Hamel Associates Inc. Sells 80,880 Shares of The Campbell’s Company $CPB

Hamel Associates Inc. trimmed its stake in shares of The Campbell’s Company (NASDAQ:CPB) by 78.8% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,775 shares of the company’s stock after selling 80,880 shares during the quarter. Hamel Associates Inc.’s holdings in Campbell’s were worth $667,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Ameritas Advisory Services LLC acquired a new stake in Campbell’s during the 2nd quarter valued at approximately $25,000. Manchester Capital Management LLC increased its position in shares of 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 buying an additional 637 shares during the period. ORG Partners LLC raised its stake in Campbell’s by 77.3% during the second quarter. ORG Partners LLC now owns 906 shares of the company’s stock worth $29,000 after buying an additional 395 shares during the last quarter. SBI Securities Co. Ltd. raised its stake in Campbell’s by 66.8% during the second quarter. SBI Securities Co. Ltd. now owns 961 shares of the company’s stock worth $29,000 after buying an additional 385 shares during the last quarter. Finally, Geneos Wealth Management Inc. lifted its holdings 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 buying an additional 750 shares during the period. 52.35% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the company. Sanford C. Bernstein lifted their price objective on Campbell’s from $38.00 to $39.00 and gave the stock an “outperform” rating in a research report on Thursday, September 4th. DA Davidson set a $30.00 target price on Campbell’s in a research note on Monday, November 17th. Morgan Stanley boosted their price target on 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 boosted their target price on Campbell’s from $29.00 to $30.00 and gave the company an “underperform” rating in a research report on Thursday, September 4th. Finally, Wells Fargo & Company boosted their price target 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. Three research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and five have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Reduce” and a consensus price target of $34.59.

Campbell’s Price Performance

Shares of NASDAQ CPB opened at $30.57 on Friday. The company has a market capitalization of $9.10 billion, a PE ratio of 15.28, a PEG ratio of 10.41 and a beta of 0.01. 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 stock’s 50 day moving average price is $31.00 and its 200-day moving average price is $32.09. The Campbell’s Company has a twelve month low of $29.39 and a twelve month high of $46.38.

Campbell’s (NASDAQ:CPB) last issued 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 business had revenue of $2.32 billion for the quarter, compared to analyst estimates of $2.33 billion. Campbell’s had a return on equity of 22.95% and a net margin of 5.87%.Campbell’s’s quarterly revenue was up 1.2% compared to the same quarter last year. During the same period last year, the company posted $3.08 earnings per share. Campbell’s has set its FY 2026 guidance at 2.400-2.550 EPS. On average, equities analysts anticipate that The Campbell’s Company will post 3.15 EPS for the current year.

Campbell’s Dividend Announcement

The business also recently declared 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. The ex-dividend date is Thursday, January 8th. This represents a $1.56 annualized dividend and a yield of 5.1%. Campbell’s’s dividend payout ratio is presently 78.00%.

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.