Blair William & Co. IL Sells 18,131 Shares of The Campbell’s Company $CPB

Blair William & Co. IL reduced its holdings in The Campbell’s Company (NASDAQ:CPB) by 41.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 25,129 shares of the company’s stock after selling 18,131 shares during the quarter. Blair William & Co. IL’s holdings in Campbell’s were worth $770,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of CPB. Ameritas Advisory Services LLC acquired a new position in shares of Campbell’s during the second quarter worth about $25,000. Manchester Capital Management LLC boosted 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 valued at $28,000 after purchasing an additional 637 shares during the last quarter. ORG Partners LLC lifted its position in shares of Campbell’s by 77.3% in the second quarter. ORG Partners LLC now owns 906 shares of the company’s stock valued at $29,000 after buying an additional 395 shares during the last quarter. Geneos Wealth Management Inc. lifted its position in shares of Campbell’s by 333.3% in the first quarter. Geneos Wealth Management Inc. now owns 975 shares of the company’s stock valued at $39,000 after buying an additional 750 shares during the last quarter. Finally, Banque Cantonale Vaudoise acquired a new stake in shares of Campbell’s in the first quarter valued at approximately $47,000. 52.35% of the stock is owned by institutional investors and hedge funds.

Campbell’s Trading Up 1.9%

Shares of CPB stock opened at $30.71 on Friday. The stock’s fifty day moving average price is $32.26 and its two-hundred day moving average price is $33.52. The company has a market cap of $9.14 billion, a PE ratio of 15.36, a P/E/G ratio of 10.48 and a beta of 0.02. The Campbell’s Company has a fifty-two week low of $29.39 and a fifty-two week high of $48.74. 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 issued its earnings results on Wednesday, September 3rd. The company reported $0.62 earnings per share 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 the consensus estimate of $2.33 billion. Campbell’s had a return on equity of 22.95% and a net margin of 5.87%.The company’s revenue was up 1.2% compared to the same quarter last year. During the same quarter last year, the business posted $3.08 EPS. 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 EPS for the current fiscal year.

Campbell’s Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 3rd. Shareholders of record on Thursday, October 2nd will be issued a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date of this dividend is Thursday, October 2nd. Campbell’s’s dividend payout ratio (DPR) is currently 78.00%.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on CPB shares. Argus cut Campbell’s from a “buy” rating to a “hold” rating in a report on Friday, June 20th. Weiss Ratings reissued a “hold (c-)” rating on shares of Campbell’s in a report on Wednesday, October 8th. JPMorgan Chase & Co. started 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. Barclays lowered their price objective on 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, Stifel Nicolaus lowered 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. Three investment analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and five have given a Sell rating to the company’s stock. Based on data from MarketBeat, Campbell’s has a consensus rating of “Reduce” and an average price target of $34.82.

Campbell’s Company 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.