The Campbell’s Company $CPB Shares Bought by Commerzbank Aktiengesellschaft FI

Commerzbank Aktiengesellschaft FI boosted its stake in shares of The Campbell’s Company (NASDAQ:CPB) by 21.7% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 65,461 shares of the company’s stock after acquiring an additional 11,678 shares during the period. Commerzbank Aktiengesellschaft FI’s holdings in Campbell’s were worth $2,007,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Ameritas Advisory Services LLC acquired a new position in Campbell’s during the second quarter worth $25,000. Manchester Capital Management LLC raised its position in Campbell’s by 923.2% during the first quarter. Manchester Capital Management LLC now owns 706 shares of the company’s stock worth $28,000 after acquiring an additional 637 shares during the period. ORG Partners LLC raised its position in Campbell’s by 77.3% during the second quarter. ORG Partners LLC now owns 906 shares of the company’s stock worth $29,000 after acquiring an additional 395 shares during the period. NBC Securities Inc. acquired a new position in Campbell’s during the first quarter worth $31,000. Finally, Geneos Wealth Management Inc. raised its position in Campbell’s by 333.3% during the first quarter. Geneos Wealth Management Inc. now owns 975 shares of the company’s stock worth $39,000 after acquiring an additional 750 shares during the period. 52.35% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on CPB. Argus cut shares of Campbell’s from a “buy” rating to a “hold” rating in a research report on Friday, June 20th. Wells Fargo & Company increased their target price on shares of Campbell’s from $32.00 to $34.00 and gave the company an “equal weight” rating in a research report on Thursday, September 25th. Sanford C. Bernstein increased their target price on shares of Campbell’s from $38.00 to $39.00 and gave the company an “outperform” rating in a research report on Thursday, September 4th. Barclays reduced their target price on shares of Campbell’s from $35.00 to $30.00 and set an “underweight” rating for the company in a research report on Monday, July 14th. Finally, Stifel Nicolaus reduced their target price 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. Three analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and five have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus price target of $34.82.

Campbell’s Stock Performance

NASDAQ:CPB opened at $30.39 on Friday. 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 firm has a market capitalization of $9.05 billion, a price-to-earnings ratio of 15.20, a PEG ratio of 10.39 and a beta of 0.02. The company’s 50-day moving average is $32.45 and its two-hundred day moving average is $33.78. The Campbell’s Company has a 1-year low of $29.39 and a 1-year high of $49.11.

Campbell’s (NASDAQ:CPB) last posted its earnings results on Wednesday, September 3rd. The company reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.57 by $0.05. Campbell’s had a net margin of 5.87% and a return on equity of 22.95%. The company had revenue of $2.32 billion for the quarter, compared to analyst estimates of $2.33 billion. During the same period in the previous year, the business posted $3.08 EPS. Campbell’s’s revenue was up 1.2% on a year-over-year basis. Campbell’s has set its FY 2026 guidance at 2.400-2.550 EPS. Analysts forecast that The Campbell’s Company will post 3.15 EPS for the current year.

Campbell’s Dividend Announcement

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

Campbell’s Company 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.