Fjarde AP Fonden Fourth Swedish National Pension Fund Increases Stock Position in The Campbell’s Company $CPB

Fjarde AP Fonden Fourth Swedish National Pension Fund raised its position in shares of The Campbell’s Company (NASDAQ:CPB) by 13.3% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 127,800 shares of the company’s stock after purchasing an additional 15,000 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Campbell’s were worth $3,917,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Nuveen LLC purchased a new position in shares of Campbell’s in the 1st quarter worth about $65,588,000. Vanguard Group Inc. raised its position in Campbell’s by 2.1% in the 1st quarter. Vanguard Group Inc. now owns 24,120,172 shares of the company’s stock worth $962,877,000 after buying an additional 494,567 shares during the last quarter. Invesco Ltd. raised its position in Campbell’s by 6.9% in the 1st quarter. Invesco Ltd. now owns 4,965,668 shares of the company’s stock worth $198,229,000 after buying an additional 320,120 shares during the last quarter. Cerity Partners LLC raised its position in Campbell’s by 27.6% in the 1st quarter. Cerity Partners LLC now owns 1,068,719 shares of the company’s stock worth $42,663,000 after buying an additional 231,418 shares during the last quarter. Finally, Adage Capital Partners GP L.L.C. purchased a new position in Campbell’s in the 1st quarter worth about $7,167,000. Hedge funds and other institutional investors own 52.35% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on CPB shares. Weiss Ratings reissued a “hold (c-)” rating on shares of Campbell’s in a research report on Wednesday, October 8th. Stifel Nicolaus reduced their price target on shares of Campbell’s from $38.00 to $34.00 and set a “hold” rating for the company in a research report on Tuesday, July 29th. TD Cowen upped their price target on shares of Campbell’s from $29.00 to $31.00 and gave the company a “hold” rating in a research report on Thursday, September 4th. Zacks Research raised shares of Campbell’s from a “strong sell” rating to a “hold” rating in a research report on Monday, October 6th. Finally, Cowen reaffirmed a “hold” rating on shares of Campbell’s in a research report on Thursday, September 4th. Three investment analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and five have assigned a Sell rating to the stock. Based on data from MarketBeat, Campbell’s has an average rating of “Reduce” and an average price target of $34.82.

Campbell’s Trading Up 1.0%

Campbell’s stock opened at $30.29 on Friday. The firm has a 50 day moving average of $31.95 and a 200 day moving average of $32.97. The firm has a market capitalization of $9.02 billion, a price-to-earnings ratio of 15.15, a P/E/G ratio of 10.41 and a beta of 0.02. The Campbell’s Company has a 12-month low of $29.39 and a 12-month high of $47.25. 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 (NASDAQ:CPB) last released its earnings results on Wednesday, September 3rd. The company reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.57 by $0.05. The company had revenue of $2.32 billion during the quarter, compared to analyst estimates of $2.33 billion. Campbell’s had a net margin of 5.87% and a return on equity of 22.95%. The firm’s quarterly revenue was up 1.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.08 EPS. Campbell’s has set its FY 2026 guidance at 2.400-2.550 EPS. As a group, research analysts predict that The Campbell’s Company will post 3.15 earnings per share for the current year.

Campbell’s Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, November 3rd. Investors of record on Thursday, October 2nd will be issued a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 5.2%. The ex-dividend date of this dividend is Thursday, October 2nd. Campbell’s’s dividend payout ratio is currently 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.