Campbell's (NASDAQ:CPB) Price Target Lowered to $34.00 at DA Davidson

Campbell's (NASDAQ:CPB - Get Free Report) had its price target dropped by analysts at DA Davidson from $39.00 to $34.00 in a note issued to investors on Monday,Benzinga reports. The brokerage currently has a "neutral" rating on the stock. DA Davidson's target price points to a potential upside of 2.04% from the stock's current price. DA Davidson also issued estimates for Campbell's' Q4 2025 earnings at $0.55 EPS, FY2025 earnings at $2.91 EPS and FY2026 earnings at $2.71 EPS.

A number of other research firms have also recently commented on CPB. Consumer Edge reissued an "equal weight" rating on shares of Campbell's in a research report on Monday, March 17th. Stifel Nicolaus reduced their price target on Campbell's from $40.00 to $38.00 and set a "hold" rating on the stock in a research report on Tuesday, June 3rd. Jefferies Financial Group lowered their price objective on Campbell's from $40.00 to $37.00 and set a "buy" rating for the company in a research report on Wednesday, May 21st. Barclays dropped their target price on Campbell's from $40.00 to $35.00 and set an "underweight" rating on the stock in a research note on Tuesday, June 3rd. Finally, Citigroup decreased their price target on Campbell's from $33.00 to $32.00 and set a "sell" rating for the company in a research note on Tuesday, June 3rd. Five research analysts have rated the stock with a sell rating, eleven have issued a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $40.11.

Campbell's Stock Down 0.2%

Shares of NASDAQ:CPB traded down $0.08 on Monday, reaching $33.32. The company had a trading volume of 5,401,943 shares, compared to its average volume of 2,935,082. The firm has a market capitalization of $9.93 billion, a PE ratio of 18.21, a PEG ratio of 2.71 and a beta of 0.11. The company has a current ratio of 0.91, a quick ratio of 0.50 and a debt-to-equity ratio of 1.74. Campbell's has a 52-week low of $32.84 and a 52-week high of $52.81. The firm's 50 day simple moving average is $35.67 and its 200-day simple moving average is $38.70.

Campbell's (NASDAQ:CPB - Get Free Report) last issued its quarterly earnings data on Monday, June 2nd. The company reported $0.73 earnings per share for the quarter, beating analysts' consensus estimates of $0.65 by $0.08. The company had revenue of $2.48 billion for the quarter, compared to the consensus estimate of $2.44 billion. Campbell's had a return on equity of 23.79% and a net margin of 5.57%. The firm's revenue for the quarter was up 4.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.75 earnings per share. As a group, analysts expect that Campbell's will post 3.15 earnings per share for the current fiscal year.

Insider Activity at Campbell's

In other Campbell's news, EVP Charles A. Brawley III sold 2,498 shares of the company's stock in a transaction that occurred on Monday, March 31st. The stock was sold at an average price of $40.03, for a total value of $99,994.94. Following the sale, the executive vice president now owns 37,590 shares in the company, valued at approximately $1,504,727.70. This represents a 6.23% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 20.19% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Campbell's

Large investors have recently made changes to their positions in the company. Handelsbanken Fonder AB raised its position in shares of Campbell's by 161.8% in the fourth quarter. Handelsbanken Fonder AB now owns 186,277 shares of the company's stock worth $7,801,000 after acquiring an additional 115,122 shares during the period. ING Groep NV acquired a new position in Campbell's in the 4th quarter worth about $1,062,000. Hussman Strategic Advisors Inc. boosted its position in Campbell's by 133.3% during the fourth quarter. Hussman Strategic Advisors Inc. now owns 147,000 shares of the company's stock worth $6,156,000 after purchasing an additional 84,000 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in Campbell's by 1.2% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,787,481 shares of the company's stock worth $74,860,000 after purchasing an additional 21,849 shares in the last quarter. Finally, Deutsche Bank AG grew its holdings in Campbell's by 56.9% in the fourth quarter. Deutsche Bank AG now owns 2,662,547 shares of the company's stock valued at $111,507,000 after purchasing an additional 966,044 shares during the period. 52.35% of the stock is currently owned by institutional investors and hedge funds.

About Campbell's

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.