Redwood Investment Management LLC Acquires Shares of 28,878 The Campbell’s Company $CPB

Redwood Investment Management LLC acquired a new stake in The Campbell’s Company (NASDAQ:CPB) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 28,878 shares of the company’s stock, valued at approximately $643,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in CPB. Los Angeles Capital Management LLC acquired a new position in shares of Campbell’s during the 4th quarter worth approximately $29,000. Geneos Wealth Management Inc. boosted its position in Campbell’s by 333.3% during the first quarter. Geneos Wealth Management Inc. now owns 975 shares of the company’s stock worth $39,000 after purchasing an additional 750 shares during the period. Sittner & Nelson LLC bought a new position in Campbell’s during the fourth quarter worth $29,000. Flagship Harbor Advisors LLC acquired a new position in shares of Campbell’s in the fourth quarter valued at $29,000. Finally, Ankerstar Wealth LLC acquired a new position in shares of Campbell’s in the fourth quarter valued at $29,000. 52.35% of the stock is currently owned by institutional investors.

Campbell’s Stock Up 1.8%

CPB opened at $22.37 on Tuesday. The stock has a fifty day moving average of $21.98 and a 200-day moving average of $23.07. The company has a market capitalization of $6.67 billion, a P/E ratio of 11.07 and a beta of 0.02. The Campbell’s Company has a fifty-two week low of $19.56 and a fifty-two week high of $34.17. The company has a debt-to-equity ratio of 1.53, a quick ratio of 0.38 and a current ratio of 0.87.

Campbell’s (NASDAQ:CPB) last released its quarterly earnings results on Monday, June 8th. The company reported $0.50 EPS for the quarter, beating the consensus estimate of $0.48 by $0.02. Campbell’s had a net margin of 6.12% and a return on equity of 18.04%. The business had revenue of $2.37 billion for the quarter. During the same quarter last year, the company posted $0.22 earnings per share. The company’s 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. On average, equities analysts expect that The Campbell’s Company will post 2.18 EPS for the current year.

Campbell’s Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, August 3rd. Shareholders of record on Thursday, July 2nd were given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 7.0%. The ex-dividend date was Thursday, July 2nd. Campbell’s’s dividend payout ratio is presently 77.23%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. Royal Bank Of Canada cut their target price on shares of Campbell’s from $23.00 to $21.00 and set a “sector perform” rating for the company in a research note on Tuesday, June 9th. Stifel Nicolaus upped their price target on shares of Campbell’s from $20.00 to $22.00 and gave the company a “hold” rating in a research note on Wednesday, July 22nd. Morgan Stanley lowered their price target on shares of Campbell’s from $23.00 to $21.00 and set an “equal weight” rating on the stock in a report on Friday, June 5th. DA Davidson upgraded shares of Campbell’s to a “hold” rating in a research report on Monday, July 6th. Finally, UBS Group reduced their price objective on Campbell’s from $19.00 to $17.00 and set a “sell” rating for the company in a report on Tuesday, June 9th. Twelve analysts have rated the stock with a Hold rating and eight have assigned a Sell rating to the company. Based on data from MarketBeat, Campbell’s presently has a consensus rating of “Reduce” and an average price target of $22.00.

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.