D.A. Davidson & CO. Buys Shares of 26,334 The Campbell’s Company $CPB

D.A. Davidson & CO. purchased a new position in The Campbell’s Company (NASDAQ:CPB) in the first quarter, HoldingsChannel reports. The institutional investor purchased 26,334 shares of the company’s stock, valued at approximately $586,000.

A number of other institutional investors have also recently made changes to their positions in CPB. Ashton Thomas Private Wealth LLC bought a new position in Campbell’s during the fourth quarter valued at approximately $1,596,000. Hsbc Holdings PLC lifted its holdings in shares of Campbell’s by 644.9% in the 1st quarter. Hsbc Holdings PLC now owns 1,864,119 shares of the company’s stock worth $41,319,000 after acquiring an additional 1,613,873 shares during the last quarter. Fluent Financial LLC bought a new stake in shares of Campbell’s in the 4th quarter worth approximately $6,173,000. Cerity Partners LLC boosted its stake in shares of Campbell’s by 190.3% in the 4th quarter. Cerity Partners LLC now owns 2,680,839 shares of the company’s stock valued at $74,715,000 after purchasing an additional 1,757,264 shares in the last quarter. Finally, AE Wealth Management LLC boosted its stake in shares of Campbell’s by 2,690.1% in the 4th quarter. AE Wealth Management LLC now owns 807,341 shares of the company’s stock valued at $22,501,000 after purchasing an additional 778,405 shares in the last quarter. Institutional investors own 52.35% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the stock. Stifel Nicolaus lifted their target price on shares of Campbell’s from $20.00 to $22.00 and gave the stock a “hold” rating in a research report on Wednesday. Stephens lowered shares of Campbell’s from an “overweight” rating to an “equal weight” rating and cut their price target for the company from $28.00 to $21.00 in a research report on Monday, June 1st. DA Davidson raised Campbell’s to a “hold” rating in a research note on Monday, July 6th. Royal Bank Of Canada decreased their price objective on Campbell’s from $23.00 to $21.00 and set a “sector perform” rating on the stock in a report on Tuesday, June 9th. Finally, Wells Fargo & Company lowered Campbell’s from an “equal weight” rating to an “underweight” rating and lowered their target price for the company from $20.00 to $18.00 in a research note on Wednesday, April 8th. Twelve investment analysts have rated the stock with a Hold rating and eight have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus price target of $22.00.

Campbell’s Trading Up 2.0%

NASDAQ CPB opened at $21.84 on Friday. The stock has a market cap of $6.51 billion, a P/E ratio of 10.81 and a beta of 0.02. The Campbell’s Company has a fifty-two week low of $19.56 and a fifty-two week high of $34.17. The stock has a 50 day simple moving average of $21.72 and a two-hundred day simple moving average of $23.26. The company has a debt-to-equity ratio of 1.53, a quick ratio of 0.38 and a current ratio of 0.87.

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

Campbell’s Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 3rd. Shareholders of record on Thursday, July 2nd will be issued a $0.39 dividend. The ex-dividend date is Thursday, July 2nd. This represents a $1.56 annualized dividend and a yield of 7.1%. Campbell’s’s dividend payout ratio is 77.23%.

Campbell’s 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.