Bayforest Capital Ltd Takes Position in The Campbell's Company $CPB

Key Points

• Bayforest Capital Ltd acquired a new stake in The Campbell's Company, purchasing 8,858 shares valued at approximately $354,000.
• Institutional investors now own 52.35% of Campbell's stock, indicating significant interest from large financial entities.
• Analysts have given Campbell's an average rating of "Reduce", with a current consensus price target of $36.06.

Bayforest Capital Ltd purchased a new stake in shares of The Campbell's Company (NASDAQ:CPB - Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 8,858 shares of the company's stock, valued at approximately $354,000.

A number of other large investors also recently modified their holdings of the business. Nuveen LLC acquired a new position in Campbell's during the first quarter worth about $65,588,000. Two Sigma Advisers LP grew its holdings in Campbell's by 272.7% during the fourth quarter. Two Sigma Advisers LP now owns 2,243,300 shares of the company's stock worth $93,949,000 after acquiring an additional 1,641,400 shares during the period. Man Group plc grew its holdings in Campbell's by 1,296.1% during the fourth quarter. Man Group plc now owns 1,407,161 shares of the company's stock worth $58,932,000 after acquiring an additional 1,306,372 shares during the period. Raiffeisen Bank International AG acquired a new position in Campbell's during the fourth quarter worth about $48,468,000. Finally, Two Sigma Investments LP grew its holdings in Campbell's by 119.2% during the fourth quarter. Two Sigma Investments LP now owns 1,998,756 shares of the company's stock worth $83,708,000 after acquiring an additional 1,086,856 shares during the period. 52.35% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

CPB has been the topic of a number of research analyst reports. Jefferies Financial Group lowered their target price on Campbell's from $40.00 to $37.00 and set a "buy" rating on the stock in a report on Wednesday, May 21st. Cowen reaffirmed a "hold" rating on shares of Campbell's in a report on Thursday, September 4th. TD Cowen lifted their target price on Campbell's from $29.00 to $31.00 and gave the stock a "hold" rating in a report on Thursday, September 4th. Royal Bank Of Canada lowered their target price on Campbell's from $44.00 to $38.00 and set a "sector perform" rating on the stock in a report on Tuesday, June 3rd. Finally, JPMorgan Chase & Co. began coverage on Campbell's in a research note on Wednesday, August 20th. They issued a "neutral" rating and a $33.00 price target on the stock. Three analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and five have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Campbell's presently has an average rating of "Reduce" and a consensus price target of $36.06.

Campbell's Trading Down 0.7%

Shares of CPB opened at $33.49 on Thursday. The business's 50-day moving average price is $32.14 and its 200 day moving average price is $34.90. The stock has a market capitalization of $9.98 billion, a P/E ratio of 16.75, a P/E/G ratio of 11.72 and a beta of 0.05. The Campbell's Company has a 1-year low of $29.39 and a 1-year high of $52.19. The company has a current ratio of 0.77, a quick ratio of 0.33 and a debt-to-equity ratio of 1.56.

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

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.

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