Campbell’s (NASDAQ:CPB – Get Free Report) had its price target lowered by stock analysts at Deutsche Bank Aktiengesellschaft from $23.00 to $20.00 in a research report issued to clients and investors on Monday,Benzinga reports. The firm currently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective indicates a potential downside of 10.19% from the stock’s previous close.
Other equities research analysts have also issued research reports about the company. Barclays dropped their price target on Campbell’s from $27.00 to $23.00 and set an “underweight” rating on the stock in a research report on Thursday, March 12th. Jefferies Financial Group reissued a “hold” rating and set a $26.00 target price on shares of Campbell’s in a research note on Monday, March 2nd. Morgan Stanley dropped their target price on shares of Campbell’s from $27.00 to $25.00 and set an “equal weight” rating on the stock in a report on Thursday, March 12th. Wells Fargo & Company lowered shares of Campbell’s from an “equal weight” rating to an “underweight” rating and cut their price target for the company from $28.00 to $20.00 in a research note on Thursday, March 12th. Finally, TD Cowen reduced their price target on shares of Campbell’s from $29.00 to $24.00 and set a “hold” rating for the company in a report on Thursday, March 12th. Two research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and seven have issued a Sell rating to the stock. According to data from MarketBeat.com, Campbell’s presently has an average rating of “Reduce” and a consensus target price of $27.47.
Get Our Latest Stock Analysis on CPB
Campbell’s Trading Up 0.4%
Campbell’s (NASDAQ:CPB – Get Free Report) last released its quarterly earnings data on Wednesday, March 11th. The company reported $0.51 EPS for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.06). The firm had revenue of $2.56 billion during the quarter. Campbell’s had a net margin of 5.48% and a return on equity of 19.96%. The firm’s quarterly revenue was down 4.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.74 EPS. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. Equities research analysts predict that Campbell’s will post 3.15 EPS for the current year.
Insiders Place Their Bets
In other Campbell’s news, EVP Anthony Sanzio sold 2,700 shares of the company’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 transaction of $71,577.00. Following the completion of the transaction, the executive vice president owned 25,264 shares of the company’s stock, valued at $669,748.64. This represents a 9.66% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 19.78% of the stock is currently owned by company insiders.
Institutional Trading of Campbell’s
Institutional investors have recently made changes to their positions in the business. Stance Capital LLC acquired a new stake in Campbell’s in the 3rd quarter valued at $27,000. Los Angeles Capital Management LLC acquired a new position in shares of Campbell’s during the 4th quarter worth about $29,000. Geneos Wealth Management Inc. grew its holdings in shares of Campbell’s by 333.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 975 shares of the company’s stock valued at $39,000 after acquiring an additional 750 shares in the last quarter. Sittner & Nelson LLC acquired a new stake in shares of Campbell’s in the fourth quarter valued at about $29,000. Finally, Flagship Harbor Advisors LLC acquired a new stake in shares of Campbell’s in the fourth quarter valued at about $29,000. Institutional investors own 52.35% of the company’s stock.
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.
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