JPMorgan Chase & Co. Has $48.88 Million Stock Holdings in The Campbell’s Company $CPB

JPMorgan Chase & Co. grew its stake in shares of The Campbell’s Company (NASDAQ:CPB) by 51.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,547,831 shares of the company’s stock after purchasing an additional 526,276 shares during the period. JPMorgan Chase & Co. owned approximately 0.52% of Campbell’s worth $48,881,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Parkside Financial Bank & Trust raised its stake in Campbell’s by 21.4% during the 3rd quarter. Parkside Financial Bank & Trust now owns 1,942 shares of the company’s stock worth $61,000 after buying an additional 342 shares during the period. Keybank National Association OH increased its holdings in shares of Campbell’s by 1.1% during the third quarter. Keybank National Association OH now owns 32,729 shares of the company’s stock valued at $1,034,000 after acquiring an additional 353 shares in the last quarter. J.W. Cole Advisors Inc. raised its position in shares of Campbell’s by 1.9% during the second quarter. J.W. Cole Advisors Inc. now owns 19,920 shares of the company’s stock worth $611,000 after purchasing an additional 375 shares during the period. SBI Securities Co. Ltd. lifted its holdings 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 worth $29,000 after purchasing an additional 385 shares in the last quarter. Finally, Kentucky Trust Co grew its position in Campbell’s by 40.0% in the 3rd quarter. Kentucky Trust Co now owns 1,400 shares of the company’s stock valued at $44,000 after purchasing an additional 400 shares during the period. 52.35% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

CPB has been the topic of several research reports. Stifel Nicolaus set a $30.00 price objective on shares of Campbell’s and gave the stock a “hold” rating in a report on Tuesday, December 9th. UBS Group lowered their target price on shares of Campbell’s from $28.00 to $26.00 and set a “sell” rating on the stock in a report on Wednesday, December 10th. DA Davidson reiterated a “neutral” rating and set a $30.00 price target on shares of Campbell’s in a research note on Thursday, December 11th. Sanford C. Bernstein lowered their price objective on Campbell’s from $39.00 to $33.00 and set an “outperform” rating for the company in a research note on Wednesday, December 10th. Finally, Wells Fargo & Company cut their target price on Campbell’s from $31.00 to $30.00 and set an “equal weight” rating on the stock in a research report on Wednesday, December 10th. Three investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and five have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Reduce” and a consensus target price of $32.29.

Insider Buying and Selling at Campbell’s

In other Campbell’s news, EVP Anthony Sanzio sold 2,700 shares of the firm’s stock in a transaction dated Friday, January 9th. The stock was sold at an average price of $26.51, for a total value of $71,577.00. Following the completion of the transaction, the executive vice president owned 25,264 shares in the company, valued at $669,748.64. This trade represents a 9.66% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Charles A. Brawley III sold 11,550 shares of Campbell’s stock in a transaction dated Tuesday, December 30th. The shares were sold at an average price of $28.14, for a total value of $325,017.00. Following the transaction, the executive vice president directly owned 43,777 shares of the company’s stock, valued at $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. 19.78% of the stock is currently owned by insiders.

Campbell’s Price Performance

NASDAQ CPB opened at $26.86 on Friday. The company has a market cap of $8.01 billion, a PE ratio of 13.92, a price-to-earnings-growth ratio of 9.30 and a beta of -0.04. The company has a quick ratio of 0.34, a current ratio of 0.82 and a debt-to-equity ratio of 1.54. The firm’s 50-day simple moving average is $27.50 and its two-hundred day simple moving average is $29.97. The Campbell’s Company has a 52 week low of $25.62 and a 52 week high of $43.85.

Campbell’s (NASDAQ:CPB) last posted its quarterly earnings results on Tuesday, December 9th. The company reported $0.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.73 by $0.04. The company had revenue of $2.68 billion for the quarter. Campbell’s had a net margin of 5.69% and a return on equity of 21.84%. Campbell’s’s quarterly 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. Research analysts predict that The Campbell’s Company will post 3.15 earnings per share for the current year.

Campbell’s Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, May 4th. Stockholders of record on Thursday, April 2nd will be issued a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 5.8%. The ex-dividend date of this dividend is Thursday, April 2nd. Campbell’s’s dividend payout ratio (DPR) is presently 80.83%.

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.