The J. M. Smucker Company $SJM Shares Acquired by apricus wealth LLC

apricus wealth LLC increased its position in shares of The J. M. Smucker Company (NYSE:SJM) by 1.1% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 28,600 shares of the company’s stock after purchasing an additional 318 shares during the quarter. apricus wealth LLC’s holdings in J. M. Smucker were worth $2,809,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Tortoise Investment Management LLC lifted its stake in J. M. Smucker by 87.0% during the 1st quarter. Tortoise Investment Management LLC now owns 215 shares of the company’s stock valued at $25,000 after acquiring an additional 100 shares during the period. Forum Financial Management LP lifted its position in J. M. Smucker by 3.9% during the first quarter. Forum Financial Management LP now owns 3,113 shares of the company’s stock valued at $369,000 after purchasing an additional 116 shares during the period. SouthState Corp boosted its holdings in J. M. Smucker by 6.4% in the first quarter. SouthState Corp now owns 1,976 shares of the company’s stock valued at $234,000 after purchasing an additional 118 shares during the last quarter. Sit Investment Associates Inc. grew its position in J. M. Smucker by 15.4% during the 1st quarter. Sit Investment Associates Inc. now owns 900 shares of the company’s stock worth $107,000 after purchasing an additional 120 shares during the period. Finally, Smithfield Trust Co raised its stake in shares of J. M. Smucker by 8.5% during the 1st quarter. Smithfield Trust Co now owns 1,615 shares of the company’s stock valued at $191,000 after buying an additional 126 shares during the last quarter. Institutional investors and hedge funds own 81.66% of the company’s stock.

J. M. Smucker Stock Up 0.1%

SJM stock opened at $105.37 on Tuesday. The J. M. Smucker Company has a 52 week low of $93.30 and a 52 week high of $125.42. The company has a quick ratio of 0.34, a current ratio of 0.81 and a debt-to-equity ratio of 1.19. The firm has a 50-day simple moving average of $108.54 and a 200-day simple moving average of $108.67. The stock has a market capitalization of $11.24 billion, a P/E ratio of -7.69, a P/E/G ratio of 7.26 and a beta of 0.25.

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

Analyst Ratings Changes

SJM has been the topic of a number of analyst reports. Wells Fargo & Company raised their price objective on shares of J. M. Smucker from $115.00 to $120.00 and gave the stock an “overweight” rating in a research note on Monday, August 18th. Bank of America dropped their price target on shares of J. M. Smucker from $120.00 to $118.00 and set a “neutral” rating on the stock in a research report on Thursday, August 28th. Cfra Research upgraded shares of J. M. Smucker from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, August 27th. Stifel Nicolaus increased their target price on shares of J. M. Smucker from $106.00 to $110.00 and gave the stock a “hold” rating in a research note on Tuesday, July 29th. Finally, Royal Bank Of Canada initiated coverage on J. M. Smucker in a research note on Monday, July 7th. They issued an “outperform” rating and a $130.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $118.00.

Insider Buying and Selling

In other J. M. Smucker news, CFO Tucker H. Marshall sold 11,139 shares of J. M. Smucker stock in a transaction on Tuesday, September 30th. The shares were sold at an average price of $108.11, for a total transaction of $1,204,237.29. Following the sale, the chief financial officer owned 33,864 shares of the company’s stock, valued at $3,661,037.04. The trade was a 24.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 2.24% of the company’s stock.

J. M. Smucker 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.