Norges Bank Makes New $26.94 Million Investment in The Campbell’s Company $CPB

Norges Bank bought a new position in shares of The Campbell’s Company (NASDAQ:CPB) in the fourth quarter, HoldingsChannel.com reports. The firm bought 966,456 shares of the company’s stock, valued at approximately $26,935,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of CPB. Stance Capital LLC acquired a new position in Campbell’s during the 3rd quarter worth $27,000. Flagship Harbor Advisors LLC acquired a new position in Campbell’s during the 4th quarter worth $29,000. IFP Advisors Inc acquired a new position in Campbell’s during the 3rd quarter worth $37,000. Geneos Wealth Management Inc. lifted its position in Campbell’s by 333.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 975 shares of the company’s stock worth $39,000 after acquiring an additional 750 shares during the last quarter. Finally, Rothschild Investment LLC lifted its position in Campbell’s by 85.5% during the 3rd quarter. Rothschild Investment LLC now owns 1,271 shares of the company’s stock worth $40,000 after acquiring an additional 586 shares during the last quarter. Institutional investors and hedge funds own 52.35% of the company’s stock.

Key Stories Impacting Campbell’s

Here are the key news stories impacting Campbell’s this week:

• Positive Sentiment: Campbell’s reported Q3 adjusted EPS of $0.50, topping the $0.48 consensus, showing earnings held up better than expected. Campbell’s Reports Third Quarter Fiscal 2026 Results
• Positive Sentiment: The company reaffirmed its FY 2026 outlook, signaling management still sees earnings stability even as it works through inflation and demand headwinds. Reuters article on annual forecast
• Neutral Sentiment: Analysts and market coverage highlighted Campbell’s as a defensive, dividend-paying stock, which may be supporting interest from income-focused investors. CPB Stock Slips Premarket After Earnings – But Retail Still Sees Campbell’s As A ‘Defensive Play’
• Neutral Sentiment: Campbell’s updated FY 2026 EPS guidance to $2.15-$2.25, roughly in line with expectations, suggesting limited near-term upside but also no major surprise to the downside. Campbell’s Reports Third Quarter Fiscal 2026 Results
• Negative Sentiment: Revenue came in at $2.37 billion, down 4.4% year over year, with continued weakness in snacks and softer consumer demand weighing on growth. Campbell’s Sales Fall on Continued Weak Demand for Snacks
• Negative Sentiment: Bank of America cut its price target to $18 and kept an underperform rating, reflecting skepticism about the stock’s near-term upside after the earnings report. Benzinga report on price target cut

Analysts Set New Price Targets

A number of research analysts have recently commented on CPB shares. Bank of America cut their price objective on shares of Campbell’s from $20.00 to $18.00 and set an “underperform” rating for the company in a research report on Tuesday. UBS Group cut their price objective on shares of Campbell’s from $19.00 to $17.00 and set a “sell” rating for the company in a research report on Tuesday. Sanford C. Bernstein reaffirmed an “underperform” rating and set a $19.00 price objective (down from $21.00) on shares of Campbell’s in a research report on Tuesday. TD Cowen cut their price objective on shares of Campbell’s from $29.00 to $24.00 and set a “hold” rating for the company in a research report on Thursday, March 12th. Finally, Barclays cut their price objective on shares of Campbell’s from $21.00 to $19.00 and set an “underweight” rating for the company in a research report on Monday. Thirteen equities research analysts have rated the stock with a Hold rating and seven have assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Reduce” and an average price target of $21.88.

Campbell’s Price Performance

Shares of Campbell’s stock opened at $22.13 on Wednesday. The company has a current ratio of 0.87, a quick ratio of 0.51 and a debt-to-equity ratio of 1.53. The stock has a market capitalization of $6.60 billion, a price-to-earnings ratio of 10.96 and a beta of 0.02. The Campbell’s Company has a 1-year low of $19.56 and a 1-year high of $34.44. The firm’s 50-day moving average price is $20.90 and its two-hundred day moving average price is $24.82.

Campbell’s (NASDAQ:CPB) last issued its quarterly earnings data on Monday, June 8th. The company reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.02. Campbell’s had a net margin of 6.12% and a return on equity of 18.04%. The firm had revenue of $2.37 billion for the quarter. During the same period in the prior year, the company posted $0.22 earnings per share. Campbell’s’s quarterly revenue was down 4.4% compared to the same quarter last year. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. On average, equities analysts predict that The Campbell’s Company will post 2.18 earnings per share for the current fiscal year.

Campbell’s Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, August 3rd. Stockholders of record on Thursday, July 2nd will be paid a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 7.0%. The ex-dividend date of this dividend is Thursday, July 2nd. Campbell’s’s dividend payout ratio is 85.25%.

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.