Brokerages Set The Campbell’s Company (NASDAQ:CPB) Target Price at $34.82

Shares of The Campbell’s Company (NASDAQ:CPB) have received a consensus rating of “Reduce” from the twenty-three ratings firms that are currently covering the company, Marketbeat.com reports. Five equities research analysts have rated the stock with a sell rating, fifteen have given a hold rating and three have given a buy rating to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $34.8235.

CPB has been the topic of several research reports. TD Cowen upped their price target on Campbell’s from $29.00 to $31.00 and gave the company a “hold” rating in a research note on Thursday, September 4th. JPMorgan Chase & Co. initiated coverage on Campbell’s in a report on Wednesday, August 20th. They set a “neutral” rating and a $33.00 price objective for the company. Wells Fargo & Company upped 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. Stifel Nicolaus lowered 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. Finally, Zacks Research raised shares of Campbell’s from a “strong sell” rating to a “hold” rating in a research note on Monday, October 6th.

Campbell’s Price Performance

CPB opened at $31.23 on Tuesday. 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 stock has a market capitalization of $9.30 billion, a P/E ratio of 15.62, a price-to-earnings-growth ratio of 10.41 and a beta of 0.01. The company’s 50 day simple moving average is $31.60 and its 200-day simple moving average is $32.49. Campbell’s has a one year low of $29.39 and a one year high of $46.95.

Campbell’s (NASDAQ:CPB) last posted its quarterly earnings data 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 firm had revenue of $2.32 billion for the quarter, compared to the consensus estimate of $2.33 billion. Campbell’s had a return on equity of 22.95% and a net margin of 5.87%.The business’s revenue for the quarter was up 1.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $3.08 EPS. Campbell’s has set its FY 2026 guidance at 2.400-2.550 EPS. Sell-side analysts anticipate that Campbell’s will post 3.15 earnings per share for the current fiscal year.

Campbell’s Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, November 3rd. Shareholders of record on Thursday, October 2nd were issued a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 5.0%. The ex-dividend date of this dividend was Thursday, October 2nd. Campbell’s’s payout ratio is currently 78.00%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in CPB. Teacher Retirement System of Texas acquired a new position in Campbell’s in the first quarter valued at about $1,131,000. Xponance Inc. increased its stake in shares of Campbell’s by 1.6% in the 1st quarter. Xponance Inc. now owns 28,885 shares of the company’s stock valued at $1,153,000 after acquiring an additional 445 shares during the last quarter. Ballentine Partners LLC raised its position in shares of Campbell’s by 60.7% in the 1st quarter. Ballentine Partners LLC now owns 15,501 shares of the company’s stock valued at $619,000 after acquiring an additional 5,855 shares during the period. Stephens Inc. AR raised its position in shares of Campbell’s by 44.8% in the 1st quarter. Stephens Inc. AR now owns 126,498 shares of the company’s stock valued at $5,050,000 after acquiring an additional 39,150 shares during the period. Finally, CWM LLC boosted its stake in Campbell’s by 66.4% during the 1st quarter. CWM LLC now owns 8,503 shares of the company’s stock worth $339,000 after acquiring an additional 3,393 shares during the last quarter. 52.35% of the stock is currently owned by institutional investors.

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.