The J. M. Smucker Company (NYSE:SJM) Receives Consensus Rating of “Moderate Buy” from Analysts

The J. M. Smucker Company (NYSE:SJM) has been given an average rating of “Moderate Buy” by the seventeen ratings firms that are covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, seven have given a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $118.00.

SJM has been the topic of a number of recent research reports. Barclays reiterated an “equal weight” rating and set a $105.00 price target on shares of J. M. Smucker in a research note on Friday, August 29th. UBS Group cut their price target on shares of J. M. Smucker from $130.00 to $121.00 and set a “buy” rating on the stock in a research note on Thursday, August 28th. BNP Paribas Exane raised J. M. Smucker from an “underperform” rating to an “outperform” rating and set a $120.00 price objective for the company in a research report on Wednesday, July 9th. Morgan Stanley boosted their price objective on J. M. Smucker from $115.00 to $118.00 and gave the stock an “overweight” rating in a research report on Monday, August 18th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of J. M. Smucker in a research report on Wednesday.

J. M. Smucker Stock Down 2.0%

Shares of NYSE:SJM opened at $105.99 on Friday. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.81 and a quick ratio of 0.34. The firm has a market capitalization of $11.31 billion, a PE ratio of -7.73, a price-to-earnings-growth ratio of 7.46 and a beta of 0.25. The firm’s 50-day moving average is $109.44 and its two-hundred day moving average is $109.42. J. M. Smucker has a 1 year low of $93.30 and a 1 year high of $125.42.

J. M. Smucker (NYSE:SJM) last issued its quarterly earnings results on Wednesday, August 27th. The company reported $1.90 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.95 by ($0.05). The business had revenue of $2.11 billion for the quarter, compared to analysts’ expectations of $2.09 billion. J. M. Smucker had a positive return on equity of 15.41% and a negative net margin of 16.75%.The firm’s revenue for the quarter was down .6% on a year-over-year basis. During the same quarter last year, the company earned $2.44 earnings per share. J. M. Smucker has set its FY 2026 guidance at 8.500-9.500 EPS. Analysts predict that J. M. Smucker will post 9.88 EPS for the current year.

J. M. Smucker Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Friday, August 15th were given a dividend of $1.10 per share. This is a boost from J. M. Smucker’s previous quarterly dividend of $1.08. This represents a $4.40 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Friday, August 15th. J. M. Smucker’s dividend payout ratio is presently -32.09%.

Insider Activity at J. M. Smucker

In other news, CFO Tucker H. Marshall sold 11,139 shares of the business’s stock in a transaction dated Tuesday, September 30th. The stock was sold at an average price of $108.11, for a total transaction of $1,204,237.29. Following the completion of the transaction, the chief financial officer directly owned 33,864 shares of the company’s stock, valued at approximately $3,661,037.04. The trade was a 24.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 2.24% of the company’s stock.

Hedge Funds Weigh In On J. M. Smucker

A number of institutional investors and hedge funds have recently made changes to their positions in SJM. Tortoise Investment Management LLC grew its position in shares of J. M. Smucker by 87.0% during the first quarter. Tortoise Investment Management LLC now owns 215 shares of the company’s stock worth $25,000 after buying an additional 100 shares in the last quarter. Nova Wealth Management Inc. acquired a new position in J. M. Smucker in the second quarter valued at approximately $25,000. AlphaQuest LLC acquired a new position in J. M. Smucker in the second quarter valued at approximately $26,000. Bank of Jackson Hole Trust boosted its holdings in J. M. Smucker by 104.5% in the second quarter. Bank of Jackson Hole Trust now owns 274 shares of the company’s stock valued at $27,000 after purchasing an additional 140 shares in the last quarter. Finally, CYBER HORNET ETFs LLC acquired a new position in J. M. Smucker in the second quarter valued at approximately $27,000. 81.66% of the stock is owned by institutional investors and hedge funds.

J. M. Smucker Company Profile

The J. M. Smucker Company manufactures and markets branded food and beverage products worldwide. It operates in three segments: U.S. Retail Pet Foods, U.S. Retail Coffee, and U.S. Retail Consumer Foods. The company offers mainstream roast, ground, single serve, and premium coffee; peanut butter and specialty spreads; fruit spreads, toppings, and syrups; jelly products; nut mix products; shortening and oils; frozen sandwiches and snacks; pet food and pet snacks; and foodservice hot beverage, foodservice portion control, and flour products, as well as dog and cat food, frozen handheld products, juices and beverages, and baking mixes and ingredients.