61,216 Shares in The Campbell’s Company $CPB Acquired by Leonteq Securities AG

Leonteq Securities AG acquired a new position in The Campbell’s Company (NASDAQ:CPB) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 61,216 shares of the company’s stock, valued at approximately $1,706,000.

A number of other hedge funds also recently added to or reduced their stakes in the company. State Street Corp raised its holdings in Campbell’s by 1.3% in the 2nd quarter. State Street Corp now owns 11,960,359 shares of the company’s stock worth $366,585,000 after acquiring an additional 149,679 shares during the last quarter. Invesco Ltd. raised its holdings in Campbell’s by 42.6% in the 3rd quarter. Invesco Ltd. now owns 7,995,733 shares of the company’s stock worth $252,505,000 after acquiring an additional 2,387,575 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in Campbell’s by 16.5% in the 3rd quarter. Dimensional Fund Advisors LP now owns 6,546,957 shares of the company’s stock worth $206,738,000 after acquiring an additional 928,843 shares during the last quarter. Two Sigma Investments LP raised its holdings in Campbell’s by 534.8% in the 3rd quarter. Two Sigma Investments LP now owns 4,937,170 shares of the company’s stock worth $155,916,000 after acquiring an additional 4,159,398 shares during the last quarter. Finally, UBS Group AG raised its holdings in 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 acquiring an additional 2,377,488 shares during the last quarter. 52.35% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the stock. Wells Fargo & Company lowered shares of Campbell’s from an “equal weight” rating to an “underweight” rating and decreased their target price for the company from $20.00 to $18.00 in a research note on Wednesday, April 8th. BTIG Research began coverage on shares of Campbell’s in a research note on Monday, April 13th. They set a “neutral” rating for the company. Zacks Research upgraded Campbell’s from a “strong sell” rating to a “hold” rating in a research note on Tuesday, May 12th. Barclays reduced their price objective on Campbell’s from $23.00 to $21.00 and set an “underweight” rating for the company in a research note on Tuesday, April 14th. Finally, Sanford C. Bernstein lowered Campbell’s from an “outperform” rating to a “market perform” rating and reduced their price objective for the stock from $27.00 to $21.00 in a research note on Monday, April 27th. One analyst has rated the stock with a Buy rating, fourteen have given a Hold rating and seven have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Campbell’s has a consensus rating of “Reduce” and a consensus target price of $26.06.

Campbell’s Trading Up 0.3%

Shares of Campbell’s stock opened at $20.05 on Friday. The company has a market capitalization of $5.98 billion, a P/E ratio of 10.96 and a beta of 0.01. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.51 and a current ratio of 1.01. The company has a fifty day moving average of $20.99 and a 200 day moving average of $25.71. The Campbell’s Company has a fifty-two week low of $19.56 and a fifty-two week high of $35.00.

Campbell’s (NASDAQ:CPB) last issued its earnings results on Wednesday, March 11th. The company reported $0.51 earnings per share for the quarter, missing the consensus estimate of $0.57 by ($0.06). The firm had revenue of $2.56 billion during the quarter. Campbell’s had a return on equity of 19.96% and a net margin of 5.48%.The business’s revenue for the quarter was down 4.5% compared to the same quarter last year. During the same period in the prior year, the company earned $0.74 earnings per share. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. On average, sell-side analysts anticipate that The Campbell’s Company will post 2.19 earnings per share for the current fiscal year.

Campbell’s Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, August 3rd. Investors of record on Thursday, July 2nd will be issued a $0.39 dividend. The ex-dividend date of this dividend is Thursday, July 2nd. This represents a $1.56 annualized dividend and a yield of 7.8%. Campbell’s’s dividend payout ratio is currently 85.25%.

Campbell’s Company Profile

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.