Campbell’s (NASDAQ:CPB) Price Target Cut to $24.00 by Analysts at UBS Group

Campbell’s (NASDAQ:CPB) had its price objective decreased by research analysts at UBS Group from $26.00 to $24.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage presently has a “sell” rating on the stock. UBS Group’s target price points to a potential downside of 6.14% from the stock’s current price.

Several other equities research analysts also recently issued reports on the company. DA Davidson reissued a “neutral” rating and issued a $30.00 price objective on shares of Campbell’s in a research report on Thursday, December 11th. Sanford C. Bernstein decreased their price target on shares of Campbell’s from $39.00 to $33.00 and set an “outperform” rating on the stock in a research report on Wednesday, December 10th. Royal Bank Of Canada cut their price objective on shares of Campbell’s from $35.00 to $30.00 and set a “sector perform” rating for the company in a research report on Wednesday, December 10th. Jefferies Financial Group reissued a “hold” rating and set a $26.00 target price on shares of Campbell’s in a research report on Monday. Finally, Weiss Ratings cut Campbell’s from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, January 5th. Two analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and five have issued a Sell rating to the company. Based on data from MarketBeat, Campbell’s has a consensus rating of “Reduce” and a consensus price target of $31.35.

Campbell’s Price Performance

NASDAQ CPB traded up $0.51 on Friday, reaching $25.57. The company’s stock had a trading volume of 5,234,323 shares, compared to its average volume of 7,313,286. Campbell’s has a twelve month low of $24.86 and a twelve month high of $43.85. The company has a debt-to-equity ratio of 1.54, a quick ratio of 0.34 and a current ratio of 0.82. The firm’s 50 day moving average is $27.27 and its two-hundred day moving average is $29.75. The stock has a market cap of $7.62 billion, a PE ratio of 13.25, a PEG ratio of 8.82 and a beta of -0.03.

Campbell’s (NASDAQ:CPB) last announced its earnings results 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 return on equity of 21.84% and a net margin of 5.69%.The business had revenue of $2.68 billion during the quarter. The firm’s revenue for the quarter was down 3.4% compared to the same quarter last year. Campbell’s has set its FY 2026 guidance at 2.400-2.550 EPS. As a group, sell-side analysts predict that Campbell’s will post 3.15 EPS for the current year.

Insider Transactions at Campbell’s

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Stance Capital LLC acquired a new stake in shares of Campbell’s during the third quarter worth $27,000. SBI Securities Co. Ltd. boosted its position in Campbell’s by 66.8% during the 2nd quarter. SBI Securities Co. Ltd. now owns 961 shares of the company’s stock worth $29,000 after buying an additional 385 shares during the period. Flagship Harbor Advisors LLC bought a new stake in Campbell’s during the 4th quarter worth approximately $29,000. Sittner & Nelson LLC acquired a new position in Campbell’s in the 4th quarter valued at approximately $29,000. Finally, Los Angeles Capital Management LLC acquired a new position in Campbell’s in the 4th quarter valued at approximately $29,000. Institutional investors and hedge funds 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.