Fluent Financial LLC Buys New Shares in The Campbell's Company $CPB

Key Points

• Fluent Financial LLC acquired 62,577 shares of The Campbell’s Company in the second quarter, valued at approximately $1.39 million. Institutional investors collectively own 52.35% of CPB.
• Analyst sentiment remains cautious: the stock carries a consensus “Reduce” rating, with 11 Hold ratings and eight Sell ratings and an average price target of $21.20.
• Campbell’s reported quarterly EPS of $0.50, exceeding estimates, but revenue fell 4.4% year over year. The company pays a quarterly dividend of $0.39, equivalent to a 6.8% annualized yield.

Fluent Financial LLC acquired a new position in The Campbell's Company (NASDAQ:CPB - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 62,577 shares of the company's stock, valued at approximately $1,394,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Ashton Thomas Private Wealth LLC bought a new position in Campbell's during the fourth quarter valued at approximately $1,596,000. Hsbc Holdings PLC lifted its position in Campbell's by 644.9% in the first quarter. Hsbc Holdings PLC now owns 1,864,119 shares of the company's stock worth $41,319,000 after buying an additional 1,613,873 shares during the last quarter. Saba Capital Management L.P. lifted its holdings in shares of Campbell's by 556.6% in the 1st quarter. Saba Capital Management L.P. now owns 315,406 shares of the company's stock worth $7,024,000 after acquiring an additional 267,372 shares during the last quarter. Cerity Partners LLC boosted its stake in shares of Campbell's by 190.3% during the 4th quarter. Cerity Partners LLC now owns 2,680,839 shares of the company's stock worth $74,715,000 after purchasing an additional 1,757,264 shares during the period. Finally, Dimensional Fund Advisors LP boosted its stake in shares of Campbell's by 23.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 10,239,231 shares of the company's stock worth $228,026,000 after purchasing an additional 1,933,814 shares during the period. Institutional investors own 52.35% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on CPB. Stephens lowered shares of Campbell's from an "overweight" rating to an "equal weight" rating and reduced their price objective for the stock from $28.00 to $21.00 in a research report on Monday, June 1st. Weiss Ratings restated a "sell (d+)" rating on shares of Campbell's in a research report on Tuesday, June 30th. Royal Bank Of Canada cut their target price on Campbell's from $23.00 to $21.00 and set a "sector perform" rating on the stock in a research note on Tuesday, June 9th. BTIG Research reiterated a "neutral" rating on shares of Campbell's in a report on Monday, June 8th. Finally, William Blair assumed coverage on Campbell's in a research note on Tuesday, June 23rd. They set a "market perform" rating for the company. Eleven equities research analysts have rated the stock with a Hold rating and eight have given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Reduce" and a consensus price target of $21.20.

Campbell's Stock Performance

CPB stock opened at $23.05 on Monday. The company has a market capitalization of $6.87 billion, a PE ratio of 11.41 and a beta of 0.02. The Campbell's Company has a 12 month low of $19.56 and a 12 month high of $34.17. The firm's 50-day moving average is $22.15 and its 200 day moving average is $22.96. The company has a debt-to-equity ratio of 1.53, a current ratio of 0.87 and a quick ratio of 0.38.

Campbell's (NASDAQ:CPB - Get Free Report) last announced its quarterly earnings data on Monday, June 8th. The company reported $0.50 earnings per share for the quarter, beating analysts' consensus estimates of $0.48 by $0.02. The company had revenue of $2.37 billion during the quarter. Campbell's had a net margin of 6.12% and a return on equity of 18.04%. The company's quarterly revenue was down 4.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.22 EPS. Campbell's has set its FY 2026 guidance at 2.150-2.250 EPS. On average, research analysts anticipate that The Campbell's Company will post 2.18 EPS for the current year.

Campbell's Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, August 3rd. Investors of record on Thursday, July 2nd were issued a $0.39 dividend. The ex-dividend date was Thursday, July 2nd. This represents a $1.56 dividend on an annualized basis and a dividend yield of 6.8%. Campbell's's payout ratio is presently 77.23%.

About Campbell's

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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