Jefferies Financial Group Inc. Invests $1.13 Million in The Campbell’s Company $CPB

Jefferies Financial Group Inc. bought a new position in The Campbell’s Company (NASDAQ:CPB) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 40,521 shares of the company’s stock, valued at approximately $1,129,000.

Several other hedge funds and other institutional investors also recently modified their holdings of CPB. Hillman Capital Management Inc. lifted its holdings in Campbell’s by 83.7% in the third quarter. Hillman Capital Management Inc. now owns 173,034 shares of the company’s stock worth $5,464,000 after acquiring an additional 78,824 shares during the last quarter. Berkshire Asset Management LLC PA bought a new position in Campbell’s in the third quarter worth about $1,270,000. Ashton Thomas Private Wealth LLC bought a new position in Campbell’s in the fourth quarter worth about $1,596,000. Natixis Advisors LLC bought a new position in Campbell’s in the third quarter worth about $12,992,000. Finally, Tounjian Advisory Partners LLC bought a new position in Campbell’s in the fourth quarter worth about $2,137,000. Institutional investors own 52.35% of the company’s stock.

Analyst Upgrades and Downgrades

CPB has been the topic of a number of recent research reports. BTIG Research initiated coverage on shares of Campbell’s in a report on Monday, April 13th. They issued a “neutral” rating on the stock. Royal Bank Of Canada cut their target price on shares of Campbell’s from $30.00 to $26.00 and set a “sector perform” 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 reduced their target price for the company from $20.00 to $18.00 in a research note on Wednesday, April 8th. Stifel Nicolaus reduced their target price on shares of Campbell’s from $25.00 to $20.00 and set a “hold” rating for the company in a research note on Tuesday, April 21st. Finally, Bank of America reduced their target price on shares of Campbell’s from $26.00 to $23.00 and set an “underperform” rating for the company in a research note on Thursday, March 12th. One analyst has rated the stock with a Buy rating, thirteen have assigned a Hold rating and seven have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Campbell’s currently has an average rating of “Reduce” and an average price target of $24.59.

Campbell’s Trading Up 1.5%

Shares of NASDAQ:CPB opened at $20.80 on Friday. The company has a 50 day moving average of $20.85 and a 200-day moving average of $25.37. The firm has a market cap of $6.20 billion, a P/E ratio of 11.37 and a beta of 0.01. The Campbell’s Company has a twelve month low of $19.56 and a twelve month high of $35.00. The company has a current ratio of 1.01, a quick ratio of 0.51 and a debt-to-equity ratio of 1.66.

Campbell’s (NASDAQ:CPB) last issued its quarterly earnings results on Wednesday, March 11th. The company reported $0.51 earnings per share for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.06). The company had revenue of $2.56 billion during the quarter. Campbell’s had a return on equity of 19.96% and a net margin of 5.48%.The company’s revenue for the quarter was down 4.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.74 earnings per share. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. As a group, analysts anticipate that The Campbell’s Company will post 2.18 earnings per share for the current fiscal year.

Campbell’s Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, August 3rd. Stockholders of record on Thursday, July 2nd will be paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 7.5%. The ex-dividend date of this dividend is Thursday, July 2nd. Campbell’s’s dividend payout ratio is currently 85.25%.

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.