The Campbell’s Company $CPB Shares Bought by Wedmont Private Capital

Wedmont Private Capital grew its holdings in shares of The Campbell’s Company (NASDAQ:CPB) by 840.4% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 68,808 shares of the company’s stock after purchasing an additional 61,491 shares during the quarter. Wedmont Private Capital’s holdings in Campbell’s were worth $2,141,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Ameritas Advisory Services LLC acquired a new position in Campbell’s in the second quarter valued at $25,000. ORG Partners LLC increased its stake in shares of Campbell’s by 77.3% during the 2nd quarter. ORG Partners LLC now owns 906 shares of the company’s stock valued at $29,000 after acquiring an additional 395 shares during the last quarter. SBI Securities Co. Ltd. increased its stake in shares of Campbell’s by 66.8% during the 2nd quarter. SBI Securities Co. Ltd. now owns 961 shares of the company’s stock valued at $29,000 after acquiring an additional 385 shares during the last quarter. Parvin Asset Management LLC purchased a new position in shares of Campbell’s during the 2nd quarter worth about $35,000. Finally, Geneos Wealth Management Inc. boosted its position in shares of Campbell’s by 333.3% in the first quarter. Geneos Wealth Management Inc. now owns 975 shares of the company’s stock worth $39,000 after acquiring an additional 750 shares during the last quarter. Hedge funds and other institutional investors own 52.35% of the company’s stock.

Campbell’s Trading Up 0.1%

NASDAQ:CPB opened at $28.71 on Thursday. The stock has a market cap of $8.56 billion, a price-to-earnings ratio of 14.88, a price-to-earnings-growth ratio of 10.03 and a beta of -0.05. The Campbell’s Company has a one year low of $27.85 and a one year 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 business’s 50-day simple moving average is $30.25 and its 200 day simple moving average is $31.60.

Campbell’s (NASDAQ:CPB) last released its quarterly earnings results on Tuesday, December 9th. The company reported $0.77 earnings per share for the quarter, topping analysts’ consensus estimates of $0.73 by $0.04. The business had revenue of $2.68 billion during the quarter. Campbell’s had a net margin of 5.69% and a return on equity of 21.84%. Campbell’s’s quarterly revenue 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 The Campbell’s Company will post 3.15 earnings per share for the current fiscal year.

Campbell’s Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, February 2nd. Stockholders of record on Thursday, January 8th will be given a dividend of $0.39 per share. The ex-dividend date of this dividend is Thursday, January 8th. This represents a $1.56 annualized dividend and a dividend yield of 5.4%. Campbell’s’s dividend payout ratio (DPR) is presently 80.83%.

Analysts Set New Price Targets

A number of analysts have recently commented on CPB shares. Royal Bank Of Canada dropped their price objective on Campbell’s from $35.00 to $30.00 and set a “sector perform” rating for the company in a report on Wednesday, December 10th. UBS Group dropped their price target on Campbell’s from $28.00 to $26.00 and set a “sell” rating for the company in a research note on Wednesday, December 10th. Stifel Nicolaus cut their price objective on Campbell’s from $34.00 to $30.00 and set a “hold” rating on the stock in a report on Wednesday, December 10th. Cowen reiterated a “hold” rating on shares of Campbell’s in a report on Thursday, September 4th. Finally, Bank of America increased their target price on shares of Campbell’s from $29.00 to $30.00 and gave the stock an “underperform” rating in a research report on Thursday, September 4th. Three investment analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and five have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Campbell’s currently has an average rating of “Reduce” and an average price target of $32.59.

Campbell’s Company Profile

The Campbell’s Company, formerly known as Campbell Soup Company, together with its subsidiaries, manufactures and markets food and beverage products in the United States and internationally. The company operates through Meals & Beverages and Snacks segments. The Meals & Beverages segment engages in the retail and foodservice businesses in the United States and Canada.