Wealth Enhancement Advisory Services LLC Raises Stake in The Campbell’s Company $CPB

Wealth Enhancement Advisory Services LLC boosted its stake in shares of The Campbell’s Company (NASDAQ:CPB) by 107.6% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 51,508 shares of the company’s stock after buying an additional 26,701 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Campbell’s were worth $1,602,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Ameritas Advisory Services LLC purchased a new stake in shares of Campbell’s during the 2nd quarter worth approximately $25,000. SBI Securities Co. Ltd. grew its holdings in Campbell’s by 66.8% during the second quarter. SBI Securities Co. Ltd. now owns 961 shares of the company’s stock valued at $29,000 after purchasing an additional 385 shares during the period. Parvin Asset Management LLC bought a new position in Campbell’s during the second quarter valued at $35,000. Geneos Wealth Management Inc. increased its position in Campbell’s by 333.3% in the first quarter. Geneos Wealth Management Inc. now owns 975 shares of the company’s stock worth $39,000 after buying an additional 750 shares during the last quarter. Finally, Kentucky Trust Co raised its stake in shares of Campbell’s by 40.0% in the third quarter. Kentucky Trust Co now owns 1,400 shares of the company’s stock valued at $44,000 after buying an additional 400 shares during the period. Hedge funds and other institutional investors own 52.35% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. Morgan Stanley cut their price target on Campbell’s from $30.00 to $28.00 and set a “cautious” rating for the company in a research note on Friday, January 16th. UBS Group cut their target price on shares of Campbell’s from $28.00 to $26.00 and set a “sell” rating for the company in a research report on Wednesday, December 10th. Sanford C. Bernstein reduced their target price on shares of Campbell’s from $39.00 to $33.00 and set an “outperform” rating for the company in a research note on Wednesday, December 10th. Barclays set a $27.00 price target on shares of Campbell’s in a research note on Friday, January 16th. Finally, DA Davidson reiterated a “neutral” rating and issued a $30.00 price objective on shares of Campbell’s in a research note on Thursday, December 11th. Three equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and six have given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Reduce” and an average price target of $32.29.

Campbell’s Price Performance

CPB stock opened at $27.98 on Friday. The firm has a 50 day moving average of $28.04 and a 200-day moving average of $30.50. The firm has a market capitalization of $8.34 billion, a P/E ratio of 14.50, a price-to-earnings-growth ratio of 9.48 and a beta of -0.04. The Campbell’s Company has a 12 month low of $25.62 and a 12 month high of $43.85. The company has a current ratio of 0.82, a quick ratio of 0.34 and a debt-to-equity ratio of 1.54.

Campbell’s (NASDAQ:CPB) last posted its earnings results on Tuesday, December 9th. The company reported $0.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.73 by $0.04. Campbell’s had a net margin of 5.69% and a return on equity of 21.84%. The business had revenue of $2.68 billion for the quarter. The company’s revenue was down 3.4% on a year-over-year basis. Campbell’s has set its FY 2026 guidance at 2.400-2.550 EPS. As a group, sell-side analysts predict that The Campbell’s Company will post 3.15 earnings per share for the current fiscal year.

Campbell’s Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, February 2nd. Investors of record on Thursday, January 8th will be given a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 5.6%. The ex-dividend date is Thursday, January 8th. Campbell’s’s payout ratio is presently 80.83%.

Insider Transactions at Campbell’s

In other Campbell’s news, EVP Anthony Sanzio sold 2,700 shares of the firm’s stock in a transaction dated Friday, January 9th. The stock was sold at an average price of $26.51, for a total value of $71,577.00. Following the sale, the executive vice president owned 25,264 shares of the company’s stock, valued at $669,748.64. This trade represents a 9.66% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Charles A. Brawley III sold 11,550 shares of Campbell’s stock in a transaction dated Tuesday, December 30th. The shares were sold at an average price of $28.14, for a total value of $325,017.00. Following the sale, the executive vice president owned 43,777 shares of the company’s stock, valued at approximately $1,231,884.78. This trade represents a 20.88% decrease in their position. The SEC filing for this sale provides additional information. 19.78% of the stock is owned by corporate insiders.

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.