Campbell’s (NASDAQ:CPB) Sets New 52-Week Low – What’s Next?

The Campbell’s Company (NASDAQ:CPB)’s share price hit a new 52-week low during trading on Wednesday . The stock traded as low as $20.68 and last traded at $20.7630, with a volume of 1401051 shares trading hands. The stock had previously closed at $20.91.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on CPB shares. Deutsche Bank Aktiengesellschaft lowered their target price on Campbell’s from $28.00 to $23.00 and set a “hold” rating for the company in a report on Thursday, March 12th. UBS Group reduced their price objective on shares of Campbell’s from $24.00 to $20.00 and set a “sell” rating for the company in a research report on Friday, March 13th. Stephens lowered their price objective on shares of Campbell’s from $40.00 to $38.00 and set an “overweight” rating for the company in a research note on Monday, December 8th. Zacks Research downgraded shares of Campbell’s from a “hold” rating to a “strong sell” rating in a research report on Thursday, March 12th. Finally, Royal Bank Of Canada reduced their price target on shares of Campbell’s from $30.00 to $26.00 and set a “sector perform” rating for the company in a report on Thursday, March 12th. Two investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and seven have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce” and an average target price of $27.65.

Campbell’s Trading Down 1.2%

The company has a debt-to-equity ratio of 1.66, a current ratio of 1.01 and a quick ratio of 0.51. The firm has a fifty day simple moving average of $26.01 and a 200-day simple moving average of $28.78. The firm has a market cap of $6.16 billion, a P/E ratio of 11.29 and a beta of -0.03.

Campbell’s (NASDAQ:CPB) last released its quarterly earnings data on Wednesday, March 11th. The company reported $0.51 EPS for the quarter, missing the consensus estimate of $0.57 by ($0.06). Campbell’s had a net margin of 5.48% and a return on equity of 19.96%. The firm had revenue of $2.56 billion for the quarter. During the same period last year, the company posted $0.74 EPS. The firm’s quarterly revenue was down 4.5% on a year-over-year basis. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. On average, equities research analysts expect that The Campbell’s Company will post 3.15 earnings per share for the current year.

Campbell’s Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, May 4th. Shareholders of record on Thursday, April 2nd will be issued a dividend of $0.39 per share. The ex-dividend date is Thursday, April 2nd. This represents a $1.56 annualized dividend and a yield of 7.6%. Campbell’s’s dividend payout ratio is presently 85.25%.

Insider Transactions at Campbell’s

In other Campbell’s news, EVP Anthony Sanzio sold 2,700 shares of Campbell’s stock in a transaction dated Friday, January 9th. The stock was sold at an average price of $26.51, for a total transaction of $71,577.00. Following the completion of the transaction, the executive vice president owned 25,264 shares in the company, valued at approximately $669,748.64. The trade was a 9.66% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Charles A. Brawley III sold 11,550 shares of the business’s stock in a transaction that occurred on Tuesday, December 30th. The stock was sold at an average price of $28.14, for a total value of $325,017.00. Following the sale, the executive vice president directly owned 43,777 shares of the company’s stock, valued at $1,231,884.78. This represents a 20.88% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 19.78% of the stock is owned by company insiders.

Institutional Investors Weigh In On Campbell’s

Several institutional investors have recently bought and sold shares of CPB. State Street Corp lifted its stake in Campbell’s by 1.3% during the 2nd quarter. State Street Corp now owns 11,960,359 shares of the company’s stock valued at $366,585,000 after acquiring an additional 149,679 shares in the last quarter. Invesco Ltd. grew its stake in shares of Campbell’s by 21.6% in the 4th quarter. Invesco Ltd. now owns 9,719,409 shares of the company’s stock worth $270,880,000 after acquiring an additional 1,723,676 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Campbell’s by 26.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 8,305,417 shares of the company’s stock valued at $231,477,000 after purchasing an additional 1,758,460 shares during the last quarter. Two Sigma Investments LP lifted its position in shares of Campbell’s by 534.8% during the third quarter. Two Sigma Investments LP now owns 4,937,170 shares of the company’s stock valued at $155,916,000 after purchasing an additional 4,159,398 shares in the last quarter. Finally, UBS Group AG lifted its position in shares of Campbell’s by 175.7% during the third quarter. UBS Group AG now owns 3,730,947 shares of the company’s stock valued at $117,823,000 after purchasing an additional 2,377,488 shares in the last quarter. Institutional investors own 52.35% of the company’s stock.

About Campbell’s

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.