Inlet Private Wealth LLC Grows Stock Position in The Campbell’s Company $CPB

Inlet Private Wealth LLC grew its holdings in The Campbell’s Company (NASDAQ:CPB) by 36.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 94,650 shares of the company’s stock after acquiring an additional 25,430 shares during the quarter. Inlet Private Wealth LLC’s holdings in Campbell’s were worth $2,989,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Campbell’s by 3.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,472 shares of the company’s stock worth $777,000 after purchasing an additional 685 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Campbell’s by 4.3% in the first quarter. Goldman Sachs Group Inc. now owns 660,543 shares of the company’s stock worth $26,369,000 after buying an additional 27,374 shares during the last quarter. Empowered Funds LLC purchased a new position in shares of Campbell’s in the first quarter worth $446,000. Woodline Partners LP lifted its stake in shares of Campbell’s by 40.9% during the first quarter. Woodline Partners LP now owns 16,623 shares of the company’s stock worth $664,000 after buying an additional 4,827 shares during the period. Finally, Geneos Wealth Management Inc. grew its holdings in shares of Campbell’s by 333.3% during the first quarter. Geneos Wealth Management Inc. now owns 975 shares of the company’s stock valued at $39,000 after buying an additional 750 shares during the last quarter. Institutional investors and hedge funds own 52.35% of the company’s stock.

Campbell’s Trading Up 0.9%

Campbell’s stock opened at $26.79 on Friday. The firm has a market cap of $7.99 billion, a PE ratio of 13.88, a P/E/G ratio of 9.32 and a beta of -0.04. The Campbell’s Company has a 12 month low of $25.62 and a 12 month high of $43.85. The stock’s 50 day simple moving average is $28.41 and its two-hundred day simple moving average is $30.63. The company has a current ratio of 0.82, a quick ratio of 0.34 and a debt-to-equity ratio of 1.54.

Campbell’s (NASDAQ:CPB) last posted its earnings results on Tuesday, December 9th. The company reported $0.77 earnings per share 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 firm had revenue of $2.68 billion during the quarter. The firm’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. Analysts anticipate that The Campbell’s Company will post 3.15 earnings per share for the current year.

Campbell’s Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, February 2nd. Stockholders of record on Thursday, January 8th will be paid a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 5.8%. The ex-dividend date of this dividend is Thursday, January 8th. Campbell’s’s dividend payout ratio is presently 80.83%.

Analysts Set New Price Targets

CPB has been the subject of a number of research reports. Barclays set a $27.00 price target on Campbell’s in a research report on Friday, January 16th. UBS Group decreased their target price on Campbell’s from $28.00 to $26.00 and set a “sell” rating for the company in a report on Wednesday, December 10th. DA Davidson reiterated a “neutral” rating and issued a $30.00 price target on shares of Campbell’s in a report on Thursday, December 11th. Morgan Stanley reduced their price target on shares of Campbell’s from $30.00 to $28.00 and set a “cautious” rating for the company in a research report on Friday, January 16th. Finally, Royal Bank Of Canada dropped their price objective on shares of Campbell’s from $35.00 to $30.00 and set a “sector perform” rating on the stock in a report on Wednesday, December 10th. Three research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and six have given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Reduce” and an average target price of $32.29.

Insider Transactions at Campbell’s

In other Campbell’s news, EVP Charles A. Brawley III sold 11,550 shares of the firm’s stock in a transaction that occurred on Tuesday, December 30th. The stock was sold at an average price of $28.14, for a total value of $325,017.00. Following the sale, the executive vice president directly owned 43,777 shares of the company’s stock, valued at approximately $1,231,884.78. This trade represents a 20.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Anthony Sanzio sold 2,700 shares of the company’s stock in a transaction that occurred on Friday, January 9th. The stock was sold at an average price of $26.51, for a total value of $71,577.00. Following the transaction, the executive vice president directly owned 25,264 shares of the company’s stock, valued at approximately $669,748.64. The trade was a 9.66% 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.

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.