Campbell’s (NASDAQ:CPB) Issues Earnings Results

Campbell’s (NASDAQ:CPB) posted its quarterly earnings results on Tuesday. The company reported $0.77 EPS for the quarter, topping analysts’ consensus estimates of $0.73 by $0.04, Zacks reports. The business had revenue of $2.68 billion during the quarter. Campbell’s had a return on equity of 21.84% and a net margin of 5.69%.The company’s quarterly revenue was down 3.4% compared to the same quarter last year. Campbell’s updated its FY 2026 guidance to 2.400-2.550 EPS.

Campbell’s Trading Down 1.0%

Shares of Campbell’s stock opened at $28.18 on Thursday. The company has a quick ratio of 0.28, a current ratio of 0.82 and a debt-to-equity ratio of 1.54. Campbell’s has a 12-month low of $27.85 and a 12-month high of $43.85. The company has a market capitalization of $8.39 billion, a price-to-earnings ratio of 14.60, a PEG ratio of 9.93 and a beta of -0.05. The firm’s 50-day moving average price is $30.53 and its two-hundred day moving average price is $31.79.

Campbell’s Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, February 2nd. Investors of record on Thursday, January 8th will be given a dividend of $0.39 per share. The ex-dividend date of this dividend is Thursday, January 8th. This represents a $1.56 annualized dividend and a yield of 5.5%. Campbell’s’s dividend payout ratio is currently 78.00%.

Analysts Set New Price Targets

Several equities analysts have commented on CPB shares. Stephens decreased their price objective on shares of Campbell’s from $40.00 to $38.00 and set an “overweight” rating on the stock in a report on Monday. Zacks Research raised Campbell’s from a “strong sell” rating to a “hold” rating in a report on Monday, October 6th. Sanford C. Bernstein lowered their price objective on Campbell’s from $39.00 to $33.00 and set an “outperform” rating on the stock in a research report on Wednesday. UBS Group reduced their target price on shares of Campbell’s from $28.00 to $26.00 and set a “sell” rating for the company in a research report on Wednesday. Finally, Stifel Nicolaus lowered their price target on shares of Campbell’s from $34.00 to $30.00 and set a “hold” rating on the stock in a research report on Wednesday. Three equities research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and five have given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus price target of $32.59.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in shares of Campbell’s by 2.1% in the 1st quarter. Vanguard Group Inc. now owns 24,120,172 shares of the company’s stock valued at $962,877,000 after purchasing an additional 494,567 shares during the last quarter. State Street Corp boosted its stake in Campbell’s by 1.3% in the second quarter. State Street Corp now owns 11,960,359 shares of the company’s stock valued at $366,585,000 after buying an additional 149,679 shares in the last quarter. Invesco Ltd. raised its stake in Campbell’s by 42.6% during the third 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 in the last quarter. Dimensional Fund Advisors LP raised its stake in Campbell’s by 16.5% during the third quarter. Dimensional Fund Advisors LP now owns 6,546,957 shares of the company’s stock worth $206,738,000 after acquiring an additional 928,843 shares in the last quarter. Finally, Geode Capital Management LLC lifted its holdings in shares of Campbell’s by 2.2% in the second quarter. Geode Capital Management LLC now owns 5,576,573 shares of the company’s stock worth $170,279,000 after acquiring an additional 121,777 shares during the last quarter. 52.35% of the stock is owned by institutional investors.

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.