Hillman Capital Management Inc. Sells 32,350 Shares of The Campbell’s Company $CPB

Hillman Capital Management Inc. trimmed its position in The Campbell’s Company (NASDAQ:CPB) by 18.7% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 140,684 shares of the company’s stock after selling 32,350 shares during the period. Campbell’s comprises 2.5% of Hillman Capital Management Inc.’s investment portfolio, making the stock its 19th biggest position. Hillman Capital Management Inc.’s holdings in Campbell’s were worth $3,921,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Public Employees Retirement System of Ohio grew its position in Campbell’s by 0.6% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 60,571 shares of the company’s stock worth $1,913,000 after purchasing an additional 376 shares in the last quarter. Steward Partners Investment Advisory LLC grew its position in Campbell’s by 8.1% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 5,099 shares of the company’s stock worth $142,000 after purchasing an additional 380 shares in the last quarter. New England Asset Management Inc. grew its position in Campbell’s by 0.6% in the 3rd quarter. New England Asset Management Inc. now owns 65,365 shares of the company’s stock worth $2,064,000 after purchasing an additional 380 shares in the last quarter. Horizon Investments LLC grew its position in Campbell’s by 10.2% in the 4th quarter. Horizon Investments LLC now owns 4,228 shares of the company’s stock worth $116,000 after purchasing an additional 390 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its position in Campbell’s by 0.5% in the 4th quarter. Commonwealth Equity Services LLC now owns 90,311 shares of the company’s stock worth $2,517,000 after purchasing an additional 440 shares in the last quarter. 52.35% of the stock is owned by institutional investors.

Campbell’s Stock Down 2.4%

CPB opened at $21.77 on Wednesday. The company has a 50 day moving average of $20.93 and a 200 day moving average of $24.53. The company has a market cap of $6.49 billion, a PE ratio of 10.78 and a beta of 0.02. The Campbell’s Company has a 12 month low of $19.56 and a 12 month high of $34.17. The company has a current ratio of 0.87, a quick ratio of 0.38 and a debt-to-equity ratio of 1.53.

Campbell’s (NASDAQ:CPB) last released its quarterly earnings data on Monday, June 8th. The company reported $0.50 EPS for the quarter, topping the consensus estimate of $0.48 by $0.02. The company had revenue of $2.37 billion during the quarter. Campbell’s had a net margin of 6.12% and a return on equity of 18.04%. The firm’s quarterly revenue was down 4.4% on a year-over-year basis. During the same period last year, the business posted $0.22 earnings per share. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. On average, sell-side analysts expect that The Campbell’s Company will post 2.18 EPS for the current year.

Campbell’s Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 3rd. Investors of record on Thursday, July 2nd will be issued a $0.39 dividend. The ex-dividend date of this dividend is Thursday, July 2nd. This represents a $1.56 annualized dividend and a yield of 7.2%. Campbell’s’s dividend payout ratio (DPR) is 77.23%.

Analyst Ratings Changes

A number of research analysts have recently weighed in on CPB shares. Bank of America reduced their target price on shares of Campbell’s from $20.00 to $18.00 and set an “underperform” rating for the company in a research report on Tuesday, June 9th. Barclays reduced their target price on shares of Campbell’s from $21.00 to $19.00 and set an “underweight” rating for the company in a research report on Monday, June 8th. Sanford C. Bernstein reissued an “underperform” rating and set a $19.00 target price (down from $21.00) on shares of Campbell’s in a research report on Tuesday, June 9th. Deutsche Bank Aktiengesellschaft reduced their target price on shares of Campbell’s from $23.00 to $20.00 and set a “hold” rating for the company in a research report on Monday, March 30th. Finally, Jefferies Financial Group reissued a “hold” rating and set a $26.00 target price on shares of Campbell’s in a research report on Monday, March 2nd. Twelve analysts have rated the stock with a Hold rating and eight have issued a Sell rating to the company. According to MarketBeat.com, Campbell’s presently has an average rating of “Reduce” and a consensus target price of $21.88.

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.