Employees Provident Fund Board Takes Position in The Campbell’s Company $CPB

Employees Provident Fund Board bought a new position in The Campbell’s Company (NASDAQ:CPB) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 190,505 shares of the company’s stock, valued at approximately $5,309,000. Employees Provident Fund Board owned 0.06% of Campbell’s as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Public Employees Retirement System of Ohio boosted its stake 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 last quarter. Steward Partners Investment Advisory LLC lifted its holdings in Campbell’s by 8.1% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 5,099 shares of the company’s stock valued at $142,000 after buying an additional 380 shares in the last quarter. New England Asset Management Inc. grew its stake in Campbell’s by 0.6% in the third quarter. New England Asset Management Inc. now owns 65,365 shares of the company’s stock worth $2,064,000 after purchasing an additional 380 shares in the last quarter. Horizon Investments LLC increased its stake in shares of Campbell’s by 10.2% during the fourth quarter. Horizon Investments LLC now owns 4,228 shares of the company’s stock valued at $116,000 after buying an additional 390 shares during the period. Finally, Commonwealth Equity Services LLC boosted its stake in shares of Campbell’s by 0.5% during the fourth quarter. Commonwealth Equity Services LLC now owns 90,311 shares of the company’s stock valued at $2,517,000 after purchasing an additional 440 shares in the last quarter. 52.35% of the stock is currently owned by institutional investors.

Campbell’s Stock Performance

NASDAQ CPB opened at $21.15 on Friday. The Campbell’s Company has a 12 month low of $19.56 and a 12 month high of $34.17. The company has a debt-to-equity ratio of 1.53, a current ratio of 0.87 and a quick ratio of 0.38. The firm’s 50-day moving average is $20.93 and its two-hundred day moving average is $24.38. The stock has a market capitalization of $6.31 billion, a P/E ratio of 10.47 and a beta of 0.02.

Campbell’s (NASDAQ:CPB) last issued its quarterly earnings results on Monday, June 8th. The company reported $0.50 EPS for the quarter, beating the consensus estimate of $0.48 by $0.02. The company had revenue of $2.37 billion during the quarter. Campbell’s had a net margin of 6.12% and a return on equity of 18.04%. The business’s quarterly revenue was down 4.4% on a year-over-year basis. During the same period in the prior year, the business earned $0.22 EPS. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. On average, sell-side analysts anticipate that The Campbell’s Company will post 2.18 earnings per share for the current year.

Campbell’s Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, August 3rd. Shareholders of record on Thursday, July 2nd will be paid a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 7.4%. The ex-dividend date is Thursday, July 2nd. Campbell’s’s dividend payout ratio is currently 77.23%.

Wall Street Analysts Forecast Growth

Several analysts have commented on CPB shares. UBS Group decreased their price target on shares of Campbell’s from $19.00 to $17.00 and set a “sell” rating for the company in a research report on Tuesday, June 9th. Bank of America cut their price objective on shares of Campbell’s from $20.00 to $18.00 and set an “underperform” rating on the stock in a research note on Tuesday, June 9th. Stephens lowered Campbell’s from an “overweight” rating to an “equal weight” rating and dropped their target price for the stock from $28.00 to $21.00 in a report on Monday, June 1st. Weiss Ratings restated a “sell (d+)” rating on shares of Campbell’s in a research report on Thursday, April 2nd. Finally, Barclays dropped their target price on shares of Campbell’s from $21.00 to $19.00 and set an “underweight” rating on the stock in a research report on Monday, June 8th. Eleven analysts have rated the stock with a Hold rating and eight have assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Reduce” and a consensus price target of $21.88.

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.