Raiffeisen Bank International AG Has $26.12 Million Stock Position in The Campbell’s Company $CPB

Raiffeisen Bank International AG lessened its position in shares of The Campbell’s Company (NASDAQ:CPB) by 26.5% in the second quarter, HoldingsChannel.com reports. The firm owned 837,800 shares of the company’s stock after selling 302,361 shares during the quarter. Raiffeisen Bank International AG’s holdings in Campbell’s were worth $26,123,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. CWM LLC increased its position in shares of Campbell’s by 66.4% during the first quarter. CWM LLC now owns 8,503 shares of the company’s stock worth $339,000 after buying an additional 3,393 shares during the period. Victory Capital Management Inc. raised its position in shares of Campbell’s by 14.8% in the 1st quarter. Victory Capital Management Inc. now owns 514,377 shares of the company’s stock worth $20,534,000 after acquiring an additional 66,486 shares in the last quarter. Teachers Retirement System of The State of Kentucky boosted its position in shares of Campbell’s by 4.0% during the 1st quarter. Teachers Retirement System of The State of Kentucky now owns 15,162 shares of the company’s stock valued at $605,000 after purchasing an additional 589 shares in the last quarter. Wealth Quarterback LLC increased its stake in shares of Campbell’s by 48.8% in the 1st quarter. Wealth Quarterback LLC now owns 24,257 shares of the company’s stock valued at $968,000 after acquiring an additional 7,955 shares in the last quarter. Finally, Allianz Asset Management GmbH lifted its position in shares of Campbell’s by 4.9% during the 1st quarter. Allianz Asset Management GmbH now owns 24,903 shares of the company’s stock valued at $994,000 after acquiring an additional 1,156 shares during the period. Institutional investors and hedge funds own 52.35% of the company’s stock.

Campbell’s Price Performance

CPB opened at $31.29 on Monday. The stock’s 50 day moving average price is $31.54 and its 200-day moving average price is $32.40. The Campbell’s Company has a 52-week low of $29.39 and a 52-week high of $46.95. The stock has a market capitalization of $9.32 billion, a PE ratio of 15.65, a price-to-earnings-growth ratio of 10.41 and a beta of 0.01. The company has a debt-to-equity ratio of 1.56, a quick ratio of 0.28 and a current ratio of 0.77.

Campbell’s (NASDAQ:CPB) last posted its quarterly earnings data on Wednesday, September 3rd. The company reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.57 by $0.05. The business had revenue of $2.32 billion for the quarter, compared to analysts’ expectations of $2.33 billion. Campbell’s had a return on equity of 22.95% and a net margin of 5.87%.The business’s revenue was up 1.2% on a year-over-year basis. During the same period in the previous year, the firm posted $3.08 EPS. Campbell’s has set its FY 2026 guidance at 2.400-2.550 EPS. On average, equities research analysts predict that The Campbell’s Company will post 3.15 EPS for the current year.

Campbell’s Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, November 3rd. Shareholders of record on Thursday, October 2nd were given a $0.39 dividend. The ex-dividend date was Thursday, October 2nd. This represents a $1.56 annualized dividend and a yield of 5.0%. Campbell’s’s dividend payout ratio (DPR) is presently 78.00%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the stock. TD Cowen increased their price objective on shares of Campbell’s from $29.00 to $31.00 and gave the stock a “hold” rating in a research report on Thursday, September 4th. Sanford C. Bernstein boosted their price objective on Campbell’s from $38.00 to $39.00 and gave the stock an “outperform” rating in a report on Thursday, September 4th. Weiss Ratings restated a “hold (c-)” rating on shares of Campbell’s in a research note on Wednesday, October 8th. Cowen restated a “hold” rating on shares of Campbell’s in a research note on Thursday, September 4th. Finally, JPMorgan Chase & Co. assumed coverage on Campbell’s in a research note on Wednesday, August 20th. They issued a “neutral” rating and a $33.00 price objective on the stock. Three equities research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and five have given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce” and an average target price of $34.82.

Campbell’s Company Profile

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.