Campbell's slides after weak fiscal 2027 outlook and dividend reset

The Campbell's Company (CPB) is down 8.9% today. Here is some analysis on what might have caused this price movement.

Analysis: The selloff appears tied to a disappointing fiscal 2027 outlook, a sharp dividend reduction, and another quarter of weak profitability. Investors also seem to be reacting to continued softness in snacks demand, inflation pressure, and balance-sheet repair measures that signal management expects a tougher year ahead.

Details:

The company reported fourth-quarter net sales of $2.1 billion, down 8%, while adjusted earnings per share fell 37% to $0.39.

Management guided for fiscal 2027 net sales to decline 2% to 4% and adjusted EPS to land between $1.65 and $1.80, implying another year of pressure.

The board reset the quarterly dividend to $0.25 per share from $0.39 to speed up debt reduction, a move that likely hurt sentiment among income-focused shareholders.

Results were also weighed down by inflation, tariff-related supply-chain costs, weak volume and mix, and a sizable impairment tied to the Cape Cod and Kettle Brand trademarks.

Sources:

SEC, The Campbell's Company, Yahoo Finance

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$CPB Insider Trading Activity

$CPB insiders have traded $CPB stock on the open market 3 times in the past 6 months. Of those trades, 3 have been purchases and 0 have been sales.

Here’s a breakdown of recent trading of $CPB stock by insiders over the last 6 months:

BENNETT JR DORRANCE has made 3 purchases buying 300 shares for an estimated $6,435 and 0 sales.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

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$CPB Hedge Fund Activity

We have seen 381 institutional investors add shares of $CPB stock to their portfolio, and 334 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

INVESCO LTD. removed 12,361,979 shares (-91.6%) from their portfolio in Q2 2026, for an estimated $275,301,272
BLACKROCK, INC. added 12,112,696 shares (+70.8%) to their portfolio in Q2 2026, for an estimated $269,749,739
BEUTEL, GOODMAN & CO LTD. removed 6,267,644 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $139,580,431
BRANDES INVESTMENT PARTNERS, LP added 6,167,736 shares (+3688.5%) to their portfolio in Q2 2026, for an estimated $137,355,480
STATE STREET CORP removed 4,727,101 shares (-37.8%) from their portfolio in Q2 2026, for an estimated $105,272,539
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP removed 3,054,427 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $68,022,089
GOLDMAN SACHS GROUP INC added 2,939,907 shares (+146.8%) to their portfolio in Q2 2026, for an estimated $65,471,728

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$CPB Government Contracts

We have seen $7,054,894 of award payments to $CPB over the last year.

Here are some of the awards which we have have seen pay out the most over the last year:

COMMODITIES FOR USG FOOD DONATIONS: 2000011055/4100033322/SOUP VEGETABLE CAN-24/1: $1,006,434
COMMODITIES FOR USG FOOD DONATIONS: 2000010947/4100033328/SOUP CREAM OF CHICKEN CAN-24/1: $540,342

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.

$CPB Congressional Stock Trading

Members of Congress have traded $CPB stock 2 times in the past 6 months. Of those trades, 2 have been purchases and 0 have been sales.

Here’s a breakdown of recent trading of $CPB stock by members of Congress over the last 6 months:

REPRESENTATIVE GILBERT RAY CISNEROS, JR. purchased up to $15,000 on 05/15.
SENATOR ALAN ARMSTRONG purchased up to $15,000 on 03/27.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$CPB Analyst Ratings

Wall Street analysts have issued reports on $CPB in the last several months. We have seen 0 firms issue buy ratings on the stock, and 1 firms issue sell ratings.

Here are some recent analyst ratings:

B of A Securities issued a "Underperform" rating on 06/09/2026

To track analyst ratings and price targets for $CPB, check out Quiver Quantitative's $CPB forecast page.

$CPB Price Targets

Multiple analysts have issued price targets for $CPB recently. We have seen 14 analysts offer price targets for $CPB in the last 6 months, with a median target of $20.0.

Here are some recent targets:

Peter Galbo from B of A Securities set a target price of $18.0 on 06/09/2026
Peter Grom from UBS set a target price of $17.0 on 06/09/2026
Nik Modi from RBC Capital set a target price of $21.0 on 06/09/2026
Andrew Lazar from Barclays set a target price of $19.0 on 06/08/2026
Megan Alexander from Morgan Stanley set a target price of $21.0 on 06/05/2026
Alexia Howard from Bernstein set a target price of $19.0 on 06/03/2026
Jim Salera from Stephens & Co. set a target price of $21.0 on 06/01/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.