CPB stock icon

Campbell Soup
CPB

$45.27
1.89%
 

About: Over the past 150-plus years, Campbell Soup has evolved into a leading packaged food manufacturer in North America, with a portfolio that extends beyond its iconic red-and-white labeled canned soup. In fiscal 2023, snacks accounted for half of its revenue (50%), followed by soup (29%), other simple meals (13%), and beverages (8%). Outside its namesake, its brands include Pepperidge Farm, Goldfish, Snyder's of Hanover, Swanson, Pacific Foods, Prego, Pace, V8, and recently acquired Rao's (closed in March 2024). Nearly 90% of its revenue results from the US and the remainder from Canada and Latin America.

Employees: 14,500

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 15 analysts
0
News positive %
of 26 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

33% more funds holding in top 10

Funds holding in top 10: 3 [Q4 2023] → 4 (+1) [Q1 2024]

2% more first-time investments, than exits

New positions opened: 67 | Existing positions closed: 66

1% more capital invested

Capital invested by funds: $6.74B [Q4 2023] → $6.83B (+$91.9M) [Q1 2024]

0% more funds holding

Funds holding: 607 [Q4 2023] → 608 (+1) [Q1 2024]

0.75% less ownership

Funds ownership: 52.28% [Q4 2023] → 51.54% (-0.75%) [Q1 2024]

19% less repeat investments, than reductions

Existing positions increased: 194 | Existing positions reduced: 240

20% less call options, than puts

Call options by funds: $58.7M | Put options by funds: $73.4M

Research analyst outlook

15 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$41
9%
downside
Avg. target
$46
2%
upside
High target
$49
8%
upside

15 analyst ratings

positive
20%
10 neutral
67%
negative
13%
DA Davidson
Brian Holland
8%upside
$49
Buy
Maintained
10 Jun 2024
Wells Fargo
John Baumgartner
4%upside
$47
Equal-Weight
Maintained
7 Jun 2024
RBC Capital
Nik Modi
4%upside
$47
Sector Perform
Reiterated
7 Jun 2024
Citigroup
Thomas Palmer
7%downside
$42
Sell
Maintained
23 May 2024
Bernstein
Alexia Howard
2%upside
$46
Market Perform
Upgraded
15 May 2024

Financial journalist opinion

Based on 26 articles about CPB published over the past 30 days