MBB Public Markets I LLC Makes New $334,000 Investment in The Campbell's Company $CPB

Key Points

• MBB Public Markets I LLC has made a new investment of approximately $334,000 in The Campbell's Company by purchasing 8,375 shares during the first quarter.
• Campbell's Company reported a net margin of 5.87% and revenue of $2.32 billion for the most recent quarter, which was up 1.2% year-over-year.
• As of now, Campbell's has a consensus rating of "Reduce" among analysts, with an average target price of $36.06.

MBB Public Markets I LLC bought a new position in shares of The Campbell's Company (NASDAQ:CPB - Free Report) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 8,375 shares of the company's stock, valued at approximately $334,000.

A number of other hedge funds have also recently bought and sold shares of the company. New England Asset Management Inc. lifted its holdings in Campbell's by 0.6% in the 1st quarter. New England Asset Management Inc. now owns 64,690 shares of the company's stock worth $2,582,000 after purchasing an additional 370 shares during the last quarter. Personal CFO Solutions LLC increased its position in Campbell's by 5.5% in the 1st quarter. Personal CFO Solutions LLC now owns 8,077 shares of the company's stock worth $322,000 after buying an additional 421 shares during the period. Xponance Inc. increased its position in Campbell's by 1.6% in the 1st quarter. Xponance Inc. now owns 28,885 shares of the company's stock worth $1,153,000 after buying an additional 445 shares during the period. GAMMA Investing LLC increased its position in Campbell's by 6.6% in the 1st quarter. GAMMA Investing LLC now owns 8,064 shares of the company's stock worth $322,000 after buying an additional 496 shares during the period. Finally, Scotia Capital Inc. increased its position in Campbell's by 1.1% in the 1st quarter. Scotia Capital Inc. now owns 46,705 shares of the company's stock worth $1,864,000 after buying an additional 520 shares during the period. 52.35% of the stock is owned by institutional investors and hedge funds.

Campbell's Price Performance

NASDAQ:CPB traded down $0.53 during trading hours on Friday, reaching $33.23. The company had a trading volume of 4,239,845 shares, compared to its average volume of 7,169,716. The stock has a 50-day moving average of $32.23 and a two-hundred day moving average of $34.79. The Campbell's Company has a one year low of $29.39 and a one year high of $52.19. The firm has a market capitalization of $9.91 billion, a PE ratio of 16.62, a PEG ratio of 11.73 and a beta of 0.05. The company has a quick ratio of 0.33, a current ratio of 0.77 and a debt-to-equity ratio of 1.56.

Campbell's (NASDAQ:CPB - Get Free Report) last announced its quarterly earnings results on Wednesday, September 3rd. The company reported $0.62 earnings per share for the quarter, beating analysts' consensus estimates of $0.57 by $0.05. Campbell's had a return on equity of 22.95% and a net margin of 5.87%.The firm had revenue of $2.32 billion for the quarter, compared to analysts' expectations of $2.33 billion. During the same period in the prior year, the business posted $3.08 earnings per share. The business's 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. Analysts forecast that The Campbell's Company will post 3.15 earnings per share for the current year.

Analyst Ratings Changes

Several brokerages have commented on CPB. JPMorgan Chase & Co. began coverage on Campbell's in a research report on Wednesday, August 20th. They issued a "neutral" rating and a $33.00 price target on the stock. Cowen restated a "hold" rating on shares of Campbell's in a research report on Thursday, September 4th. Argus cut Campbell's from a "buy" rating to a "hold" rating in a research report on Friday, June 20th. Royal Bank Of Canada lowered their price objective on Campbell's from $44.00 to $38.00 and set a "sector perform" rating on the stock in a research report on Tuesday, June 3rd. Finally, Stephens lowered their price objective on Campbell's from $48.00 to $43.00 in a research report on Wednesday, May 28th. Three research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and five have issued a Sell rating to the company's stock. According to MarketBeat, the stock has an average rating of "Reduce" and an average target price of $36.06.

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.