877,000 after purchasing an additional 494,567 shares during the period. Invesco Ltd. raised its position in shares of 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 buying an additional 320,120 shares in the last quarter. Ensign Peak Advisors Inc boosted its stake in shares of Campbell’s by 10.9% in the second quarter. Ensign Peak Advisors Inc now owns 2,429,607 shares of the company’s stock valued at $74,467,000 after buying an additional 238,062 shares during the period. Finally, Adage Capital Partners GP L.L.C. acquired a new stake in Campbell’s during the first quarter worth approximately $7,167,000. 52.35% of the stock is owned by institutional investors.

Campbell’s Price Performance

CPB stock opened at $31.66 on Friday. The stock has a market cap of $9.43 billion, a price-to-earnings ratio of 15.83, a P/E/G ratio of 10.41 and a beta of 0.01. 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 50 day simple moving average of $31.28 and a 200 day simple moving average of $32.28. The Campbell’s Company has a 1 year low of $29.39 and a 1 year high of $46.95.

Campbell’s (NASDAQ:CPB) last issued 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 analyst estimates 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 quarter last year, the business posted $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 company also recently disclosed a quarterly dividend, which will be paid on Monday, February 2nd. Investors of record on Thursday, January 8th will be given a dividend of $0.39 per share. 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%.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on CPB shares. Cowen reaffirmed a “hold” rating on shares of Campbell’s in a report on Thursday, September 4th. Piper Sandler reaffirmed a “neutral” rating and issued a $34.00 price target (down previously from $35.00) on shares of Campbell’s in a research note on Thursday, August 7th. Zacks Research raised shares of Campbell’s from a “strong sell” rating to a “hold” rating in a research report on Monday, October 6th. Bank of America raised their target price on shares of Campbell’s from $29.00 to $30.00 and gave the company an “underperform” rating in a report on Thursday, September 4th. Finally, JPMorgan Chase & Co. began coverage on shares of Campbell’s in a report on Wednesday, August 20th. They set a “neutral” rating and a $33.00 price target for the company. Three research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and five have given a Sell rating to the stock. According to data from MarketBeat, Campbell’s has a consensus rating of “Reduce” and a consensus target price of $34.59.

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.