Campbell’s (NASDAQ:CPB) Shares Down 8% – Here’s What Happened

The Campbell’s Company (NASDAQ:CPB) traded down 8% during mid-day trading on Tuesday . The stock traded as low as $27.25 and last traded at $27.1290. 2,836,113 shares changed hands during trading, a decline of 59% from the average session volume of 6,984,752 shares. The stock had previously closed at $29.49.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. Stephens dropped their price target on shares of Campbell’s from $40.00 to $38.00 and set an “overweight” rating on the stock in a research note on Monday, December 8th. Barclays set a $27.00 target price on Campbell’s in a research report on Friday, January 16th. Weiss Ratings downgraded Campbell’s from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, January 5th. Sanford C. Bernstein lowered their price objective 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. Finally, UBS Group reduced their target price on shares of Campbell’s from $28.00 to $26.00 and set a “sell” rating for the company in a report on Wednesday, December 10th. Three investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and six have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and a consensus price target of $32.29.

Campbell’s Stock Performance

The stock has a market capitalization of $8.04 billion, a PE ratio of 13.97, a PEG ratio of 9.67 and a beta of -0.04. The company has a current ratio of 0.82, a quick ratio of 0.34 and a debt-to-equity ratio of 1.54. The business’s 50 day moving average is $27.67 and its 200 day moving average is $30.17.

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

Insider Transactions at Campbell’s

In other news, EVP Charles A. Brawley III sold 11,550 shares of the business’s stock in a transaction dated Tuesday, December 30th. The stock was sold at an average price of $28.14, for a total value of $325,017.00. Following the completion of the transaction, the executive vice president owned 43,777 shares of the company’s stock, valued at $1,231,884.78. The trade was a 20.88% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Anthony Sanzio sold 2,700 shares of Campbell’s stock in a transaction that occurred on Friday, January 9th. The shares were sold at an average price of $26.51, for a total value of $71,577.00. Following the transaction, the executive vice president owned 25,264 shares of the company’s stock, valued at approximately $669,748.64. This represents a 9.66% 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.

Institutional Investors Weigh In On Campbell’s

Several institutional investors and hedge funds have recently added to or reduced their stakes in CPB. State Street Corp lifted its stake in shares of Campbell’s by 1.3% in the second quarter. State Street Corp now owns 11,960,359 shares of the company’s stock worth $366,585,000 after buying an additional 149,679 shares in the last quarter. Invesco Ltd. increased its position in Campbell’s by 21.6% during the fourth quarter. Invesco Ltd. now owns 9,719,409 shares of the company’s stock worth $270,880,000 after purchasing an additional 1,723,676 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in Campbell’s by 26.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 8,305,417 shares of the company’s stock valued at $231,477,000 after purchasing an additional 1,758,460 shares during the last quarter. Geode Capital Management LLC increased its stake in Campbell’s by 2.2% during the 2nd quarter. Geode Capital Management LLC now owns 5,576,573 shares of the company’s stock worth $170,279,000 after buying an additional 121,777 shares during the period. Finally, Two Sigma Investments LP raised its position in 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 purchasing an additional 4,159,398 shares in the last quarter. Institutional investors and hedge funds own 52.35% of the company’s stock.

Campbell’s Company 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.