Campbell’s Target of Unusually High Options Trading (NASDAQ:CPB)

The Campbell’s Company (NASDAQ:CPB) was the target of unusually large options trading on Wednesday. Traders purchased 29,429 put options on the company. This is an increase of approximately 240% compared to the typical daily volume of 8,644 put options.

Analyst Upgrades and Downgrades

CPB has been the subject of several research reports. TD Cowen upped their price objective on shares of Campbell’s from $20.00 to $22.00 and gave the company a “hold” rating in a research note on Wednesday, August 19th. Evercore set a $22.00 price objective on shares of Campbell’s in a research report on Monday. Weiss Ratings raised Campbell’s from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday. JPMorgan Chase & Co. lifted their price target on Campbell’s from $20.00 to $22.00 and gave the company a “neutral” rating in a report on Tuesday, August 18th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $21.00 price objective on shares of Campbell’s in a report on Monday. Thirteen equities research analysts have rated the stock with a Hold rating and six have assigned a Sell rating to the company. Based on data from MarketBeat.com, Campbell’s currently has an average rating of “Reduce” and a consensus price target of $20.44.

Campbell’s Trading Up 1.5%

Shares of Campbell’s stock traded up $0.36 on Wednesday, hitting $24.07. 2,131,805 shares of the company’s stock traded hands, compared to its average volume of 8,077,003. The company has a fifty day moving average of $22.73 and a two-hundred day moving average of $22.44. Campbell’s has a one year low of $19.56 and a one year high of $34.17. The company has a debt-to-equity ratio of 1.53, a current ratio of 0.87 and a quick ratio of 0.38. The company has a market capitalization of $7.18 billion, a price-to-earnings ratio of 11.92, a price-to-earnings-growth ratio of 2.41 and a beta of 0.03.

Campbell’s (NASDAQ:CPB) last announced its quarterly earnings data on Monday, June 8th. The company reported $0.50 EPS for the quarter, beating analysts’ consensus estimates of $0.48 by $0.02. Campbell’s had a return on equity of 18.04% and a net margin of 6.12%.The firm had revenue of $2.37 billion during the quarter. During the same period last year, the business posted $0.22 EPS. The company’s 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. As a group, sell-side analysts expect that Campbell’s will post 2.18 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Los Angeles Capital Management LLC bought a new position in shares of Campbell’s during the 4th quarter valued at approximately $29,000. Geneos Wealth Management Inc. boosted its stake in Campbell’s by 333.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 975 shares of the company’s stock worth $39,000 after purchasing an additional 750 shares in the last quarter. Sittner & Nelson LLC acquired a new position in Campbell’s in the 4th quarter worth approximately $29,000. Ankerstar Wealth LLC acquired a new position in Campbell’s during the 4th quarter worth $29,000. Finally, IFP Advisors Inc purchased a new position in shares of Campbell’s in the 3rd quarter valued at about $37,000. Hedge funds and other institutional investors own 52.35% of the company’s stock.

Campbell’s Company 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.