Caption Management LLC Takes Position in The Campbell's Company $CPB

Key Points

• Caption Management LLC invested approximately $479,000 in Campbell's Company, acquiring 12,000 shares during the first quarter.
• Several other hedge funds increased their stakes in Campbell's, with Manchester Capital Management raising its position by 923.2%.
• A majority of analysts have issued ratings suggesting a Reduce stance on Campbell's stock, with a consensus price target of $38.11.

Caption Management LLC bought a new stake in shares of The Campbell's Company (NASDAQ:CPB - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund bought 12,000 shares of the company's stock, valued at approximately $479,000.

Other large investors also recently added to or reduced their stakes in the company. Manchester Capital Management LLC raised its stake in Campbell's by 923.2% during the 1st quarter. Manchester Capital Management LLC now owns 706 shares of the company's stock valued at $28,000 after purchasing an additional 637 shares during the period. NBC Securities Inc. acquired a new stake in Campbell's during the 1st quarter valued at $31,000. Riverview Trust Co acquired a new stake in Campbell's during the 1st quarter valued at $46,000. Banque Cantonale Vaudoise acquired a new stake in Campbell's during the 1st quarter valued at $47,000. Finally, Curat Global LLC acquired a new stake in Campbell's during the 1st quarter valued at $58,000. 52.35% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have issued reports on CPB. Citigroup cut their target price on shares of Campbell's from $33.00 to $32.00 and set a "sell" rating on the stock in a research note on Tuesday, June 3rd. JPMorgan Chase & Co. started coverage on shares of Campbell's in a report on Wednesday, August 20th. They set a "neutral" rating and a $33.00 price target on the stock. DA Davidson lowered their price target on shares of Campbell's from $39.00 to $34.00 and set a "neutral" rating on the stock in a report on Monday, June 9th. Morgan Stanley boosted their price target on shares of Campbell's from $32.00 to $33.00 and gave the company an "equal weight" rating in a report on Friday. Finally, Royal Bank Of Canada lowered their price target on shares of Campbell's from $44.00 to $38.00 and set a "sector perform" rating on the stock in a report on Tuesday, June 3rd. Three equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and five have issued a Sell rating to the company's stock. Based on data from MarketBeat, Campbell's has a consensus rating of "Reduce" and a consensus price target of $36.06.

Campbell's Stock Up 4.2%

NASDAQ:CPB traded up $1.37 during trading hours on Friday, reaching $34.03. The company's stock had a trading volume of 9,019,885 shares, compared to its average volume of 6,549,119. The company has a market cap of $10.15 billion, a price-to-earnings ratio of 17.02, a price-to-earnings-growth ratio of 11.30 and a beta of 0.05. The company has a debt-to-equity ratio of 1.56, a current ratio of 0.77 and a quick ratio of 0.33. The Campbell's Company has a one year low of $29.39 and a one year high of $52.81. The business's 50-day moving average is $32.00 and its 200-day moving average is $35.02.

Campbell's (NASDAQ:CPB - Get Free Report) last released its 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. The firm had revenue of $2.32 billion during the quarter, compared to analyst estimates of $2.33 billion. Campbell's had a net margin of 5.87% and a return on equity of 22.95%. The business's revenue was up 1.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $3.08 EPS. Campbell's has set its FY 2026 guidance at 2.400-2.550 EPS. Equities research analysts predict that The Campbell's Company 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.