The Campbell’s Company $CPB Shares Purchased by Kestra Investment Management LLC

Kestra Investment Management LLC grew its holdings in shares of The Campbell’s Company (NASDAQ:CPB) by 71.9% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 63,137 shares of the company’s stock after buying an additional 26,410 shares during the quarter. Kestra Investment Management LLC’s holdings in Campbell’s were worth $1,252,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Uhlmann Price Securities LLC raised its holdings in shares of Campbell’s by 12.7% in the 3rd quarter. Uhlmann Price Securities LLC now owns 12,685 shares of the company’s stock worth $252,000 after acquiring an additional 1,429 shares during the last quarter. Kornitzer Capital Management Inc. KS boosted its stake in Campbell’s by 13.5% during the 3rd quarter. Kornitzer Capital Management Inc. KS now owns 88,620 shares of the company’s stock valued at $1,757,000 after purchasing an additional 10,550 shares during the last quarter. Alps Advisors Inc. boosted its stake in Campbell’s by 29.1% during the 3rd quarter. Alps Advisors Inc. now owns 101,602 shares of the company’s stock valued at $2,211,000 after purchasing an additional 22,877 shares during the last quarter. Kestra Advisory Services LLC boosted its stake in Campbell’s by 57.1% during the 3rd quarter. Kestra Advisory Services LLC now owns 55,299 shares of the company’s stock valued at $1,097,000 after purchasing an additional 20,108 shares during the last quarter. Finally, Verity Asset Management Inc. increased its holdings in Campbell’s by 34.9% during the 3rd quarter. Verity Asset Management Inc. now owns 14,107 shares of the company’s stock worth $280,000 after purchasing an additional 3,651 shares in the last quarter. 52.35% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

CPB has been the topic of a number of recent research reports. Zacks Research lowered Campbell’s from a “hold” rating to a “strong sell” rating in a report on Wednesday, September 9th. Argus raised Campbell’s to a “hold” rating in a research report on Wednesday, September 30th. BTIG Research reiterated a “neutral” rating on shares of Campbell’s in a report on Friday, September 4th. Weiss Ratings lowered Campbell’s from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, October 8th. Finally, Royal Bank Of Canada lowered their price target on Campbell’s from $21.00 to $19.00 and set a “sector perform” rating for the company in a research report on Friday, September 4th. Twelve investment analysts have rated the stock with a Hold rating and eight have given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Reduce” and an average price target of $19.88.

Campbell’s Trading Down 1.2%

Shares of CPB stock opened at $22.59 on Wednesday. The Campbell’s Company has a 52-week low of $18.60 and a 52-week high of $32.04. The company has a debt-to-equity ratio of 1.60, a quick ratio of 0.33 and a current ratio of 0.82. The company has a 50-day simple moving average of $20.77 and a two-hundred day simple moving average of $22.38. The company has a market capitalization of $6.74 billion, a price-to-earnings ratio of 17.24, a PEG ratio of 2.69 and a beta of 0.06.

Campbell’s (NASDAQ:CPB) last posted its earnings results on Thursday, September 3rd. The company reported $0.39 EPS for the quarter, hitting the consensus estimate of $0.39. Campbell’s had a net margin of 4.04% and a return on equity of 16.44%. The firm had revenue of $2.14 billion for the quarter. During the same period in the prior year, the business earned $0.62 EPS. Campbell’s’s quarterly revenue was down 7.9% compared to the same quarter last year. Campbell’s has set its FY 2027 guidance at 1.650-1.800 EPS. Research analysts anticipate that The Campbell’s Company will post 1.70 EPS for the current fiscal year.

Campbell’s Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, November 2nd. Investors of record on Thursday, October 1st were given a dividend of $0.25 per share. The ex-dividend date was Thursday, October 1st. This is a decrease from Campbell’s’s previous quarterly dividend of $0.39. This represents a $1.00 annualized dividend and a yield of 4.4%. Campbell’s’s dividend payout ratio (DPR) is currently 76.34%.

Campbell’s Company Profile

The Campbell’s Company, formerly known as Campbell Soup Company, makes and markets packaged foods and beverages. Its products include soups, sauces, pasta, shelf-stable meals, snacks and beverages, sold under brands such as Campbell’s, Prego, Pace, V8, Goldfish, Pepperidge Farm and Snyder’s of Hanover. Founded in 1869, the company became known for popularizing condensed soup. Today, it serves consumers primarily in the United States and Canada, with products also sold in other markets. Campbell’s is led by President and Chief Executive Officer Mick Beekhuizen, who assumed the role in 2025.