HUB Investment Partners LLC Buys Shares of 23,194 The Campbell’s Company $CPB

HUB Investment Partners LLC purchased a new stake in shares of The Campbell’s Company (NASDAQ:CPB) during the second quarter, Holdings Channel reports. The fund purchased 23,194 shares of the company’s stock, valued at approximately $517,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. State Street Corp raised 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 buying an additional 149,679 shares during the last quarter. Dimensional Fund Advisors LP increased its position in Campbell’s by 23.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 10,239,231 shares of the company’s stock valued at $228,026,000 after acquiring an additional 1,933,814 shares during the period. Invesco Ltd. raised its stake in shares of Campbell’s by 21.6% during the fourth 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 during the last quarter. Two Sigma Investments LP lifted its holdings in shares of 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 purchasing an additional 4,159,398 shares during the period. Finally, UBS Group AG lifted its holdings in shares of Campbell’s by 175.7% during the third quarter. UBS Group AG now owns 3,730,947 shares of the company’s stock worth $117,823,000 after purchasing an additional 2,377,488 shares during the period. Institutional investors and hedge funds own 52.35% of the company’s stock.

Campbell’s Stock Down 0.5%

Shares of NASDAQ:CPB opened at $23.17 on Friday. The Campbell’s Company has a 1 year low of $19.56 and a 1 year high of $34.17. The company has a debt-to-equity ratio of 1.53, a current ratio of 0.87 and a quick ratio of 0.38. The business’s 50-day moving average is $22.31 and its 200-day moving average is $22.86. The company has a market capitalization of $6.91 billion, a price-to-earnings ratio of 11.47 and a beta of 0.02.

Campbell’s (NASDAQ:CPB) last issued its earnings results on Monday, June 8th. The company reported $0.50 earnings per share for the quarter, topping analysts’ consensus estimates of $0.48 by $0.02. Campbell’s had a return on equity of 18.04% and a net margin of 6.12%.The business had revenue of $2.37 billion during the quarter. During the same quarter in the previous year, the firm posted $0.22 earnings per share. The company’s revenue for the quarter was down 4.4% compared to the same quarter last year. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. Equities research analysts predict that The Campbell’s Company will post 2.18 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts recently weighed in on CPB shares. Zacks Research upgraded Campbell’s from a “strong sell” rating to a “hold” rating in a report on Monday, August 10th. Barclays reduced their price target on Campbell’s from $21.00 to $19.00 and set an “underweight” rating on the stock in a research report on Monday, June 8th. Stephens downgraded Campbell’s from an “overweight” rating to an “equal weight” rating and lowered their price objective for the stock from $28.00 to $21.00 in a research report on Monday, June 1st. BTIG Research reaffirmed a “neutral” rating on shares of Campbell’s in a research note on Monday, June 8th. Finally, Royal Bank Of Canada decreased their target price on shares of Campbell’s from $23.00 to $21.00 and set a “sector perform” rating for the company in a research report on Tuesday, June 9th. Twelve investment analysts have rated the stock with a Hold rating and seven have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus target price of $21.20.

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.