Cambridge Investment Research Advisors Inc. Acquires 41,213 Shares of The Campbell’s Company $CPB

Cambridge Investment Research Advisors Inc. boosted its holdings in shares of The Campbell’s Company (NASDAQ:CPB) by 69.0% in the second quarter, according to its most recent filing with the SEC. The firm owned 100,935 shares of the company’s stock after acquiring an additional 41,213 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in Campbell’s were worth $2,248,000 as of its most recent filing with the SEC.

A number of other large investors also recently made changes to their positions in the stock. Two Sigma Investments LP grew its stake 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 worth $155,916,000 after purchasing an additional 4,159,398 shares during the period. Brandywine Managers LLC bought a new stake in Campbell’s in the fourth quarter valued at about $92,793,000. Lazard Asset Management LLC acquired a new position in Campbell’s in the first quarter valued at about $61,261,000. Invesco Ltd. lifted its stake in Campbell’s by 42.6% in the third quarter. Invesco Ltd. now owns 7,995,733 shares of the company’s stock valued at $252,505,000 after buying an additional 2,387,575 shares during the period. Finally, UBS Group AG boosted its holdings in Campbell’s by 175.7% during the third quarter. UBS Group AG now owns 3,730,947 shares of the company’s stock worth $117,823,000 after buying an additional 2,377,488 shares during the last quarter. Institutional investors and hedge funds own 52.35% of the company’s stock.

Analyst Ratings Changes

CPB has been the subject of several analyst reports. Sanford C. Bernstein restated an “underperform” rating and set a $19.00 target price (down from $21.00) on shares of Campbell’s in a research report on Tuesday, June 9th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Campbell’s in a research report on Tuesday, June 30th. BTIG Research reissued a “neutral” rating on shares of Campbell’s in a research note on Monday, June 8th. Bank of America decreased their price objective on shares of Campbell’s from $20.00 to $18.00 and set an “underperform” rating for the company in a report on Tuesday, June 9th. Finally, DA Davidson raised shares of Campbell’s to a “hold” rating in a research note on Monday, July 6th. Twelve investment analysts have rated the stock with a Hold rating and seven have assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Reduce” and a consensus target price of $21.20.

Campbell’s Price Performance

Shares of CPB opened at $23.28 on Friday. The stock has a 50 day simple moving average of $22.28 and a 200 day simple moving average of $22.86. The Campbell’s Company has a 52-week low of $19.56 and a 52-week high of $34.17. The company has a debt-to-equity ratio of 1.53, a quick ratio of 0.38 and a current ratio of 0.87. The firm has a market capitalization of $6.94 billion, a PE ratio of 11.52 and a beta of 0.02.

Campbell’s (NASDAQ:CPB) last announced its earnings results on Monday, June 8th. The company reported $0.50 EPS for the quarter, topping the consensus estimate of $0.48 by $0.02. Campbell’s had a net margin of 6.12% and a return on equity of 18.04%. The firm had revenue of $2.37 billion for the quarter. During the same quarter last year, the business posted $0.22 earnings per share. The business’s quarterly revenue was down 4.4% on a year-over-year basis. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. Sell-side analysts predict that The Campbell’s Company will post 2.18 EPS for the current fiscal year.

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.