The Campbell’s Company (NASDAQ:CPB) Receives $21.88 Average Price Target from Brokerages

Shares of The Campbell’s Company (NASDAQ:CPB) have received a consensus rating of “Reduce” from the twenty analysts that are currently covering the company, Marketbeat Ratings reports. Eight investment analysts have rated the stock with a sell recommendation and twelve have given a hold recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $22.00.

CPB has been the topic of several research analyst reports. Wells Fargo & Company cut Campbell’s from an “equal weight” rating to an “underweight” rating and dropped their price objective for the stock from $20.00 to $18.00 in a research note on Wednesday, April 8th. Bank of America decreased their target price on Campbell’s from $20.00 to $18.00 and set an “underperform” rating for the company in a research report on Tuesday, June 9th. Stifel Nicolaus upped their target price on Campbell’s from $20.00 to $22.00 and gave the stock a “hold” rating in a report on Wednesday. Royal Bank Of Canada dropped their price target on Campbell’s from $23.00 to $21.00 and set a “sector perform” rating on the stock in a research report on Tuesday, June 9th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Campbell’s in a research note on Tuesday, June 30th.

Campbell’s Price Performance

Campbell’s stock opened at $21.84 on Friday. The stock has a market cap of $6.51 billion, a price-to-earnings ratio of 10.81 and a beta of 0.02. The company has a debt-to-equity ratio of 1.53, a current ratio of 0.87 and a quick ratio of 0.38. Campbell’s has a 1 year low of $19.56 and a 1 year high of $34.17. The firm has a 50-day moving average of $21.72 and a two-hundred day moving average of $23.26.

Campbell’s (NASDAQ:CPB) last issued its earnings results on Monday, June 8th. The company reported $0.50 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.02. The business had revenue of $2.37 billion for the quarter. Campbell’s had a net margin of 6.12% and a return on equity of 18.04%. Campbell’s’s revenue was down 4.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.22 earnings per share. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. On average, research analysts forecast that Campbell’s will post 2.18 earnings per share for the current year.

Campbell’s Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 3rd. Shareholders of record on Thursday, July 2nd will be issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 7.1%. The ex-dividend date is Thursday, July 2nd. Campbell’s’s dividend payout ratio is presently 77.23%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Flagship Harbor Advisors LLC purchased a new stake in shares of Campbell’s in the 4th quarter worth approximately $29,000. Sittner & Nelson LLC purchased a new position in Campbell’s during the fourth quarter valued at approximately $29,000. Los Angeles Capital Management LLC purchased a new position in Campbell’s during the fourth quarter valued at approximately $29,000. Ankerstar Wealth LLC bought a new position in Campbell’s in the fourth quarter worth approximately $29,000. Finally, IMA Advisory Services Inc. bought a new position in Campbell’s in the fourth quarter worth approximately $33,000. Hedge funds and other institutional investors own 52.35% of the company’s stock.

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.