Sicart Associates LLC Decreases Stock Holdings in The Campbell’s Company $CPB

Sicart Associates LLC trimmed its holdings in The Campbell’s Company (NASDAQ:CPB) by 0.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 64,000 shares of the company’s stock after selling 550 shares during the quarter. Sicart Associates LLC’s holdings in Campbell’s were worth $1,962,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the business. New England Asset Management Inc. lifted its holdings in shares of Campbell’s by 0.6% in the 1st quarter. New England Asset Management Inc. now owns 64,690 shares of the company’s stock worth $2,582,000 after acquiring an additional 370 shares during the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of Campbell’s by 22.4% in the 2nd quarter. Farther Finance Advisors LLC now owns 2,102 shares of the company’s stock worth $64,000 after acquiring an additional 384 shares during the last quarter. ORG Partners LLC lifted its holdings in shares of Campbell’s by 77.3% in the 2nd quarter. ORG Partners LLC now owns 906 shares of the company’s stock worth $29,000 after acquiring an additional 395 shares during the last quarter. Howe & Rusling Inc. lifted its holdings in shares of Campbell’s by 3.5% in the 1st quarter. Howe & Rusling Inc. now owns 11,786 shares of the company’s stock worth $470,000 after acquiring an additional 400 shares during the last quarter. Finally, Personal CFO Solutions LLC lifted its holdings in shares of Campbell’s by 5.5% in the 1st quarter. Personal CFO Solutions LLC now owns 8,077 shares of the company’s stock worth $322,000 after acquiring an additional 421 shares during the last quarter. 52.35% of the stock is owned by hedge funds and other institutional investors.

Campbell’s Trading Up 2.3%

Shares of NASDAQ:CPB opened at $31.58 on Wednesday. The Campbell’s Company has a 52 week low of $29.39 and a 52 week high of $49.11. The company’s 50 day moving average is $32.68 and its two-hundred day moving average is $34.15. The company has a current ratio of 0.77, a quick ratio of 0.28 and a debt-to-equity ratio of 1.56. The company has a market cap of $9.41 billion, a PE ratio of 15.79, a P/E/G ratio of 10.73 and a beta of 0.05.

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

Campbell’s Announces Dividend

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

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on CPB. DA Davidson decreased their price objective on shares of Campbell’s from $39.00 to $34.00 and set a “neutral” rating on the stock in a report on Monday, June 9th. Citigroup cut their target price on shares of Campbell’s from $33.00 to $32.00 and set a “sell” rating on the stock in a research note on Tuesday, June 3rd. Wells Fargo & Company upped their target price on shares of Campbell’s from $32.00 to $34.00 and gave the stock an “equal weight” rating in a research note on Thursday, September 25th. Barclays cut their target price on shares of Campbell’s from $35.00 to $30.00 and set an “underweight” rating on the stock in a research note on Monday, July 14th. Finally, Argus downgraded shares of Campbell’s from a “buy” rating to a “hold” rating in a research note on Friday, June 20th. Three equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and five have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and a consensus target price of $34.82.

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.