The Campbell’s Company (NASDAQ:CPB) Receives $34.82 Consensus Target Price from Analysts

The Campbell’s Company (NASDAQ:CPB) has been assigned an average rating of “Reduce” from the twenty-three ratings firms that are presently covering the stock, Marketbeat.com reports. Five equities research analysts have rated the stock with a sell recommendation, fifteen have issued a hold recommendation and three have given a buy recommendation to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $34.8235.

Several equities research analysts recently issued reports on the stock. Zacks Research raised shares of Campbell’s from a “strong sell” rating to a “hold” rating in a report on Monday, October 6th. Morgan Stanley lifted their price target on shares of Campbell’s from $32.00 to $33.00 and gave the company an “equal weight” rating in a report on Friday, September 5th. UBS Group decreased their price target on shares of Campbell’s from $33.00 to $30.00 and set a “sell” rating on the stock in a report on Friday, August 29th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Campbell’s in a report on Wednesday, October 8th. Finally, Cowen reaffirmed a “hold” rating on shares of Campbell’s in a report on Thursday, September 4th.

Institutional Investors Weigh In On Campbell’s

Institutional investors have recently added to or reduced their stakes in the business. World Investment Advisors bought a new stake in Campbell’s during the 1st quarter worth approximately $410,000. Teacher Retirement System of Texas bought a new stake in Campbell’s during the 1st quarter worth approximately $1,131,000. KBC Group NV grew its holdings in Campbell’s by 182.0% during the 1st quarter. KBC Group NV now owns 498,216 shares of the company’s stock worth $19,889,000 after acquiring an additional 321,520 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its holdings in Campbell’s by 13.2% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 25,865 shares of the company’s stock worth $1,027,000 after acquiring an additional 3,010 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its holdings in Campbell’s by 24.3% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 13,366 shares of the company’s stock worth $534,000 after acquiring an additional 2,614 shares during the last quarter. 52.35% of the stock is owned by institutional investors.

Campbell’s Price Performance

Shares of NASDAQ:CPB opened at $30.86 on Friday. The firm has a 50 day moving average of $32.23 and a 200-day moving average of $33.37. The stock has a market capitalization of $9.19 billion, a PE ratio of 15.43, a PEG ratio of 10.72 and a beta of 0.02. The company has a current ratio of 0.77, a quick ratio of 0.28 and a debt-to-equity ratio of 1.56. Campbell’s has a 12 month low of $29.39 and a 12 month high of $48.68.

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

Campbell’s Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 3rd. Shareholders of record on Thursday, October 2nd will be issued a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 5.1%. The ex-dividend date of this dividend is Thursday, October 2nd. Campbell’s’s payout ratio is presently 78.00%.

About Campbell’s

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.