Morgan Stanley Cuts Campbell’s (NASDAQ:CPB) Price Target to $27.00

Campbell’s (NASDAQ:CPB) had its price target reduced by stock analysts at Morgan Stanley from $28.00 to $27.00 in a research report issued on Friday,Benzinga reports. The brokerage presently has an “equal weight” rating on the stock. Morgan Stanley’s target price indicates a potential upside of 7.78% from the company’s current price.

Several other equities analysts also recently weighed in on CPB. DA Davidson reissued a “neutral” rating and set a $30.00 price target on shares of Campbell’s in a research report on Thursday, December 11th. Weiss Ratings cut Campbell’s from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, January 5th. Sanford C. Bernstein cut 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. Stifel Nicolaus set a $30.00 price target on shares of Campbell’s and gave the stock a “hold” rating in a research note on Tuesday, December 9th. Finally, Jefferies Financial Group reissued a “hold” rating and issued a $26.00 price objective on shares of Campbell’s in a research report on Monday. Two equities research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and five have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Reduce” and an average target price of $31.47.

Campbell’s Price Performance

NASDAQ CPB traded down $0.01 during trading hours on Friday, reaching $25.05. The company’s stock had a trading volume of 1,781,649 shares, compared to its average volume of 7,234,714. The company has a debt-to-equity ratio of 1.54, a quick ratio of 0.34 and a current ratio of 0.82. The company’s 50-day moving average is $27.27 and its two-hundred day moving average is $29.75. Campbell’s has a fifty-two week low of $24.86 and a fifty-two week high of $43.85. The stock has a market cap of $7.47 billion, a PE ratio of 12.98, a PEG ratio of 8.82 and a beta of -0.03.

Campbell’s (NASDAQ:CPB) last announced 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%. The firm’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. Analysts forecast that Campbell’s will post 3.15 EPS for the current year.

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 completion of the sale, the executive vice president owned 25,264 shares of the company’s stock, valued at $669,748.64. This represents a 9.66% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Charles A. Brawley III sold 11,550 shares of Campbell’s stock in a transaction on Tuesday, December 30th. The shares were sold at an average price of $28.14, for a total transaction of $325,017.00. Following the transaction, the executive vice president owned 43,777 shares in the company, 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. Corporate insiders own 19.78% of the company’s stock.

Institutional Investors Weigh In On Campbell’s

Several institutional investors and hedge funds have recently modified their holdings of the stock. Two Sigma Investments LP raised its holdings in shares of Campbell’s by 534.8% during the 3rd quarter. Two Sigma Investments LP now owns 4,937,170 shares of the company’s stock valued at $155,916,000 after buying an additional 4,159,398 shares during the period. Brandywine Managers LLC purchased a new stake in shares of Campbell’s during the fourth quarter valued at approximately $92,793,000. Massachusetts Financial Services Co. MA acquired a new position in shares of Campbell’s during the third quarter worth $77,940,000. Invesco Ltd. boosted its stake in shares of Campbell’s by 42.6% in the third quarter. Invesco Ltd. now owns 7,995,733 shares of the company’s stock valued at $252,505,000 after purchasing an additional 2,387,575 shares during the period. Finally, UBS Group AG grew its holdings in Campbell’s by 175.7% during the 3rd quarter. UBS Group AG now owns 3,730,947 shares of the company’s stock valued at $117,823,000 after purchasing an additional 2,377,488 shares in the last quarter. Hedge funds and other institutional investors own 52.35% of the company’s stock.

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.