JPMorgan Chase & Co. Increases Stake in Campbell's Company

The investment firm raised its position in the food manufacturer by over 50% in the third quarter.

Mar. 21, 2026 at 10:06am

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JPMorgan Chase & Co. increased its stake in The Campbell's Company (NASDAQ:CPB) by 51.5% during the third quarter, according to a recent filing with the Securities & Exchange Commission. The fund now owns approximately 1.55 million shares of the company's stock, valued at $48.9 million, representing around 0.52% ownership of Campbell's.

Why it matters

This investment move by one of the largest financial institutions in the world signals confidence in Campbell's future prospects, despite the company facing some recent headwinds like declining sales and a lower stock price. The increased stake could provide a boost to Campbell's share price and indicate that JPMorgan sees long-term value in the iconic food brand.

The details

According to the filing, JPMorgan Chase & Co. acquired an additional 526,276 shares of Campbell's during the third quarter, bringing its total position to 1,547,831 shares. This represents a 51.5% increase in the firm's stake in the company. Campbell's has faced challenges in recent years, with its stock price falling from a 52-week high of $40.59 to around $21 currently.

  • JPMorgan Chase & Co. increased its stake in Campbell's during the third quarter of 2026.
  • Campbell's stock price has fallen from a 52-week high of $40.59 to around $21 currently.

The players

JPMorgan Chase & Co.

A major American multinational investment bank and financial services company.

The Campbell's Company

A leading manufacturer of shelf-stable foods and beverages, best known for its iconic soups and broths.

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What they’re saying

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The takeaway

JPMorgan's increased stake in Campbell's suggests the investment firm sees long-term value in the iconic food brand, despite its recent challenges. This move could provide a boost to Campbell's share price and indicates confidence in the company's future prospects.