The Campbell’s Company $CPB Stock Holdings Decreased by Morningstar Investment Management LLC

Morningstar Investment Management LLC lowered its stake in The Campbell’s Company (NASDAQ:CPB) by 25.3% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 188,283 shares of the company’s stock after selling 63,779 shares during the period. Morningstar Investment Management LLC owned 0.06% of Campbell’s worth $5,248,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Hillman Capital Management Inc. grew its position in shares of Campbell’s by 83.7% during the 3rd quarter. Hillman Capital Management Inc. now owns 173,034 shares of the company’s stock valued at $5,464,000 after buying an additional 78,824 shares during the last quarter. Berkshire Asset Management LLC PA bought a new stake in shares of Campbell’s during the 3rd quarter valued at about $1,270,000. Ashton Thomas Private Wealth LLC bought a new stake in shares of Campbell’s during the 4th quarter valued at about $1,596,000. Natixis Advisors LLC bought a new stake in shares of Campbell’s during the 3rd quarter valued at about $12,992,000. Finally, Tounjian Advisory Partners LLC bought a new stake in shares of Campbell’s during the 4th quarter valued at about $2,137,000. Institutional investors own 52.35% of the company’s stock.

Analyst Upgrades and Downgrades

CPB has been the subject of a number of recent research reports. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Campbell’s in a research report on Thursday, April 2nd. Royal Bank Of Canada lowered their price objective on shares of Campbell’s from $30.00 to $26.00 and set a “sector perform” rating for the company in a research report on Thursday, March 12th. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Campbell’s from $23.00 to $20.00 and set a “hold” rating for the company in a research report on Monday, March 30th. TD Cowen reduced their target price on shares of Campbell’s from $29.00 to $24.00 and set a “hold” rating for the company in a research note on Thursday, March 12th. Finally, Morgan Stanley reduced their target price on shares of Campbell’s from $25.00 to $23.00 and set an “equal weight” rating for the company in a research note on Thursday, April 23rd. One analyst has rated the stock with a Buy rating, fourteen have assigned a Hold rating and seven have given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus price target of $25.50.

Campbell’s Stock Performance

Shares of NASDAQ:CPB opened at $20.58 on Monday. The company has a 50 day moving average of $20.94 and a 200-day moving average of $25.64. The firm has a market cap of $6.14 billion, a P/E ratio of 11.25 and a beta of 0.01. The Campbell’s Company has a twelve month low of $19.56 and a twelve month high of $35.00. The company has a current ratio of 1.01, a quick ratio of 0.51 and a debt-to-equity ratio of 1.66.

Campbell’s (NASDAQ:CPB) last issued its quarterly earnings results on Wednesday, March 11th. The company reported $0.51 earnings per share for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.06). The company 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 company’s revenue for the quarter was down 4.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.74 earnings per share. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. As a group, analysts anticipate that The Campbell’s Company will post 2.18 earnings per share for the current fiscal year.

Campbell’s Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 3rd. Investors of record on Thursday, July 2nd will be paid a dividend of $0.39 per share. The ex-dividend date of this dividend is Thursday, July 2nd. This represents a $1.56 annualized dividend and a yield of 7.6%. Campbell’s’s dividend payout ratio is currently 85.25%.

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.