TD Private Client Wealth LLC lifted its position in shares of The Campbell’s Company (NASDAQ:CPB – Free Report) by 6,609.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 19,726 shares of the company’s stock after purchasing an additional 19,432 shares during the period. TD Private Client Wealth LLC’s holdings in Campbell’s were worth $623,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in CPB. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Campbell’s by 3.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,472 shares of the company’s stock worth $777,000 after buying an additional 685 shares in the last quarter. Goldman Sachs Group Inc. increased its position in Campbell’s by 4.3% during the first quarter. Goldman Sachs Group Inc. now owns 660,543 shares of the company’s stock worth $26,369,000 after acquiring an additional 27,374 shares during the period. Empowered Funds LLC bought a new position in Campbell’s during the first quarter worth about $446,000. Woodline Partners LP raised its stake in Campbell’s by 40.9% in the 1st quarter. Woodline Partners LP now owns 16,623 shares of the company’s stock worth $664,000 after purchasing an additional 4,827 shares in the last quarter. Finally, Geneos Wealth Management Inc. boosted its holdings in Campbell’s by 333.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 975 shares of the company’s stock valued at $39,000 after purchasing an additional 750 shares during the period. 52.35% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
CPB has been the topic of several recent research reports. DA Davidson reaffirmed a “neutral” rating and set a $30.00 target price on shares of Campbell’s in a report on Thursday, December 11th. Zacks Research raised Campbell’s from a “strong sell” rating to a “hold” rating in a research report on Monday, October 6th. Sanford C. Bernstein lowered their price objective on Campbell’s from $39.00 to $33.00 and set an “outperform” rating on the stock in a research note on Wednesday, December 10th. Morgan Stanley cut their target price on Campbell’s from $30.00 to $28.00 and set a “cautious” rating for the company in a research report on Friday. Finally, Royal Bank Of Canada reduced their target price on Campbell’s from $35.00 to $30.00 and set a “sector perform” rating on the stock in a report on Wednesday, December 10th. Three research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and six have issued a Sell rating to the company’s stock. According to data from MarketBeat, Campbell’s currently has a consensus rating of “Reduce” and a consensus target price of $32.29.
Insider Activity at Campbell’s
In related news, EVP Charles A. Brawley III sold 11,550 shares of the company’s stock in a transaction that occurred on Tuesday, December 30th. The shares were sold at an average price of $28.14, for a total transaction of $325,017.00. Following the completion of the transaction, the executive vice president directly owned 43,777 shares in the company, valued at $1,231,884.78. This represents a 20.88% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Anthony Sanzio sold 2,700 shares of the stock in a transaction that occurred on Friday, January 9th. The shares were sold at an average price of $26.51, for a total transaction of $71,577.00. Following the completion of the transaction, the executive vice president directly owned 25,264 shares of the company’s stock, valued at approximately $669,748.64. The trade was a 9.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 19.78% of the company’s stock.
Campbell’s Stock Down 3.0%
NASDAQ CPB opened at $26.08 on Friday. The business has a fifty day moving average price of $28.88 and a two-hundred day moving average price of $30.80. The stock has a market capitalization of $7.78 billion, a PE ratio of 13.51, a PEG ratio of 9.44 and a beta of -0.04. The Campbell’s Company has a fifty-two week low of $25.62 and a fifty-two week high of $43.85. The company has a debt-to-equity ratio of 1.54, a current ratio of 0.82 and a quick ratio of 0.34.
Campbell’s (NASDAQ:CPB – Get Free Report) last posted its quarterly earnings results on Tuesday, December 9th. The company reported $0.77 EPS for the quarter, topping analysts’ consensus estimates of $0.73 by $0.04. The company had revenue of $2.68 billion during the quarter. Campbell’s had a return on equity of 21.84% and a net margin of 5.69%.Campbell’s’s quarterly revenue was down 3.4% on a year-over-year basis. Campbell’s has set its FY 2026 guidance at 2.400-2.550 EPS. Equities analysts expect that The Campbell’s Company will post 3.15 earnings per share for the current fiscal year.
Campbell’s Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, February 2nd. Stockholders of record on Thursday, January 8th will be paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 6.0%. The ex-dividend date is Thursday, January 8th. Campbell’s’s dividend payout ratio (DPR) is presently 80.83%.
About Campbell’s
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.
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