Analysts Set The Campbell's Company (NASDAQ:CPB) Price Target at $34.71

Key Points

• The Campbell's Company has received an average consensus rating of "Reduce" from 21 brokerages, with five analysts rating the stock as a sell and three as a buy.
• Campbell's reported earnings of $0.62 EPS for the quarter, surpassing expectations, but had a quarterly revenue of $2.32 billion, slightly below analysts' forecasts.
• The company announced a quarterly dividend of $0.39 per share, set to be paid on November 3rd, with a dividend yield of 4.7%.

The Campbell's Company (NASDAQ:CPB - Get Free Report) has been given a consensus recommendation of "Reduce" by the twenty-one brokerages that are currently covering the firm, MarketBeat reports. Five analysts have rated the stock with a sell recommendation, thirteen have given a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $34.7059.

CPB has been the subject of a number of recent analyst reports. DA Davidson decreased their price target on shares of Campbell's from $39.00 to $34.00 and set a "neutral" rating for the company in a research report on Monday, June 9th. Cowen reissued a "hold" rating on shares of Campbell's in a research report on Thursday, September 4th. TD Cowen raised their price target 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. Wells Fargo & Company decreased their price target on shares of Campbell's from $34.00 to $32.00 and set an "equal weight" rating for the company in a research report on Wednesday, July 9th. Finally, Morgan Stanley lifted their price objective on shares of Campbell's from $32.00 to $33.00 and gave the company an "equal weight" rating in a research note on Friday, September 5th.

Institutional Trading of Campbell's

Hedge funds have recently modified their holdings of the business. World Investment Advisors acquired a new stake in shares of Campbell's in the first quarter worth $410,000. Teacher Retirement System of Texas purchased a new position in Campbell's during the 1st quarter valued at about $1,131,000. KBC Group NV grew its stake in Campbell's by 182.0% during the 1st quarter. KBC Group NV now owns 498,216 shares of the company's stock valued at $19,889,000 after acquiring an additional 321,520 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its stake in Campbell's by 13.2% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 25,865 shares of the company's stock valued at $1,027,000 after acquiring an additional 3,010 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its stake in Campbell's by 24.3% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 13,366 shares of the company's stock valued at $534,000 after acquiring an additional 2,614 shares in the last quarter. Hedge funds and other institutional investors own 52.35% of the company's stock.

Campbell's Stock Down 0.6%

CPB traded down $0.19 on Monday, reaching $33.24. The company's stock had a trading volume of 5,079,097 shares, compared to its average volume of 7,622,102. The stock has a market cap of $9.91 billion, a price-to-earnings ratio of 16.62, a price-to-earnings-growth ratio of 11.62 and a beta of 0.05. Campbell's has a 1 year low of $29.39 and a 1 year high of $51.01. The company has a debt-to-equity ratio of 1.56, a current ratio of 0.77 and a quick ratio of 0.28. The business's 50 day moving average is $32.52 and its 200 day moving average is $34.41.

Campbell's (NASDAQ:CPB - Get Free Report) last issued its quarterly earnings results on Wednesday, September 3rd. The company reported $0.62 EPS for the quarter, beating 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 firm 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 business posted $3.08 earnings per share. Campbell's'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 Campbell's will post 3.15 EPS for the current fiscal year.

Campbell's Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 3rd. Shareholders of record on Thursday, October 2nd will be issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 4.7%. The ex-dividend date is Thursday, October 2nd. Campbell's's payout ratio is presently 78.00%.

About Campbell's

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.