FORA Capital LLC Acquires 79,727 Shares of The Campbell’s Company $CPB

FORA Capital LLC increased its stake in The Campbell’s Company (NASDAQ:CPB) by 321.8% during the 2nd quarter, Holdings Channel reports. The firm owned 104,504 shares of the company’s stock after purchasing an additional 79,727 shares during the quarter. FORA Capital LLC’s holdings in Campbell’s were worth $3,203,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Norges Bank purchased a new position in Campbell’s in the 2nd quarter worth approximately $40,967,000. Qube Research & Technologies Ltd lifted its holdings in shares of Campbell’s by 2,283.9% during the 2nd quarter. Qube Research & Technologies Ltd now owns 1,154,599 shares of the company’s stock worth $35,388,000 after acquiring an additional 1,106,166 shares during the last quarter. Worldquant Millennium Advisors LLC grew its position in Campbell’s by 596.3% in the second quarter. Worldquant Millennium Advisors LLC now owns 1,086,092 shares of the company’s stock worth $33,289,000 after acquiring an additional 930,120 shares in the last quarter. Jump Financial LLC grew its position in Campbell’s by 5,100.8% in the second quarter. Jump Financial LLC now owns 917,949 shares of the company’s stock worth $28,135,000 after acquiring an additional 900,299 shares in the last quarter. Finally, HRT Financial LP bought a new position in Campbell’s in the second quarter valued at $27,368,000. 52.35% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

CPB has been the subject of a number of research reports. Stephens cut their price objective on Campbell’s from $40.00 to $38.00 and set an “overweight” rating for the company in a report on Monday, December 8th. Zacks Research raised Campbell’s from a “strong sell” rating to a “hold” rating in a research note on Monday, October 6th. UBS Group reduced their price target on shares of Campbell’s from $28.00 to $26.00 and set a “sell” rating on the stock in a research report on Wednesday. TD Cowen boosted their price objective on shares of Campbell’s from $29.00 to $31.00 and gave the stock a “hold” rating in a report on Thursday, September 4th. Finally, DA Davidson reaffirmed a “neutral” rating and set a $30.00 target price on shares of Campbell’s in a report on Thursday. Three investment analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and five have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Campbell’s currently has an average rating of “Reduce” and an average price target of $32.59.

Campbell’s Stock Performance

NASDAQ:CPB opened at $28.74 on Friday. The company has a debt-to-equity ratio of 1.54, a quick ratio of 0.28 and a current ratio of 0.82. The Campbell’s Company has a fifty-two week low of $27.85 and a fifty-two week high of $43.85. The firm has a market cap of $8.57 billion, a PE ratio of 14.89, a price-to-earnings-growth ratio of 10.06 and a beta of -0.05. The business has a 50 day moving average price of $30.40 and a 200-day moving average price of $31.72.

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 company had revenue of $2.68 billion during the quarter. Campbell’s had a net margin of 5.69% and a return on equity of 21.84%. The company’s quarterly revenue was down 3.4% on a year-over-year basis. Campbell’s has set its FY 2026 guidance at 2.400-2.550 EPS. Equities research analysts predict that The Campbell’s Company will post 3.15 earnings per share for the current year.

Campbell’s Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, February 2nd. Investors of record on Thursday, January 8th will be paid a $0.39 dividend. The ex-dividend date of this dividend is Thursday, January 8th. This represents a $1.56 annualized dividend and a dividend yield of 5.4%. Campbell’s’s dividend payout ratio (DPR) is presently 80.83%.

Campbell’s Profile

The Campbell’s Company, formerly known as Campbell Soup Company, together with its subsidiaries, manufactures and markets food and beverage products in the United States and internationally. The company operates through Meals & Beverages and Snacks segments. The Meals & Beverages segment engages in the retail and foodservice businesses in the United States and Canada.