DA Davidson Has Lowered Expectations for Campbell Soup (NASDAQ:CPB) Stock Price

Campbell Soup (NASDAQ:CPB) had its target price decreased by research analysts at DA Davidson from $46.00 to $39.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The firm currently has a “neutral” rating on the stock. DA Davidson’s target price points to a potential upside of 1.09% from the stock’s current price. DA Davidson also issued estimates for Campbell Soup’s Q3 2025 earnings at $0.70 EPS, FY2025 earnings at $3.00 EPS and FY2026 earnings at $3.14 EPS.

A number of other research analysts also recently issued reports on the company. Jefferies Financial Group lowered their price target on Campbell Soup from $42.00 to $40.00 and set a “hold” rating on the stock in a report on Wednesday, March 5th. Bank of America lowered their target price on shares of Campbell Soup from $45.00 to $41.00 and set an “underperform” rating on the stock in a research note on Thursday, March 6th. BNP Paribas upgraded shares of Campbell Soup to a “strong sell” rating in a research note on Wednesday, February 26th. Citigroup lowered their price objective on shares of Campbell Soup from $39.00 to $37.00 and set a “sell” rating on the stock in a research report on Thursday, March 6th. Finally, Wells Fargo & Company dropped their target price on shares of Campbell Soup from $43.00 to $40.00 and set an “equal weight” rating on the stock in a report on Thursday, March 6th. Four research analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, Campbell Soup currently has an average rating of “Hold” and an average price target of $45.50.

Campbell Soup Price Performance

CPB stock opened at $38.58 on Tuesday. The company has a debt-to-equity ratio of 1.74, a current ratio of 0.91 and a quick ratio of 0.50. Campbell Soup has a 1 year low of $36.92 and a 1 year high of $52.81. The firm has a 50-day moving average of $39.36 and a 200 day moving average of $44.08. The company has a market cap of $11.50 billion, a P/E ratio of 21.08, a PEG ratio of 2.71 and a beta of 0.15.

Campbell Soup (NASDAQ:CPB) last announced its earnings results on Wednesday, March 5th. The company reported $0.74 EPS for the quarter, beating analysts’ consensus estimates of $0.73 by $0.01. Campbell Soup had a net margin of 5.57% and a return on equity of 23.79%. The firm had revenue of $2.69 billion for the quarter, compared to analysts’ expectations of $2.74 billion. The business’s revenue for the quarter was up 9.3% on a year-over-year basis. On average, sell-side analysts forecast that Campbell Soup will post 3.15 EPS for the current year.

Insider Activity

In other Campbell Soup news, EVP Anthony Sanzio sold 2,000 shares of the business’s stock in a transaction on Friday, January 3rd. The shares were sold at an average price of $41.90, for a total transaction of $83,800.00. Following the transaction, the executive vice president now owns 16,551 shares in the company, valued at $693,486.90. The trade was a 10.78 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 20.19% of the company’s stock.

Institutional Investors Weigh In On Campbell Soup

Several hedge funds and other institutional investors have recently modified their holdings of the business. Farther Finance Advisors LLC lifted its stake in Campbell Soup by 45.1% in the third quarter. Farther Finance Advisors LLC now owns 1,776 shares of the company’s stock worth $87,000 after acquiring an additional 552 shares during the period. Principal Financial Group Inc. lifted its stake in Campbell Soup by 6.8% during the 3rd quarter. Principal Financial Group Inc. now owns 278,607 shares of the company’s stock valued at $13,629,000 after acquiring an additional 17,663 shares during the period. Assetmark Inc. lifted its holdings in shares of Campbell Soup by 170.7% in the 3rd quarter. Assetmark Inc. now owns 1,819 shares of the company’s stock valued at $89,000 after buying an additional 1,147 shares during the period. Atria Investments Inc grew its stake in shares of Campbell Soup by 10.7% during the 3rd quarter. Atria Investments Inc now owns 5,600 shares of the company’s stock worth $274,000 after purchasing an additional 541 shares during the period. Finally, Los Angeles Capital Management LLC raised its position in shares of Campbell Soup by 90.6% in the third quarter. Los Angeles Capital Management LLC now owns 85,985 shares of the company’s stock worth $4,206,000 after acquiring an additional 40,864 shares during the period. 52.35% of the stock is currently owned by hedge funds and other institutional investors.

About Campbell Soup

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.