Campbell’s (NASDAQ:CPB) EVP Charles Brawley III Sells 11,550 Shares of Stock

The Campbell’s Company (NASDAQ:CPB) EVP Charles Brawley III sold 11,550 shares of the firm’s stock in a transaction on Tuesday, December 30th. The shares were sold at an average price of $28.14, for a total value of $325,017.00. Following the completion of the sale, the executive vice president owned 43,777 shares in the company, valued at approximately $1,231,884.78. This represents a 20.88% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Campbell’s Stock Down 0.4%

Shares of NASDAQ:CPB traded down $0.10 on Wednesday, hitting $27.96. 1,623,730 shares of the company’s stock were exchanged, compared to its average volume of 4,935,292. The Campbell’s Company has a 1-year low of $27.64 and a 1-year high of $43.85. The company has a market capitalization of $8.33 billion, a PE ratio of 14.49, a P/E/G ratio of 9.85 and a beta of -0.05. 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 firm’s 50-day moving average is $29.85 and its 200 day moving average is $31.22.

Campbell’s (NASDAQ:CPB) last announced its quarterly earnings results on Tuesday, December 9th. The company reported $0.77 EPS for the quarter, topping 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 for the quarter. The company’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. Sell-side analysts predict that The Campbell’s Company will post 3.15 EPS for the current year.

Campbell’s Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, February 2nd. Stockholders of record on Thursday, January 8th will be issued a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 5.6%. The ex-dividend date of this dividend is Thursday, January 8th. Campbell’s’s dividend payout ratio is presently 80.83%.

Wall Street Analyst Weigh In

CPB has been the topic of a number of recent research reports. Cowen restated a “hold” rating on shares of Campbell’s in a research note on Thursday, September 4th. Bank of America boosted their price target on Campbell’s from $29.00 to $30.00 and gave the company an “underperform” rating in a research report on Thursday, September 4th. 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 research report on Friday, December 5th. UBS Group dropped their target price on Campbell’s from $28.00 to $26.00 and set a “sell” rating on the stock in a report on Wednesday, December 10th. Finally, Sanford C. Bernstein decreased their price target on Campbell’s from $39.00 to $33.00 and set an “outperform” rating for the company in a report on Wednesday, December 10th. Three research 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. According to data from MarketBeat, the company currently has a consensus rating of “Reduce” and an average target price of $32.59.

Institutional Investors Weigh In On Campbell’s

A number of institutional investors and hedge funds have recently bought and sold shares of CPB. Vident Advisory LLC lifted its position in shares of Campbell’s by 48.5% in the first quarter. Vident Advisory LLC now owns 9,006 shares of the company’s stock valued at $360,000 after acquiring an additional 2,941 shares in the last quarter. Caption Management LLC acquired a new position in Campbell’s in the 1st quarter valued at about $479,000. PDT Partners LLC purchased a new position in Campbell’s in the 1st quarter valued at about $375,000. EP Wealth Advisors LLC lifted its holdings in Campbell’s by 47.3% in the 1st quarter. EP Wealth Advisors LLC now owns 8,546 shares of the company’s stock valued at $341,000 after purchasing an additional 2,746 shares in the last quarter. Finally, Chiron Capital Management LLC acquired a new stake in shares of Campbell’s during the 1st quarter worth about $263,000. Hedge funds and other institutional investors own 52.35% of the company’s stock.

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.