JPMorgan Chase & Co. Raises Stock Holdings in The Campbell’s Company $CPB

JPMorgan Chase & Co. boosted its position in shares of The Campbell’s Company (NASDAQ:CPB) by 51.5% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,547,831 shares of the company’s stock after buying an additional 526,276 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.52% of Campbell’s worth $48,881,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the company. Parkside Financial Bank & Trust increased its position in shares of Campbell’s by 21.4% in the third quarter. Parkside Financial Bank & Trust now owns 1,942 shares of the company’s stock valued at $61,000 after acquiring an additional 342 shares during the period. Keybank National Association OH grew its stake in shares of Campbell’s by 1.1% in the third quarter. Keybank National Association OH now owns 32,729 shares of the company’s stock worth $1,034,000 after purchasing an additional 353 shares during the last quarter. J.W. Cole Advisors Inc. grew its stake in shares of Campbell’s by 1.9% in 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 last quarter. SBI Securities Co. Ltd. increased its holdings in Campbell’s by 66.8% during 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. Finally, Kentucky Trust Co raised its position in Campbell’s by 40.0% during 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 last quarter. Institutional investors own 52.35% of the company’s stock.

Campbell’s Price Performance

Shares of NASDAQ:CPB opened at $26.86 on Friday. The business has a fifty day moving average price of $27.50 and a 200-day moving average price of $29.97. 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 company has a market capitalization of $8.01 billion, a PE ratio of 13.92, a PEG ratio of 9.30 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.

Campbell’s (NASDAQ:CPB) last posted its quarterly earnings results on Tuesday, December 9th. The company reported $0.77 EPS for the quarter, beating analysts’ consensus estimates of $0.73 by $0.04. The firm 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%. The company’s revenue for the quarter 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 EPS for the current fiscal year.

Campbell’s Announces Dividend

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

Insider Activity

In related news, EVP Charles A. Brawley III sold 11,550 shares of the firm’s stock in a transaction on Tuesday, December 30th. The stock was 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 approximately $1,231,884.78. This trade represents a 20.88% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, 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 directly owned 25,264 shares in the company, valued at $669,748.64. This trade represents a 9.66% 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.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on CPB shares. DA Davidson reiterated a “neutral” rating and issued a $30.00 price objective on shares of Campbell’s in a research report on Thursday, December 11th. Morgan Stanley cut their price target on shares of Campbell’s from $30.00 to $28.00 and set a “cautious” rating on the stock in a report on Friday, January 16th. Barclays set a $27.00 price objective on shares of Campbell’s in a report on Friday, January 16th. Wells Fargo & Company cut their target price on shares of Campbell’s from $31.00 to $30.00 and set an “equal weight” rating on the stock in a research note on Wednesday, December 10th. Finally, UBS Group decreased their price target on shares of Campbell’s from $28.00 to $26.00 and set a “sell” rating for the company in a research note on Wednesday, December 10th. Three investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and five have assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Reduce” and a consensus target price of $32.29.

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.