CPB stock icon

Campbell Soup
CPB

$51.10
1.41%

Market Cap: $15.3B

 

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 (which 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 6,710 funds
0
Analysts bullish %
of 6 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

36% more call options, than puts

Call options by funds: $77.4M | Put options by funds: $57.1M

25% more funds holding in top 10

Funds holding in top 10: 4 [Q1] → 5 (+1) [Q2]

6% more capital invested

Capital invested by funds: $6.98B [Q1] → $7.39B (+$414M) [Q2]

2.14% more ownership

Funds ownership: 52.65% [Q1] → 54.78% (+2.14%) [Q2]

1% more funds holding

Funds holding: 618 [Q1] → 625 (+7) [Q2]

10% more first-time investments, than exits

New positions opened: 78 | Existing positions closed: 71

0% less repeat investments, than reductions

Existing positions increased: 215 | Existing positions reduced: 216

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$45
12%
downside
Avg. target
$48
6%
downside
High target
$52
2%
upside

6 analyst ratings

positive
17%
neutral
83%
negative
0%
RBC Capital
Nik Modi
63% 1-year accuracy
24 / 38 met price target
8%downside
$47
Sector Perform
Reiterated
30 Aug 2024
Wells Fargo
Chris Carey
48% 1-year accuracy
11 / 23 met price target
4%downside
$49
Equal-Weight
Maintained
30 Aug 2024
RBC Capital
Nik Modi
63% 1-year accuracy
24 / 38 met price target
8%downside
$47
Sector Perform
Reiterated
27 Aug 2024
Stifel
Matthew Smith
63% 1-year accuracy
20 / 32 met price target
12%downside
$45
Hold
Maintained
27 Aug 2024
TD Cowen
Robert Moskow
70% 1-year accuracy
19 / 27 met price target
8%downside
$47
Hold
Maintained
21 Aug 2024

Financial journalist opinion

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