The Campbell's Company $CPB Stake Boosted by Stephens Inc. AR

Key Points

• Stephens Inc. AR increased its stake in The Campbell's Company by 12% in Q2, owning 141,679 shares worth $4.35 million.
• The company reported an EPS of $0.62 for its latest quarter, exceeding analyst estimates of $0.57.
• Campbell's declared a quarterly dividend of $0.39 per share, resulting in a dividend yield of 5.0% and a payout ratio of 78.00%.

Stephens Inc. AR boosted its holdings in shares of The Campbell's Company (NASDAQ:CPB - Free Report) by 12.0% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 141,679 shares of the company's stock after acquiring an additional 15,181 shares during the quarter. Stephens Inc. AR's holdings in Campbell's were worth $4,351,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of CPB. GAMMA Investing LLC boosted its position in Campbell's by 6.6% during the 1st quarter. GAMMA Investing LLC now owns 8,064 shares of the company's stock worth $322,000 after acquiring an additional 496 shares during the period. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Campbell's by 24.3% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 13,366 shares of the company's stock valued at $534,000 after buying an additional 2,614 shares during the last quarter. State of Alaska Department of Revenue lifted its holdings in shares of Campbell's by 1.4% during the 1st quarter. State of Alaska Department of Revenue now owns 47,048 shares of the company's stock valued at $1,878,000 after buying an additional 650 shares during the last quarter. PFG Investments LLC lifted its holdings in shares of Campbell's by 35.6% during the 1st quarter. PFG Investments LLC now owns 9,442 shares of the company's stock valued at $377,000 after buying an additional 2,480 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. lifted its holdings in shares of Campbell's by 4.5% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 35,634 shares of the company's stock valued at $1,423,000 after buying an additional 1,532 shares during the last quarter. 52.35% of the stock is currently owned by institutional investors and hedge funds.

Campbell's Price Performance

Shares of CPB stock opened at $31.07 on Wednesday. The company has a debt-to-equity ratio of 1.56, a current ratio of 0.77 and a quick ratio of 0.28. The firm has a market cap of $9.25 billion, a price-to-earnings ratio of 15.54, a P/E/G ratio of 10.78 and a beta of 0.02. The stock's fifty day simple moving average is $32.18 and its 200 day simple moving average is $33.30. The Campbell's Company has a one year low of $29.39 and a one year high of $48.25.

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

Campbell's Dividend Announcement

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

Analysts Set New Price Targets

Several brokerages have recently issued reports on CPB. UBS Group reduced their price target on Campbell's from $33.00 to $30.00 and set a "sell" rating for the company in a report on Friday, August 29th. TD Cowen lifted their price target on Campbell's from $29.00 to $31.00 and gave the company a "hold" rating in a report on Thursday, September 4th. Morgan Stanley lifted their price target on Campbell's from $32.00 to $33.00 and gave the company an "equal weight" rating in a report on Friday, September 5th. Cowen reiterated a "hold" rating on shares of Campbell's in a report on Thursday, September 4th. Finally, Zacks Research upgraded Campbell's from a "strong sell" rating to a "hold" rating in a report on Monday, October 6th. Three analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and five have issued a Sell rating to the stock. According to data from MarketBeat.com, Campbell's currently has a consensus rating of "Reduce" and an average target price of $34.82.

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.

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