8,346 Shares in The Campbell's Company $CPB Acquired by J. Safra Sarasin Holding AG

Key Points

• J. Safra Sarasin Holding AG acquired 8,346 shares of The Campbell's Company, valued at approximately $256,000, as part of its new stake in the company.
• Campbell's reported earnings per share of $0.62 for the last quarter, exceeding analysts' expectations, with a revenue of $2.32 billion, which was slightly below the consensus estimate.
• The company has announced a quarterly dividend of $0.39 per share, representing a 4.9% annual yield, with a dividend payout ratio of 78%.

J. Safra Sarasin Holding AG bought a new stake in shares of The Campbell's Company (NASDAQ:CPB - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 8,346 shares of the company's stock, valued at approximately $256,000.

A number of other hedge funds have also bought and sold shares of CPB. Lecap Asset Management Ltd. bought a new stake in Campbell's in the second quarter worth approximately $491,000. RK Asset Management LLC raised its holdings in shares of Campbell's by 3.9% in the 2nd quarter. RK Asset Management LLC now owns 138,758 shares of the company's stock worth $4,253,000 after acquiring an additional 5,208 shares during the last quarter. Ninety One UK Ltd bought a new position in Campbell's in the 2nd quarter valued at about $1,424,000. Westhampton Capital LLC boosted its stake in Campbell's by 18.1% during the 2nd quarter. Westhampton Capital LLC now owns 15,300 shares of the company's stock valued at $469,000 after purchasing an additional 2,350 shares during the last quarter. Finally, HB Wealth Management LLC increased its holdings in Campbell's by 13.5% during the 2nd quarter. HB Wealth Management LLC now owns 8,059 shares of the company's stock worth $247,000 after purchasing an additional 959 shares in the last quarter. Institutional investors own 52.35% of the company's stock.

Campbell's Price Performance

CPB opened at $31.95 on Monday. The firm has a 50-day moving average price of $32.61 and a 200-day moving average price of $33.98. The Campbell's Company has a twelve month low of $29.39 and a twelve month high of $49.11. The company has a quick ratio of 0.28, a current ratio of 0.77 and a debt-to-equity ratio of 1.56. The company has a market capitalization of $9.52 billion, a price-to-earnings ratio of 15.98, a PEG ratio of 11.10 and a beta of 0.02.

Campbell's (NASDAQ:CPB - Get Free Report) last released its quarterly earnings data on Wednesday, September 3rd. The company reported $0.62 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 the consensus estimate of $2.33 billion. During the same period last year, the firm earned $3.08 EPS. Campbell's's revenue for the quarter was up 1.2% on a year-over-year basis. Campbell's has set its FY 2026 guidance at 2.400-2.550 EPS. Equities analysts expect that The Campbell's Company will post 3.15 EPS for the current year.

Campbell's Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 3rd. Investors of record on Thursday, October 2nd will be issued a dividend of $0.39 per share. The ex-dividend date of this dividend is Thursday, October 2nd. This represents a $1.56 dividend on an annualized basis and a yield of 4.9%. Campbell's's dividend payout ratio is 78.00%.

Wall Street Analyst Weigh In

CPB has been the topic of several analyst reports. JPMorgan Chase & Co. started coverage on Campbell's in a research report on Wednesday, August 20th. They set a "neutral" rating and a $33.00 target price on the stock. Weiss Ratings reissued a "hold (c-)" rating on shares of Campbell's in a research report on Saturday, September 27th. Argus lowered Campbell's from a "buy" rating to a "hold" rating in a report on Friday, June 20th. DA Davidson decreased their price target on Campbell's from $39.00 to $34.00 and set a "neutral" rating for the company in a research report on Monday, June 9th. Finally, UBS Group cut their price objective on Campbell's from $33.00 to $30.00 and set a "sell" rating on the stock in a research report on Friday, August 29th. Three equities research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and five have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Reduce" and an average price target of $34.82.

Campbell's 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.

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