Wealth Enhancement Advisory Services LLC Purchases 26,701 Shares of The Campbell’s Company $CPB

Wealth Enhancement Advisory Services LLC grew its position in shares of The Campbell’s Company (NASDAQ:CPB) by 107.6% during the 3rd quarter, Holdings Channel.com reports. The firm owned 51,508 shares of the company’s stock after acquiring an additional 26,701 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Campbell’s were worth $1,602,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of CPB. J.W. Cole Advisors Inc. boosted its stake in Campbell’s by 1.9% in the second quarter. J.W. Cole Advisors Inc. now owns 19,920 shares of the company’s stock worth $611,000 after buying an additional 375 shares in 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. SBI Securities Co. Ltd. lifted its holdings in shares of Campbell’s by 66.8% in the 2nd quarter. SBI Securities Co. Ltd. now owns 961 shares of the company’s stock worth $29,000 after acquiring an additional 385 shares during the last quarter. Kentucky Trust Co boosted its stake in shares of Campbell’s by 40.0% in the 3rd quarter. Kentucky Trust Co now owns 1,400 shares of the company’s stock valued at $44,000 after purchasing an additional 400 shares in the last quarter. Finally, Exchange Traded Concepts LLC grew its holdings in shares of Campbell’s by 5.7% during the 3rd quarter. Exchange Traded Concepts LLC now owns 8,398 shares of the company’s stock valued at $265,000 after purchasing an additional 452 shares during the last quarter. 52.35% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have weighed in on the stock. Weiss Ratings downgraded shares of Campbell’s from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, January 5th. DA Davidson reissued a “neutral” rating and issued a $30.00 target price on shares of Campbell’s in a research note on Thursday, December 11th. Royal Bank Of Canada dropped their target price on Campbell’s from $35.00 to $30.00 and set a “sector perform” rating for the company in a report on Wednesday, December 10th. Wells Fargo & Company reduced their price target on Campbell’s from $31.00 to $30.00 and set an “equal weight” rating on the stock in a research report on Wednesday, December 10th. Finally, Sanford C. Bernstein lowered their price objective on Campbell’s from $39.00 to $33.00 and set an “outperform” rating for the company in a research report on Wednesday, December 10th. Three research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and six have issued a Sell rating to the stock. According to MarketBeat, Campbell’s presently has an average rating of “Reduce” and an average price target of $32.29.

Campbell’s Stock Up 3.6%

Shares of NASDAQ:CPB opened at $27.98 on Friday. The stock’s 50-day moving average is $28.04 and its 200 day moving average is $30.50. The company has a market cap of $8.34 billion, a PE ratio of 14.50, a P/E/G ratio of 9.48 and a beta of -0.04. The company has a debt-to-equity ratio of 1.54, a current ratio of 0.82 and a quick ratio of 0.34. The Campbell’s Company has a 1 year low of $25.62 and a 1 year high of $43.85.

Campbell’s (NASDAQ:CPB) last issued its quarterly earnings data on Tuesday, December 9th. The company reported $0.77 earnings per share for the quarter, topping analysts’ consensus estimates of $0.73 by $0.04. Campbell’s had a return on equity of 21.84% and a net margin of 5.69%.The firm had revenue of $2.68 billion for the quarter. The company’s quarterly revenue was down 3.4% on a year-over-year basis. Campbell’s has set its FY 2026 guidance at 2.400-2.550 EPS. Sell-side analysts anticipate that The Campbell’s Company will post 3.15 EPS for the current year.

Campbell’s Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, February 2nd. Shareholders of record on Thursday, January 8th will be given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 5.6%. The ex-dividend date of this dividend is Thursday, January 8th. Campbell’s’s payout ratio is presently 80.83%.

Insider Buying and Selling at Campbell’s

In related news, EVP Charles A. Brawley III sold 11,550 shares of the business’s stock in a transaction dated Tuesday, December 30th. The shares were sold at an average price of $28.14, for a total transaction of $325,017.00. Following the transaction, the executive vice president owned 43,777 shares in the company, valued at $1,231,884.78. The trade was a 20.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Anthony Sanzio sold 2,700 shares of the stock in a transaction dated Friday, January 9th. The stock was sold at an average price of $26.51, for a total transaction of $71,577.00. Following the completion of the transaction, the executive vice president directly owned 25,264 shares of the company’s stock, valued at approximately $669,748.64. The trade was a 9.66% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 19.78% of the stock is currently owned by corporate insiders.

Campbell’s Company Profile

Campbell’s (NASDAQ: CPB) is a leading manufacturer of shelf-stable foods and beverages, best known for its iconic soups and broths. Headquartered in Camden, New Jersey, the company offers a diverse portfolio of products designed to meet consumer demand for convenient, affordable meals and snacks. Since its founding in 1869, Campbell’s has grown through a combination of organic innovation and strategic acquisitions to expand its presence in the food industry.

The company’s brand portfolio includes Campbell’s Condensed Soups, V8 juices, Prego pasta sauces, Swanson broths and stocks, Pace salsas and dips, and Pepperidge Farm baked snacks.