Campbell's (NASDAQ:CPB) Sets New 52-Week Low - Time to Sell?

Key Points

• Shares hit a new 52-week low, trading around $24.97 on heavy volume (~993,179) and trading below its 50‑day ($27.17) and 200‑day ($29.61) moving averages.
• Analysts have trimmed targets and ratings — MarketBeat's consensus is a Reduce with a $31.35 target, and multiple firms have cut price targets into the ~$27–$30 range.
• Campbell's pays a 6.3% dividend (quarterly $0.39) with an ~80.8% payout ratio, but quarterly revenue fell 3.4% year-over-year and insiders have recently sold shares.

Shares of The Campbell's Company (NASDAQ:CPB - Get Free Report) reached a new 52-week low during trading on Tuesday . The company traded as low as $24.74 and last traded at $24.9710, with a volume of 993179 shares trading hands. The stock had previously closed at $25.29.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on CPB shares. Barclays set a $27.00 price objective on Campbell's in a research report on Friday, January 16th. Weiss Ratings lowered shares of Campbell's from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Monday, January 5th. Morgan Stanley reduced their price target on shares of Campbell's from $28.00 to $27.00 and set an "equal weight" rating for the company in a research report on Friday. DA Davidson reiterated a "neutral" rating and set a $30.00 price target on shares of Campbell's in a report on Thursday, December 11th. Finally, Wells Fargo & Company dropped their target price on shares of Campbell's from $30.00 to $28.00 and set an "equal weight" rating on the stock in a research report on Tuesday, March 3rd. Two investment analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and five have issued a Sell rating to the company. Based on data from MarketBeat.com, Campbell's has a consensus rating of "Reduce" and a consensus target price of $31.35.

Campbell's Stock Down 1.4%

The company has a fifty day moving average price of $27.17 and a 200 day moving average price of $29.61. 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 company has a market cap of $7.43 billion, a PE ratio of 12.95, a price-to-earnings-growth ratio of 9.10 and a beta of -0.02.

Campbell's (NASDAQ:CPB - Get Free Report) last issued its quarterly earnings results on Tuesday, December 9th. The company reported $0.77 EPS for the quarter, beating analysts' consensus estimates of $0.73 by $0.04. The business had revenue of $2.68 billion for the quarter. Campbell's had a net margin of 5.69% and a return on equity of 21.84%. The company's quarterly revenue was down 3.4% compared to the same quarter last year. As a group, analysts anticipate that The Campbell's Company will post 3.15 EPS for the current year.

Campbell's Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, May 4th. Stockholders of record on Thursday, April 2nd will be given a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 6.3%. The ex-dividend date of this dividend is Thursday, April 2nd. Campbell's's dividend payout ratio (DPR) is currently 80.83%.

Insider Buying and Selling at Campbell's

In other Campbell's news, EVP Charles A. Brawley III sold 11,550 shares of Campbell's stock in a transaction dated Tuesday, December 30th. The shares were sold at an average price of $28.14, for a total value of $325,017.00. Following the completion of the transaction, the executive vice president directly owned 43,777 shares of the company's stock, valued at approximately $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 accessible through this link. Also, EVP Anthony Sanzio sold 2,700 shares of the business's stock in a transaction on Friday, January 9th. The stock was sold at an average price of $26.51, for a total value of $71,577.00. Following the completion of the transaction, the executive vice president owned 25,264 shares of the company's stock, valued at $669,748.64. This represents a 9.66% decrease in their position. The SEC filing for this sale provides additional information. 19.78% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Parkside Financial Bank & Trust grew its position in shares of Campbell's by 21.4% during the third quarter. Parkside Financial Bank & Trust now owns 1,942 shares of the company's stock worth $61,000 after purchasing an additional 342 shares in the last quarter. Keybank National Association OH lifted its position in Campbell's by 1.1% during the third quarter. Keybank National Association OH now owns 32,729 shares of the company's stock valued at $1,034,000 after purchasing an additional 353 shares during the last quarter. J.W. Cole Advisors Inc. grew its position 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 acquiring an additional 375 shares in the last quarter. Public Employees Retirement System of Ohio raised its position in Campbell's by 0.6% during the third quarter. Public Employees Retirement System of Ohio now owns 60,571 shares of the company's stock valued at $1,913,000 after purchasing an additional 376 shares during the period. Finally, Steward Partners Investment Advisory LLC lifted its position in Campbell's by 8.1% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 5,099 shares of the company's stock worth $142,000 after buying an additional 380 shares during the last quarter. 52.35% of the stock is owned by hedge funds and other institutional investors.

About Campbell's

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.

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