Campbell’s (NASDAQ:CPB) Sets New 12-Month Low Following Analyst Downgrade

The Campbell’s Company (NASDAQ:CPB) hit a new 52-week low on Wednesday after Wells Fargo & Company lowered their price target on the stock from $30.00 to $28.00. Wells Fargo & Company currently has an equal weight rating on the stock. Campbell’s traded as low as $25.54 and last traded at $25.61, with a volume of 1913009 shares. The stock had previously closed at $26.05.

Other equities analysts have also recently issued research reports about the company. Sanford C. Bernstein decreased their price objective on Campbell’s from $39.00 to $33.00 and set an “outperform” rating for the company in a report on Wednesday, December 10th. Barclays set a $27.00 target price on shares of Campbell’s in a report on Friday, January 16th. UBS Group reduced their price target on Campbell’s from $28.00 to $26.00 and set a “sell” rating for the company in a report on Wednesday, December 10th. Royal Bank Of Canada lowered their price target on Campbell’s from $35.00 to $30.00 and set a “sector perform” rating on the stock in a research report on Wednesday, December 10th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and set a $26.00 price target on shares of Campbell’s in a report on Monday. Two investment analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and five have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus target price of $31.53.

Insider Activity at Campbell’s

In other news, EVP Charles A. Brawley III sold 11,550 shares of the stock in a transaction that occurred on Tuesday, December 30th. The stock was sold at an average price of $28.14, for a total transaction of $325,017.00. Following the transaction, the executive vice president owned 43,777 shares in the company, valued at approximately $1,231,884.78. This trade represents a 20.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Anthony Sanzio sold 2,700 shares of Campbell’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 sale, the executive vice president directly 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 disclosure for this sale is available in the SEC filing. 19.78% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Campbell’s

Hedge funds have recently bought and sold shares of the business. Stance Capital LLC bought a new stake in Campbell’s in the 3rd quarter valued at about $27,000. SBI Securities Co. Ltd. raised its position in shares of Campbell’s by 66.8% in the second quarter. SBI Securities Co. Ltd. now owns 961 shares of the company’s stock valued at $29,000 after buying an additional 385 shares in the last quarter. Flagship Harbor Advisors LLC acquired a new stake in shares of Campbell’s in the fourth quarter valued at approximately $29,000. Sittner & Nelson LLC bought a new stake in shares of Campbell’s in the fourth quarter valued at approximately $29,000. Finally, Los Angeles Capital Management LLC acquired a new stake in Campbell’s during the fourth quarter worth approximately $29,000. 52.35% of the stock is owned by institutional investors.

Campbell’s Stock Down 0.1%

The firm has a market cap of $7.47 billion, a price-to-earnings ratio of 12.98, a P/E/G ratio of 8.82 and a beta of -0.03. 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 50-day moving average of $27.27 and a 200-day moving average of $29.75.

Campbell’s (NASDAQ:CPB) last released its earnings results on Tuesday, December 9th. The company reported $0.77 earnings per share for the quarter, beating analysts’ consensus estimates of $0.73 by $0.04. Campbell’s had a return on equity of 21.84% and a net margin of 5.69%.The firm had revenue of $2.68 billion during the quarter. The company’s revenue for the quarter was down 3.4% on a year-over-year basis. 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 fiscal year.

Campbell’s Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, May 4th. Shareholders of record on Thursday, April 2nd will be issued a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 6.2%. The ex-dividend date of this dividend is Thursday, April 2nd. Campbell’s’s dividend payout ratio (DPR) is currently 80.83%.

About Campbell’s

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.