Fjarde AP Fonden Fourth Swedish National Pension Fund Has $4.50 Million Stock Holdings in The Campbell's Company $CPB

Key Points

• The Fjarde AP Fonden Fourth Swedish National Pension Fund increased its holdings in The Campbell's Company (NASDAQ: CPB) by 25.3%, now owning a total of 112,800 shares valued at approximately $4.5 million.
• Research analysts have lowered target prices for Campbell's shares, with estimates now ranging from $30.00 to $43.00, reflecting a generally "hold" rating from the majority of analysts.
• In its latest earnings report, Campbell's posted $0.73 EPS, exceeding expectations and achieving 4.5% revenue growth year-over-year with a total revenue of $2.48 billion.

Fjarde AP Fonden Fourth Swedish National Pension Fund increased its holdings in The Campbell's Company (NASDAQ:CPB - Free Report) by 25.3% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 112,800 shares of the company's stock after buying an additional 22,800 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund's holdings in Campbell's were worth $4,503,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of CPB. Raymond James Financial Inc. bought a new stake in Campbell's in the 4th quarter valued at about $21,312,000. Sterling Capital Management LLC lifted its position in Campbell's by 56.7% in the 4th quarter. Sterling Capital Management LLC now owns 11,472 shares of the company's stock valued at $480,000 after purchasing an additional 4,152 shares during the last quarter. Townsquare Capital LLC lifted its position in Campbell's by 57.6% in the 4th quarter. Townsquare Capital LLC now owns 7,193 shares of the company's stock valued at $301,000 after purchasing an additional 2,630 shares during the last quarter. Jump Financial LLC lifted its position in Campbell's by 37.7% in the 4th quarter. Jump Financial LLC now owns 33,225 shares of the company's stock valued at $1,391,000 after purchasing an additional 9,088 shares during the last quarter. Finally, Forum Financial Management LP bought a new stake in Campbell's in the 4th quarter valued at about $264,000. 52.35% of the stock is currently owned by institutional investors.

Campbell's Price Performance

Shares of NASDAQ:CPB traded up $0.4650 during trading on Friday, reaching $33.0350. The company had a trading volume of 1,656,938 shares, compared to its average volume of 4,134,314. The firm's fifty day moving average is $31.85 and its 200 day moving average is $35.43. The firm has a market capitalization of $9.85 billion, a PE ratio of 21.90, a price-to-earnings-growth ratio of 10.49 and a beta of 0.08. The Campbell's Company has a twelve month low of $29.39 and a twelve month high of $52.81. The company has a debt-to-equity ratio of 1.57, a quick ratio of 0.33 and a current ratio of 0.78.

Campbell's (NASDAQ:CPB - Get Free Report) last released its earnings results on Monday, June 2nd. The company reported $0.73 EPS for the quarter, topping analysts' consensus estimates of $0.65 by $0.08. Campbell's had a net margin of 4.44% and a return on equity of 23.22%. The business had revenue of $2.48 billion for the quarter, compared to the consensus estimate of $2.44 billion. During the same period in the previous year, the firm earned $0.75 EPS. The business's revenue for the quarter was up 4.5% on a year-over-year basis. Campbell's has set its FY 2025 guidance at 2.950-2.950 EPS. On average, equities analysts forecast that The Campbell's Company will post 3.15 EPS for the current year.

Analysts Set New Price Targets

Several analysts recently weighed in on CPB shares. DA Davidson cut their price objective on shares of Campbell's from $39.00 to $34.00 and set a "neutral" rating on the stock in a research report on Monday, June 9th. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Campbell's from $43.00 to $39.00 and set a "hold" rating on the stock in a research report on Wednesday, May 21st. Argus downgraded shares of Campbell's from a "buy" rating to a "hold" rating in a research report on Friday, June 20th. Morgan Stanley reduced their price target on shares of Campbell's from $35.00 to $32.00 and set an "equal weight" rating for the company in a research note on Monday. Finally, Stifel Nicolaus reduced their price target on shares of Campbell's from $38.00 to $34.00 and set a "hold" rating for the company in a research note on Tuesday, July 29th. Three 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. Based on data from MarketBeat, the stock currently has a consensus rating of "Reduce" and a consensus target price of $38.44.

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.