HUB Investment Partners LLC Invests $517,000 in The Campbell’s Company $CPB

HUB Investment Partners LLC bought a new stake in The Campbell’s Company (NASDAQ:CPB) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 23,194 shares of the company’s stock, valued at approximately $517,000.

Other hedge funds have also added to or reduced their stakes in the company. MGO One Seven LLC acquired a new position in shares of Campbell’s in the second quarter valued at about $220,000. Jacobi Capital Management LLC bought a new position in shares of Campbell’s during the second quarter worth approximately $213,000. Kornitzer Capital Management Inc. KS raised its position in shares of Campbell’s by 83.8% in the second quarter. Kornitzer Capital Management Inc. KS now owns 78,070 shares of the company’s stock valued at $1,739,000 after buying an additional 35,600 shares in the last quarter. Assetmark Inc. boosted its stake in shares of Campbell’s by 73.6% in the second quarter. Assetmark Inc. now owns 17,043 shares of the company’s stock valued at $380,000 after buying an additional 7,226 shares during the period. Finally, Chicago Partners Investment Group LLC grew its position in Campbell’s by 72.6% during the second quarter. Chicago Partners Investment Group LLC now owns 28,452 shares of the company’s stock worth $609,000 after buying an additional 11,972 shares in the last quarter. 52.35% of the stock is owned by institutional investors and hedge funds.

Campbell’s Price Performance

Shares of CPB stock opened at $23.17 on Friday. The company has a quick ratio of 0.38, a current ratio of 0.87 and a debt-to-equity ratio of 1.53. The Campbell’s Company has a twelve month low of $19.56 and a twelve month high of $34.17. The company has a market cap of $6.91 billion, a P/E ratio of 11.47 and a beta of 0.02. The business has a fifty day simple moving average of $22.31 and a 200 day simple moving average of $22.86.

Campbell’s (NASDAQ:CPB) last posted its earnings results on Monday, June 8th. The company reported $0.50 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.02. The firm had revenue of $2.37 billion during the quarter. Campbell’s had a net margin of 6.12% and a return on equity of 18.04%. The firm’s revenue was down 4.4% compared to the same quarter last year. During the same period last year, the company posted $0.22 EPS. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. On average, sell-side analysts forecast that The Campbell’s Company will post 2.18 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have commented on CPB shares. UBS Group lowered their price objective on Campbell’s from $19.00 to $17.00 and set a “sell” rating on the stock in a research note on Tuesday, June 9th. Stifel Nicolaus raised their price target on Campbell’s from $20.00 to $22.00 and gave the stock a “hold” rating in a research report on Wednesday, July 22nd. Zacks Research raised Campbell’s from a “strong sell” rating to a “hold” rating in a research note on Monday, August 10th. BTIG Research reaffirmed a “neutral” rating on shares of Campbell’s in a research report on Monday, June 8th. Finally, Bank of America decreased their target price on shares of Campbell’s from $20.00 to $18.00 and set an “underperform” rating on the stock in a report on Tuesday, June 9th. Twelve research analysts have rated the stock with a Hold rating and seven have issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus price target of $21.20.

Campbell’s 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.