Monte Financial Group LLC Raises Stock Position in The Campbell’s Company $CPB

Monte Financial Group LLC lifted its stake in The Campbell’s Company (NASDAQ:CPB) by 17.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 178,676 shares of the company’s stock after purchasing an additional 27,150 shares during the period. Campbell’s accounts for about 2.1% of Monte Financial Group LLC’s investment portfolio, making the stock its 20th biggest holding. Monte Financial Group LLC owned about 0.06% of Campbell’s worth $5,643,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently modified their holdings of CPB. Ameritas Advisory Services LLC purchased a new stake in Campbell’s in the second quarter worth about $25,000. ORG Partners LLC raised its position in shares of Campbell’s by 77.3% in the 2nd quarter. ORG Partners LLC now owns 906 shares of the company’s stock worth $29,000 after acquiring an additional 395 shares in the last quarter. SBI Securities Co. Ltd. lifted its stake in shares of Campbell’s by 66.8% in the 2nd quarter. SBI Securities Co. Ltd. now owns 961 shares of the company’s stock valued at $29,000 after purchasing an additional 385 shares during the period. Geneos Wealth Management Inc. boosted its position in shares of Campbell’s by 333.3% during the first quarter. Geneos Wealth Management Inc. now owns 975 shares of the company’s stock valued at $39,000 after purchasing an additional 750 shares in the last quarter. Finally, Parvin Asset Management LLC purchased a new stake in Campbell’s in the second quarter worth $35,000. Institutional investors own 52.35% of the company’s stock.

Analyst Ratings Changes

CPB has been the subject of several recent research reports. Stifel Nicolaus set a $30.00 price objective on Campbell’s and gave the company a “hold” rating in a research report on Tuesday, December 9th. Royal Bank Of Canada dropped their price objective on shares of Campbell’s from $35.00 to $30.00 and set a “sector perform” rating on the stock in a research note on Wednesday, December 10th. Sanford C. Bernstein decreased their target price on shares of Campbell’s from $39.00 to $33.00 and set an “outperform” rating for the company in a research note on Wednesday, December 10th. Weiss Ratings cut Campbell’s from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, January 5th. Finally, Morgan Stanley cut their price target on Campbell’s from $30.00 to $28.00 and set a “cautious” rating on the stock in a research note on Friday, January 16th. Three analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and six have issued a Sell rating to the stock. According to data from MarketBeat.com, Campbell’s currently has an average rating of “Reduce” and an average target price of $32.29.

Insider Activity

In other news, EVP Anthony Sanzio sold 2,700 shares of the stock in a transaction on Friday, January 9th. The shares were sold at an average price of $26.51, for a total value of $71,577.00. Following the sale, the executive vice president owned 25,264 shares of the company’s stock, valued at approximately $669,748.64. This represents a 9.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Charles A. Brawley III sold 11,550 shares of the firm’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 directly 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 position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 19.78% of the company’s stock.

Campbell’s Stock Up 0.9%

Shares of CPB opened at $26.79 on Monday. The company has a debt-to-equity ratio of 1.54, a current ratio of 0.82 and a quick ratio of 0.34. The stock has a market capitalization of $7.99 billion, a price-to-earnings ratio of 13.88, a price-to-earnings-growth ratio of 9.41 and a beta of -0.04. The Campbell’s Company has a 1 year low of $25.62 and a 1 year high of $43.85. The business’s 50 day simple moving average is $28.41 and its 200-day simple moving average is $30.62.

Campbell’s (NASDAQ:CPB) last announced its quarterly earnings results on Tuesday, December 9th. The company reported $0.77 earnings per share for the quarter, topping the consensus estimate of $0.73 by $0.04. Campbell’s had a net margin of 5.69% and a return on equity of 21.84%. The company had revenue of $2.68 billion for the quarter. The business’s revenue was down 3.4% compared to the same quarter last year. Campbell’s has set its FY 2026 guidance at 2.400-2.550 EPS. As a group, equities analysts expect that The Campbell’s Company will post 3.15 earnings per share for the current fiscal year.

Campbell’s Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, February 2nd. Investors of record on Thursday, January 8th will be issued a $0.39 dividend. The ex-dividend date of this dividend is Thursday, January 8th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 5.8%. Campbell’s’s dividend payout ratio (DPR) is presently 80.83%.

Campbell’s Company 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.