Campbell’s (NASDAQ:CPB) Hits New 52-Week Low – Time to Sell?

The Campbell’s Company (NASDAQ:CPBGet Free Report) shares hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $25.62 and last traded at $26.27, with a volume of 990563 shares changing hands. The stock had previously closed at $26.26.

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. Zacks Research raised shares of Campbell’s from a “strong sell” rating to a “hold” rating in a research report on Monday, October 6th. Weiss Ratings lowered shares of Campbell’s from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday. Stifel Nicolaus decreased their price objective on shares of Campbell’s from $34.00 to $30.00 and set a “hold” rating for the company in a research note on Wednesday, December 10th. UBS Group dropped their price objective on Campbell’s from $28.00 to $26.00 and set a “sell” rating on the stock in a report on Wednesday, December 10th. Finally, Morgan Stanley cut their target price on Campbell’s from $33.00 to $30.00 and set an “equal weight” rating on the stock in a research report on Friday, December 5th. Three equities research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and six have given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Reduce” and an average price target of $32.59.

Get Our Latest Research Report on CPB

Campbell’s Stock Up 0.1%

The company has a market capitalization of $7.84 billion, a PE ratio of 13.60, a P/E/G ratio of 9.45 and a beta of -0.04. The company has a current ratio of 0.82, a quick ratio of 0.34 and a debt-to-equity ratio of 1.54. The firm has a 50 day simple moving average of $29.40 and a two-hundred day simple moving average of $31.03.

Campbell’s (NASDAQ:CPBGet Free Report) last issued its quarterly earnings results on Tuesday, December 9th. The company reported $0.77 earnings per share for the quarter, topping the consensus estimate of $0.73 by $0.04. The firm had revenue of $2.68 billion during the quarter. Campbell’s had a return on equity of 21.84% and a net margin of 5.69%.The firm’s revenue was down 3.4% compared to the same quarter last year. Campbell’s has set its FY 2026 guidance at 2.400-2.550 EPS. Research analysts expect that The Campbell’s Company will post 3.15 EPS for the current year.

Campbell’s Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, February 2nd. Stockholders of record on Thursday, January 8th will be paid a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date of this dividend is Thursday, January 8th. Campbell’s’s dividend payout ratio is 80.83%.

Insider Activity at Campbell’s

In related news, EVP Charles A. Brawley III sold 11,550 shares of Campbell’s stock in a transaction that occurred on Tuesday, December 30th. The stock was sold at an average price of $28.14, for a total value of $325,017.00. Following the sale, the executive vice president directly owned 43,777 shares in the company, valued at $1,231,884.78. The trade was a 20.88% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 19.78% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Ameritas Advisory Services LLC acquired a new stake in Campbell’s during the 2nd quarter valued at $25,000. Stance Capital LLC acquired a new stake in shares of Campbell’s during the third quarter valued at $27,000. ORG Partners LLC increased its position in Campbell’s by 77.3% during the 2nd quarter. ORG Partners LLC now owns 906 shares of the company’s stock worth $29,000 after purchasing an additional 395 shares in the last quarter. SBI Securities Co. Ltd. raised its stake in Campbell’s by 66.8% in the 2nd quarter. SBI Securities Co. Ltd. now owns 961 shares of the company’s stock valued at $29,000 after purchasing an additional 385 shares during the last quarter. Finally, Parvin Asset Management LLC purchased a new position in Campbell’s in the 2nd quarter valued at about $35,000. Hedge funds and other institutional investors own 52.35% of the company’s stock.

About Campbell’s

(Get Free Report)

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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