The Campbell's Company $CPB Holdings Boosted by Ethic Inc.

Key Points

• Ethic Inc. increased its stake in The Campbell's Company by 32.9% during Q2, acquiring an additional 18,967 shares, bringing total holdings to 76,646 shares valued at approximately $2.36 million.
• Campbell's reported a quarterly EPS of $0.62, exceeding analysts' expectations, with a revenue of $2.32 billion, slightly below estimates, marking a 1.2% annual increase.
• The company's quarterly dividend of $0.39 will be paid on November 3rd, reflecting an annual yield of 5.0% and a payout ratio of 78%.

Ethic Inc. boosted its position in shares of The Campbell's Company (NASDAQ:CPB - Free Report) by 32.9% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 76,646 shares of the company's stock after purchasing an additional 18,967 shares during the period. Ethic Inc.'s holdings in Campbell's were worth $2,360,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of CPB. Ameritas Advisory Services LLC acquired a new stake in shares of Campbell's during the 2nd quarter valued at $25,000. Manchester Capital Management LLC boosted its stake in shares of Campbell's by 923.2% during the 1st quarter. Manchester Capital Management LLC now owns 706 shares of the company's stock valued at $28,000 after buying an additional 637 shares during the period. ORG Partners LLC boosted its stake in shares of Campbell's by 77.3% during the 2nd quarter. ORG Partners LLC now owns 906 shares of the company's stock valued at $29,000 after buying an additional 395 shares during the period. Geneos Wealth Management Inc. boosted its stake in shares of Campbell's by 333.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 975 shares of the company's stock valued at $39,000 after buying an additional 750 shares during the period. Finally, Banque Cantonale Vaudoise acquired a new stake in shares of Campbell's during the 1st quarter valued at $47,000. Institutional investors and hedge funds own 52.35% of the company's stock.

Wall Street Analyst Weigh In

CPB has been the subject of a number of research reports. Weiss Ratings reissued a "hold (c-)" rating on shares of Campbell's in a research note on Friday. Sanford C. Bernstein lifted their target price on shares of Campbell's from $38.00 to $39.00 and gave the company an "outperform" rating in a research note on Thursday, September 4th. UBS Group reduced their price objective on shares of Campbell's from $33.00 to $30.00 and set a "sell" rating for the company in a research note on Friday, August 29th. Wells Fargo & Company lifted their price objective on shares of Campbell's from $32.00 to $34.00 and gave the company an "equal weight" rating in a research note on Thursday, September 25th. Finally, Piper Sandler reaffirmed a "neutral" rating and issued a $34.00 price objective (down previously from $35.00) on shares of Campbell's in a research note on Thursday, August 7th. Three investment analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Reduce" and an average target price of $34.82.

Campbell's Stock Performance

NASDAQ:CPB opened at $30.93 on Friday. The firm's 50-day moving average is $32.10 and its 200-day moving average is $33.20. The Campbell's Company has a 52-week low of $29.39 and a 52-week high of $48.25. The company has a debt-to-equity ratio of 1.56, a quick ratio of 0.28 and a current ratio of 0.77. The company has a market cap of $9.21 billion, a price-to-earnings ratio of 15.47, a PEG ratio of 10.79 and a beta of 0.02.

Campbell's (NASDAQ:CPB - Get Free Report) last posted its quarterly earnings data on Wednesday, September 3rd. The company reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.57 by $0.05. The company had revenue of $2.32 billion for the quarter, compared to the consensus estimate of $2.33 billion. Campbell's had a net margin of 5.87% and a return on equity of 22.95%. The business's revenue was up 1.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.08 EPS. Campbell's has set its FY 2026 guidance at 2.400-2.550 EPS. Equities research analysts anticipate that The Campbell's Company will post 3.15 earnings per share for the current year.

Campbell's Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, November 3rd. Shareholders of record on Thursday, October 2nd will be given a $0.39 dividend. The ex-dividend date is Thursday, October 2nd. This represents a $1.56 dividend on an annualized basis and a yield of 5.0%. Campbell's's payout ratio is 78.00%.

Campbell's 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.

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