Campbells Trading Volume Surges 79.73% to $199 Million, Ranks 416th in Daily Turnover
On May 23, 2025, Campbell'sCPB-- (CPB) saw a significant increase in trading volume, with a turnover of $199 million, marking a 79.73% rise from the previous day. This surge placed Campbell's at the 416th position in the day's trading rankings. However, the stock price experienced a decline of 1.79%, marking the third consecutive day of losses, with a total decrease of 6.14% over the past three days.
Bank of America has revised its target price for Campbell's, lowering it from $41.00 to $37.00. This adjustment reflects a more cautious outlook on the company's future performance. Additionally, Sherbrooke Park Advisers LLC has maintained an "equal weight" rating for Campbell's, setting a target price of $40.00.
Ameriprise Financial Inc. has reduced its stake in Campbell's by 27.0% during the fourth quarter, selling 63,288 shares. The fund now holds 171,107 shares, valued at approximately $7.17 million. Several other institutional investors have also made adjustments to their positions in Campbell's, including Vanguard Group Inc., Van ECK Associates Corp, Beutel Goodman & Co Ltd., Geode Capital Management LLC, and Invesco Ltd.
Several brokerages have recently commented on Campbell's. UBS Group initiated coverage with a "sell" rating and a $36.00 target price. Morgan Stanley also began coverage with an "equal weight" rating and a $40.00 target price. JPMorgan Chase & Co. downgraded Campbell's from an "overweight" to a "neutral" rating, reducing the target price from $48.00 to $37.00. Citigroup lowered its target price from $37.00 to $33.00 and set a "sell" rating. Jefferies Financial Group reduced its target price from $42.00 to $40.00 and maintained a "hold" rating. The consensus rating among analysts is "Hold," with an average price target of $43.73.
Campbell's recently declared a quarterly dividend of $0.39 per share, payable on August 4th. This represents an annualized dividend of $1.56 and a dividend yield of 4.57%. The company's dividend payout ratio is currently 90.17%. Additionally, EVP Charles A. Brawley III sold 2,498 shares of the company's stock on March 31st, reducing his position by 6.23%. The transaction was valued at approximately $99,994.94.


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