Stratos Wealth Partners LTD. Purchases 8,609 Shares of The Campbell’s Company $CPB

Stratos Wealth Partners LTD. boosted its position in shares of The Campbell’s Company (NASDAQ:CPB) by 71.2% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 20,695 shares of the company’s stock after purchasing an additional 8,609 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in Campbell’s were worth $634,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Ameritas Advisory Services LLC acquired a new position in shares of Campbell’s in the 2nd quarter valued at $25,000. Manchester Capital Management LLC lifted 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 worth $28,000 after acquiring an additional 637 shares in the last quarter. ORG Partners LLC grew its stake in Campbell’s by 77.3% in 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. grew its stake in Campbell’s by 333.3% in 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 shares of Campbell’s in the first quarter worth about $47,000. 52.35% of the stock is currently owned by institutional investors and hedge funds.

Campbell’s Stock Performance

Shares of CPB opened at $31.38 on Thursday. The Campbell’s Company has a 12 month low of $29.39 and a 12 month high of $48.25. The firm has a fifty day simple moving average of $32.16 and a 200 day simple moving average of $33.29. The stock has a market capitalization of $9.34 billion, a price-to-earnings ratio of 15.69, a PEG ratio of 10.79 and a beta of 0.02. The company has a current ratio of 0.77, a quick ratio of 0.28 and a debt-to-equity ratio of 1.56.

Campbell’s (NASDAQ:CPB) last issued its quarterly earnings results on Wednesday, September 3rd. The company reported $0.62 earnings per share (EPS) 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 firm 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 earned $3.08 EPS. The company’s revenue was up 1.2% compared to the same quarter last year. Campbell’s has set its FY 2026 guidance at 2.400-2.550 EPS. Research analysts forecast that The Campbell’s Company will post 3.15 EPS for the current fiscal year.

Campbell’s Dividend Announcement

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

Wall Street Analysts Forecast Growth

CPB has been the topic of several recent analyst reports. Weiss Ratings reiterated a “hold (c-)” rating on shares of Campbell’s in a report on Wednesday, October 8th. Morgan Stanley lifted their price target on shares of Campbell’s from $32.00 to $33.00 and gave the company an “equal weight” rating in a research note on Friday, September 5th. Bank of America upped their price target on shares of Campbell’s from $29.00 to $30.00 and gave the company an “underperform” rating in a report on Thursday, September 4th. Zacks Research upgraded shares of Campbell’s from a “strong sell” rating to a “hold” rating in a report on Monday, October 6th. Finally, TD Cowen upped their target price on shares of Campbell’s from $29.00 to $31.00 and gave the stock a “hold” rating in a research note on Thursday, September 4th. Three analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and five have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Reduce” and an average price target of $34.82.

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.