Campbell’s (NASDAQ:CPB) Hits New 12-Month Low – Should You Sell?

The Campbell’s Company (NASDAQ:CPB) hit a new 52-week low on Friday . The stock traded as low as $27.61 and last traded at $27.7370, with a volume of 857628 shares changing hands. The stock had previously closed at $27.87.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Cowen reaffirmed a “hold” rating on shares of Campbell’s in a research note on Thursday, September 4th. Morgan Stanley reduced their price objective on shares of Campbell’s from $33.00 to $30.00 and set an “equal weight” rating on the stock in a research note on Friday, December 5th. Sanford C. Bernstein cut their target price on Campbell’s from $39.00 to $33.00 and set an “outperform” rating on the stock in a research report on Wednesday, December 10th. Weiss Ratings reissued a “hold (c-)” rating on shares of Campbell’s in a research report on Wednesday, October 8th. Finally, DA Davidson restated a “neutral” rating and issued a $30.00 price objective on shares of Campbell’s in a research note on Thursday, December 11th. Three research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and five have given a Sell rating to the stock. Based on data from MarketBeat, Campbell’s presently has a consensus rating of “Reduce” and an average price target of $32.59.

Campbell’s Price Performance

The business’s 50-day simple moving average is $29.71 and its 200-day simple moving average is $31.18. The company has a quick ratio of 0.34, a current ratio of 0.82 and a debt-to-equity ratio of 1.54. The stock has a market cap of $8.28 billion, a PE ratio of 14.37, a PEG ratio of 9.75 and a beta of -0.04.

Campbell’s (NASDAQ:CPB) last announced its earnings results 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 21.84% and a net margin of 5.69%.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. On average, research analysts expect that The Campbell’s Company will post 3.15 EPS for the current fiscal year.

Campbell’s Announces Dividend

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

Insider Activity

In other news, EVP Charles A. Brawley III sold 11,550 shares of the company’s stock in a transaction dated Tuesday, December 30th. The shares were sold at an average price of $28.14, for a total transaction of $325,017.00. Following the completion of the sale, the executive vice president owned 43,777 shares of the company’s stock, valued at $1,231,884.78. This represents a 20.88% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 19.78% of the stock is currently owned by corporate insiders.

Institutional Trading of Campbell’s

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. grew its position in shares of Campbell’s by 51.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,547,831 shares of the company’s stock valued at $48,881,000 after acquiring an additional 526,276 shares during the period. Allworth Financial LP grew its holdings in Campbell’s by 4.4% during the third quarter. Allworth Financial LP now owns 17,050 shares of the company’s stock valued at $538,000 after purchasing an additional 718 shares during the period. IFP Advisors Inc purchased a new stake in Campbell’s in the third quarter worth about $37,000. CIBC Bancorp USA Inc. bought a new position in shares of Campbell’s in the third quarter worth about $2,073,000. Finally, Achmea Investment Management B.V. lifted its position in shares of Campbell’s by 2.3% during the 3rd quarter. Achmea Investment Management B.V. now owns 22,916 shares of the company’s stock valued at $724,000 after buying an additional 510 shares in the last quarter. 52.35% of the stock is owned by hedge funds and other institutional investors.

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.