FNY Investment Advisers LLC Purchases New Holdings in The Campbell’s Company $CPB

FNY Investment Advisers LLC acquired a new position in The Campbell’s Company (NASDAQ:CPBFree Report) during the 4th quarter, HoldingsChannel.com reports. The fund acquired 25,000 shares of the company’s stock, valued at approximately $696,000.

A number of other institutional investors have also recently bought and sold shares of CPB. Parkside Financial Bank & Trust increased its position in shares of Campbell’s by 21.4% during the 3rd quarter. Parkside Financial Bank & Trust now owns 1,942 shares of the company’s stock valued at $61,000 after purchasing an additional 342 shares during the last quarter. Keybank National Association OH boosted its holdings in shares of Campbell’s by 1.1% in the 3rd quarter. Keybank National Association OH now owns 32,729 shares of the company’s stock worth $1,034,000 after buying an additional 353 shares during the last quarter. Public Employees Retirement System of Ohio grew its position in Campbell’s by 0.6% during the third quarter. Public Employees Retirement System of Ohio now owns 60,571 shares of the company’s stock valued at $1,913,000 after buying an additional 376 shares during the period. New England Asset Management Inc. increased its holdings in Campbell’s by 0.6% during the third quarter. New England Asset Management Inc. now owns 65,365 shares of the company’s stock worth $2,064,000 after buying an additional 380 shares during the last quarter. Finally, Kentucky Trust Co increased its holdings in Campbell’s by 40.0% during the third quarter. Kentucky Trust Co now owns 1,400 shares of the company’s stock worth $44,000 after buying an additional 400 shares during the last quarter. Institutional investors own 52.35% of the company’s stock.

Campbell’s Price Performance

CPB opened at $22.01 on Friday. The firm has a 50-day moving average price of $25.36 and a 200-day moving average price of $28.27. The Campbell’s Company has a twelve month low of $20.62 and a twelve month high of $40.44. The company has a quick ratio of 0.51, a current ratio of 1.01 and a debt-to-equity ratio of 1.66. The company has a market capitalization of $6.56 billion, a price-to-earnings ratio of 12.03 and a beta of 0.03.

Campbell’s (NASDAQ:CPBGet Free Report) last announced its quarterly earnings results on Wednesday, March 11th. The company reported $0.51 EPS for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.06). Campbell’s had a net margin of 5.48% and a return on equity of 19.96%. The business had revenue of $2.56 billion for the quarter. During the same quarter in the prior year, the firm earned $0.74 EPS. The company’s quarterly revenue was down 4.5% compared to the same quarter last year. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. Equities analysts expect that The Campbell’s Company will post 3.15 EPS for the current year.

Campbell’s Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, May 4th. Stockholders of record on Thursday, April 2nd will be given a $0.39 dividend. The ex-dividend date is Thursday, April 2nd. This represents a $1.56 annualized dividend and a dividend yield of 7.1%. Campbell’s’s payout ratio is 85.25%.

Wall Street Analyst Weigh In

CPB has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Campbell’s from $23.00 to $20.00 and set a “hold” rating on the stock in a research note on Monday. Barclays decreased their price target on shares of Campbell’s from $27.00 to $23.00 and set an “underweight” rating for the company in a research note on Thursday, March 12th. Stifel Nicolaus dropped their price objective on Campbell’s from $30.00 to $25.00 and set a “hold” rating on the stock in a research note on Thursday, March 12th. Wells Fargo & Company lowered Campbell’s from an “equal weight” rating to an “underweight” rating and reduced their price objective for the company from $28.00 to $20.00 in a report on Thursday, March 12th. Finally, DA Davidson reissued a “neutral” rating and issued a $30.00 target price on shares of Campbell’s in a research report on Thursday, March 12th. Two equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and seven have assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Reduce” and an average price target of $27.47.

Check Out Our Latest Analysis on CPB

Insider Buying and Selling at Campbell’s

In related news, EVP Anthony Sanzio sold 2,700 shares of the business’s stock in a transaction 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 sale, the executive vice president directly owned 25,264 shares in the company, valued at approximately $669,748.64. The trade was a 9.66% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 19.78% of the company’s stock.

About Campbell’s

(Free Report)

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.

Read More

Want to see what other hedge funds are holding CPB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Campbell’s Company (NASDAQ:CPBFree Report).

Institutional Ownership by Quarter for Campbell's (NASDAQ:CPB)

Receive News & Ratings for Campbell's Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Campbell's and related companies with MarketBeat.com's FREE daily email newsletter.