The Campbell’s Company $CPB Shares Bought by Hillman Capital Management Inc.

Hillman Capital Management Inc. grew its holdings in The Campbell’s Company (NASDAQ:CPB) by 83.7% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 173,034 shares of the company’s stock after buying an additional 78,824 shares during the period. Campbell’s accounts for approximately 3.2% of Hillman Capital Management Inc.’s portfolio, making the stock its 11th largest position. Hillman Capital Management Inc. owned about 0.06% of Campbell’s worth $5,464,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. State Street Corp boosted its holdings in Campbell’s by 1.3% in the 2nd quarter. State Street Corp now owns 11,960,359 shares of the company’s stock valued at $366,585,000 after purchasing an additional 149,679 shares in the last quarter. Invesco Ltd. increased its holdings in shares of Campbell’s by 42.6% in the 3rd quarter. Invesco Ltd. now owns 7,995,733 shares of the company’s stock valued at $252,505,000 after purchasing an additional 2,387,575 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Campbell’s by 16.5% in the third quarter. Dimensional Fund Advisors LP now owns 6,546,957 shares of the company’s stock valued at $206,738,000 after purchasing an additional 928,843 shares during the period. Geode Capital Management LLC lifted its stake in shares of Campbell’s by 2.2% in the second quarter. Geode Capital Management LLC now owns 5,576,573 shares of the company’s stock valued at $170,279,000 after purchasing an additional 121,777 shares during the period. Finally, Two Sigma Investments LP boosted its holdings in Campbell’s by 534.8% during the third quarter. Two Sigma Investments LP now owns 4,937,170 shares of the company’s stock worth $155,916,000 after buying an additional 4,159,398 shares in the last quarter. Hedge funds and other institutional investors own 52.35% of the company’s stock.

Insiders Place Their Bets

In other Campbell’s 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 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 approximately $1,231,884.78. The trade was a 20.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, 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 transaction, the executive vice president owned 25,264 shares in the company, valued at approximately $669,748.64. This trade represents a 9.66% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 19.78% of the stock is currently owned by company insiders.

Key Headlines Impacting Campbell’s

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

• Positive Sentiment: Appointment of Joshua Levine as Chief Investor Relations Officer could improve investor communication and help reset expectations. Campbell’s Appoints Joshua Levine Chief Investor Relations Officer
• Positive Sentiment: Sanford C. Bernstein kept an “outperform” stance (though cut its PT), signaling that some analysts still see upside from here. Bernstein Maintains Outperform
• Neutral Sentiment: DA Davidson reaffirmed coverage with a $30 price target, which implies significant upside but keeps a cautious posture. DA Davidson Reaffirms Neutral
• Neutral Sentiment: Several brokers trimmed price targets (Deutsche Bank to $23, Morgan Stanley to $25, Stifel to $25, RBC to $26) and shifted ratings to hold/sector perform — these are mixed signals that reduce near-term upside but stop short of broad sell recommendations. Analyst Price Target Changes
• Negative Sentiment: Q2 results disappointed: EPS missed, revenue fell ~5% Y/Y and organic sales declined ~3%; management lowered FY26 guidance (EPS range 2.15–2.25), prompting analysts to cut forecasts. This is the primary driver of the sell-side reaction. Campbell’s posts one of worst quarters
• Negative Sentiment: UBS moved to a “sell” rating and lowered its target to $20 — a direct negative catalyst because that PT sits below the current market price and signals increased downside from a major broker. UBS Downgrade
• Negative Sentiment: Wells Fargo downgraded CPB as part of a broader caution on packaged-food names, citing inflation, weak consumption and promotional pressure — adds sector-level headwinds to company-specific issues. Wells Fargo Downgrade
• Negative Sentiment: Analysts and market commentators describe the quarter as one of Campbell’s weakest in years; shares already gapped down after the print and analyst model cuts suggest pressure on near-term earnings and dividend coverage. Market Reaction to Weak Quarter

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on CPB shares. Royal Bank Of Canada lowered their target price on shares of Campbell’s from $30.00 to $26.00 and set a “sector perform” rating on the stock in a research report on Thursday. Sanford C. Bernstein lowered their price target on Campbell’s from $33.00 to $27.00 and set an “outperform” rating on the stock in a report on Thursday. TD Cowen dropped their price objective on Campbell’s from $29.00 to $24.00 and set a “hold” rating for the company in a research note on Thursday. Jefferies Financial Group reaffirmed a “hold” rating and set a $26.00 price objective on shares of Campbell’s in a report on Monday, March 2nd. Finally, Morgan Stanley lowered their target price on Campbell’s from $27.00 to $25.00 and set an “equal weight” rating on the stock in a report on Thursday. Two investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and seven have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus price target of $27.65.

Campbell’s Price Performance

Shares of NASDAQ:CPB opened at $21.71 on Monday. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.51 and a current ratio of 1.01. The business’s fifty day moving average price is $26.76 and its two-hundred day moving average price is $29.34. The stock has a market cap of $6.47 billion, a PE ratio of 11.86, a price-to-earnings-growth ratio of 8.43 and a beta of -0.02. The Campbell’s Company has a one year low of $21.59 and a one year high of $40.59.

Campbell’s (NASDAQ:CPB) last posted its quarterly earnings results on Wednesday, March 11th. The company reported $0.51 earnings per share for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.06). The company had revenue of $2.56 billion for the quarter. Campbell’s had a return on equity of 19.96% and a net margin of 5.48%.The firm’s revenue for the quarter was down 4.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.74 earnings per share. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. On average, analysts forecast that The Campbell’s Company will post 3.15 EPS for the current fiscal year.

Campbell’s Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, May 4th. Investors of record on Thursday, April 2nd will be given a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 7.2%. The ex-dividend date of this dividend is Thursday, April 2nd. Campbell’s’s dividend payout ratio (DPR) is 85.25%.

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.