Stephens Cuts Campbell’s (NASDAQ:CPB) Price Target to $38.00
by Jessica Moore · The Cerbat GemCampbell’s (NASDAQ:CPB – Free Report) had its target price trimmed by Stephens from $40.00 to $38.00 in a report published on Monday morning, MarketBeat.com reports. They currently have an overweight rating on the stock.
A number of other equities analysts also recently weighed in on CPB. DA Davidson set a $30.00 target price on shares of Campbell’s in a research note on Monday, November 17th. UBS Group decreased their price target on Campbell’s from $30.00 to $28.00 and set a “sell” rating for the company in a report on Thursday, December 4th. Morgan Stanley dropped their price objective on Campbell’s from $33.00 to $30.00 and set an “equal weight” rating on the stock in a research note on Friday, December 5th. JPMorgan Chase & Co. started coverage on Campbell’s in a research report on Wednesday, August 20th. They set a “neutral” rating and a $33.00 target price on the stock. Finally, Sanford C. Bernstein lifted their target price on Campbell’s from $38.00 to $39.00 and gave the stock an “outperform” rating in a report on Thursday, September 4th. Three analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and five have assigned a Sell rating to the company. Based on data from MarketBeat.com, Campbell’s presently has an average rating of “Reduce” and an average target price of $32.59.
View Our Latest Stock Analysis on CPB
Campbell’s Price Performance
Shares of CPB opened at $28.18 on Monday. The business has a 50-day moving average of $30.53 and a 200-day moving average of $31.79. The company has a debt-to-equity ratio of 1.54, a current ratio of 0.82 and a quick ratio of 0.28. The company has a market capitalization of $8.39 billion, a price-to-earnings ratio of 14.60, a price-to-earnings-growth ratio of 9.93 and a beta of -0.05. Campbell’s has a 1 year low of $27.85 and a 1 year high of $43.85.
Campbell’s (NASDAQ:CPB – Get Free Report) last announced its earnings results on Tuesday, December 9th. The company reported $0.77 EPS for the quarter, beating the consensus estimate of $0.73 by $0.04. Campbell’s had a return on equity of 21.84% and a net margin of 5.69%.The business had revenue of $2.68 billion for the quarter. The company’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. As a group, equities research analysts anticipate that Campbell’s will post 3.15 earnings per share for the current year.
Campbell’s Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, February 2nd. Shareholders of record on Thursday, January 8th will be issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 5.5%. The ex-dividend date of this dividend is Thursday, January 8th. Campbell’s’s dividend payout ratio is 78.00%.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the company. Two Sigma Investments LP increased its holdings in Campbell’s by 534.8% in the 3rd quarter. Two Sigma Investments LP now owns 4,937,170 shares of the company’s stock worth $155,916,000 after acquiring an additional 4,159,398 shares during the last quarter. Massachusetts Financial Services Co. MA bought a new position in Campbell’s during the third quarter worth about $77,940,000. Invesco Ltd. boosted its position in Campbell’s by 42.6% during the third quarter. Invesco Ltd. now owns 7,995,733 shares of the company’s stock worth $252,505,000 after purchasing an additional 2,387,575 shares during the period. UBS Group AG increased its stake in shares of Campbell’s by 175.7% in the third quarter. UBS Group AG now owns 3,730,947 shares of the company’s stock worth $117,823,000 after purchasing an additional 2,377,488 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its position in shares of Campbell’s by 287.5% in the third quarter. Arrowstreet Capital Limited Partnership now owns 2,377,390 shares of the company’s stock valued at $75,078,000 after purchasing an additional 1,763,870 shares during the period. Hedge funds and other institutional investors own 52.35% of the company’s stock.
About Campbell’s
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.
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