The Campbell's Company $CPB Position Boosted by Quantbot Technologies LP

Key Points

• Quantbot Technologies LP significantly increased its stake in The Campbell's Company by acquiring 169,908 shares, raising its total ownership to approximately 226,338 shares, worth around $9 million.
• Several hedge funds, including Townsquare Capital and Dimensional Fund Advisors, have also increased their holdings in Campbell's, showing growing interest from institutional investors.
• Analysts have generally issued a cautious outlook for Campbell's stock, with five analysts issuing sell ratings, and the average consensus target price for the stock now stands at $39.06.

Quantbot Technologies LP boosted its stake in The Campbell's Company (NASDAQ:CPB - Free Report) by 301.1% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 226,338 shares of the company's stock after acquiring an additional 169,908 shares during the period. Quantbot Technologies LP owned 0.08% of Campbell's worth $9,035,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. DoubleLine ETF Adviser LP grew its holdings in Campbell's by 2.8% during the 4th quarter. DoubleLine ETF Adviser LP now owns 11,640 shares of the company's stock valued at $487,000 after buying an additional 312 shares during the last quarter. Personal CFO Solutions LLC grew its holdings in Campbell's by 5.5% during the 1st quarter. Personal CFO Solutions LLC now owns 8,077 shares of the company's stock valued at $322,000 after buying an additional 421 shares during the last quarter. Xponance Inc. grew its holdings in Campbell's by 1.6% during the 1st quarter. Xponance Inc. now owns 28,885 shares of the company's stock valued at $1,153,000 after buying an additional 445 shares during the last quarter. GAMMA Investing LLC grew its holdings in Campbell's by 6.6% during the 1st quarter. GAMMA Investing LLC now owns 8,064 shares of the company's stock valued at $322,000 after buying an additional 496 shares during the last quarter. Finally, Scotia Capital Inc. grew its holdings in Campbell's by 1.1% during the 1st quarter. Scotia Capital Inc. now owns 46,705 shares of the company's stock valued at $1,864,000 after buying an additional 520 shares during the last quarter. Institutional investors and hedge funds own 52.35% of the company's stock.

Campbell's Trading Up 1.8%

Shares of CPB traded up $0.57 during trading hours on Friday, hitting $33.14. The stock had a trading volume of 5,113,223 shares, compared to its average volume of 4,878,585. The company has a debt-to-equity ratio of 1.57, a quick ratio of 0.33 and a current ratio of 0.78. The firm has a market cap of $9.88 billion, a P/E ratio of 21.95, a P/E/G ratio of 10.61 and a beta of 0.08. The company's fifty day simple moving average is $31.86 and its 200 day simple moving average is $35.40. The Campbell's Company has a 12-month low of $29.39 and a 12-month high of $52.81.

Campbell's (NASDAQ:CPB - Get Free Report) last issued its earnings results on Monday, June 2nd. The company reported $0.73 earnings per share for the quarter, topping the consensus estimate of $0.65 by $0.08. The business had revenue of $2.48 billion for the quarter, compared to analyst estimates of $2.44 billion. Campbell's had a return on equity of 23.22% and a net margin of 4.44%.The business's quarterly revenue was up 4.5% on a year-over-year basis. During the same period last year, the company posted $0.75 EPS. Campbell's has set its FY 2025 guidance at 2.950-2.950 EPS. Equities research analysts forecast that The Campbell's Company will post 3.15 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have commented on CPB. Barclays lowered their target price on Campbell's from $35.00 to $30.00 and set an "underweight" rating on the stock in a report on Monday, July 14th. Wells Fargo & Company lowered their target price on Campbell's from $34.00 to $32.00 and set an "equal weight" rating on the stock in a report on Wednesday, July 9th. Piper Sandler reissued a "neutral" rating and set a $34.00 price target (down previously from $35.00) on shares of Campbell's in a research note on Thursday, August 7th. Stifel Nicolaus reduced their price target on Campbell's from $38.00 to $34.00 and set a "hold" rating on the stock in a research note on Tuesday, July 29th. Finally, Stephens reduced their price target on Campbell's from $48.00 to $43.00 in a research note on Wednesday, May 28th. Three equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and five have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Reduce" and an average target price of $38.44.

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.