UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Sells 15,295 Shares of The Campbell's Company $CPB

Key Points

• UBS Asset Management reduced its stake in The Campbell's Company by 0.8%, now holding approximately 1.79 million shares worth $71.6 million.
• Campbell's reported a quarterly EPS of $0.62, exceeding estimates, while its revenue reached $2.32 billion, slightly below projections.
• Analyst ratings for Campbell's stock show a consensus of "Reduce" with an average price target of $36.06, reflecting mixed investor sentiment.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC cut its stake in shares of The Campbell's Company (NASDAQ:CPB - Free Report) by 0.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,793,875 shares of the company's stock after selling 15,295 shares during the quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned 0.60% of Campbell's worth $71,611,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also bought and sold shares of the company. World Investment Advisors bought a new stake in Campbell's during the first quarter valued at approximately $410,000. Teacher Retirement System of Texas bought a new stake in Campbell's during the first quarter valued at approximately $1,131,000. KBC Group NV raised its stake in shares of Campbell's by 182.0% during the first quarter. KBC Group NV now owns 498,216 shares of the company's stock worth $19,889,000 after acquiring an additional 321,520 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Campbell's by 13.2% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 25,865 shares of the company's stock worth $1,027,000 after acquiring an additional 3,010 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its stake in shares of Campbell's by 24.3% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 13,366 shares of the company's stock worth $534,000 after acquiring an additional 2,614 shares in the last quarter. 52.35% of the stock is currently owned by institutional investors.

Campbell's Trading Up 1.9%

NASDAQ:CPB traded up $0.64 during trading hours on Thursday, hitting $33.57. The company had a trading volume of 4,886,475 shares, compared to its average volume of 7,173,507. The company has a debt-to-equity ratio of 1.56, a current ratio of 0.77 and a quick ratio of 0.33. The Campbell's Company has a 52 week low of $29.39 and a 52 week high of $51.74. The company has a market capitalization of $10.01 billion, a PE ratio of 16.79, a price-to-earnings-growth ratio of 11.44 and a beta of 0.05. The stock has a 50-day moving average price of $32.43 and a 200 day moving average price of $34.59.

Campbell's (NASDAQ:CPB - Get Free Report) last posted its earnings results on Wednesday, September 3rd. The company reported $0.62 EPS for the quarter, topping the consensus estimate of $0.57 by $0.05. Campbell's had a net margin of 5.87% and a return on equity of 22.95%. The firm had revenue of $2.32 billion during the quarter, compared to analysts' expectations of $2.33 billion. During the same period last year, the company posted $3.08 EPS. The company's quarterly 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. On average, equities research analysts predict that The Campbell's Company will post 3.15 EPS for the current fiscal year.

Campbell's Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, November 3rd. Stockholders of record on Thursday, October 2nd will be given a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 4.6%. The ex-dividend date of this dividend is Thursday, October 2nd. Campbell's's dividend payout ratio (DPR) is currently 78.00%.

Analyst Ratings Changes

Several research analysts have commented on CPB shares. UBS Group decreased their price target on shares of Campbell's from $33.00 to $30.00 and set a "sell" rating on the stock in a research note on Friday, August 29th. Royal Bank Of Canada decreased their price target on shares of Campbell's from $44.00 to $38.00 and set a "sector perform" rating on the stock in a research note on Tuesday, June 3rd. Sanford C. Bernstein lifted their price target on shares of Campbell's from $38.00 to $39.00 and gave the stock an "outperform" rating in a research note on Thursday, September 4th. Piper Sandler reissued a "neutral" rating and set a $34.00 price target (down from $35.00) on shares of Campbell's in a research note on Thursday, August 7th. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on shares of Campbell's from $43.00 to $39.00 and set a "hold" rating on the stock in a research note on Wednesday, May 21st. Three equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and five have given a Sell rating to the company's stock. According to MarketBeat.com, the company currently 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.