The Campbell’s Company (NASDAQ:CPB – Get Free Report) saw unusually large options trading on Wednesday. Stock investors purchased 17,563 call options on the company. This represents an increase of 55% compared to the average daily volume of 11,310 call options.
Analyst Ratings Changes
Several analysts recently commented on CPB shares. UBS Group reduced their target price on Campbell’s from $19.00 to $17.00 and set a “sell” rating on the stock in a report on Tuesday, June 9th. Bank of America dropped their price target on shares of Campbell’s from $20.00 to $18.00 and set an “underperform” rating on the stock in a research report on Tuesday, June 9th. Stifel Nicolaus reduced their price objective on shares of Campbell’s from $25.00 to $20.00 and set a “hold” rating on the stock in a research note on Tuesday, April 21st. Wells Fargo & Company cut shares of Campbell’s from an “equal weight” rating to an “underweight” rating and decreased their price objective for the stock from $20.00 to $18.00 in a research report on Wednesday, April 8th. Finally, William Blair assumed coverage on shares of Campbell’s in a research note on Tuesday, June 23rd. They set a “market perform” rating for the company. Twelve equities research analysts have rated the stock with a Hold rating and eight have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average price target of $21.88.
View Our Latest Analysis on Campbell’s
Campbell’s Trading Up 5.1%
Campbell’s (NASDAQ:CPB – Get Free Report) last issued its quarterly earnings results on Monday, June 8th. The company reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.02. The firm had revenue of $2.37 billion for the quarter. Campbell’s had a return on equity of 18.04% and a net margin of 6.12%.Campbell’s’s quarterly revenue was down 4.4% compared to the same quarter last year. During the same period last year, the firm posted $0.22 earnings per share. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. On average, equities analysts forecast that Campbell’s will post 2.18 EPS for the current fiscal year.
Campbell’s Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Monday, August 3rd. Investors of record on Thursday, July 2nd will be given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 6.7%. The ex-dividend date is Thursday, July 2nd. Campbell’s’s payout ratio is presently 77.23%.
Institutional Investors Weigh In On Campbell’s
Large investors have recently bought and sold shares of the stock. Stance Capital LLC bought a new position in shares of Campbell’s during the 3rd quarter worth about $27,000. Los Angeles Capital Management LLC acquired a new stake in shares of Campbell’s in the 4th quarter valued at about $29,000. Geneos Wealth Management Inc. increased its position 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 buying an additional 750 shares in the last quarter. Sittner & Nelson LLC bought a new stake in Campbell’s in the 4th quarter valued at about $29,000. Finally, Flagship Harbor Advisors LLC acquired a new position in Campbell’s during the 4th quarter worth approximately $29,000. 52.35% of the stock is currently owned by institutional investors and hedge funds.
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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