SummitTX Capital L.P. Has $4.71 Million Stake in The Campbell’s Company $CPB

SummitTX Capital L.P. boosted its position in shares of The Campbell’s Company (NASDAQ:CPB) by 14.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 211,613 shares of the company’s stock after acquiring an additional 26,305 shares during the quarter. SummitTX Capital L.P. owned 0.07% of Campbell’s worth $4,713,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of CPB. Los Angeles Capital Management LLC acquired a new position in shares of Campbell’s during the 4th quarter worth about $29,000. Geneos Wealth Management Inc. lifted 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 valued at $39,000 after purchasing an additional 750 shares during the last quarter. Sittner & Nelson LLC bought a new position in Campbell’s during the fourth quarter worth about $29,000. Flagship Harbor Advisors LLC acquired a new position in Campbell’s during the fourth quarter worth approximately $29,000. Finally, Ankerstar Wealth LLC bought a new stake in Campbell’s in the fourth quarter valued at approximately $29,000. Institutional investors own 52.35% of the company’s stock.

Campbell’s Stock Performance

NASDAQ:CPB opened at $22.37 on Tuesday. The stock has a fifty day moving average price of $21.76 and a 200-day moving average price of $23.20. The company has a market cap of $6.67 billion, a price-to-earnings ratio of 11.07 and a beta of 0.02. The company has a debt-to-equity ratio of 1.53, a quick ratio of 0.38 and a current ratio of 0.87. The Campbell’s Company has a fifty-two week low of $19.56 and a fifty-two week high of $34.17.

Campbell’s (NASDAQ:CPB) last issued its quarterly earnings results on Monday, June 8th. The company reported $0.50 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.02. The company had revenue of $2.37 billion for the quarter. Campbell’s had a return on equity of 18.04% and a net margin of 6.12%.The firm’s revenue for the quarter was down 4.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.22 EPS. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. As a group, equities analysts anticipate that The Campbell’s Company will post 2.18 EPS for the current fiscal year.

Campbell’s Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, August 3rd. Shareholders of record on Thursday, July 2nd will be issued a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 7.0%. The ex-dividend date of this dividend is Thursday, July 2nd. Campbell’s’s dividend payout ratio (DPR) is currently 77.23%.

Analyst Ratings Changes

Several brokerages have recently commented on CPB. BTIG Research reiterated a “neutral” rating on shares of Campbell’s in a research note on Monday, June 8th. DA Davidson raised Campbell’s to a “hold” rating in a report on Monday, July 6th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Campbell’s in a research report on Tuesday, June 30th. Morgan Stanley decreased their price objective on shares of Campbell’s from $23.00 to $21.00 and set an “equal weight” rating on the stock in a report on Friday, June 5th. Finally, Wells Fargo & Company lowered shares of Campbell’s from an “equal weight” rating to an “underweight” rating and dropped their price objective for the company from $20.00 to $18.00 in a research report on Wednesday, April 8th. Twelve analysts have rated the stock with a Hold rating and eight have issued a Sell rating to the company. Based on data from MarketBeat.com, Campbell’s currently has a consensus rating of “Reduce” and a consensus price target of $22.00.

Campbell’s 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.