Analysts Set The Campbell’s Company (NASDAQ:CPB) Target Price at $21.88

The Campbell’s Company (NASDAQ:CPB) has earned an average rating of “Reduce” from the twenty brokerages that are presently covering the company, Marketbeat reports. Eight research analysts have rated the stock with a sell recommendation and twelve have given a hold recommendation to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $21.8750.

Several research firms recently weighed in on CPB. TD Cowen decreased their price target on Campbell’s from $29.00 to $24.00 and set a “hold” rating on the stock in a report on Thursday, March 12th. Stephens lowered Campbell’s from an “overweight” rating to an “equal weight” rating and decreased their price target for the company from $28.00 to $21.00 in a report on Monday, June 1st. Jefferies Financial Group restated a “hold” rating and set a $26.00 price target on shares of Campbell’s in a report on Monday, March 2nd. BNP Paribas Exane decreased their price target on Campbell’s from $22.00 to $19.00 and set an “underperform” rating on the stock in a report on Thursday, April 9th. Finally, Barclays decreased their price target on Campbell’s from $21.00 to $19.00 and set an “underweight” rating on the stock in a report on Monday, June 8th.

Institutional Trading of Campbell’s

A number of hedge funds and other institutional investors have recently bought and sold shares of CPB. Stance Capital LLC purchased a new stake in Campbell’s in the third quarter worth $27,000. Flagship Harbor Advisors LLC purchased a new stake in Campbell’s in the fourth quarter worth $29,000. Sittner & Nelson LLC purchased a new stake in Campbell’s in the fourth quarter worth $29,000. Los Angeles Capital Management LLC purchased a new stake in Campbell’s in the fourth quarter worth $29,000. Finally, Ankerstar Wealth LLC purchased a new stake in Campbell’s in the fourth quarter worth $29,000. Hedge funds and other institutional investors own 52.35% of the company’s stock.

Campbell’s Price Performance

NASDAQ CPB opened at $22.73 on Wednesday. The company has a debt-to-equity ratio of 1.53, a quick ratio of 0.38 and a current ratio of 0.87. The company has a market capitalization of $6.78 billion, a P/E ratio of 11.25 and a beta of 0.02. Campbell’s has a one year low of $19.56 and a one year high of $34.17. The stock has a 50 day moving average price of $21.07 and a 200-day moving average price of $24.06.

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 the consensus estimate of $0.48 by $0.02. Campbell’s had a return on equity of 18.04% and a net margin of 6.12%.The company had revenue of $2.37 billion for the quarter. During the same quarter in the previous year, the company posted $0.22 EPS. The business’s quarterly revenue was down 4.4% on a year-over-year basis. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. As a group, equities analysts predict that Campbell’s will post 2.18 EPS 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. Shareholders of record on Thursday, July 2nd will be paid a $0.39 dividend. The ex-dividend date is Thursday, July 2nd. This represents a $1.56 dividend on an annualized basis and a yield of 6.9%. Campbell’s’s dividend payout ratio (DPR) is presently 77.23%.

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.