Ethic Inc. Sells 29,751 Shares of The Campbell’s Company $CPB

Ethic Inc. decreased its position in The Campbell’s Company (NASDAQ:CPB) by 34.9% during the fourth quarter, HoldingsChannel reports. The firm owned 55,480 shares of the company’s stock after selling 29,751 shares during the quarter. Ethic Inc.’s holdings in Campbell’s were worth $1,546,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of CPB. Hillman Capital Management Inc. increased its position in shares of Campbell’s by 83.7% during the third quarter. Hillman Capital Management Inc. now owns 173,034 shares of the company’s stock valued at $5,464,000 after purchasing an additional 78,824 shares during the period. Berkshire Asset Management LLC PA bought a new stake in shares of Campbell’s during the third quarter valued at approximately $1,270,000. Ashton Thomas Private Wealth LLC bought a new stake in shares of Campbell’s during the fourth quarter valued at approximately $1,596,000. Natixis Advisors LLC bought a new stake in shares of Campbell’s during the third quarter valued at approximately $12,992,000. Finally, Massachusetts Financial Services Co. MA bought a new stake in shares of Campbell’s during the third quarter valued at approximately $77,940,000. 52.35% of the stock is owned by institutional investors.

Campbell’s Stock Down 1.2%

Shares of NASDAQ:CPB opened at $20.39 on Wednesday. The Campbell’s Company has a 52 week low of $19.76 and a 52 week high of $36.03. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.51 and a current ratio of 1.01. The company has a market capitalization of $6.08 billion, a PE ratio of 11.14 and a beta of 0.01. The company has a 50 day moving average price of $21.73 and a two-hundred day moving average price of $26.23.

Campbell’s (NASDAQ:CPB) last posted its earnings results on Wednesday, March 11th. The company reported $0.51 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.06). Campbell’s had a net margin of 5.48% and a return on equity of 19.96%. The business had revenue of $2.56 billion during the quarter. During the same period last year, the firm posted $0.74 earnings per share. The company’s revenue for the quarter was down 4.5% on a year-over-year basis. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. Analysts forecast that The Campbell’s Company will post 2.19 earnings per share for the current year.

Campbell’s Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, May 4th. Stockholders of record on Thursday, April 2nd were paid a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 7.7%. The ex-dividend date was Thursday, April 2nd. Campbell’s’s dividend payout ratio is currently 85.25%.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on CPB shares. BTIG Research started coverage on shares of Campbell’s in a research report on Monday, April 13th. They set a “neutral” rating on the stock. Zacks Research lowered shares of Campbell’s from a “hold” rating to a “strong sell” rating in a research report on Thursday, March 12th. Royal Bank Of Canada cut their target price on Campbell’s from $30.00 to $26.00 and set a “sector perform” rating for the company in a research report on Thursday, March 12th. DA Davidson restated a “neutral” rating and set a $30.00 target price on shares of Campbell’s in a research report on Thursday, March 12th. Finally, Deutsche Bank Aktiengesellschaft cut their target price on Campbell’s from $23.00 to $20.00 and set a “hold” rating for the company in a research report on Monday, March 30th. One research analyst has rated the stock with a Buy rating, thirteen have assigned a Hold rating and eight have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus price target of $26.06.

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.