Campbell's Sees Unusually Large Options Volume (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 unusually large options trading on Monday. Traders purchased 8,828 put options on the company. Thisrepresentsanincreaseof57% compared to the typical volume of 5,630 put options.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in CPB. Manchester Capital Management LLC raised its holdings in shares of Campbell's by 923.2% during the first quarter. Manchester Capital Management LLC now owns 706 shares of the company's stock worth $28,000 after purchasing an additional 637 shares during the period. NBC Securities Inc. bought a new position in Campbell's during the first quarter valued at approximately $31,000. Ameritas Advisory Services LLC bought a new position in shares of Campbell's in the second quarter valued at approximately $25,000. ORG Partners LLC grew its stake in shares of Campbell's by 77.3% in the second 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. Finally, SBI Securities Co. Ltd. boosted its stake in shares of Campbell's by 66.8% in the 2nd quarter. SBI Securities Co. Ltd. now owns 961 shares of the company's stock valued at $29,000 after purchasing an additional 385 shares in the last quarter. 52.35% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the company. Bank of America raised their price objective on Campbell's from $29.00 to $30.00 and gave the company an "underperform" rating in a research report on Thursday. Piper Sandler reissued a "neutral" rating and issued a $34.00 target price (down from $35.00) on shares of Campbell's in a research report on Thursday, August 7th. Jefferies Financial Group reduced their price target on shares of Campbell's from $40.00 to $37.00 and set a "buy" rating for the company in a research report on Wednesday, May 21st. Citigroup decreased their price objective on shares of Campbell's from $33.00 to $32.00 and set a "sell" rating for the company in a research report on Tuesday, June 3rd. Finally, Sanford C. Bernstein lifted their price target on shares of Campbell's from $38.00 to $39.00 and gave the stock an "outperform" rating in a research note on Thursday. Three equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and five have given a Sell rating to the company's stock. According to MarketBeat, Campbell's currently has an average rating of "Reduce" and a consensus target price of $36.06.

Campbell's Trading Down 0.4%

Shares of Campbell's stock traded down $0.13 during trading hours on Monday, hitting $33.90. The company's stock had a trading volume of 7,370,112 shares, compared to its average volume of 4,483,211. Campbell's has a 1-year low of $29.39 and a 1-year high of $52.81. The business has a fifty day moving average of $32.00 and a 200 day moving average of $34.96. The company has a market capitalization of $10.11 billion, a PE ratio of 16.95, a P/E/G ratio of 11.79 and a beta of 0.05. The company has a quick ratio of 0.33, a current ratio of 0.77 and a debt-to-equity ratio of 1.56.

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

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.

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