Chevy Chase Trust Holdings LLC Has $3.19 Million Stake in The Campbell’s Company $CPB

Chevy Chase Trust Holdings LLC boosted its holdings in shares of The Campbell’s Company (NASDAQ:CPB) by 0.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 104,200 shares of the company’s stock after buying an additional 764 shares during the quarter. Chevy Chase Trust Holdings LLC’s holdings in Campbell’s were worth $3,194,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of CPB. Ameritas Advisory Services LLC bought a new stake in Campbell’s during the second quarter valued at about $25,000. Manchester Capital Management LLC boosted its holdings in Campbell’s by 923.2% during the first quarter. Manchester Capital Management LLC now owns 706 shares of the company’s stock valued at $28,000 after acquiring an additional 637 shares during the period. ORG Partners LLC boosted its holdings in Campbell’s by 77.3% during the second quarter. ORG Partners LLC now owns 906 shares of the company’s stock valued at $29,000 after acquiring an additional 395 shares during the period. Geneos Wealth Management Inc. boosted its holdings in Campbell’s by 333.3% during the first quarter. Geneos Wealth Management Inc. now owns 975 shares of the company’s stock valued at $39,000 after acquiring an additional 750 shares during the period. Finally, Banque Cantonale Vaudoise bought a new stake in Campbell’s during the first quarter valued at about $47,000. 52.35% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

CPB has been the subject of a number of recent analyst reports. Sanford C. Bernstein upped their price target on shares of Campbell’s from $38.00 to $39.00 and gave the company an “outperform” rating in a report on Thursday, September 4th. Weiss Ratings restated a “hold (c-)” rating on shares of Campbell’s in a report on Wednesday, October 8th. 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 note on Thursday, September 25th. 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 note on Tuesday, July 29th. Finally, Cowen reiterated a “hold” rating on shares of Campbell’s in a research note on Thursday, September 4th. Three investment analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and five have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus price target of $34.82.

Campbell’s Stock Up 0.5%

Shares of CPB opened at $31.02 on Tuesday. The stock has a market cap of $9.23 billion, a price-to-earnings ratio of 15.51, a P/E/G ratio of 10.72 and a beta of 0.02. The company has a quick ratio of 0.28, a current ratio of 0.77 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 $48.54. The company has a 50-day moving average price of $32.20 and a two-hundred day moving average price of $33.32.

Campbell’s (NASDAQ:CPB) last announced its quarterly earnings results on Wednesday, September 3rd. The company reported $0.62 EPS for the quarter, topping analysts’ consensus estimates of $0.57 by $0.05. The firm had revenue of $2.32 billion during the quarter, compared to analysts’ expectations of $2.33 billion. Campbell’s had a net margin of 5.87% and a return on equity of 22.95%. The company’s revenue for the quarter was up 1.2% compared to the same quarter last year. During the same quarter last year, the company earned $3.08 earnings per share. Campbell’s has set its FY 2026 guidance at 2.400-2.550 EPS. Equities analysts predict that The Campbell’s Company will post 3.15 EPS for the current fiscal year.

Campbell’s Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 3rd. Stockholders of record on Thursday, October 2nd will be issued a dividend of $0.39 per share. The ex-dividend date of this dividend is Thursday, October 2nd. This represents a $1.56 annualized dividend and a dividend yield of 5.0%. Campbell’s’s dividend payout ratio (DPR) is presently 78.00%.

About Campbell’s

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.