Campbell Soup’s shares sold by Bank of Nova Scotia

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The company’s shares are traded on the New York Stock Exchange. Bank of Nova Scotia has sold 3372 shares of Campbell Soup ($NYSE:CPB). The sale was made on the open market, and the proceeds will be used for general corporate purposes.

Share Price

CAMPBELL SOUP stock opened at $50.8 and closed at $51.6, up by 2.1% from its last closing price of 50.5.

VI Analysis

The company’s fundamentals reflect its long term potential. The company is strong in dividend, profitability, and weak in asset, growth. The company is classified as ‘cow’, a type of company that has the track record of paying out consistent and sustainable dividends.

The VI Star Chart shows that the company has a high health score of 8/10 considering its cashflows and debt, is capable to pay off debt and fund future operations. The company is of interest to investors who are looking for consistent and sustainable dividend payments.

VI Peers

Campbell Soup Co, JM Smucker Co, Mondelez International Inc, and Conagra Brands Inc are all food companies that compete for market share.

– JM Smucker Co ($NYSE:SJM)

The J. M. Smucker Company has a market capitalization of 15.03 billion as of 2022 and a return on equity of 7.19%. The company manufactures and markets food and beverage products, including coffee, peanut butter, shortening and oils, frozen food, pet food, and snacks. The company was founded in 1897 and is headquartered in Orrville, Ohio.

– Mondelez International Inc ($NASDAQ:MDLZ)

Mondelez International Inc is a food and beverage company with a market cap of 78B as of 2022. The company has a Return on Equity of 12.54%. Mondelez International Inc is a food and beverage company that manufactures and markets snack food and beverage products. The company’s products include cookies, crackers, biscuits, chocolate, gum, candy, coffee, and cheese. Mondelez International Inc operates in more than 160 countries and employs approximately 107,000 people.

– Conagra Brands Inc ($NYSE:CAG)

Conagra Brands Inc is a packaged foods company with a focus on branded foods and foodservice businesses. The company’s products are distributed through grocery, mass merchandiser, club, convenience, drug, and dollar stores. Conagra Brands Inc has a market cap of 16.47B as of 2022, a Return on Equity of 7.38%. The company’s products are distributed through grocery, mass merchandiser, club, convenience, drug, and dollar stores. Conagra Brands Inc is a publicly traded company listed on the New York Stock Exchange under the ticker symbol CAG.

Summary

CAMPBELL SOUP is a world-renowned company that manufactures and sells soup, snacks, and beverages. CAMPBELL SOUP has a diversified portfolio of products, which helps to insulate it from economic fluctuations. The company’s brands include Campbell’s, Pepperidge Farm, V8, Swanson, Prego, and Pace.

The company’s shares have outperformed the market over the long term, and its shares currently trade at a reasonable valuation. I believe it is a compelling investment at current levels.