The Campbell’s Company $CPB Shares Acquired by Inlet Private Wealth LLC

Inlet Private Wealth LLC lifted its stake in shares of The Campbell’s Company (NASDAQ:CPB) by 36.7% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 94,650 shares of the company’s stock after purchasing an additional 25,430 shares during the period. Inlet Private Wealth LLC’s holdings in Campbell’s were worth $2,989,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Massachusetts Financial Services Co. MA purchased a new stake in Campbell’s during the 3rd quarter worth approximately $77,940,000. Norges Bank acquired a new stake in shares of Campbell’s in the second quarter worth approximately $40,967,000. Qube Research & Technologies Ltd increased its position in shares of Campbell’s by 2,283.9% during the second quarter. Qube Research & Technologies Ltd now owns 1,154,599 shares of the company’s stock worth $35,388,000 after purchasing an additional 1,106,166 shares in the last quarter. Worldquant Millennium Advisors LLC raised its stake in Campbell’s by 596.3% in the 2nd quarter. Worldquant Millennium Advisors LLC now owns 1,086,092 shares of the company’s stock valued at $33,289,000 after purchasing an additional 930,120 shares during the last quarter. Finally, Jump Financial LLC lifted its holdings in Campbell’s by 5,100.8% in the 2nd quarter. Jump Financial LLC now owns 917,949 shares of the company’s stock valued at $28,135,000 after purchasing an additional 900,299 shares in the last quarter. 52.35% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other Campbell’s news, EVP Anthony Sanzio sold 2,700 shares of the stock in a transaction dated Friday, January 9th. The shares were sold at an average price of $26.51, for a total transaction of $71,577.00. Following the completion of the transaction, the executive vice president owned 25,264 shares of the company’s stock, valued at $669,748.64. This trade represents a 9.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Charles A. Brawley III sold 11,550 shares of the business’s stock in a transaction that occurred on 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 directly owned 43,777 shares in the company, valued at $1,231,884.78. This trade represents a 20.88% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 19.78% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Sanford C. Bernstein dropped their target price on shares of Campbell’s from $39.00 to $33.00 and set an “outperform” rating for the company in a report on Wednesday, December 10th. Stifel Nicolaus set a $30.00 price objective on shares of Campbell’s and gave the company a “hold” rating in a research note on Tuesday, December 9th. Weiss Ratings downgraded shares of Campbell’s from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, January 5th. Stephens lowered their target price on Campbell’s from $40.00 to $38.00 and set an “overweight” rating on the stock in a report on Monday, December 8th. Finally, Zacks Research raised Campbell’s from a “strong sell” rating to a “hold” rating in a report on Monday, October 6th. Three analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and six have assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Reduce” and a consensus price target of $32.29.

Campbell’s Stock Up 0.9%

CPB stock opened at $26.79 on Friday. The Campbell’s Company has a one year low of $25.62 and a one year high of $43.85. The firm has a market cap of $7.99 billion, a PE ratio of 13.88, a PEG ratio of 9.32 and a beta of -0.04. The firm’s 50 day moving average price is $28.41 and its 200-day moving average price is $30.63. The company has a debt-to-equity ratio of 1.54, a quick ratio of 0.34 and a current ratio of 0.82.

Campbell’s (NASDAQ:CPB) last posted 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 company had revenue of $2.68 billion during the quarter. Campbell’s’s revenue for the quarter 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. On average, equities research analysts anticipate that The Campbell’s Company will post 3.15 EPS for the current year.

Campbell’s Announces Dividend

The business 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. 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 5.8%. Campbell’s’s dividend payout ratio is presently 80.83%.

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.