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JPMorgan boosted its Campbell’s stake by 51.5% in Q3, while the company beat earnings estimates, lowered revenue, and projected 2026 EPS.
JPMorgan Chase increased its stake in Campbell’s to 1.55 million shares, worth $48.88 million, a 51.5% rise in the third quarter.
The company reported third-quarter earnings of $0.77 per share, beating estimates, with revenue down 3.4% year-over-year.
Campbell’s forecasted 2026 full-year EPS of $2.40 to $2.55 and declared a quarterly dividend of $0.39, yielding 5.8%.
The stock has a consensus “Reduce” rating and a target price of $32.29.
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JPMorgan aumentó su participación en Campbell en 51.5% en el tercer trimestre, mientras que la compañía superó las estimaciones de ganancias, redujo los ingresos y proyectó 2026 EPS.