Weiss Ratings Reaffirms "Hold (C-)" Rating for Campbell's (NASDAQ:CPB)

Key Points

• Weiss Ratings has reaffirmed a "Hold (C-)" rating for Campbell's (NASDAQ:CPB) in their latest research report, indicating cautious market confidence in the stock.
• Campbell's shares recently traded down 2.0% to $30.49, with a market cap of $9.09 billion and a consensus price target of $34.82 based on analyst ratings.
• The company reported earnings of $0.62 per share for the last quarter, exceeding analysts' estimates, though revenue slightly missed expectations with a total of $2.32 billion.

Campbell's (NASDAQ:CPB - Get Free Report)'s stock had its "hold (c-)" rating reaffirmed by investment analysts at Weiss Ratings in a research report issued on Wednesday,Weiss Ratings reports.

CPB has been the topic of a number of other research reports. UBS Group cut their target price 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. Sanford C. Bernstein lifted their price target on Campbell's from $38.00 to $39.00 and gave the company an "outperform" rating in a research report on Thursday, September 4th. Zacks Research upgraded shares of Campbell's from a "strong sell" rating to a "hold" rating in a research report on Monday. Piper Sandler restated a "neutral" rating and set a $34.00 price target (down previously from $35.00) on shares of Campbell's in a report on Thursday, August 7th. Finally, TD Cowen raised their price objective on Campbell's from $29.00 to $31.00 and gave the stock a "hold" rating in a research report on Thursday, September 4th. Three investment analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and five have given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Reduce" and a consensus price target of $34.82.

Campbell's Trading Down 2.0%

NASDAQ:CPB traded down $0.62 during mid-day trading on Wednesday, reaching $30.49. The company's stock had a trading volume of 6,036,370 shares, compared to its average volume of 5,764,610. The company's fifty day simple moving average is $32.53 and its two-hundred day simple moving average is $33.89. 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 twelve month low of $29.39 and a twelve month high of $49.11. The stock has a market cap of $9.09 billion, a P/E ratio of 15.25, a P/E/G ratio of 10.81 and a beta of 0.02.

Campbell's (NASDAQ:CPB - Get Free Report) last announced its quarterly earnings results on Wednesday, September 3rd. The company reported $0.62 earnings per share for the quarter, topping 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 firm had revenue of $2.32 billion during the quarter, compared to analysts' expectations of $2.33 billion. During the same period in the prior year, the company earned $3.08 EPS. The firm's revenue was up 1.2% on a year-over-year basis. Campbell's has set its FY 2026 guidance at 2.400-2.550 EPS. On average, equities analysts predict that Campbell's will post 3.15 EPS for the current year.

Institutional Investors Weigh In On Campbell's

Institutional investors and hedge funds have recently made changes to their positions in the stock. New England Asset Management Inc. lifted its holdings in Campbell's by 0.6% during the 1st quarter. New England Asset Management Inc. now owns 64,690 shares of the company's stock worth $2,582,000 after purchasing an additional 370 shares during the last quarter. J.W. Cole Advisors Inc. boosted its position in Campbell's by 1.9% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 19,920 shares of the company's stock worth $611,000 after buying an additional 375 shares during the period. Farther Finance Advisors LLC raised its position in shares of Campbell's by 22.4% during the second quarter. Farther Finance Advisors LLC now owns 2,102 shares of the company's stock worth $64,000 after acquiring an additional 384 shares during the last quarter. SBI Securities Co. Ltd. boosted its position in Campbell's by 66.8% during the second quarter. SBI Securities Co. Ltd. now owns 961 shares of the company's stock valued at $29,000 after acquiring an additional 385 shares during the last quarter. Finally, ORG Partners LLC increased its stake in shares of Campbell's by 77.3% in the 2nd quarter. ORG Partners LLC now owns 906 shares of the company's stock valued at $29,000 after acquiring an additional 395 shares in the last quarter. 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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