Campbell's Target of Unusually Large Options Trading (NASDAQ:CPB)

Key Points

• Campbell's Company experienced **unusually large options trading**, with 8,828 put options purchased, marking a **57% increase** over typical volumes.
• Several **institutional investors** have significantly increased their stakes, including a **923.2% increase** by Manchester Capital Management LLC, highlighting growing confidence among larger investors.
• Wall Street analysts are mixed on the stock's prospects, with a consensus target price of **$36.06** and ratings ranging from **"buy" to "sell."**

The Campbell's Company (NASDAQ:CPB - Get Free Report) was the recipient of some unusual options trading activity on Monday. Traders acquired 8,828 put options on the stock. This represents an increase of approximately 57% compared to the typical daily volume of 5,630 put options.

Analyst Ratings Changes

CPB has been the topic of several research reports. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Campbell's from $43.00 to $39.00 and set a "hold" rating on the stock in a research report on Wednesday, May 21st. DA Davidson lowered their price objective on shares of Campbell's from $39.00 to $34.00 and set a "neutral" rating on the stock in a research report on Monday, June 9th. Cowen restated a "hold" rating on shares of Campbell's in a research report on Thursday, September 4th. Bank of America raised their price objective on shares of Campbell's from $29.00 to $30.00 and gave the company an "underperform" rating in a research report on Thursday, September 4th. Finally, Citigroup lowered their price objective on shares of Campbell's from $33.00 to $32.00 and set a "sell" rating on the stock in a research report on Tuesday, June 3rd. Three research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and five have issued a Sell rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Reduce" and a consensus target price of $36.06.

Campbell's Trading Down 1.6%

Shares of CPB stock traded down $0.53 on Friday, hitting $33.23. 4,239,845 shares of the company's stock traded hands, compared to its average volume of 7,169,716. The company has a debt-to-equity ratio of 1.56, a quick ratio of 0.33 and a current ratio of 0.77. Campbell's has a one year low of $29.39 and a one year high of $52.19. The company's fifty day simple moving average is $32.23 and its 200 day simple moving average is $34.79. The stock has a market capitalization of $9.91 billion, a price-to-earnings ratio of 16.62, a P/E/G ratio of 11.73 and a beta of 0.05.

Campbell's (NASDAQ:CPB - Get Free Report) last announced its quarterly earnings results on Wednesday, September 3rd. The company reported $0.62 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.57 by $0.05. The business had revenue of $2.32 billion for the quarter, compared to analyst estimates of $2.33 billion. Campbell's had a net margin of 5.87% and a return on equity of 22.95%. The company's revenue was up 1.2% on a year-over-year basis. During the same quarter last year, the firm earned $3.08 EPS. Campbell's has set its FY 2026 guidance at 2.400-2.550 EPS. Equities analysts forecast that Campbell's will post 3.15 EPS for the current year.

Institutional Investors Weigh In On Campbell's

A number of large investors have recently added to or reduced their stakes in the company. New England Asset Management Inc. grew its holdings in Campbell's by 0.6% in the 1st quarter. New England Asset Management Inc. now owns 64,690 shares of the company's stock worth $2,582,000 after acquiring an additional 370 shares during the last quarter. J.W. Cole Advisors Inc. grew its holdings in Campbell's by 1.9% in the 2nd 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 during the last quarter. Farther Finance Advisors LLC grew its holdings in 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. grew its holdings in 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. Finally, ORG Partners LLC grew its holdings in Campbell's by 77.3% in the 2nd quarter. ORG Partners LLC now owns 906 shares of the company's stock worth $29,000 after acquiring an additional 395 shares during the last quarter. Institutional investors own 52.35% of the company's stock.

Campbell's Company Profile

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.