BNP Paribas Financial Markets Sells 152,011 Shares of The Campbell’s Company $CPB

BNP Paribas Financial Markets trimmed its position in shares of The Campbell’s Company (NASDAQ:CPB) by 27.0% during the 4th quarter, Holdings Channel reports. The fund owned 410,261 shares of the company’s stock after selling 152,011 shares during the period. BNP Paribas Financial Markets’ holdings in Campbell’s were worth $11,434,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Stance Capital LLC bought a new stake in Campbell’s during the third quarter worth approximately $27,000. Flagship Harbor Advisors LLC bought a new stake in Campbell’s in the fourth quarter worth $29,000. IFP Advisors Inc bought a new stake in Campbell’s in the third quarter worth $37,000. Geneos Wealth Management Inc. boosted its stake in Campbell’s by 333.3% during 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 period. Finally, Rothschild Investment LLC increased its position in Campbell’s by 85.5% during the third quarter. Rothschild Investment LLC now owns 1,271 shares of the company’s stock valued at $40,000 after acquiring an additional 586 shares during the last quarter. 52.35% of the stock is currently owned by institutional investors.

Campbell’s Stock Performance

CPB stock opened at $21.68 on Monday. The Campbell’s Company has a 1-year low of $19.56 and a 1-year high of $34.66. The business has a 50-day moving average price of $20.88 and a 200 day moving average price of $24.95. The company has a market capitalization of $6.46 billion, a P/E ratio of 11.85 and a beta of 0.02. The company has a debt-to-equity ratio of 1.66, a current ratio of 1.01 and a quick ratio of 0.51.

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

Campbell’s Dividend Announcement

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 dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 7.2%. The ex-dividend date of this dividend is Thursday, July 2nd. Campbell’s’s dividend payout ratio (DPR) is presently 85.25%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Sanford C. Bernstein lowered shares of Campbell’s from a “market perform” rating to an “underperform” rating and lowered their target price for the stock from $21.00 to $19.00 in a report on Wednesday. Weiss Ratings reiterated a “sell (d+)” rating on shares of Campbell’s in a report on Thursday, April 2nd. Barclays decreased their price objective on shares of Campbell’s from $23.00 to $21.00 and set an “underweight” rating for the company in a research note on Tuesday, April 14th. Deutsche Bank Aktiengesellschaft dropped their target price on Campbell’s from $23.00 to $20.00 and set a “hold” rating for the company in a research report on Monday, March 30th. Finally, TD Cowen cut their target price on Campbell’s from $29.00 to $24.00 and set a “hold” rating on the stock in a research note on Thursday, March 12th. Thirteen investment analysts have rated the stock with a Hold rating and seven have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and an average target price of $22.75.

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.