Campbell’s (NASDAQ:CPB) EVP Sells $325,017.00 in Stock

The Campbell’s Company (NASDAQ:CPBGet Free Report) EVP Charles Brawley III sold 11,550 shares of the firm’s stock in a transaction dated Tuesday, December 30th. The stock was sold at an average price of $28.14, for a total value of $325,017.00. Following the completion of the transaction, the executive vice president owned 43,777 shares of the company’s stock, valued at approximately $1,231,884.78. The trade was a 20.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Campbell’s Stock Performance

NASDAQ:CPB traded down $0.10 during midday trading on Wednesday, hitting $27.96. The company’s stock had a trading volume of 1,623,730 shares, compared to its average volume of 4,935,292. The Campbell’s Company has a fifty-two week low of $27.64 and a fifty-two week high of $43.85. The company has a debt-to-equity ratio of 1.54, a current ratio of 0.82 and a quick ratio of 0.34. The firm has a market cap of $8.33 billion, a P/E ratio of 14.49, a P/E/G ratio of 9.85 and a beta of -0.05. The firm’s 50 day moving average is $29.85 and its 200-day moving average is $31.22.

Campbell’s (NASDAQ:CPBGet Free Report) last announced its quarterly earnings data on Tuesday, December 9th. The company reported $0.77 EPS for the quarter, beating the consensus estimate of $0.73 by $0.04. Campbell’s had a net margin of 5.69% and a return on equity of 21.84%. The business had revenue of $2.68 billion during the quarter. The business’s revenue for the quarter was down 3.4% on a year-over-year basis. Campbell’s has set its FY 2026 guidance at 2.400-2.550 EPS. Equities analysts anticipate that The Campbell’s Company will post 3.15 earnings per share for the current fiscal year.

Campbell’s Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, February 2nd. Investors of record on Thursday, January 8th will be issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 5.6%. The ex-dividend date of this dividend is Thursday, January 8th. Campbell’s’s dividend payout ratio (DPR) is 80.83%.

Analyst Ratings Changes

Several equities analysts recently weighed in on the company. Stephens cut their price target on Campbell’s from $40.00 to $38.00 and set an “overweight” rating for the company in a research note on Monday, December 8th. Cowen reissued a “hold” rating on shares of Campbell’s in a research note on Thursday, September 4th. Bank of America lifted their price objective on Campbell’s from $29.00 to $30.00 and gave the stock an “underperform” rating in a research report on Thursday, September 4th. DA Davidson reaffirmed a “neutral” rating and set a $30.00 target price on shares of Campbell’s in a research note on Thursday, December 11th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Campbell’s in a research note on Wednesday, October 8th. Three equities research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and five have given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Reduce” and a consensus target price of $32.59.

Check Out Our Latest Analysis on CPB

Hedge Funds Weigh In On Campbell’s

Hedge funds have recently made changes to their positions in the stock. Ameritas Advisory Services LLC acquired a new stake in Campbell’s in the 2nd quarter valued at about $25,000. Stance Capital LLC acquired a new position in Campbell’s during the 3rd quarter worth approximately $27,000. ORG Partners LLC grew its holdings in Campbell’s by 77.3% during the 2nd quarter. ORG Partners LLC now owns 906 shares of the company’s stock worth $29,000 after acquiring an additional 395 shares in the last quarter. SBI Securities Co. Ltd. increased its position in shares of Campbell’s by 66.8% in the 2nd quarter. SBI Securities Co. Ltd. now owns 961 shares of the company’s stock valued at $29,000 after purchasing an additional 385 shares during the last quarter. Finally, Parvin Asset Management LLC acquired a new stake in shares of Campbell’s in the 2nd quarter valued at $35,000. Hedge funds and other institutional investors own 52.35% of the company’s stock.

Campbell’s Company Profile

(Get Free Report)

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.

Read More

Receive News & Ratings for Campbell's Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Campbell's and related companies with MarketBeat.com's FREE daily email newsletter.