LSV Asset Management Cuts Stock Holdings in The Campbell’s Company $CPB

LSV Asset Management reduced its position in shares of The Campbell’s Company (NASDAQ:CPB) by 1.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,776,404 shares of the company’s stock after selling 71,296 shares during the period. LSV Asset Management owned approximately 1.27% of Campbell’s worth $105,248,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. State Street Corp increased its holdings in Campbell’s by 1.3% in the second quarter. State Street Corp now owns 11,960,359 shares of the company’s stock valued at $366,585,000 after buying an additional 149,679 shares in the last quarter. Invesco Ltd. increased its holdings in Campbell’s by 42.6% in the third quarter. Invesco Ltd. now owns 7,995,733 shares of the company’s stock valued at $252,505,000 after buying an additional 2,387,575 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in 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 buying an additional 928,843 shares in the last quarter. Two Sigma Investments LP increased its holdings in Campbell’s by 534.8% in the third quarter. Two Sigma Investments LP now owns 4,937,170 shares of the company’s stock valued at $155,916,000 after buying an additional 4,159,398 shares in the last quarter. Finally, UBS Group AG increased its holdings in Campbell’s by 175.7% in the third quarter. UBS Group AG now owns 3,730,947 shares of the company’s stock valued at $117,823,000 after buying an additional 2,377,488 shares in the last quarter. 52.35% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

CPB has been the subject of a number of research analyst reports. BNP Paribas Exane dropped their target price on shares of Campbell’s from $22.00 to $19.00 and set an “underperform” rating for the company in a report on Thursday, April 9th. DA Davidson dropped their target price on shares of Campbell’s from $30.00 to $20.00 and set a “neutral” rating for the company in a report on Friday. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Campbell’s in a report on Thursday, April 2nd. BTIG Research initiated coverage on shares of Campbell’s in a report on Monday, April 13th. They issued a “neutral” rating for the company. Finally, UBS Group dropped their target price on shares of Campbell’s from $24.00 to $20.00 and set a “sell” rating for the company in a report on Friday, March 13th. One research analyst has rated the stock with a Buy rating, fourteen have given a Hold rating and seven have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Campbell’s has a consensus rating of “Reduce” and a consensus price target of $25.50.

Campbell’s Stock Up 2.6%

CPB stock opened at $20.58 on Friday. The Campbell’s Company has a 12 month low of $19.56 and a 12 month high of $35.00. The company’s 50 day simple moving average is $20.94 and its 200-day simple moving average is $25.67. The firm has a market capitalization of $6.14 billion, a PE ratio of 11.25 and a beta of 0.01. The company has a debt-to-equity ratio of 1.66, a current ratio of 1.01 and a quick ratio of 0.51.

Campbell’s (NASDAQ:CPB) last announced its earnings results on Wednesday, March 11th. The company reported $0.51 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.06). Campbell’s had a return on equity of 19.96% and a net margin of 5.48%.The firm had revenue of $2.56 billion for the quarter. During the same quarter in the prior year, the business posted $0.74 EPS. The business’s revenue was down 4.5% compared to the same quarter last year. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. Equities analysts expect that The Campbell’s Company will post 2.18 earnings per share for the current fiscal year.

Campbell’s Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, August 3rd. Investors of record on Thursday, July 2nd will be given a dividend of $0.39 per share. The ex-dividend date is Thursday, July 2nd. This represents a $1.56 dividend on an annualized basis and a yield of 7.6%. Campbell’s’s dividend payout ratio (DPR) is 85.25%.

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.