The Campbell's (CPB) Insider Kurt Schmidt Buys 3,107 Shares
Insider Kurt Schmidt bought shares in The Campbell's Company, reflecting confidence in the firm's performance.
Reviewed by automated data checks against the source filing. How we make and check alerts
Kurt Schmidt bought 3,107 shares of The Campbell's Company ($CPB) on June 29, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $CPB is up 0.1% after 1 week, up 1.5% after 1 month and down 11.1% to date (from the $22.34 close on Jun 29, 2026).
CPB
The Campbell's Company
Key Points
- Kurt Schmidt purchased 3,107 shares of The Campbell's Company on June 29, 2026, at a market price of $23.22 each.
- The Campbell's Company is currently trading below its 52-week high of $34.17 and has a market cap of about $5.94 billion.
- Analysts have a consensus rating of 'hold' for Campbell's Company, with a mean price target of $20.79.
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Insider Buying and Selling at The Campbell's Company
Kurt Schmidt bought 3,107 shares of The Campbell's Company (CPB) on June 29, 2026, at a price of $23.22 each. This transaction adds to a wave of insider activity on the same day, which included purchases from other insiders.
More Insider Purchases on June 29
On the same day, several other insiders also made notable purchases. Howard Averill bought 1,977 shares, Archbold Vanbeuren added 1,964 shares, and Maria Teresa Hilado purchased 1,964 shares. Additionally, Mary Alice Dorrance JR bought 1,814 shares. This collective insider buying could suggest a strong belief in the company's future prospects.
Stock Performance and Recent Trends
The Campbell's Company stock is currently trading around $23.22, positioning it below its 52-week high of $34.17 and just above its 52-week low of $19.56. The stock has been experiencing fluctuations as it navigates a tough market environment. Investors will be looking at the upcoming earnings report on December 9, 2026, to gauge the company's performance.
Recent Earnings and Financials
The Campbell's Company reported revenue of approximately $9.74 billion with a revenue growth of -7.9%. The net margin stood at 4.08%, and it has a P/E ratio of 15.21. These figures indicate some challenges, but the consistent insider buying might signal a belief in a potential turnaround.
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.
Analysts Set New Price Targets
Several firms have recently maintained their ratings on the stock. On September 14, 2026, Evercore ISI Group maintained an 'In-Line' rating with a target price of $21.00. DA Davidson has a 'Neutral' rating with a target of $20.00, while RBC Capital continues with a 'Sector Perform' rating at $19.00. The consensus rating for Campbell's Company is 'hold' with a mean price target of $20.79.
What The Campbell's Company Does
The Campbell's Company, based in Camden, New Jersey, manufactures a wide range of food and beverage products. Its offerings include soups, snacks, and other packaged foods, sold across various retail channels. The recent insider purchases suggest that executives believe the company's direction may lead to improved performance in the near future.
What to Watch
As the company approaches its earnings report on December 9, investors will want to monitor any changes in analyst ratings and further insider activity. The recent wave of insider buying could indicate that those closest to the company are optimistic about future developments, despite current revenue challenges.
Related Filing Alerts
Source: Kurt Schmidt's Form 4 filing on $CPB (Jun 29, 2026). Find the original filing: CPB Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts