Alps Advisors Inc. Takes $2.70 Million Position in The Campbell’s Company $CPB

Alps Advisors Inc. acquired a new position in shares of The Campbell’s Company (NASDAQ:CPB) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 85,432 shares of the company’s stock, valued at approximately $2,698,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. Massachusetts Financial Services Co. MA acquired a new position in Campbell’s during the 3rd quarter worth approximately $77,940,000. Norges Bank purchased a new stake in shares of Campbell’s during the 2nd quarter worth $40,967,000. Qube Research & Technologies Ltd grew its stake in shares of Campbell’s by 2,283.9% during the second quarter. Qube Research & Technologies Ltd now owns 1,154,599 shares of the company’s stock worth $35,388,000 after purchasing an additional 1,106,166 shares in the last quarter. Worldquant Millennium Advisors LLC increased its holdings 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 valued at $33,289,000 after buying an additional 930,120 shares during the last quarter. Finally, Jump Financial LLC raised its stake in Campbell’s by 5,100.8% in the second quarter. Jump Financial LLC now owns 917,949 shares of the company’s stock valued at $28,135,000 after buying an additional 900,299 shares in the last quarter. Institutional investors and hedge funds own 52.35% of the company’s stock.

Campbell’s Stock Up 0.8%

Shares of NASDAQ:CPB opened at $29.15 on Wednesday. The Campbell’s Company has a 1-year low of $25.62 and a 1-year high of $43.85. The company has a debt-to-equity ratio of 1.54, a current ratio of 0.82 and a quick ratio of 0.34. The stock has a market cap of $8.69 billion, a P/E ratio of 15.10, a P/E/G ratio of 10.16 and a beta of -0.04. The firm has a fifty day moving average price of $27.76 and a 200 day moving average price of $30.32.

Campbell’s (NASDAQ:CPB) last announced its 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. Campbell’s had a net margin of 5.69% and a return on equity of 21.84%. The business had revenue of $2.68 billion during the quarter. The firm’s revenue for the quarter 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. Sell-side analysts predict that The Campbell’s Company will post 3.15 EPS for the current year.

Campbell’s Announces Dividend

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

Insider Buying and Selling

In other news, EVP Anthony Sanzio sold 2,700 shares of the business’s stock in a transaction that occurred on Friday, January 9th. The stock was sold at an average price of $26.51, for a total value of $71,577.00. Following the transaction, the executive vice president owned 25,264 shares of the company’s stock, valued at approximately $669,748.64. The trade was a 9.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Charles A. Brawley III sold 11,550 shares of the stock in a transaction on Tuesday, December 30th. The stock was sold at an average price of $28.14, for a total value of $325,017.00. Following the sale, the executive vice president directly owned 43,777 shares of the company’s stock, valued at approximately $1,231,884.78. This represents a 20.88% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 19.78% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on CPB. Royal Bank Of Canada lowered their price objective on Campbell’s from $35.00 to $30.00 and set a “sector perform” rating for the company in a research report on Wednesday, December 10th. Wells Fargo & Company decreased their target price on Campbell’s from $31.00 to $30.00 and set an “equal weight” rating for the company in a research note on Wednesday, December 10th. DA Davidson reiterated a “neutral” rating and issued a $30.00 price target on shares of Campbell’s in a research note on Thursday, December 11th. Stifel Nicolaus set a $30.00 price objective on shares of Campbell’s and gave the stock a “hold” rating in a research report on Tuesday, December 9th. Finally, Stephens lowered their target price on shares of Campbell’s from $40.00 to $38.00 and set an “overweight” rating for the company in a report on Monday, December 8th. Three analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and six have assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Reduce” and a consensus price target of $32.29.

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.