Y Intercept Hong Kong Ltd Boosts Holdings in The Campbell’s Company $CPB

Y Intercept Hong Kong Ltd increased its holdings in The Campbell’s Company (NASDAQ:CPB) by 831.8% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 170,575 shares of the company’s stock after acquiring an additional 152,269 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Campbell’s were worth $5,228,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also added to or reduced their stakes in CPB. Ameritas Advisory Services LLC purchased a new position in Campbell’s during the second quarter valued at approximately $25,000. Manchester Capital Management LLC lifted its holdings in Campbell’s by 923.2% during the first quarter. Manchester Capital Management LLC now owns 706 shares of the company’s stock valued at $28,000 after purchasing an additional 637 shares in the last quarter. ORG Partners LLC lifted its holdings in Campbell’s by 77.3% during the second quarter. ORG Partners LLC now owns 906 shares of the company’s stock valued at $29,000 after purchasing an additional 395 shares in the last quarter. Geneos Wealth Management Inc. lifted its holdings in Campbell’s by 333.3% during the first quarter. Geneos Wealth Management Inc. now owns 975 shares of the company’s stock valued at $39,000 after purchasing an additional 750 shares in the last quarter. Finally, Banque Cantonale Vaudoise purchased a new position in Campbell’s during the first quarter valued at approximately $47,000. Hedge funds and other institutional investors own 52.35% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the stock. TD Cowen lifted their price target on shares of Campbell’s from $29.00 to $31.00 and gave the company a “hold” rating in a report on Thursday, September 4th. JPMorgan Chase & Co. assumed coverage on shares of Campbell’s in a report on Wednesday, August 20th. They set a “neutral” rating and a $33.00 price target on the stock. Piper Sandler reaffirmed a “neutral” rating and set a $34.00 price target (down previously from $35.00) on shares of Campbell’s in a report on Thursday, August 7th. Sanford C. Bernstein lifted their price target on shares of Campbell’s from $38.00 to $39.00 and gave the company an “outperform” rating in a report on Thursday, September 4th. Finally, Zacks Research raised shares of Campbell’s from a “strong sell” rating to a “hold” rating in a report on Monday, October 6th. Three investment analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat, Campbell’s currently has an average rating of “Reduce” and an average target price of $34.82.

Campbell’s Trading Up 1.5%

Campbell’s stock opened at $31.39 on Tuesday. The stock has a market cap of $9.34 billion, a P/E ratio of 15.70, a PEG ratio of 10.75 and a beta of 0.02. The company has a debt-to-equity ratio of 1.56, a current ratio of 0.77 and a quick ratio of 0.28. The Campbell’s Company has a 1 year low of $29.39 and a 1 year high of $48.25. The firm’s 50 day moving average price is $32.08 and its 200-day moving average price is $33.09.

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

Campbell’s Announces Dividend

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

Campbell’s 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.