The Campbell’s Company $CPB Stock Bought by Kestra Investment Management LLC

Kestra Investment Management LLC boosted its position in The Campbell’s Company (NASDAQ:CPB) by 71.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 63,137 shares of the company’s stock after purchasing an additional 26,410 shares during the period. Kestra Investment Management LLC’s holdings in Campbell’s were worth $1,252,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Parallel Advisors LLC raised its stake in shares of Campbell’s by 23.5% in the first quarter. Parallel Advisors LLC now owns 2,792 shares of the company’s stock valued at $62,000 after buying an additional 532 shares during the period. Resona Asset Management Co. Ltd. grew its stake in shares of Campbell’s by 39.1% during the 1st quarter. Resona Asset Management Co. Ltd. now owns 2,699 shares of the company’s stock worth $60,000 after acquiring an additional 759 shares during the period. Guardian Partners Inc. grew its stake in shares of Campbell’s by 25.3% during the 3rd quarter. Guardian Partners Inc. now owns 4,210 shares of the company’s stock worth $83,000 after acquiring an additional 850 shares during the period. Swiss Life Asset Management Ltd increased its holdings in Campbell’s by 6.2% in the 2nd quarter. Swiss Life Asset Management Ltd now owns 14,944 shares of the company’s stock worth $333,000 after acquiring an additional 876 shares during the last quarter. Finally, Bessemer Group Inc. increased its holdings in Campbell’s by 10.5% in the 1st quarter. Bessemer Group Inc. now owns 10,111 shares of the company’s stock worth $225,000 after acquiring an additional 960 shares during the last quarter. 52.35% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. Zacks Research cut Campbell’s from a “hold” rating to a “strong sell” rating in a research note on Wednesday, September 9th. Weiss Ratings lowered shares of Campbell’s from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, October 8th. Royal Bank Of Canada cut their target price on shares of Campbell’s from $21.00 to $19.00 and set a “sector perform” rating for the company in a research report on Friday, September 4th. Wall Street Zen downgraded shares of Campbell’s from a “hold” rating to a “sell” rating in a research note on Saturday, September 5th. Finally, Barclays lowered their price target on shares of Campbell’s from $19.00 to $18.00 and set an “underweight” rating on the stock in a research report on Friday, September 4th. Twelve equities research analysts have rated the stock with a Hold rating and eight have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and an average price target of $19.88.

Campbell’s Price Performance

Campbell’s stock opened at $22.59 on Wednesday. The Campbell’s Company has a one year low of $18.60 and a one year high of $32.04. The business has a fifty day moving average price of $20.77 and a 200-day moving average price of $22.38. The company has a debt-to-equity ratio of 1.60, a current ratio of 0.82 and a quick ratio of 0.33. The firm has a market capitalization of $6.74 billion, a P/E ratio of 17.24, a PEG ratio of 2.69 and a beta of 0.06.

Campbell’s (NASDAQ:CPB) last released its quarterly earnings data on Thursday, September 3rd. The company reported $0.39 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.39. The company had revenue of $2.14 billion for the quarter. Campbell’s had a return on equity of 16.44% and a net margin of 4.04%. The business’s revenue for the quarter was down 7.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.62 earnings per share. Campbell’s has set its FY 2027 guidance at 1.650-1.800 EPS. As a group, equities research analysts forecast that The Campbell’s Company will post 1.70 EPS for the current year.

Campbell’s Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, November 2nd. Shareholders of record on Thursday, October 1st were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 4.4%. The ex-dividend date of this dividend was Thursday, October 1st. This is a drop from Campbell’s’s previous quarterly dividend of $0.39. Campbell’s’s payout ratio is presently 76.34%.

Campbell’s Company Profile

The Campbell’s Company, formerly known as Campbell Soup Company, makes and markets packaged foods and beverages. Its products include soups, sauces, pasta, shelf-stable meals, snacks and beverages, sold under brands such as Campbell’s, Prego, Pace, V8, Goldfish, Pepperidge Farm and Snyder’s of Hanover. Founded in 1869, the company became known for popularizing condensed soup. Today, it serves consumers primarily in the United States and Canada, with products also sold in other markets. Campbell’s is led by President and Chief Executive Officer Mick Beekhuizen, who assumed the role in 2025.