Victory Capital Management Inc. Reduces Holdings in The Campbell Soup Company (NASDAQ:CPB)

On March 12, 2025, it was reported that Victory Capital Management Inc. has significantly reduced its stake in The Campbell Soup Company (NASDAQ:CPB). The firm decreased its holdings by 62.4% during the fourth quarter, selling off 744,719 shares. As a result, Victory Capital now owns a total of 447,891 shares, which is valued at approximately $18.76 million based on their latest SEC filing.

Additionally, several other institutional investors have also made adjustments to their investments in Campbell Soup recently. For instance, Sherman Asset Management Inc. acquired a new stake worth about $36,000 during the fourth quarter. Meanwhile, Ashton Thomas Securities LLC also bought shares in the third quarter, valued around $39,000. Furthermore, Principal Securities Inc. increased its holdings by 45.5% during the fourth quarter, bringing their total to 927 shares, which are valued at approximately $39,000 after they purchased an additional 290 shares. Similarly, Kentucky Trust Co entered a new position during the fourth quarter worth around $42,000. Quent Capital LLC also expanded its stake by 77.7%, now owning 1,100 shares valued at $46,000 after purchasing an additional 481 shares. Overall, institutional investors hold about 52.35% of Campbell Soup's stock.

Campbell Soup Stock Overview

The shares of Campbell Soup opened at $39.96 on a recent Wednesday. The company shows a debt-to-equity ratio of 1.74, with a quick ratio of 0.50 and a current ratio of 0.91. Campbell Soup has a market capitalization of $11.92 billion, with a price-to-earnings ratio of 21.84 and a price-to-earnings-growth ratio of 2.71. The stock has notably fluctuated within a 52-week range, having hit a low of $36.92 and a high of $52.81. Its 50-day simple moving average is currently at $39.40, while the 200-day moving average is at $44.16.

On March 5, Campbell Soup Company released its quarterly earnings. The company reported earnings of $0.74 per share, slightly exceeding analysts' expectations of $0.73. The revenue for the quarter was $2.69 billion, which was a bit below the anticipated $2.74 billion. The net margin was reported at 5.57%, with a return on equity of 23.79%. Year-over-year, revenue climbed by 9.3%. Analysts project that Campbell Soup will report earnings of 3.15 per share for the current fiscal year.

Dividend Announcement

The company has also announced a quarterly dividend, set to be paid on April 28. Shareholders who are on record as of April 3 will receive a dividend of $0.39. The date on which the stock will trade ex-dividend is also April 3. This dividend translates to an annualized payout of $1.56, resulting in a yield of 3.90%. Presently, Campbell Soup’s payout ratio stands at 90.17%.

Insider Transactions

In related news, Anthony Sanzio, the Executive Vice President, sold 2,000 shares at an average price of $41.90 on January 3, resulting in total proceeds of $83,800. Following this sale, Sanzio holds 16,551 shares valued at approximately $693,486.90, showing a 10.78% decrease in his total ownership. This transaction was filed with the SEC, where the details can be reviewed. Currently, company insiders own about 20.19% of Campbell Soup stock.

Analyst Ratings and Price Targets

Several analysts have recently revised their price targets for Campbell Soup. Royal Bank of Canada lowered its target from $51.00 to $44.00 while maintaining a “sector perform” rating. On the other hand, BNP Paribas assigned a “strong sell” rating. Stephens has reiterated its “overweight” rating in earlier reports. Citigroup revised its target down from $39.00 to $37.00 with a “sell” rating. DA Davidson has also reduced its price objective, bringing it from $46.00 to $39.00 with a “neutral” rating. Overall, the consensus is mixed, with four analysts suggesting a sell, nine at hold, and four recommending a buy, yielding an average rating of “Hold” and a consensus price target of $45.50.

About Campbell Soup Company

The Campbell Soup Company manufactures and markets a diverse array of food and beverage products in the U.S. as well as internationally. Its operations are divided into two main segments: Meals & Beverages, and Snacks. The Meals & Beverages segment focuses on retail and foodservice across the United States and Canada.

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