Campbell’s (NASDAQ:CPB) Shares Down 5.3% Following Analyst Downgrade

The Campbell’s Company (NASDAQ:CPB) traded down 5.3% during trading on Tuesday after Stephens lowered their price target on the stock from $40.00 to $38.00. Stephens currently has an overweight rating on the stock. Campbell’s traded as low as $28.73 and last traded at $28.4460. 6,919,180 shares changed hands during mid-day trading, an increase of 44% from the average session volume of 4,814,140 shares. The stock had previously closed at $30.04.

CPB has been the subject of a number of other reports. Morgan Stanley decreased their price objective on Campbell’s from $33.00 to $30.00 and set an “equal weight” rating for the company in a report on Friday. UBS Group decreased their price target on Campbell’s from $30.00 to $28.00 and set a “sell” rating for the company in a research note on Thursday, December 4th. Bank of America raised their price target on Campbell’s from $29.00 to $30.00 and gave the company an “underperform” rating in a report on Thursday, September 4th. Sanford C. Bernstein upped their price objective on shares of Campbell’s from $38.00 to $39.00 and gave the stock an “outperform” rating in a report on Thursday, September 4th. Finally, Cowen reiterated a “hold” rating on shares of Campbell’s in a research report on Thursday, September 4th. Three research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and five have issued a Sell rating to the stock. According to data from MarketBeat.com, Campbell’s has an average rating of “Reduce” and an average target price of $34.00.

Institutional Trading of Campbell’s

Several institutional investors have recently modified their holdings of CPB. Two Sigma Investments LP lifted its position in shares of Campbell’s by 534.8% in the 3rd quarter. Two Sigma Investments LP now owns 4,937,170 shares of the company’s stock valued at $155,916,000 after acquiring an additional 4,159,398 shares in the last quarter. Massachusetts Financial Services Co. MA purchased a new position in Campbell’s during the 3rd quarter worth approximately $77,940,000. Invesco Ltd. raised its stake in Campbell’s by 42.6% during the 3rd quarter. Invesco Ltd. now owns 7,995,733 shares of the company’s stock valued at $252,505,000 after purchasing an additional 2,387,575 shares during the period. UBS Group AG lifted its holdings in shares of Campbell’s by 175.7% in the third quarter. UBS Group AG now owns 3,730,947 shares of the company’s stock valued at $117,823,000 after purchasing an additional 2,377,488 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its holdings in shares of Campbell’s by 287.5% in the third quarter. Arrowstreet Capital Limited Partnership now owns 2,377,390 shares of the company’s stock valued at $75,078,000 after purchasing an additional 1,763,870 shares in the last quarter. Institutional investors and hedge funds own 52.35% of the company’s stock.

Campbell’s Trading Down 5.4%

The company has a quick ratio of 0.28, a current ratio of 0.77 and a debt-to-equity ratio of 1.56. The firm has a market cap of $8.46 billion, a price-to-earnings ratio of 14.25, a PEG ratio of 10.32 and a beta of -0.05. The company has a 50-day moving average price of $30.66 and a 200 day moving average price of $31.85.

Campbell’s (NASDAQ:CPB) last announced its quarterly earnings data on Tuesday, December 9th. The company reported $0.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.73 by $0.04. Campbell’s had a return on equity of 22.95% and a net margin of 5.87%.The firm had revenue of $2.68 billion during the quarter. Campbell’s’s quarterly revenue was down 3.4% on a year-over-year basis. Campbell’s has set its FY 2026 guidance at 2.400-2.550 EPS. As a group, research analysts anticipate that The Campbell’s Company will post 3.15 earnings per share for the current fiscal year.

Campbell’s Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, February 2nd. Investors 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 dividend on an annualized basis and a yield of 5.5%. Campbell’s’s payout ratio is presently 78.00%.

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.