Massachusetts Financial Services Co. MA Invests $77.94 Million in The Campbell’s Company $CPB

Massachusetts Financial Services Co. MA acquired a new position in shares of The Campbell’s Company (NASDAQ:CPB) in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund acquired 2,468,022 shares of the company’s stock, valued at approximately $77,940,000. Massachusetts Financial Services Co. MA owned about 0.83% of Campbell’s at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of CPB. State Street Corp raised its holdings in shares of Campbell’s by 1.3% in the second quarter. State Street Corp now owns 11,960,359 shares of the company’s stock worth $366,585,000 after acquiring an additional 149,679 shares during the last quarter. Invesco Ltd. raised its stake in Campbell’s by 12.9% in the 2nd quarter. Invesco Ltd. now owns 5,608,158 shares of the company’s stock valued at $171,890,000 after purchasing an additional 642,490 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Campbell’s by 2.2% in the 2nd quarter. Geode Capital Management LLC now owns 5,576,573 shares of the company’s stock valued at $170,279,000 after purchasing an additional 121,777 shares in the last quarter. LSV Asset Management boosted its stake in shares of Campbell’s by 1.8% during the 2nd quarter. LSV Asset Management now owns 3,941,400 shares of the company’s stock worth $120,804,000 after purchasing an additional 71,200 shares during the last quarter. Finally, Ensign Peak Advisors Inc grew its holdings in shares of Campbell’s by 10.9% during the second quarter. Ensign Peak Advisors Inc now owns 2,429,607 shares of the company’s stock worth $74,467,000 after buying an additional 238,062 shares in the last quarter. Institutional investors and hedge funds own 52.35% of the company’s stock.

Insider Activity at Campbell’s

In other news, EVP Anthony Sanzio sold 2,700 shares of the firm’s stock in a transaction on Friday, January 9th. The shares were sold at an average price of $26.51, for a total value of $71,577.00. Following the transaction, the executive vice president owned 25,264 shares of the company’s stock, valued at approximately $669,748.64. This trade represents a 9.66% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Charles A. Brawley III sold 11,550 shares of Campbell’s stock in a transaction 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 transaction, the executive vice president owned 43,777 shares in the company, valued at $1,231,884.78. The trade was a 20.88% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 19.78% of the company’s stock.

Campbell’s Trading Up 1.5%

CPB stock opened at $26.46 on Wednesday. The company has a quick ratio of 0.34, a current ratio of 0.82 and a debt-to-equity ratio of 1.54. The company has a market cap of $7.89 billion, a price-to-earnings ratio of 13.71, a PEG ratio of 9.15 and a beta of -0.04. The business has a fifty day simple moving average of $28.69 and a 200-day simple moving average of $30.72. The Campbell’s Company has a 52 week low of $25.62 and a 52 week high of $43.85.

Campbell’s (NASDAQ:CPB) last issued its earnings results on Tuesday, December 9th. The company reported $0.77 earnings per share for the quarter, beating analysts’ consensus estimates of $0.73 by $0.04. The firm had revenue of $2.68 billion for the quarter. Campbell’s had a return on equity of 21.84% and a net margin of 5.69%.The company’s quarterly revenue was down 3.4% compared to the same quarter last year. Campbell’s has set its FY 2026 guidance at 2.400-2.550 EPS. On average, equities research analysts expect that The Campbell’s Company will post 3.15 EPS for the current year.

Campbell’s Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, February 2nd. Investors of record on Thursday, January 8th will be given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 5.9%. The ex-dividend date of this dividend is Thursday, January 8th. Campbell’s’s dividend payout ratio is 80.83%.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. Stephens reduced their price objective on shares of Campbell’s from $40.00 to $38.00 and set an “overweight” rating on the stock in a research note on Monday, December 8th. Weiss Ratings lowered Campbell’s from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, January 5th. UBS Group decreased their price objective on Campbell’s from $28.00 to $26.00 and set a “sell” rating on the stock in a report on Wednesday, December 10th. Royal Bank Of Canada dropped their target price on Campbell’s from $35.00 to $30.00 and set a “sector perform” rating for the company in a research note on Wednesday, December 10th. Finally, Morgan Stanley reduced their target price on Campbell’s from $30.00 to $28.00 and set a “cautious” rating on the stock in a research report on Friday. Three analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and six have issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus price target of $32.29.

Campbell’s Company Profile

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.