Brokerages Set The Campbell’s Company (NASDAQ:CPB) Target Price at $34.71

Shares of The Campbell’s Company (NASDAQ:CPB) have received an average recommendation of “Reduce” from the twenty-one research firms that are covering the company, Marketbeat reports. Five analysts have rated the stock with a sell recommendation, thirteen have given a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $34.8235.

Several equities analysts have commented on the stock. Stifel Nicolaus decreased their price objective on shares of Campbell’s from $38.00 to $34.00 and set a “hold” rating on the stock in a report on Tuesday, July 29th. Morgan Stanley upped their price objective on shares of Campbell’s from $32.00 to $33.00 and gave the company an “equal weight” rating in a report on Friday, September 5th. DA Davidson reduced their target price on shares of Campbell’s from $39.00 to $34.00 and set a “neutral” rating for the company in a research report on Monday, June 9th. Bank of America boosted their target price on shares of Campbell’s from $29.00 to $30.00 and gave the company an “underperform” rating in a research report on Thursday, September 4th. Finally, Cowen reissued a “hold” rating on shares of Campbell’s in a research report on Thursday, September 4th.

Institutional Investors Weigh In On Campbell’s

Institutional investors have recently modified their holdings of the business. Ameritas Advisory Services LLC bought a new stake in shares of Campbell’s in the second quarter valued at about $25,000. Manchester Capital Management LLC lifted its position in Campbell’s by 923.2% during the first quarter. Manchester Capital Management LLC now owns 706 shares of the company’s stock worth $28,000 after purchasing an additional 637 shares during the period. ORG Partners LLC lifted its position in Campbell’s by 77.3% during the second quarter. ORG Partners LLC now owns 906 shares of the company’s stock worth $29,000 after purchasing an additional 395 shares during the period. SBI Securities Co. Ltd. lifted its position in Campbell’s by 66.8% during the second quarter. SBI Securities Co. Ltd. now owns 961 shares of the company’s stock worth $29,000 after purchasing an additional 385 shares during the period. Finally, NBC Securities Inc. bought a new stake in Campbell’s during the first quarter worth about $31,000. Institutional investors own 52.35% of the company’s stock.

Campbell’s Price Performance

NASDAQ:CPB opened at $32.08 on Monday. Campbell’s has a one year low of $29.39 and a one year high of $49.71. The company has a market cap of $9.56 billion, a P/E ratio of 16.04, a P/E/G ratio of 11.15 and a beta of 0.05. The firm’s fifty day moving average price is $32.69 and its two-hundred day moving average price is $34.22. The company has a debt-to-equity ratio of 1.56, a current ratio of 0.77 and a quick ratio of 0.28.

Campbell’s (NASDAQ:CPB) last released its quarterly earnings data on Wednesday, September 3rd. The company reported $0.62 EPS for the quarter, beating the consensus estimate of $0.57 by $0.05. Campbell’s had a net margin of 5.87% and a return on equity of 22.95%. The firm had revenue of $2.32 billion for the quarter, compared to the consensus estimate of $2.33 billion. During the same period in the previous year, the company earned $3.08 earnings per share. The company’s quarterly revenue was up 1.2% on a year-over-year basis. Campbell’s has set its FY 2026 guidance at 2.400-2.550 EPS. Equities analysts expect that Campbell’s will post 3.15 earnings per share for the current year.

Campbell’s Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 3rd. Stockholders of record on Thursday, October 2nd will be given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date of this dividend is Thursday, October 2nd. Campbell’s’s payout ratio is presently 78.00%.

About Campbell’s

The Campbell’s Company, formerly known as Campbell Soup Company, together with its subsidiaries, manufactures and markets food and beverage products in the United States and internationally. The company operates through Meals & Beverages and Snacks segments. The Meals & Beverages segment engages in the retail and foodservice businesses in the United States and Canada.