Anthony Sanzio Sells 2,700 Shares of Campbell’s (NASDAQ:CPB) Stock

The Campbell’s Company (NASDAQ:CPB) EVP Anthony Sanzio sold 2,700 shares of Campbell’s stock in a transaction on Friday, January 9th. The stock was sold at an average price of $26.51, for a total value of $71,577.00. Following the completion of the transaction, the executive vice president owned 25,264 shares in the company, valued at $669,748.64. The trade was a 9.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Campbell’s Trading Down 0.2%

Shares of NASDAQ:CPB traded down $0.04 during mid-day trading on Monday, hitting $26.39. The stock had a trading volume of 8,535,384 shares, compared to its average volume of 7,777,239. The company’s 50 day moving average is $29.25 and its 200-day moving average is $30.95. The Campbell’s Company has a 12-month low of $25.62 and a 12-month high of $43.85. The company has a debt-to-equity ratio of 1.54, a quick ratio of 0.34 and a current ratio of 0.82. The company has a market cap of $7.87 billion, a PE ratio of 13.67, a P/E/G ratio of 9.25 and a beta of -0.04.

Campbell’s (NASDAQ:CPB) last posted its quarterly earnings results on Tuesday, December 9th. The company reported $0.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.73 by $0.04. The business had revenue of $2.68 billion during the quarter. Campbell’s had a net margin of 5.69% and a return on equity of 21.84%. Campbell’s’s revenue for the quarter was down 3.4% compared to the same quarter last year. Campbell’s has set its FY 2026 guidance at 2.400-2.550 EPS. On average, sell-side analysts predict that The Campbell’s Company will post 3.15 EPS for the current year.

Campbell’s Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, February 2nd. Investors of record on Thursday, January 8th will be paid a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 5.9%. The ex-dividend date of this dividend is Thursday, January 8th. Campbell’s’s payout ratio is presently 80.83%.

Analyst Ratings Changes

Several analysts have recently issued reports on CPB shares. Royal Bank Of Canada decreased their price target on Campbell’s from $35.00 to $30.00 and set a “sector perform” rating for the company in a research note on Wednesday, December 10th. DA Davidson reaffirmed a “neutral” rating and set a $30.00 target price on shares of Campbell’s in a research report on Thursday, December 11th. Weiss Ratings downgraded Campbell’s from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, January 5th. UBS Group reduced their price objective on shares of Campbell’s from $28.00 to $26.00 and set a “sell” rating for the company in a research note on Wednesday, December 10th. Finally, Sanford C. Bernstein decreased their price objective on shares of Campbell’s from $39.00 to $33.00 and set an “outperform” rating for the company in a report on Wednesday, December 10th. Three research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and six have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus price target of $32.59.

Institutional Trading of Campbell’s

A number of large investors have recently bought and sold shares of the business. Two Sigma Investments LP increased its stake in shares of Campbell’s by 534.8% in the 3rd quarter. Two Sigma Investments LP now owns 4,937,170 shares of the company’s stock valued at $155,916,000 after acquiring an additional 4,159,398 shares in the last quarter. Massachusetts Financial Services Co. MA bought a new position in Campbell’s during the 3rd quarter valued at $77,940,000. Invesco Ltd. boosted its holdings in Campbell’s by 42.6% during the third quarter. Invesco Ltd. now owns 7,995,733 shares of the company’s stock worth $252,505,000 after purchasing an additional 2,387,575 shares during the last quarter. UBS Group AG boosted its stake in shares of Campbell’s by 175.7% in the 3rd quarter. UBS Group AG now owns 3,730,947 shares of the company’s stock worth $117,823,000 after buying an additional 2,377,488 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its stake in shares of Campbell’s by 287.5% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 2,377,390 shares of the company’s stock worth $75,078,000 after buying an additional 1,763,870 shares during the last quarter. 52.35% of the stock is currently owned by institutional investors and hedge funds.

About Campbell’s

Campbell’s (NASDAQ: CPB) is a leading manufacturer of shelf-stable foods and beverages, best known for its iconic soups and broths. Headquartered in Camden, New Jersey, the company offers a diverse portfolio of products designed to meet consumer demand for convenient, affordable meals and snacks. Since its founding in 1869, Campbell’s has grown through a combination of organic innovation and strategic acquisitions to expand its presence in the food industry.

The company’s brand portfolio includes Campbell’s Condensed Soups, V8 juices, Prego pasta sauces, Swanson broths and stocks, Pace salsas and dips, and Pepperidge Farm baked snacks.