The Campbell’s Company $CPB Shares Purchased by Lifeworks Advisors LLC

Lifeworks Advisors LLC boosted its stake in The Campbell’s Company (NASDAQ:CPB) by 15.8% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 273,679 shares of the company’s stock after buying an additional 37,329 shares during the period. Lifeworks Advisors LLC owned approximately 0.09% of Campbell’s worth $6,095,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Campbell’s by 3.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,472 shares of the company’s stock valued at $777,000 after acquiring an additional 685 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Campbell’s by 4.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 660,543 shares of the company’s stock valued at $26,369,000 after acquiring an additional 27,374 shares during the period. Empowered Funds LLC acquired a new position in shares of Campbell’s in the 1st quarter worth approximately $446,000. Woodline Partners LP lifted its holdings in shares of Campbell’s by 40.9% in the 1st quarter. Woodline Partners LP now owns 16,623 shares of the company’s stock worth $664,000 after acquiring an additional 4,827 shares during the last quarter. Finally, Geneos Wealth Management Inc. boosted its position 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. Institutional investors and hedge funds own 52.35% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the stock. Morgan Stanley dropped their target price on shares of Campbell’s from $23.00 to $21.00 and set an “equal weight” rating for the company in a report on Friday, June 5th. BTIG Research restated a “neutral” rating on shares of Campbell’s in a research report on Monday, June 8th. Sanford C. Bernstein reaffirmed an “underperform” rating and issued a $19.00 price objective (down from $21.00) on shares of Campbell’s in a research note on Tuesday, June 9th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Campbell’s in a report on Tuesday, June 30th. Finally, UBS Group decreased their target price on Campbell’s from $19.00 to $17.00 and set a “sell” rating on the stock in a research note on Tuesday, June 9th. Twelve research analysts have rated the stock with a Hold rating and eight have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and an average target price of $21.88.

Campbell’s Price Performance

Campbell’s stock opened at $22.07 on Monday. The company has a quick ratio of 0.38, a current ratio of 0.87 and a debt-to-equity ratio of 1.53. The Campbell’s Company has a 52-week low of $19.56 and a 52-week high of $34.17. The firm has a market cap of $6.58 billion, a PE ratio of 10.93 and a beta of 0.02. The company’s 50 day moving average is $21.44 and its two-hundred day moving average is $23.64.

Campbell’s (NASDAQ:CPB) last posted its quarterly earnings results on Monday, June 8th. The company reported $0.50 EPS for the quarter, topping the consensus estimate of $0.48 by $0.02. Campbell’s had a net margin of 6.12% and a return on equity of 18.04%. The business had revenue of $2.37 billion during the quarter. During the same quarter last year, the firm earned $0.22 EPS. The business’s revenue was down 4.4% on a year-over-year basis. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. On average, research analysts expect that The Campbell’s Company will post 2.18 EPS for the current fiscal year.

Campbell’s Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, August 3rd. Shareholders of record on Thursday, July 2nd will be issued a dividend of $0.39 per share. The ex-dividend date is Thursday, July 2nd. This represents a $1.56 annualized dividend and a yield of 7.1%. Campbell’s’s dividend payout ratio is 77.23%.

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.