Vanguard Group Inc. Sells 130,002 Shares of The Campbell's Company $CPB

Key Points

• Vanguard trimmed its stake in Campbell's by 0.5%, selling 130,002 shares and leaving 23,515,429 shares outstanding (about a 7.89% stake) valued at roughly $655.4 million.
• Analyst sentiment has cooled—several brokerages cut price targets and MarketBeat shows an average rating of "Reduce" with an average target price of $26.06.
• Campbell's declared a $0.39 quarterly dividend (annualized $1.56), yielding about 7.5% with a payout ratio of 85.25%; the ex-dividend date was April 2 and the payment is scheduled for May 4.

Vanguard Group Inc. cut its position in shares of The Campbell's Company (NASDAQ:CPB - Free Report) by 0.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 23,515,429 shares of the company's stock after selling 130,002 shares during the quarter. Vanguard Group Inc. owned approximately 7.89% of Campbell's worth $655,375,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Stance Capital LLC bought a new position in Campbell's during the 3rd quarter worth approximately $27,000. Flagship Harbor Advisors LLC purchased a new stake in Campbell's in the 4th quarter worth approximately $29,000. IFP Advisors Inc purchased a new position in shares of Campbell's in the 3rd quarter valued at approximately $37,000. Geneos Wealth Management Inc. lifted its stake in shares of Campbell's by 333.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 975 shares of the company's stock valued at $39,000 after purchasing an additional 750 shares during the period. Finally, Rothschild Investment LLC lifted its stake in shares of Campbell's by 85.5% in the 3rd quarter. Rothschild Investment LLC now owns 1,271 shares of the company's stock valued at $40,000 after purchasing an additional 586 shares during the period. 52.35% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have issued reports on CPB. Deutsche Bank Aktiengesellschaft lowered their price objective on Campbell's from $23.00 to $20.00 and set a "hold" rating for the company in a research note on Monday, March 30th. Bank of America reduced their target price on Campbell's from $26.00 to $23.00 and set an "underperform" rating for the company in a report on Thursday, March 12th. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of Campbell's in a report on Thursday, April 2nd. Royal Bank Of Canada cut their price objective on Campbell's from $30.00 to $26.00 and set a "sector perform" rating for the company in a report on Thursday, March 12th. Finally, Morgan Stanley lowered their target price on Campbell's from $25.00 to $23.00 and set an "equal weight" rating on the stock in a research report on Thursday, April 23rd. One investment analyst has rated the stock with a Buy rating, thirteen have assigned a Hold rating and eight have given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Reduce" and an average target price of $26.06.

Campbell's Stock Performance

NASDAQ CPB opened at $20.73 on Monday. The stock has a market capitalization of $6.18 billion, a PE ratio of 11.33 and a beta of 0.01. The business has a 50 day simple moving average of $22.46 and a two-hundred day simple moving average of $26.65. The company has a debt-to-equity ratio of 1.66, a current ratio of 1.01 and a quick ratio of 0.51. The Campbell's Company has a 1-year low of $19.76 and a 1-year high of $36.26.

Campbell's (NASDAQ:CPB - Get Free Report) last released its quarterly earnings results on Wednesday, March 11th. The company reported $0.51 earnings per share for the quarter, missing the consensus estimate of $0.57 by ($0.06). The firm had revenue of $2.56 billion for the quarter. Campbell's had a net margin of 5.48% and a return on equity of 19.96%. Campbell's's quarterly revenue was down 4.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.74 EPS. Campbell's has set its FY 2026 guidance at 2.150-2.250 EPS. On average, research analysts predict that The Campbell's Company will post 2.19 EPS for the current fiscal year.

Campbell's Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, May 4th. Shareholders of record on Thursday, April 2nd will be given a dividend of $0.39 per share. The ex-dividend date is Thursday, April 2nd. This represents a $1.56 dividend on an annualized basis and a yield of 7.5%. Campbell's's dividend payout ratio is 85.25%.

Campbell's Company Profile

Campbell's NASDAQ: CPB is a leading manufacturer of shelf-stable foods and beverages, best known for its iconic soups and broths. Headquartered in Camden, New Jersey, the company offers a diverse portfolio of products designed to meet consumer demand for convenient, affordable meals and snacks. Since its founding in 1869, Campbell's has grown through a combination of organic innovation and strategic acquisitions to expand its presence in the food industry.

The company's brand portfolio includes Campbell's Condensed Soups, V8 juices, Prego pasta sauces, Swanson broths and stocks, Pace salsas and dips, and Pepperidge Farm baked snacks.

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