UniSuper Management Pty Ltd Boosts Position in The Campbell’s Company $CPB

UniSuper Management Pty Ltd boosted its holdings in The Campbell’s Company (NASDAQ:CPB) by 8.4% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 45,277 shares of the company’s stock after buying an additional 3,521 shares during the period. UniSuper Management Pty Ltd’s holdings in Campbell’s were worth $1,807,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the business. New England Asset Management Inc. raised its holdings in Campbell’s by 0.6% in the first quarter. New England Asset Management Inc. now owns 64,690 shares of the company’s stock valued at $2,582,000 after buying an additional 370 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Campbell’s by 3.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,472 shares of the company’s stock valued at $777,000 after buying an additional 685 shares during the period. Banque Transatlantique SA purchased a new position in Campbell’s in the first quarter valued at approximately $658,000. Amundi raised its stake in shares of Campbell’s by 6.4% during the first quarter. Amundi now owns 2,082,885 shares of the company’s stock valued at $82,941,000 after purchasing an additional 124,647 shares during the period. Finally, Adage Capital Partners GP L.L.C. purchased a new stake in shares of Campbell’s during the first quarter valued at approximately $7,167,000. Hedge funds and other institutional investors own 52.35% of the company’s stock.

Analyst Upgrades and Downgrades

CPB has been the topic of a number of analyst reports. Stephens dropped their price objective on shares of Campbell’s from $48.00 to $43.00 in a research note on Wednesday, May 28th. UBS Group dropped their price objective on shares of Campbell’s from $33.00 to $30.00 and set a “sell” rating on the stock in a research note on Friday, August 29th. Deutsche Bank Aktiengesellschaft cut their price target on Campbell’s from $43.00 to $39.00 and set a “hold” rating on the stock in a research note on Wednesday, May 21st. Argus cut Campbell’s from a “buy” rating to a “hold” rating in a research note on Friday, June 20th. Finally, Morgan Stanley boosted their price target on Campbell’s from $32.00 to $33.00 and gave the stock an “equal weight” rating in a research note on Friday, September 5th. Three investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and five have given a Sell rating to the company. Based on data from MarketBeat.com, Campbell’s has an average rating of “Reduce” and a consensus target price of $36.06.

Campbell’s Stock Down 0.7%

Shares of NASDAQ:CPB opened at $33.49 on Thursday. The firm has a market cap of $9.98 billion, a PE ratio of 16.75, a price-to-earnings-growth ratio of 11.72 and a beta of 0.05. The company has a fifty day simple moving average of $32.14 and a 200 day simple moving average of $34.90. The company has a current ratio of 0.77, a quick ratio of 0.33 and a debt-to-equity ratio of 1.56. The Campbell’s Company has a 12-month low of $29.39 and a 12-month high of $52.19.

Campbell’s (NASDAQ:CPB) last released its quarterly earnings data on Wednesday, September 3rd. The company reported $0.62 EPS for the quarter, topping analysts’ consensus estimates of $0.57 by $0.05. The firm had revenue of $2.32 billion during the quarter, compared to the consensus estimate of $2.33 billion. Campbell’s had a net margin of 5.87% and a return on equity of 22.95%. The firm’s revenue was up 1.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $3.08 earnings per share. Campbell’s has set its FY 2026 guidance at 2.400-2.550 EPS. On average, equities research analysts anticipate that The Campbell’s Company will post 3.15 EPS for the current fiscal year.

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.