SG Americas Securities LLC Purchases 37,345 Shares of The Campbell’s Company $CPB

SG Americas Securities LLC grew its holdings in The Campbell’s Company (NASDAQ:CPB) by 58.4% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 101,332 shares of the company’s stock after acquiring an additional 37,345 shares during the quarter. SG Americas Securities LLC’s holdings in Campbell’s were worth $2,257,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Campbell’s by 3.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,472 shares of the company’s stock worth $777,000 after buying an additional 685 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of Campbell’s by 4.3% in the first quarter. Goldman Sachs Group Inc. now owns 660,543 shares of the company’s stock worth $26,369,000 after purchasing an additional 27,374 shares during the period. Empowered Funds LLC acquired a new position in Campbell’s in the first quarter valued at about $446,000. Woodline Partners LP lifted its position in Campbell’s by 40.9% during the first quarter. Woodline Partners LP now owns 16,623 shares of the company’s stock worth $664,000 after purchasing an additional 4,827 shares during the period. Finally, Geneos Wealth Management Inc. increased its holdings in 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 buying an additional 750 shares during the period. Institutional investors and hedge funds own 52.35% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently issued reports on CPB. Sanford C. Bernstein reiterated an “underperform” rating and set a $19.00 price target (down from $21.00) on shares of Campbell’s in a research report on Tuesday, June 9th. William Blair started coverage on Campbell’s in a research note on Tuesday, June 23rd. They set a “market perform” rating for the company. Wells Fargo & Company lowered Campbell’s from an “equal weight” rating to an “underweight” rating and decreased their price target for the company from $20.00 to $18.00 in a research note on Wednesday, April 8th. BNP Paribas Exane lowered their price target on Campbell’s from $22.00 to $19.00 and set an “underperform” rating for the company in a report on Thursday, April 9th. Finally, Stifel Nicolaus dropped their price objective on Campbell’s from $25.00 to $20.00 and set a “hold” rating for the company in a research report on Tuesday, April 21st. Twelve equities research analysts have rated the stock with a Hold rating and eight have issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus target price of $21.88.

Campbell’s Stock Performance

NASDAQ CPB opened at $23.47 on Thursday. The Campbell’s Company has a fifty-two week low of $19.56 and a fifty-two week high of $34.17. The stock has a market cap of $7.00 billion, a PE ratio of 11.62 and a beta of 0.01. The company has a debt-to-equity ratio of 1.53, a quick ratio of 0.38 and a current ratio of 0.87. The firm’s fifty day moving average price is $21.18 and its two-hundred day moving average price is $23.94.

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

Campbell’s Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 3rd. Investors of record on Thursday, July 2nd will be issued a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 6.6%. The ex-dividend date is Thursday, July 2nd. Campbell’s’s dividend payout ratio (DPR) is 77.23%.

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.