Vanguard Personalized Indexing Management LLC Grows Holdings in The Campbell's Company $CPB

Key Points

• Vanguard Personalized Indexing Management LLC increased its holdings in The Campbell's Company by 26%, bringing its total to 41,192 shares valued at approximately $1.26 million.
• The company reported $0.62 earnings per share for the last quarter, surpassing analysts' expectations and showing a 1.2% increase in revenue year-over-year.
• A quarterly dividend of $0.39 per share was announced, representing an annual yield of 5.1%, with the next payment scheduled for November 3rd.

Vanguard Personalized Indexing Management LLC increased its position in shares of The Campbell's Company (NASDAQ:CPB - Free Report) by 26.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 41,192 shares of the company's stock after buying an additional 8,509 shares during the period. Vanguard Personalized Indexing Management LLC's holdings in Campbell's were worth $1,263,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Ameritas Advisory Services LLC bought a new stake in shares of Campbell's in the 2nd quarter worth about $25,000. Manchester Capital Management LLC increased its position in shares of Campbell's by 923.2% in the 1st 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 last quarter. ORG Partners LLC increased its position in shares of Campbell's by 77.3% in the 2nd quarter. ORG Partners LLC now owns 906 shares of the company's stock worth $29,000 after purchasing an additional 395 shares during the last quarter. Geneos Wealth Management Inc. increased its position 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 worth $39,000 after purchasing an additional 750 shares during the last quarter. Finally, Banque Cantonale Vaudoise bought a new stake in shares of Campbell's in the 1st quarter worth about $47,000. Hedge funds and other institutional investors own 52.35% of the company's stock.

Campbell's Price Performance

Shares of NASDAQ:CPB opened at $30.86 on Friday. The company has a quick ratio of 0.28, a current ratio of 0.77 and a debt-to-equity ratio of 1.56. The Campbell's Company has a fifty-two week low of $29.39 and a fifty-two week high of $48.68. The firm has a 50-day simple moving average of $32.23 and a 200 day simple moving average of $33.42. The company has a market cap of $9.19 billion, a PE ratio of 15.43, a P/E/G ratio of 10.72 and a beta of 0.02.

Campbell's (NASDAQ:CPB - Get Free Report) last announced its quarterly earnings data on Wednesday, September 3rd. The company reported $0.62 earnings per share for the quarter, beating analysts' consensus estimates of $0.57 by $0.05. Campbell's had a net margin of 5.87% and a return on equity of 22.95%. The business had revenue of $2.32 billion during the quarter, compared to the consensus estimate of $2.33 billion. During the same quarter in the prior year, the firm earned $3.08 EPS. The company's revenue for the quarter 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, sell-side analysts anticipate that The Campbell's Company will post 3.15 EPS for the current year.

Campbell's Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, November 3rd. Shareholders of record on Thursday, October 2nd will be paid a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 5.1%. The ex-dividend date of this dividend is Thursday, October 2nd. Campbell's's payout ratio is presently 78.00%.

Wall Street Analysts Forecast Growth

CPB has been the subject of several research analyst reports. JPMorgan Chase & Co. initiated coverage on shares of Campbell's in a research report on Wednesday, August 20th. They issued a "neutral" rating and a $33.00 target price for the company. Zacks Research raised shares of Campbell's from a "strong sell" rating to a "hold" rating in a research report on Monday, October 6th. TD Cowen boosted their target price on shares of Campbell's from $29.00 to $31.00 and gave the stock a "hold" rating in a research report on Thursday, September 4th. Morgan Stanley boosted their target price on shares of Campbell's from $32.00 to $33.00 and gave the stock an "equal weight" rating in a research report on Friday, September 5th. Finally, Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Campbell's in a research report on Wednesday, October 8th. Three equities research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and five have given a Sell rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Reduce" and a consensus price target of $34.82.

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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