DA Davidson Reiterates “Neutral” Rating for Campbell’s (NASDAQ:CPB)

Campbell’s (NASDAQ:CPB)‘s stock had its “neutral” rating reiterated by DA Davidson in a research report issued to clients and investors on Thursday,Benzinga reports. They currently have a $30.00 target price on the stock. DA Davidson’s price objective indicates a potential upside of 33.02% from the stock’s current price.

CPB has been the topic of a number of other reports. Stephens reduced their price objective 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. Sanford C. Bernstein lowered their target price on shares of Campbell’s from $33.00 to $27.00 and set an “outperform” rating for the company in a research note on Thursday. Morgan Stanley cut their price target on shares of Campbell’s from $27.00 to $25.00 and set an “equal weight” rating on the stock in a research report on Thursday. Wells Fargo & Company downgraded Campbell’s from an “equal weight” rating to an “underweight” rating and decreased their price target for the stock from $28.00 to $20.00 in a report on Thursday. Finally, Jefferies Financial Group reissued a “hold” rating and issued a $26.00 price objective on shares of Campbell’s in a research report on Monday, March 2nd. Two analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and six have given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Reduce” and an average target price of $29.88.

Campbell’s Trading Down 1.7%

Shares of CPB traded down $0.39 during mid-day trading on Thursday, reaching $22.55. 2,290,413 shares of the company were exchanged, compared to its average volume of 7,752,783. The business has a 50 day simple moving average of $27.00 and a two-hundred day simple moving average of $29.50. 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 stock has a market capitalization of $6.72 billion, a PE ratio of 11.67, a PEG ratio of 8.70 and a beta of -0.03. Campbell’s has a 52 week low of $22.37 and a 52 week high of $40.59.

Campbell’s (NASDAQ:CPB) last announced its earnings results on Wednesday, March 11th. The company reported $0.51 EPS for the quarter, missing the consensus estimate of $0.57 by ($0.06). The company had revenue of $2.56 billion during the quarter. Campbell’s had a net margin of 5.69% and a return on equity of 21.84%. Campbell’s’s revenue was down 4.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.74 EPS. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. On average, analysts predict that Campbell’s will post 3.15 earnings per share for the current fiscal year.

Insider Activity

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

Hedge Funds Weigh In On Campbell’s

A number of institutional investors have recently modified their holdings of the company. Hsbc Holdings PLC raised its stake in shares of Campbell’s by 2.3% in the fourth quarter. Hsbc Holdings PLC now owns 250,246 shares of the company’s stock worth $6,979,000 after purchasing an additional 5,726 shares during the last quarter. Employees Provident Fund Board bought a new stake in Campbell’s during the fourth quarter worth $5,309,000. Alpine Global Management LLC purchased a new stake in Campbell’s in the 4th quarter valued at $259,000. Dean Capital Management raised its position in Campbell’s by 3.2% in the 4th quarter. Dean Capital Management now owns 47,973 shares of the company’s stock valued at $1,337,000 after buying an additional 1,481 shares during the last quarter. Finally, Invesco Ltd. lifted its stake in Campbell’s by 21.6% during the 4th quarter. Invesco Ltd. now owns 9,719,409 shares of the company’s stock valued at $270,880,000 after acquiring an additional 1,723,676 shares in the last quarter. 52.35% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Campbell’s

Here are the key news stories impacting Campbell’s this week:

• Positive Sentiment: Rao’s and Meals & Beverages showed in-market consumption growth, with Rao’s surpassing $1 billion in trailing 12‑month sales — a bright spot management highlighted on the call. Business Wire Q2 Release
• Positive Sentiment: The dividend yield and valuation look attractive after the share decline; institutional buying cited in coverage suggests some investors view CPB as an income/value opportunity. MarketBeat Income Watch
• Neutral Sentiment: Earnings call/transcript and slide deck are available for investors who want detail on management’s actions (cost controls, execution priorities). These materials clarify the plan but don’t change near‑term outlook. Earnings Call Transcript
• Negative Sentiment: Q2 results missed: EPS $0.51 vs. ~$0.57 expected and revenue fell ~4.5% year-over-year; management lowered FY26 EPS guidance to $2.15–2.25 versus consensus ~2.42 — the core reason for the selloff. Reuters: Cuts Forecast
• Negative Sentiment: Snacks weakness, tariffs, promotional pressure and execution issues were called out on the call and in deep-dive coverage — these trends pressure margins and near-term growth. MSN Deep Dive
• Negative Sentiment: Analysts trimmed targets and ratings after the print (Morgan Stanley and Stifel cut PTs to $25), reinforcing downside sentiment and limiting near-term upside. Benzinga: Analyst Moves
• Negative Sentiment: Market reaction pushed CPB to multi‑year lows and heavier short interest/negative momentum could keep shares pressured until evidence of snack recovery or clearer margin improvement emerges. Blockonomi: 23‑Year Low

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.