Bank of New York Mellon Corp Buys 93,912 Shares of The Campbell’s Company $CPB

Bank of New York Mellon Corp boosted its stake in shares of The Campbell’s Company (NASDAQ:CPB) by 3.2% during the fourth quarter, Holdings Channel.com reports. The fund owned 3,048,098 shares of the company’s stock after acquiring an additional 93,912 shares during the period. Bank of New York Mellon Corp’s holdings in Campbell’s were worth $84,951,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in CPB. Two Sigma Investments LP increased its stake in Campbell’s by 534.8% during the 3rd quarter. Two Sigma Investments LP now owns 4,937,170 shares of the company’s stock worth $155,916,000 after acquiring an additional 4,159,398 shares during the period. Invesco Ltd. increased its stake in Campbell’s by 42.6% during the 3rd quarter. Invesco Ltd. now owns 7,995,733 shares of the company’s stock worth $252,505,000 after acquiring an additional 2,387,575 shares during the period. UBS Group AG increased its stake in Campbell’s by 175.7% during the 3rd quarter. UBS Group AG now owns 3,730,947 shares of the company’s stock worth $117,823,000 after acquiring an additional 2,377,488 shares during the period. Arrowstreet Capital Limited Partnership increased its stake in Campbell’s by 287.5% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 2,377,390 shares of the company’s stock worth $75,078,000 after acquiring an additional 1,763,870 shares during the period. Finally, Thompson Siegel & Walmsley LLC bought a new position in Campbell’s during the 4th quarter worth $36,998,000. Institutional investors own 52.35% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have commented on CPB. Royal Bank Of Canada restated a “sector perform” rating on shares of Campbell’s in a research note on Thursday. DA Davidson decreased their price target on Campbell’s from $30.00 to $20.00 and set a “neutral” rating on the stock in a research note on Friday, May 22nd. Morgan Stanley decreased their price target on Campbell’s from $23.00 to $21.00 and set an “equal weight” rating on the stock in a research note on Friday. Sanford C. Bernstein lowered Campbell’s from a “market perform” rating to an “underperform” rating and decreased their price target for the company from $21.00 to $19.00 in a research note on Wednesday, June 3rd. Finally, Jefferies Financial Group reiterated a “hold” rating and issued a $26.00 price target on shares of Campbell’s in a research note on Monday, March 2nd. Thirteen investment analysts have rated the stock with a Hold rating and seven have assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Reduce” and a consensus price target of $22.63.

Key Campbell’s News

Here are the key news stories impacting Campbell’s this week:

• Positive Sentiment: Campbell’s beat Q3 EPS estimates, reporting $0.50 per share versus the $0.48 consensus, which helped offset some of the concern around softer demand. Campbell’s (CPB) Surpasses Q3 Earnings Estimates
• Positive Sentiment: The company reaffirmed its full-year outlook, suggesting management still expects results to stay within prior guidance despite inflation and weaker consumer spending. Packaged food firm Campbell’s reaffirms annual forecast on weak consumer spending
• Positive Sentiment: Shares rose in early trading after the EPS beat, with investors reacting favorably to better-than-expected profit despite the sales miss. Motorcar Parts Of America, Campbell’s And 3 Stocks To Watch Heading Into Monday
• Neutral Sentiment: Campbell’s reported Q3 revenue of $2.37 billion, down 4.4% year over year, as weaker snack volumes and cautious consumer spending continued to pressure the top line. Campbell’s Reports Third Quarter Fiscal 2026 Results
• Negative Sentiment: Persistent weakness in the snacks business and inflation-driven margin pressure are still the main investor concerns, limiting enthusiasm around the earnings beat. Campbell’s Sales Fall on Continued Weak Demand for Snacks
• Negative Sentiment: Analysts noted that sales missed expectations, reinforcing worries that Campbell’s recovery in its snack segment may take time. The Campbell’s Company: Still Too Early To Take A Bite

Campbell’s Trading Down 0.9%

NASDAQ CPB opened at $21.49 on Tuesday. The company has a quick ratio of 0.51, a current ratio of 1.01 and a debt-to-equity ratio of 1.66. The Campbell’s Company has a twelve month low of $19.56 and a twelve month high of $34.56. The company has a market cap of $6.41 billion, a price-to-earnings ratio of 11.74 and a beta of 0.02. The business’s fifty day moving average is $20.89 and its 200 day moving average is $24.89.

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 19.96% and a net margin of 5.48%.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. As a group, sell-side analysts expect that The Campbell’s Company will post 2.18 EPS for the current fiscal year.

Campbell’s Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, August 3rd. Shareholders of record on Thursday, July 2nd will be issued a dividend of $0.39 per share. The ex-dividend date of this dividend is Thursday, July 2nd. This represents a $1.56 annualized dividend and a yield of 7.3%. Campbell’s’s payout ratio is presently 85.25%.

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.