Massachusetts Financial Services Co. MA Reduces Holdings in The Campbell's Company $CPB

Key Points

• Massachusetts Financial Services cut its stake in The Campbell's Company by 4.2% in Q4, selling 103,964 shares and now holds 2,364,058 shares (0.79%) valued at about $65.9 million.
• Campbell's missed quarterly EPS at $0.51 versus $0.57 expected and reported revenue down 4.5% YoY to $2.56 billion; it set FY2026 guidance of $2.15–$2.25 EPS and analysts' consensus rating is "Reduce" with a $26.78 target.
• The company declared a quarterly dividend of $0.39 (annualized $1.56) for a 7.8% yield, though its payout ratio is high at 85.25%.

Massachusetts Financial Services Co. MA cut its position in The Campbell's Company (NASDAQ:CPB - Free Report) by 4.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,364,058 shares of the company's stock after selling 103,964 shares during the quarter. Massachusetts Financial Services Co. MA owned 0.79% of Campbell's worth $65,886,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Campbell's by 3.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,472 shares of the company's stock worth $777,000 after buying an additional 685 shares during the period. Goldman Sachs Group Inc. grew its stake in shares of Campbell's by 4.3% during the first quarter. Goldman Sachs Group Inc. now owns 660,543 shares of the company's stock valued at $26,369,000 after acquiring an additional 27,374 shares in the last quarter. Empowered Funds LLC acquired a new stake in shares of Campbell's during the first quarter valued at about $446,000. Woodline Partners LP increased its position in shares of Campbell's by 40.9% during the first quarter. Woodline Partners LP now owns 16,623 shares of the company's stock worth $664,000 after acquiring an additional 4,827 shares during the last quarter. Finally, Geneos Wealth Management Inc. increased its position in shares of Campbell's by 333.3% during the first quarter. Geneos Wealth Management Inc. now owns 975 shares of the company's stock worth $39,000 after acquiring an additional 750 shares during the last quarter. 52.35% of the stock is owned by institutional investors and hedge funds.

Campbell's Trading Down 0.8%

NASDAQ CPB opened at $20.00 on Wednesday. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.51 and a current ratio of 1.01. The Campbell's Company has a one year low of $19.77 and a one year high of $38.99. The company has a 50-day simple moving average of $24.35 and a 200-day simple moving average of $27.51. The firm has a market capitalization of $5.96 billion, a PE ratio of 10.93 and a beta of 0.03.

Campbell's (NASDAQ:CPB - Get Free Report) last issued its earnings results on Wednesday, March 11th. The company reported $0.51 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.57 by ($0.06). Campbell's had a return on equity of 19.96% and a net margin of 5.48%.The business had revenue of $2.56 billion during the quarter. During the same quarter in the prior year, the company earned $0.74 earnings per share. The firm's revenue was down 4.5% compared to the same quarter last year. Campbell's has set its FY 2026 guidance at 2.150-2.250 EPS. On average, equities analysts forecast that The Campbell's Company will post 3.15 earnings per share for the current year.

Campbell's Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, May 4th. Investors of record on Thursday, April 2nd will be given a dividend of $0.39 per share. The ex-dividend date is Thursday, April 2nd. This represents a $1.56 dividend on an annualized basis and a yield of 7.8%. Campbell's's payout ratio is currently 85.25%.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. Barclays reduced their price target on Campbell's from $23.00 to $21.00 and set an "underweight" rating for the company in a report on Tuesday. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of Campbell's in a research report on Thursday, April 2nd. BTIG Research started coverage on Campbell's in a research note on Monday. They set a "neutral" rating for the company. Bank of America decreased their price target on shares of Campbell's from $26.00 to $23.00 and set an "underperform" rating for the company in a research report on Thursday, March 12th. Finally, TD Cowen dropped their price target on shares of Campbell's from $29.00 to $24.00 and set a "hold" rating for the company in a research note on Thursday, March 12th. Two analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and eight have assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Reduce" and a consensus price target of $26.78.

Campbell's Profile

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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