Fox Run Management L.L.C. Acquires Shares of 28,789 The Campbell’s Company $CPB

Fox Run Management L.L.C. acquired a new stake in shares of The Campbell’s Company (NASDAQ:CPB) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 28,789 shares of the company’s stock, valued at approximately $882,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Metis Global Partners LLC lifted its stake in Campbell’s by 5.1% in the 2nd quarter. Metis Global Partners LLC now owns 17,749 shares of the company’s stock worth $544,000 after purchasing an additional 854 shares in the last quarter. Savant Capital LLC increased its holdings in shares of Campbell’s by 20.9% in the second quarter. Savant Capital LLC now owns 15,457 shares of the company’s stock worth $474,000 after purchasing an additional 2,669 shares during the last quarter. Resona Asset Management Co. Ltd. lifted its position in shares of Campbell’s by 0.5% in the second quarter. Resona Asset Management Co. Ltd. now owns 97,380 shares of the company’s stock worth $2,986,000 after buying an additional 522 shares in the last quarter. First Horizon Advisors Inc. boosted its stake in Campbell’s by 17.7% during the second quarter. First Horizon Advisors Inc. now owns 4,011 shares of the company’s stock valued at $123,000 after buying an additional 603 shares during the last quarter. Finally, Hussman Strategic Advisors Inc. lifted its position in Campbell’s by 12.5% during the second quarter. Hussman Strategic Advisors Inc. now owns 189,000 shares of the company’s stock valued at $5,793,000 after purchasing an additional 21,000 shares during the last quarter. Institutional investors own 52.35% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on CPB. Piper Sandler restated 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. Stifel Nicolaus reduced their price target on Campbell’s from $38.00 to $34.00 and set a “hold” rating on the stock in a report on Tuesday, July 29th. Weiss Ratings reissued a “hold (c-)” rating on shares of Campbell’s in a research note on Wednesday, October 8th. JPMorgan Chase & Co. started coverage on Campbell’s in a research report on Wednesday, August 20th. They issued a “neutral” rating and a $33.00 price objective on the stock. Finally, TD Cowen lifted their target price on Campbell’s from $29.00 to $31.00 and gave the stock a “hold” rating in a research report on Thursday, September 4th. Three research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and five have given a Sell rating to the company. Based on data from MarketBeat.com, Campbell’s currently has an average rating of “Reduce” and an average price target of $34.82.

Campbell’s Trading Up 2.3%

CPB opened at $30.74 on Monday. The firm has a market cap of $9.15 billion, a price-to-earnings ratio of 15.37, a PEG ratio of 10.41 and a beta of 0.01. The company has a current ratio of 0.77, a quick ratio of 0.28 and a debt-to-equity ratio of 1.56. The Campbell’s Company has a 12 month low of $29.39 and a 12 month high of $46.95. The stock has a fifty day moving average price of $31.70 and a 200-day moving average price of $32.58.

Campbell’s (NASDAQ:CPB) last announced 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. The company had revenue of $2.32 billion during the quarter, compared to the consensus estimate of $2.33 billion. Campbell’s had a net margin of 5.87% and a return on equity of 22.95%. Campbell’s’s revenue was up 1.2% compared to the same quarter last year. During the same period last year, the firm earned $3.08 earnings per share. Campbell’s has set its FY 2026 guidance at 2.400-2.550 EPS. As a group, equities research analysts anticipate that The Campbell’s Company will post 3.15 earnings per share for the current fiscal year.

Campbell’s Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, November 3rd. Shareholders of record on Thursday, October 2nd were paid a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 5.1%. The ex-dividend date was Thursday, October 2nd. Campbell’s’s payout ratio is presently 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.