Cambridge Investment Research Advisors Inc. Has $2.25 Million Position in The Campbell’s Company $CPB

Cambridge Investment Research Advisors Inc. increased its position in shares of The Campbell’s Company (NASDAQ:CPB) by 69.0% in the second quarter, Holdings Channel reports. The institutional investor owned 100,935 shares of the company’s stock after buying an additional 41,213 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in Campbell’s were worth $2,248,000 as of its most recent SEC filing.

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

Analyst Ratings Changes

A number of research firms recently weighed in on CPB. William Blair assumed coverage on shares of Campbell’s in a research report on Tuesday, June 23rd. They issued a “market perform” rating for the company. Royal Bank Of Canada cut their price target on shares of Campbell’s from $23.00 to $21.00 and set a “sector perform” rating on the stock in a research report on Tuesday, June 9th. Morgan Stanley reduced their price objective on shares of Campbell’s from $23.00 to $21.00 and set an “equal weight” rating for the company in a research note on Friday, June 5th. Zacks Research upgraded Campbell’s from a “strong sell” rating to a “hold” rating in a report on Monday. Finally, Stifel Nicolaus lifted their target price on Campbell’s from $20.00 to $22.00 and gave the company a “hold” rating in a research report on Wednesday, July 22nd. Twelve research analysts have rated the stock with a Hold rating and seven have assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Reduce” and an average price target of $21.20.

Campbell’s Stock Performance

Shares of CPB opened at $23.28 on Friday. The firm has a 50-day moving average of $22.28 and a 200-day moving average of $22.86. The Campbell’s Company has a one year low of $19.56 and a one year high of $34.17. The company has a market cap of $6.94 billion, a PE ratio of 11.52 and a beta of 0.02. The company has a debt-to-equity ratio of 1.53, a current ratio of 0.87 and a quick ratio of 0.38.

Campbell’s (NASDAQ:CPB) last issued its earnings results on Monday, June 8th. The company reported $0.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.48 by $0.02. Campbell’s had a net margin of 6.12% and a return on equity of 18.04%. The company had revenue of $2.37 billion for the quarter. During the same period in the previous year, the company posted $0.22 earnings per share. The firm’s revenue for the quarter was down 4.4% compared to the same quarter last year. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. As a group, equities analysts forecast that The Campbell’s Company will post 2.18 earnings per share for the current year.

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.