9,402 Shares in The Campbell's Company $CPB Acquired by PDT Partners LLC

Key Points

• PDT Partners LLC has invested $375,000 in The Campbell's Company by acquiring 9,402 shares during the first quarter.
• Several hedge funds, including Nuveen LLC and Two Sigma Advisers LP, have significantly increased their positions in Campbell's, which is currently 52.35% owned by institutional investors.
• Campbell's recent quarterly earnings exceeded expectations with $0.62 EPS, and the company has set its FY 2026 guidance at 2.400-2.550 EPS.

PDT Partners LLC bought a new position in shares of The Campbell's Company (NASDAQ:CPB - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 9,402 shares of the company's stock, valued at approximately $375,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Vanguard Group Inc. lifted its stake in Campbell's by 2.1% during the first quarter. Vanguard Group Inc. now owns 24,120,172 shares of the company's stock worth $962,877,000 after purchasing an additional 494,567 shares during the last quarter. Invesco Ltd. lifted its stake in Campbell's by 6.9% during the first quarter. Invesco Ltd. now owns 4,965,668 shares of the company's stock worth $198,229,000 after purchasing an additional 320,120 shares during the last quarter. Deutsche Bank AG lifted its stake in Campbell's by 56.9% during the fourth quarter. Deutsche Bank AG now owns 2,662,547 shares of the company's stock worth $111,507,000 after purchasing an additional 966,044 shares during the last quarter. Two Sigma Advisers LP lifted its stake in Campbell's by 272.7% during the fourth quarter. Two Sigma Advisers LP now owns 2,243,300 shares of the company's stock worth $93,949,000 after purchasing an additional 1,641,400 shares during the last quarter. Finally, Ensign Peak Advisors Inc lifted its stake in Campbell's by 4.9% during the fourth quarter. Ensign Peak Advisors Inc now owns 2,056,937 shares of the company's stock worth $86,145,000 after purchasing an additional 96,355 shares during the last quarter. 52.35% of the stock is currently owned by hedge funds and other institutional investors.

Campbell's Stock Down 2.6%

Shares of CPB stock traded down $0.88 during midday trading on Wednesday, reaching $32.86. 1,230,418 shares of the stock were exchanged, compared to its average volume of 4,467,490. The Campbell's Company has a 1 year low of $29.39 and a 1 year high of $52.19. The company's 50 day moving average is $32.11 and its two-hundred day moving average is $34.91. The company has a current ratio of 0.77, a quick ratio of 0.33 and a debt-to-equity ratio of 1.56. The firm has a market cap of $9.80 billion, a PE ratio of 16.41, a price-to-earnings-growth ratio of 11.78 and a beta of 0.05.

Campbell's (NASDAQ:CPB - Get Free Report) last posted its earnings results on Wednesday, September 3rd. The company reported $0.62 earnings per share for the quarter, topping 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 the consensus estimate of $2.33 billion. During the same quarter in the prior year, the business earned $3.08 EPS. The business's revenue for the quarter was up 1.2% on a year-over-year basis. Campbell's has set its FY 2026 guidance at 2.400-2.550 EPS. On average, equities research analysts predict that The Campbell's Company will post 3.15 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the company. Argus lowered Campbell's from a "buy" rating to a "hold" rating in a research note on Friday, June 20th. JPMorgan Chase & Co. started coverage on Campbell's in a research note on Wednesday, August 20th. They issued a "neutral" rating and a $33.00 target price for the company. Deutsche Bank Aktiengesellschaft lowered their target price on Campbell's from $43.00 to $39.00 and set a "hold" rating for the company in a research note on Wednesday, May 21st. Bank of America boosted their target price on Campbell's from $29.00 to $30.00 and gave the company an "underperform" rating in a research note on Thursday, September 4th. Finally, Evercore ISI lowered their target price on Campbell's from $46.00 to $41.00 and set an "in-line" rating for the company in a research note on Thursday, May 29th. Three equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and five have given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of "Reduce" and a consensus target price of $36.06.

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.