Value Partners Investments Inc. Buys 27,000 Shares of The Campbell's Company $CPB

Key Points

• Value Partners Investments Inc. increased its stake in The Campbell's Company by 30%, holding a total of 117,000 shares valued at approximately $3.59 million.
• Several large investors, including Arvest Investments Inc. and Voya Investment Management LLC, have also recently adjusted their positions in Campbell's, reflecting growing institutional interest.
• Campbell's reported a quarterly EPS of $0.62, surpassing expectations, with analysts forecasting a future EPS of 3.15 for the current fiscal year.

Value Partners Investments Inc. lifted its holdings in shares of The Campbell's Company (NASDAQ:CPB - Free Report) by 30.0% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 117,000 shares of the company's stock after purchasing an additional 27,000 shares during the period. Value Partners Investments Inc.'s holdings in Campbell's were worth $3,587,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of CPB. Manchester Capital Management LLC lifted its holdings in shares of Campbell's by 923.2% during the first quarter. Manchester Capital Management LLC now owns 706 shares of the company's stock worth $28,000 after purchasing an additional 637 shares during the period. NBC Securities Inc. acquired a new position in Campbell's in the first quarter valued at $31,000. Geneos Wealth Management Inc. lifted its holdings in Campbell's by 333.3% in the first 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. Riverview Trust Co acquired a new position in Campbell's in the first quarter valued at $46,000. Finally, Banque Cantonale Vaudoise acquired a new position in Campbell's in the first quarter valued at $47,000. Institutional investors and hedge funds own 52.35% of the company's stock.

Campbell's Stock Down 0.4%

CPB stock traded down $0.12 during trading on Friday, reaching $33.45. 2,181,031 shares of the stock were exchanged, compared to its average volume of 4,498,806. The firm's 50 day moving average is $32.43 and its 200 day moving average is $34.59. The Campbell's Company has a twelve month low of $29.39 and a twelve month high of $51.74. 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 $9.97 billion, a P/E ratio of 16.74, a price-to-earnings-growth ratio of 11.44 and a beta of 0.05.

Campbell's (NASDAQ:CPB - Get Free Report) last posted its quarterly 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 business had revenue of $2.32 billion for the quarter, compared to the consensus estimate of $2.33 billion. During the same period in the prior year, the business earned $3.08 EPS. The firm'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. As a group, research analysts forecast that The Campbell's Company will post 3.15 EPS for the current year.

Campbell's Announces Dividend

The firm 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 dividend of $0.39 per share. The ex-dividend date of this dividend is Thursday, October 2nd. This represents a $1.56 annualized dividend and a dividend yield of 4.7%. Campbell's's payout ratio is presently 78.00%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the stock. Argus lowered shares of Campbell's from a "buy" rating to a "hold" rating in a report on Friday, June 20th. Stifel Nicolaus dropped their target price on shares of Campbell's from $38.00 to $34.00 and set a "hold" rating on the stock in a report on Tuesday, July 29th. Cowen restated a "hold" rating on shares of Campbell's in a report on Thursday, September 4th. Sanford C. Bernstein boosted their target price on shares of Campbell's from $38.00 to $39.00 and gave the company an "outperform" rating in a report on Thursday, September 4th. Finally, Barclays dropped their target price on shares of Campbell's from $35.00 to $30.00 and set an "underweight" rating on the stock in a report on Monday, July 14th. Three investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Reduce" and an average 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.