Thompson Siegel & Walmsley LLC Buys Shares of 1,327,538 The Campbell’s Company $CPB

Thompson Siegel & Walmsley LLC purchased a new position in shares of The Campbell’s Company (NASDAQ:CPB) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 1,327,538 shares of the company’s stock, valued at approximately $36,998,000. Thompson Siegel & Walmsley LLC owned about 0.45% of Campbell’s at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Stance Capital LLC purchased a new stake in Campbell’s in the 3rd quarter worth approximately $27,000. Geneos Wealth Management Inc. lifted its stake in shares of Campbell’s by 333.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 975 shares of the company’s stock worth $39,000 after purchasing an additional 750 shares during the period. Flagship Harbor Advisors LLC acquired a new stake in shares of Campbell’s during the fourth quarter worth $29,000. IFP Advisors Inc acquired a new stake in shares of Campbell’s during the third quarter worth $37,000. Finally, Rothschild Investment LLC grew its position in shares of Campbell’s by 85.5% in the third quarter. Rothschild Investment LLC now owns 1,271 shares of the company’s stock valued at $40,000 after purchasing an additional 586 shares during the period. 52.35% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

CPB has been the topic of several recent analyst reports. Wells Fargo & Company downgraded Campbell’s from an “equal weight” rating to an “underweight” rating and reduced their target price for the stock from $20.00 to $18.00 in a research report on Wednesday, April 8th. Morgan Stanley dropped their price objective on shares of Campbell’s from $25.00 to $23.00 and set an “equal weight” rating for the company in a research note on Thursday, April 23rd. Sanford C. Bernstein lowered shares of Campbell’s from an “outperform” rating to a “market perform” rating and cut their price objective for the stock from $27.00 to $21.00 in a report on Monday, April 27th. Bank of America decreased their target price on shares of Campbell’s from $26.00 to $23.00 and set an “underperform” rating on the stock in a research report on Thursday, March 12th. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on shares of Campbell’s from $23.00 to $20.00 and set a “hold” rating for the company in a report on Monday, March 30th. One research analyst has rated the stock with a Buy rating, thirteen have issued a Hold rating and seven have issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus target price of $24.59.

Campbell’s Price Performance

CPB stock opened at $21.11 on Monday. The company has a market cap of $6.29 billion, a PE ratio of 11.54 and a beta of 0.02. The company has a current ratio of 1.01, a quick ratio of 0.51 and a debt-to-equity ratio of 1.66. The stock has a 50-day moving average price of $20.85 and a two-hundred day moving average price of $25.30. The Campbell’s Company has a 12-month low of $19.56 and a 12-month high of $35.00.

Campbell’s (NASDAQ:CPB) last released its quarterly earnings data on Wednesday, March 11th. The company reported $0.51 EPS for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.06). The firm had revenue of $2.56 billion during the quarter. Campbell’s had a return on equity of 19.96% and a net margin of 5.48%.Campbell’s’s revenue for the quarter was down 4.5% on a year-over-year basis. During the same quarter last year, the business posted $0.74 EPS. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. As a group, research analysts predict that The Campbell’s Company will post 2.18 EPS for the current year.

Campbell’s Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 3rd. Stockholders of record on Thursday, July 2nd will be given a $0.39 dividend. The ex-dividend date of this dividend is Thursday, July 2nd. This represents a $1.56 annualized dividend and a dividend yield of 7.4%. Campbell’s’s dividend payout ratio is presently 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.