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

Key Points

• Analysts have a bearish-to-neutral outlook: Campbell’s has a consensus “Reduce” rating from 19 brokerages, including seven sells and 12 holds. The average 12-month price target is $21.20, below the reported $22.60 share price.
• Campbell’s reported quarterly EPS of $0.50, beating estimates of $0.48, while revenue declined 4.4% year over year to $2.37 billion. Analysts expect full-year EPS of approximately $2.18, within the company’s $2.15–$2.25 guidance range.
• Institutional investors own 52.35% of Campbell’s stock, with several funds recently initiating positions, including Bank of New York Mellon, which acquired roughly $79.1 million worth of shares.

The Campbell's Company (NASDAQ:CPB - Get Free Report) has been assigned an average rating of "Reduce" from the nineteen brokerages that are currently covering the stock, MarketBeat Ratings reports. Seven equities research analysts have rated the stock with a sell recommendation and twelve have given a hold recommendation to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $21.20.

Several research firms have issued reports on CPB. William Blair began coverage on shares of Campbell's in a research report on Tuesday, June 23rd. They issued a "market perform" rating on the stock. Morgan Stanley dropped their target price on Campbell's from $23.00 to $21.00 and set an "equal weight" rating on the stock in a report on Friday, June 5th. Royal Bank Of Canada cut their price objective on Campbell's from $23.00 to $21.00 and set a "sector perform" rating for the company in a report on Tuesday, June 9th. Barclays cut their price objective on shares of Campbell's from $21.00 to $19.00 and set an "underweight" rating on the stock in a research report on Monday, June 8th. Finally, BTIG Research restated a "neutral" rating on shares of Campbell's in a report on Monday, June 8th.

Campbell's Price Performance

NASDAQ CPB opened at $22.60 on Thursday. Campbell's has a 12 month low of $19.56 and a 12 month high of $34.17. The firm has a market capitalization of $6.74 billion, a PE ratio of 11.19 and a beta of 0.02. The company's 50 day simple moving average is $22.25 and its 200 day simple moving average is $22.88. The company has a debt-to-equity ratio of 1.53, a current ratio of 0.87 and a quick ratio of 0.38.

Campbell's (NASDAQ:CPB - Get Free Report) last posted its quarterly earnings data on Monday, June 8th. The company reported $0.50 EPS for the quarter, topping analysts' consensus estimates of $0.48 by $0.02. Campbell's had a return on equity of 18.04% and a net margin of 6.12%.The company had revenue of $2.37 billion for the quarter. During the same period in the prior year, the firm posted $0.22 EPS. The firm's quarterly revenue was down 4.4% on a year-over-year basis. Campbell's has set its FY 2026 guidance at 2.150-2.250 EPS. As a group, equities research analysts forecast that Campbell's will post 2.18 EPS for the current fiscal year.

Hedge Funds Weigh In On Campbell's

Several hedge funds and other institutional investors have recently added to or reduced their stakes in CPB. OVERSEA CHINESE BANKING Corp Ltd bought a new position in shares of Campbell's in the second quarter valued at approximately $779,000. Comprehensive Financial Planning Inc. PA acquired a new stake in shares of Campbell's in the second quarter worth $31,000. Citizens Financial Group Inc. RI bought a new stake in shares of Campbell's during the 2nd quarter worth $273,000. Commerzbank Aktiengesellschaft FI bought a new stake in shares of Campbell's during the 2nd quarter worth $878,000. Finally, Bank of New York Mellon Corp acquired a new position in Campbell's in the 2nd quarter valued at $79,090,000. Institutional investors and hedge funds own 52.35% of the company's stock.

About Campbell's

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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