Atria Investments Inc Acquires New Position in The Campbell's Company $CPB

Key Points

• Atria Investments acquired 50,994 Campbell’s shares during the second quarter, valued at approximately $1.14 million. Institutional investors collectively own 52.35% of CPB.
• Analyst sentiment remains cautious: 12 analysts rate the stock “Hold” and seven rate it “Sell,” resulting in a consensus “Reduce” rating and an average price target of $21.20.
• Campbell’s reported quarterly EPS of $0.50, topping expectations of $0.48, but revenue fell 4.4% year over year to $2.37 billion. The stock opened at $23.28, with a market capitalization of about $6.94 billion.

Atria Investments Inc acquired a new stake in shares of The Campbell's Company (NASDAQ:CPB - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 50,994 shares of the company's stock, valued at approximately $1,136,000.

Other large investors also recently bought and sold shares of the company. Public Employees Retirement System of Ohio grew its position in shares of Campbell's by 0.6% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 60,571 shares of the company's stock worth $1,913,000 after acquiring an additional 376 shares in the last quarter. Steward Partners Investment Advisory LLC lifted its stake in Campbell's by 8.1% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 5,099 shares of the company's stock worth $142,000 after purchasing an additional 380 shares during the last quarter. New England Asset Management Inc. boosted its holdings in Campbell's by 0.6% in the third quarter. New England Asset Management Inc. now owns 65,365 shares of the company's stock worth $2,064,000 after purchasing an additional 380 shares during the period. Horizon Investments LLC boosted its holdings in Campbell's by 10.2% in the fourth quarter. Horizon Investments LLC now owns 4,228 shares of the company's stock worth $116,000 after purchasing an additional 390 shares during the period. Finally, Commonwealth Equity Services LLC increased its stake in Campbell's by 0.5% during the fourth quarter. Commonwealth Equity Services LLC now owns 90,311 shares of the company's stock valued at $2,517,000 after purchasing an additional 440 shares during the last quarter. Institutional investors own 52.35% of the company's stock.

Wall Street Analyst Weigh In

CPB has been the topic of a number of research reports. Stifel Nicolaus increased their target price on shares of Campbell's from $20.00 to $22.00 and gave the stock a "hold" rating in a report on Wednesday, July 22nd. Zacks Research raised shares of Campbell's from a "strong sell" rating to a "hold" rating in a report on Monday. UBS Group lowered their price objective on shares of Campbell's from $19.00 to $17.00 and set a "sell" rating for the company in a research report on Tuesday, June 9th. Morgan Stanley dropped their price objective on shares of Campbell's from $23.00 to $21.00 and set an "equal weight" rating on the stock in a research note on Friday, June 5th. Finally, Barclays cut their target price on shares of Campbell's from $21.00 to $19.00 and set an "underweight" rating on the stock in a report on Monday, June 8th. Twelve analysts have rated the stock with a Hold rating and seven have assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of "Reduce" and an average price target of $21.20.

Campbell's Trading Up 3.0%

Campbell's stock opened at $23.28 on Friday. The company has a quick ratio of 0.38, a current ratio of 0.87 and a debt-to-equity ratio of 1.53. The firm has a 50-day moving average price of $22.28 and a two-hundred day moving average price of $22.86. The firm has a market capitalization of $6.94 billion, a price-to-earnings ratio of 11.52 and a beta of 0.02. The Campbell's Company has a 52-week low of $19.56 and a 52-week high of $34.17.

Campbell's (NASDAQ:CPB - Get Free Report) last announced its earnings results on Monday, June 8th. The company reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.48 by $0.02. The firm had revenue of $2.37 billion for the quarter. Campbell's had a return on equity of 18.04% and a net margin of 6.12%.The firm's revenue was down 4.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.22 EPS. Campbell's has set its FY 2026 guidance at 2.150-2.250 EPS. Sell-side analysts expect that The Campbell's Company will post 2.18 earnings per share for the current year.

Campbell's Profile

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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