Tectonic Advisors LLC Purchases 4,629 Shares of The Campbell’s Company $CPB

Tectonic Advisors LLC lifted its position in The Campbell’s Company (NASDAQ:CPB) by 61.0% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 12,216 shares of the company’s stock after purchasing an additional 4,629 shares during the quarter. Tectonic Advisors LLC’s holdings in Campbell’s were worth $374,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Vontobel Holding Ltd. increased its holdings in shares of Campbell’s by 3.4% in the second quarter. Vontobel Holding Ltd. now owns 17,179 shares of the company’s stock worth $527,000 after purchasing an additional 567 shares during the last quarter. KLP Kapitalforvaltning AS increased its holdings in shares of Campbell’s by 1.9% in the second quarter. KLP Kapitalforvaltning AS now owns 79,750 shares of the company’s stock worth $2,444,000 after purchasing an additional 1,500 shares during the last quarter. Simplicity Wealth LLC bought a new stake in shares of Campbell’s in the second quarter worth about $547,000. Eliot Finkel Investment Counsel LLC bought a new stake in shares of Campbell’s in the second quarter worth about $5,075,000. Finally, Successful Portfolios LLC increased its stake in Campbell’s by 9.7% during the second quarter. Successful Portfolios LLC now owns 7,489 shares of the company’s stock worth $230,000 after acquiring an additional 662 shares during the last quarter. 52.35% of the stock is owned by institutional investors.

Campbell’s Trading Up 1.7%

CPB opened at $30.39 on Friday. The stock has a market cap of $9.05 billion, a price-to-earnings ratio of 15.20, a P/E/G ratio of 10.39 and a beta of 0.02. The stock’s 50 day moving average price is $32.45 and its 200-day moving average price is $33.78. The Campbell’s Company has a one year low of $29.39 and a one year high of $49.11. The company has a debt-to-equity ratio of 1.56, a quick ratio of 0.28 and a current ratio of 0.77.

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

Campbell’s Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, November 3rd. Investors of record on Thursday, October 2nd will be issued a $0.39 dividend. The ex-dividend date is Thursday, October 2nd. This represents a $1.56 dividend on an annualized basis and a dividend yield of 5.1%. Campbell’s’s payout ratio is presently 78.00%.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on CPB. Sanford C. Bernstein boosted their price objective on Campbell’s from $38.00 to $39.00 and gave the stock an “outperform” rating in a research note on Thursday, September 4th. UBS Group reduced their price objective on Campbell’s from $33.00 to $30.00 and set a “sell” rating on the stock in a research note on Friday, August 29th. Stifel Nicolaus reduced their price objective on Campbell’s from $38.00 to $34.00 and set a “hold” rating on the stock in a research note on Tuesday, July 29th. JPMorgan Chase & Co. began coverage on Campbell’s in a research note on Wednesday, August 20th. They set a “neutral” rating and a $33.00 price objective on the stock. Finally, Argus cut Campbell’s from a “buy” rating to a “hold” rating in a research note on Friday, June 20th. Three research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and five have given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Reduce” and an average target price of $34.82.

Campbell’s Profile

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.