Campbell’s (NASDAQ:CPB) Stock Price Down 8% – Here’s What Happened

The Campbell’s Company (NASDAQ:CPB)’s stock price was down 8% during trading on Tuesday . The company traded as low as $27.25 and last traded at $27.1290. Approximately 2,836,113 shares changed hands during mid-day trading, a decline of 59% from the average daily volume of 6,984,752 shares. The stock had previously closed at $29.49.

Analyst Upgrades and Downgrades

CPB has been the subject of several recent research reports. Weiss Ratings lowered Campbell’s from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, January 5th. Morgan Stanley reduced their target price on shares of Campbell’s from $30.00 to $28.00 and set a “cautious” rating for the company in a report on Friday, January 16th. Stifel Nicolaus set a $30.00 price target on shares of Campbell’s and gave the company a “hold” rating in a report on Tuesday, December 9th. Stephens cut their price objective on shares of Campbell’s from $40.00 to $38.00 and set an “overweight” rating on the stock in a research report on Monday, December 8th. Finally, UBS Group decreased their target price on shares of Campbell’s from $28.00 to $26.00 and set a “sell” rating for the company in a research report on Wednesday, December 10th. Three analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and six have given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Reduce” and an average target price of $32.29.

Campbell’s Stock Down 5.8%

The firm has a market capitalization of $8.28 billion, a price-to-earnings ratio of 14.39, a P/E/G ratio of 10.35 and a beta of -0.04. The company has a quick ratio of 0.34, a current ratio of 0.82 and a debt-to-equity ratio of 1.54. The company’s 50 day moving average price is $27.73 and its 200 day moving average price is $30.24.

Campbell’s (NASDAQ:CPB) last issued its earnings results on Tuesday, December 9th. The company reported $0.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.73 by $0.04. The company 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 business’s revenue for the quarter was down 3.4% 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 The Campbell’s Company will post 3.15 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Campbell’s news, EVP Charles A. Brawley III sold 11,550 shares of Campbell’s stock in a transaction dated Tuesday, December 30th. The stock was sold at an average price of $28.14, for a total transaction of $325,017.00. Following the completion of the transaction, the executive vice president owned 43,777 shares in the company, valued at approximately $1,231,884.78. This trade represents a 20.88% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Anthony Sanzio sold 2,700 shares of the business’s stock in a transaction that occurred on Friday, January 9th. The shares were sold at an average price of $26.51, for a total value of $71,577.00. Following the completion of the transaction, the executive vice president directly owned 25,264 shares of the company’s stock, valued at $669,748.64. The trade was a 9.66% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 19.78% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Campbell’s

Several large investors have recently made changes to their positions in CPB. MAC Alpha Capital Management LP acquired a new stake in Campbell’s during the fourth quarter valued at $6,051,000. Amundi raised its position in shares of Campbell’s by 11.2% in the fourth quarter. Amundi now owns 463,131 shares of the company’s stock worth $12,907,000 after acquiring an additional 46,474 shares during the period. Quantitative Investment Management LLC purchased a new stake in shares of Campbell’s during the 4th quarter worth about $986,000. Advisory Services Network LLC grew its position in shares of Campbell’s by 88.2% during the 4th quarter. Advisory Services Network LLC now owns 89,559 shares of the company’s stock valued at $2,496,000 after acquiring an additional 41,978 shares during the period. Finally, Atom Investors LP increased its stake in shares of Campbell’s by 69.4% in the 4th quarter. Atom Investors LP now owns 111,679 shares of the company’s stock valued at $3,112,000 after purchasing an additional 45,752 shares in the last quarter. 52.35% of the stock is currently owned by institutional investors and hedge funds.

Campbell’s Company Profile

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.