The Campbell's Company (NASDAQ:CPB) Given Consensus Recommendation of "Reduce" by Analysts

Key Points

• The Campbell's Company has received a consensus recommendation of "Reduce" from 23 research firms, with five analysts rating it as a sell, fifteen as hold, and three as buy.
• The company's shares hit a 1-year low of $29.39, while the average 12-month target price from brokers is $34.82.
• Campbell's recently announced a quarterly dividend of $0.39, representing an annualized dividend of $1.56 with a yield of 5.1%.

The Campbell's Company (NASDAQ:CPB - Get Free Report) has earned an average recommendation of "Reduce" from the twenty-three research firms that are currently covering the firm, MarketBeat.com reports. Five research analysts have rated the stock with a sell recommendation, fifteen have given a hold recommendation and three have given a buy recommendation to the company. The average 12-month target price among brokers that have covered the stock in the last year is $34.8235.

CPB has been the topic of several analyst reports. UBS Group lowered their price target on shares of Campbell's from $33.00 to $30.00 and set a "sell" rating on the stock in a report on Friday, August 29th. Zacks Research raised shares of Campbell's from a "strong sell" rating to a "hold" rating in a report on Monday, October 6th. TD Cowen lifted their price target on shares of Campbell's from $29.00 to $31.00 and gave the company a "hold" rating in a report on Thursday, September 4th. JPMorgan Chase & Co. assumed coverage on shares of Campbell's in a report on Wednesday, August 20th. They set a "neutral" rating and a $33.00 price target on the stock. Finally, Sanford C. Bernstein boosted their target price on shares of Campbell's from $38.00 to $39.00 and gave the stock an "outperform" rating in a report on Thursday, September 4th.

Campbell's Price Performance

Shares of NASDAQ:CPB opened at $30.71 on Friday. The company has a debt-to-equity ratio of 1.56, a current ratio of 0.77 and a quick ratio of 0.28. Campbell's has a 1-year low of $29.39 and a 1-year high of $48.74. The company has a market capitalization of $9.14 billion, a P/E ratio of 15.36, a P/E/G ratio of 10.48 and a beta of 0.02. The firm's 50 day simple moving average is $32.26 and its two-hundred day simple moving average is $33.52.

Campbell's (NASDAQ:CPB - Get Free Report) last issued its quarterly earnings results on Wednesday, September 3rd. The company reported $0.62 earnings per share for the quarter, beating 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 business had revenue of $2.32 billion for the quarter, compared to the consensus estimate of $2.33 billion. During the same quarter in the previous year, the firm earned $3.08 earnings per share. The company'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. Research analysts expect that Campbell's will post 3.15 EPS for the current fiscal year.

Campbell's Announces Dividend

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 issued a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 5.1%. The ex-dividend date of this dividend is Thursday, October 2nd. Campbell's's payout ratio is 78.00%.

Hedge Funds Weigh In On Campbell's

Several hedge funds have recently modified their holdings of CPB. Ameritas Advisory Services LLC purchased a new position in shares of Campbell's in the second quarter worth $25,000. Manchester Capital Management LLC lifted its holdings in shares of Campbell's by 923.2% in the first quarter. Manchester Capital Management LLC now owns 706 shares of the company's stock worth $28,000 after buying an additional 637 shares in the last quarter. ORG Partners LLC lifted its holdings in shares of Campbell's by 77.3% in the second quarter. ORG Partners LLC now owns 906 shares of the company's stock worth $29,000 after buying an additional 395 shares in the last quarter. SBI Securities Co. Ltd. lifted its holdings in shares of Campbell's by 66.8% in the second quarter. SBI Securities Co. Ltd. now owns 961 shares of the company's stock worth $29,000 after buying an additional 385 shares in the last quarter. Finally, Parvin Asset Management LLC purchased a new position in shares of Campbell's in the second quarter worth $35,000. Hedge funds and other institutional investors own 52.35% of the company's stock.

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.

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