Howard Averill Buys Shares in The Campbell's Company
Howard Averill purchased 1,977 shares of The Campbell's Company on June 29, 2026.
Key Points
- Howard Averill bought 1,977 shares of The Campbell's Company on June 29, 2026, with shares trading at $22.76 on Wednesday.
- The Campbell's Company has a market cap of about $6.64 billion, a P/E ratio of 10.92, and a 52-week range between $19.56 and $34.17.
- Major funds like BlackRock and Invesco adjusted their holdings, while analysts maintained mixed ratings, including 'sell' and 'hold'.
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Howard Averill recently purchased 1,977 shares of The Campbell's Company, trading under the ticker CPB on the NasdaqGS. This transaction took place on June 29, 2026. Shares of the company traded at $22.76 on Wednesday.
Insider Buying and Selling at The Campbell's Company
Alongside Howard Averill, several other insiders made similar moves on June 29, 2026. Dorrance Bennett Jr, Marc Bradley Lautenbach, Keith McLoughlin, Fabiola Arredondo, and Sarah Hofstetter each bought shares, with amounts ranging from 1,814 to 3,716 shares. None of these transactions were part of a pre-planned trading program.
Other Institutional Activity in The Campbell's Company
In the institutional arena, BlackRock, Inc. reduced its holdings by 7,791,883 shares, bringing its total to 17,112,705 shares valued at approximately $381.1 million. In contrast, Invesco Ltd. increased its stake by 3,776,768 shares, ending with 13,496,177 shares worth about $300.6 million. Vanguard Capital Management LLC opened a new position with 13,160,519 shares valued at $293.1 million. State Street Corp added 1,473,614 shares to hold a total of 12,509,743 shares worth approximately $278.6 million. Dimensional Fund Advisors LP also increased its holdings by 1,933,814 shares, reaching a total of 10,239,231 shares valued at $228 million.
The Campbell's Company Stock Down 1.9%
On Wednesday, shares of The Campbell's Company traded at $22.76. The company, with a market cap of roughly $6.64 billion, has a P/E ratio of 10.92 and a beta of 0.01, indicating low volatility. Over the past 52 weeks, the stock has fluctuated between $19.56 and $34.17. It has a 50-day moving average of $21.10 and a 200-day moving average of $26.19. The company's current ratio stands at 0.87, with a quick ratio of 0.32 and a debt-to-equity ratio of 182.04.
$CPB stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
The Campbell's Company reported revenues of approximately $9.93 billion, though it experienced a revenue decline of 4.4%. Its earnings per share (EPS) stood at $2.04, with a net margin of 6.12% and a return on equity of 15.39%. The next earnings release is anticipated on September 9, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
5 target cuts vs 0 raises.
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EPS & revenue
EPS beat estimates by 3.5%. Revenue missed estimates by 1.6%.
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Profit surprise
EBITDA missed by 36 percent. Operating income missed by 12 percent.
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Pre-earnings setup
Bar was low, analysts cautious going in.
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Analyst signal
5 target cuts.
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Earnings quality
Gross margin down 1.9 points. Operating margin down 2.3 points. Positive free cash flow.
Earnings Call Summary
Campbell beat EPS by one penny but missed revenue by $39 million in the quarter. The big problem is Snacks, where the segment margin dropped to 7 percent, down 390 basis points, due to a 6 percent sales decline and deleverage in manufacturing and distribution from Fresh Bakery execution failures that began before the winter storm. RAO'S in Meals and Beverages grew 14.5 percent, driving strong consumption in Q2, but that growth is not expected to sustain. Management is shifting marketing dollars to promotional pricing on chips and pretzels to compete, investing $100 million in overhead cuts, and suspending share buybacks to focus on debt reduction as leverage sits above four times.
Guidance Management reaffirmed full year earnings guidance of about $0.90 per share but provided no new revenue or near-term sales forecast. They expect Snacks to decline about 4 percent in the second half of the year, with Fresh Bakery challenges to persist into Q3 before improving in Q4. Meals and Beverages is expected to see flat to down 1 percent consumption in the back half after strong Q2 driven by holiday demand and RAO'S growth.
Very weak report. The release materially worsened the forward outlook.
Dividend
The company pays an annual dividend rate of $1.56 per share, yielding about 7.0%. The dividend payout ratio is 76.47%, indicating a significant portion of earnings is returned to shareholders.
Analysts Set New Price Targets
On June 9, 2026, UBS maintained its 'sell' rating with a price target of $17. RBC Capital also maintained a 'hold' rating with a target of $21. B of A Securities and Barclays kept their 'sell' ratings, setting targets at $18 and $19, respectively. The consensus from 18 analyst opinions suggests a 'hold' recommendation, with a mean target price of $21.44.
About The Campbell's Company
The Campbell's Company, headquartered in Camden, New Jersey, is a major player in the consumer defensive sector, specifically within the packaged foods industry. It operates through Meals & Beverages and Snacks segments, offering a wide range of products including soups, broths, sauces, and snacks like Pepperidge Farm cookies and Goldfish crackers. Led by CEO Mick J. Beekhuizen, the company employs around 13,700 people and sells its products in the U.S. and internationally.
Bottom Line
Howard Averill's recent purchase of The Campbell's Company shares adds to a series of insider buys, suggesting some internal confidence. However, the stock's performance and analyst ratings present a mixed picture, with institutional investors adjusting their positions. As always, it's important to remember that insider transactions, like 13F filings, reflect past actions and may not indicate future performance.
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