8,858 Shares in The Campbell's Company $CPB Bought by Bayforest Capital Ltd

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

A number of other large investors have also added to or reduced their stakes in CPB. Manchester Capital Management LLC grew its holdings in Campbell's by 923.2% in the 1st quarter. Manchester Capital Management LLC now owns 706 shares of the company's stock worth $28,000 after acquiring an additional 637 shares during the last quarter. NBC Securities Inc. bought a new stake in shares of Campbell's during the 1st quarter valued at about $31,000. Riverview Trust Co purchased a new position in Campbell's during the 1st quarter valued at about $46,000. Banque Cantonale Vaudoise purchased a new position in Campbell's in the first quarter worth about $47,000. Finally, Curat Global LLC bought a new stake in shares of Campbell's in the first quarter worth approximately $58,000. Institutional investors own 52.35% of the company's stock.

Analyst Ratings Changes

A number of research firms have weighed in on CPB. TD Cowen upped their price target on shares of Campbell's from $29.00 to $31.00 and gave the stock a "hold" rating in a research report on Thursday, September 4th. Stephens dropped their target price on shares of Campbell's from $48.00 to $43.00 in a research report on Wednesday, May 28th. Cowen restated a "hold" rating on shares of Campbell's in a research report on Thursday, September 4th. Argus lowered shares of Campbell's from a "buy" rating to a "hold" rating in a research report on Friday, June 20th. Finally, Piper Sandler restated a "neutral" rating and set a $34.00 target price (down previously from $35.00) on shares of Campbell's in a research report on Thursday, August 7th. Three research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and five have assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Reduce" and a consensus target price of $36.06.

Campbell's Stock Performance

CPB stock traded up $0.43 during trading on Tuesday, reaching $33.30. The company had a trading volume of 1,419,017 shares, compared to its average volume of 4,485,957. The firm has a 50-day simple moving average of $32.27 and a 200-day simple moving average of $34.66. The company has a market cap of $9.93 billion, a price-to-earnings ratio of 16.69, a price-to-earnings-growth ratio of 11.55 and a beta of 0.05. The company has a debt-to-equity ratio of 1.56, a quick ratio of 0.33 and a current ratio of 0.77. The Campbell's Company has a twelve month low of $29.39 and a twelve month high of $52.19.

Campbell's (NASDAQ:CPB - Get Free Report) last announced its quarterly earnings data on Wednesday, September 3rd. The company reported $0.62 EPS for the quarter, beating 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 business had revenue of $2.32 billion during the quarter, compared to analysts' expectations of $2.33 billion. During the same period in the previous year, the business posted $3.08 EPS. 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, sell-side 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.