The Campbell’s Company $CPB Shares Acquired by Ethic Inc.

Ethic Inc. increased its position in shares of The Campbell’s Company (NASDAQ:CPB) by 97.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 126,557 shares of the company’s stock after purchasing an additional 62,463 shares during the period. Ethic Inc.’s holdings in Campbell’s were worth $2,818,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in CPB. Ashton Thomas Private Wealth LLC bought a new stake in shares of Campbell’s in the 4th quarter worth $1,596,000. Hsbc Holdings PLC boosted its stake in Campbell’s by 644.9% during the first quarter. Hsbc Holdings PLC now owns 1,864,119 shares of the company’s stock valued at $41,319,000 after buying an additional 1,613,873 shares in the last quarter. Fluent Financial LLC acquired a new position in Campbell’s during the second quarter worth about $1,394,000. Saba Capital Management L.P. raised its position in Campbell’s by 556.6% in the first quarter. Saba Capital Management L.P. now owns 315,406 shares of the company’s stock worth $7,024,000 after acquiring an additional 267,372 shares in the last quarter. Finally, Cerity Partners LLC raised its position in Campbell’s by 190.3% in the fourth quarter. Cerity Partners LLC now owns 2,680,839 shares of the company’s stock worth $74,715,000 after acquiring an additional 1,757,264 shares in the last quarter. 52.35% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have weighed in on CPB shares. Royal Bank Of Canada reduced their price objective on shares of Campbell’s from $23.00 to $21.00 and set a “sector perform” rating for the company in a research report on Tuesday, June 9th. Bank of America dropped their target price on shares of Campbell’s from $20.00 to $18.00 and set an “underperform” rating on the stock in a report on Tuesday, June 9th. Zacks Research raised shares of Campbell’s from a “strong sell” rating to a “hold” rating in a research note on Monday. UBS Group reduced their target price on shares of Campbell’s from $19.00 to $17.00 and set a “sell” rating for the company in a report on Tuesday, June 9th. Finally, Morgan Stanley reduced their target price on shares of Campbell’s from $23.00 to $21.00 and set an “equal weight” rating for the company in a report on Friday, June 5th. Twelve research analysts have rated the stock with a Hold rating and seven have given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Reduce” and a consensus target price of $21.20.

Campbell’s Trading Up 3.0%

Shares of NASDAQ CPB opened at $23.28 on Friday. The Campbell’s Company has a 12 month low of $19.56 and a 12 month high of $34.17. The company has a market cap of $6.94 billion, a price-to-earnings ratio of 11.52 and a beta of 0.02. The company has a quick ratio of 0.38, a current ratio of 0.87 and a debt-to-equity ratio of 1.53. The business has a fifty day simple moving average of $22.28 and a 200-day simple moving average of $22.86.

Campbell’s (NASDAQ:CPB) last released its quarterly earnings results on Monday, June 8th. The company reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates of $0.48 by $0.02. The business had revenue of $2.37 billion during the quarter. Campbell’s had a return on equity of 18.04% and a net margin of 6.12%.The company’s revenue for the quarter was down 4.4% compared to the same quarter last year. During the same quarter last year, the business earned $0.22 EPS. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. Sell-side analysts predict that The Campbell’s Company will post 2.18 EPS for the current year.

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.