BlackRock Updates Campbell Soup Stake in SC 13G/A Filing
Ticker: CPB · Form: SC 13G/A · Filed: Jan 29, 2024 · CIK: 16732
| Field | Detail |
|---|---|
| Company | Campbell Soup CO (CPB) |
| Form Type | SC 13G/A |
| Filed Date | Jan 29, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investing
TL;DR
**BlackRock just updated its Campbell Soup stock ownership, showing its stake as of year-end 2023.**
AI Summary
BlackRock Inc. filed an amended SC 13G/A on January 29, 2024, indicating its ownership of Campbell Soup Company's Common Stock as of December 31, 2023. This filing, Amendment No. 3, updates their previous disclosures regarding their stake in the food giant. This matters to investors because BlackRock is a major institutional investor, and changes in their holdings can signal their confidence (or lack thereof) in Campbell Soup's future performance.
Why It Matters
This filing shows BlackRock's continued significant, but passive, ownership in Campbell Soup, providing transparency on a major institutional investor's position.
Risk Assessment
Risk Level: low — This is a routine update from a large institutional investor and does not indicate any immediate significant risk or opportunity.
Analyst Insight
An investor should note BlackRock's continued passive stake in Campbell Soup, but this filing alone doesn't suggest a need for immediate action. It's a routine disclosure of a large institutional holding.
Key Players & Entities
- BlackRock Inc. (company) — the reporting person filing the SC 13G/A
- CAMPBELL SOUP CO (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 29, 2024 (date) — the filing date of the SC 13G/A
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, as indicated by 'FORM TYPE: SC 13G/A' and 'Amendment No: 3'.
Who is the reporting person in this filing?
The reporting person is BlackRock, Inc., as stated under '(1)Names of reporting persons. BlackRock, Inc.'.
What is the subject company whose securities are being reported?
The subject company is CAMPBELL SOUP COMPANY, as indicated by '(Name of Issuer) CAMPBELL SOUP COMPANY'.
What was the date of the event that required this filing?
The date of the event which required the filing of this statement was December 31, 2023, as specified on the cover page.
Under which rule is this Schedule 13G filed?
This Schedule is filed under Rule 13d-1(b), as indicated by the '[X] Rule 13d-1(b)' checkbox on the cover page.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 29, 2024 regarding CAMPBELL SOUP CO (CPB).