NewEdge Advisors LLC Raises Stake in The Campbell's Company $CPB

Key Points

• NewEdge Advisors increased its Campbell’s stake by 349.1% in the first quarter, ending with 104,476 shares valued at approximately $2.33 million. Institutional investors collectively own 52.35% of the company.
• Analyst sentiment remains cautious: 12 analysts rate CPB as a hold and seven as a sell, producing an average rating of “Reduce” and an average price target of $21.20.
• Campbell’s reported quarterly EPS of $0.50, beating estimates of $0.48, while revenue fell 4.4% year over year to $2.37 billion. The company guided to fiscal 2026 EPS of $2.15–$2.25.

NewEdge Advisors LLC lifted its stake in The Campbell's Company (NASDAQ:CPB - Free Report) by 349.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 104,476 shares of the company's stock after purchasing an additional 81,213 shares during the period. NewEdge Advisors LLC's holdings in Campbell's were worth $2,327,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. State Street Corp boosted its position in Campbell's by 1.3% in the 2nd quarter. State Street Corp now owns 11,960,359 shares of the company's stock valued at $366,585,000 after buying an additional 149,679 shares during the period. Dimensional Fund Advisors LP increased its position in shares of Campbell's by 23.3% during the first quarter. Dimensional Fund Advisors LP now owns 10,239,231 shares of the company's stock worth $228,026,000 after acquiring an additional 1,933,814 shares during the period. Invesco Ltd. increased its position in shares of Campbell's by 21.6% during the fourth quarter. Invesco Ltd. now owns 9,719,409 shares of the company's stock worth $270,880,000 after acquiring an additional 1,723,676 shares during the period. Two Sigma Investments LP raised its stake in shares of Campbell's by 534.8% during the third quarter. Two Sigma Investments LP now owns 4,937,170 shares of the company's stock valued at $155,916,000 after acquiring an additional 4,159,398 shares in the last quarter. Finally, UBS Group AG raised its stake in shares of Campbell's by 175.7% during the third quarter. UBS Group AG now owns 3,730,947 shares of the company's stock valued at $117,823,000 after acquiring an additional 2,377,488 shares in the last quarter. Hedge funds and other institutional investors own 52.35% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on CPB. Zacks Research raised Campbell's from a "strong sell" rating to a "hold" rating in a research note on Monday, August 10th. Sanford C. Bernstein reaffirmed an "underperform" rating and set a $19.00 target price (down from $21.00) on shares of Campbell's in a research report on Tuesday, June 9th. DA Davidson upgraded Campbell's to a "hold" rating in a report on Monday, July 6th. UBS Group dropped their price target on Campbell's from $19.00 to $17.00 and set a "sell" rating on the stock in a research report on Tuesday, June 9th. Finally, Stifel Nicolaus raised their price target on Campbell's from $20.00 to $22.00 and gave the company a "hold" rating in a research note on Wednesday, July 22nd. Twelve investment analysts have rated the stock with a Hold rating and seven have assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Reduce" and an average target price of $21.20.

Campbell's Price Performance

NASDAQ CPB opened at $23.17 on Friday. The company has a debt-to-equity ratio of 1.53, a quick ratio of 0.38 and a current ratio of 0.87. The firm's 50 day moving average price is $22.31 and its 200-day moving average price is $22.86. The Campbell's Company has a 52-week low of $19.56 and a 52-week high of $34.17. The company has a market cap of $6.91 billion, a PE ratio of 11.47 and a beta of 0.02.

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

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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