Abel Hall LLC Has $705,000 Stake in The Campbell’s Company $CPB

Abel Hall LLC raised its position in The Campbell’s Company (NASDAQ:CPB) by 212.9% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 31,644 shares of the company’s stock after buying an additional 21,531 shares during the quarter. Abel Hall LLC’s holdings in Campbell’s were worth $705,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Stance Capital LLC acquired a new stake in shares of Campbell’s in the 3rd quarter valued at $27,000. Flagship Harbor Advisors LLC bought a new position in Campbell’s in the 4th quarter valued at approximately $29,000. Sittner & Nelson LLC acquired a new stake in Campbell’s in the fourth quarter valued at approximately $29,000. Los Angeles Capital Management LLC bought a new stake in shares of Campbell’s during the fourth quarter worth $29,000. Finally, Ankerstar Wealth LLC acquired a new position in shares of Campbell’s during the fourth quarter worth $29,000. 52.35% of the stock is currently owned by institutional investors and hedge funds.

Campbell’s Stock Performance

Shares of CPB opened at $23.32 on Monday. The company has a market cap of $6.95 billion, a PE ratio of 11.54 and a beta of 0.02. 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 Campbell’s Company has a one year low of $19.56 and a one year high of $34.17. The stock has a 50-day moving average of $21.28 and a 200-day moving average of $23.87.

Campbell’s (NASDAQ:CPB) last issued 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 business 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%.Campbell’s’s revenue was down 4.4% on a year-over-year basis. During the same quarter last year, the business posted $0.22 earnings per share. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. On average, equities research analysts predict that The Campbell’s Company will post 2.18 EPS 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. Investors of record on Thursday, July 2nd will be given a dividend of $0.39 per share. The ex-dividend date is Thursday, July 2nd. This represents a $1.56 annualized dividend and a yield of 6.7%. Campbell’s’s dividend payout ratio is presently 77.23%.

Wall Street Analyst Weigh In

CPB has been the subject of several recent research reports. Stephens downgraded Campbell’s from an “overweight” rating to an “equal weight” rating and lowered their price objective for the company from $28.00 to $21.00 in a research note on Monday, June 1st. Barclays cut their price target on shares of Campbell’s from $21.00 to $19.00 and set an “underweight” rating on the stock in a report on Monday, June 8th. BNP Paribas Exane reduced their price objective on shares of Campbell’s from $22.00 to $19.00 and set an “underperform” rating on the stock in a research note on Thursday, April 9th. Bank of America lowered their target price on Campbell’s from $20.00 to $18.00 and set an “underperform” rating for the company in a research report on Tuesday, June 9th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Campbell’s in a report on Tuesday, June 30th. Twelve investment analysts have rated the stock with a Hold rating and eight have issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Reduce” and a consensus price target of $21.88.

Campbell’s 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.