Campbell’s (NASDAQ:CPB) Sets New 52-Week Low – What’s Next?

Shares of The Campbell’s Company (NASDAQ:CPB) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $20.68 and last traded at $20.7630, with a volume of 1401051 shares traded. The stock had previously closed at $20.91.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Stifel Nicolaus dropped their target price on shares of Campbell’s from $30.00 to $25.00 and set a “hold” rating on the stock in a research report on Thursday, March 12th. Zacks Research downgraded Campbell’s from a “hold” rating to a “strong sell” rating in a research report on Thursday, March 12th. Royal Bank Of Canada dropped their price target on Campbell’s from $30.00 to $26.00 and set a “sector perform” rating on the stock in a report on Thursday, March 12th. Deutsche Bank Aktiengesellschaft cut their price objective on Campbell’s from $28.00 to $23.00 and set a “hold” rating on the stock in a research report on Thursday, March 12th. Finally, Morgan Stanley decreased their target price on Campbell’s from $27.00 to $25.00 and set an “equal weight” rating for the company in a research report on Thursday, March 12th. Two research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and seven have given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Reduce” and an average price target of $27.65.

Campbell’s Stock Performance

The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.51 and a current ratio of 1.01. The company has a market cap of $6.16 billion, a PE ratio of 11.29 and a beta of -0.03. The company’s 50 day moving average price is $26.01 and its 200-day moving average price is $28.78.

Campbell’s (NASDAQ:CPB) last announced its quarterly earnings data on Wednesday, March 11th. The company reported $0.51 earnings per share for the quarter, missing the consensus estimate of $0.57 by ($0.06). Campbell’s had a net margin of 5.48% and a return on equity of 19.96%. The firm had revenue of $2.56 billion for the quarter. During the same period last year, the business posted $0.74 earnings per share. The company’s revenue for the quarter was down 4.5% compared to the same quarter last year. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. Equities research analysts anticipate that The Campbell’s Company will post 3.15 earnings per share for the current fiscal year.

Campbell’s Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, May 4th. Stockholders of record on Thursday, April 2nd will be paid a dividend of $0.39 per share. The ex-dividend date is Thursday, April 2nd. This represents a $1.56 annualized dividend and a dividend yield of 7.6%. Campbell’s’s dividend payout ratio is presently 85.25%.

Insider Activity

In other Campbell’s news, EVP Charles A. Brawley III sold 11,550 shares of the company’s stock in a transaction dated Tuesday, December 30th. The shares were sold at an average price of $28.14, for a total transaction of $325,017.00. Following the sale, the executive vice president directly owned 43,777 shares of the company’s stock, valued at $1,231,884.78. This represents a 20.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Anthony Sanzio sold 2,700 shares of the stock in a transaction dated Friday, January 9th. The stock was sold at an average price of $26.51, for a total transaction of $71,577.00. Following the transaction, 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 position. The SEC filing for this sale provides additional information. Company insiders own 19.78% of the company’s stock.

Institutional Trading of Campbell’s

Hedge funds and other institutional investors have recently modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Campbell’s by 3.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,472 shares of the company’s stock worth $777,000 after buying an additional 685 shares during the period. Goldman Sachs Group Inc. raised its holdings in Campbell’s by 4.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 660,543 shares of the company’s stock valued at $26,369,000 after acquiring an additional 27,374 shares during the period. Empowered Funds LLC purchased a new stake in shares of Campbell’s during the first quarter worth $446,000. Woodline Partners LP lifted its position in shares of Campbell’s by 40.9% during the first quarter. Woodline Partners LP now owns 16,623 shares of the company’s stock worth $664,000 after acquiring an additional 4,827 shares in the last quarter. Finally, Geneos Wealth Management Inc. boosted its holdings in shares of Campbell’s by 333.3% in the first quarter. Geneos Wealth Management Inc. now owns 975 shares of the company’s stock worth $39,000 after acquiring an additional 750 shares during the period. Institutional investors own 52.35% of the company’s stock.

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.