J. M. Smucker (NYSE:SJM) Price Target Raised to $136.00 at TD Cowen

J. M. Smucker (NYSE:SJM) had its price target raised by TD Cowen from $123.00 to $136.00 in a research report issued on Thursday,Benzinga reports. The firm presently has a “hold” rating on the stock. TD Cowen’s price target indicates a potential upside of 2.10% from the stock’s previous close.

Other equities research analysts have also issued reports about the company. Royal Bank Of Canada increased their price target on J. M. Smucker from $135.00 to $150.00 and gave the stock an “outperform” rating in a research report on Tuesday. Wall Street Zen raised J. M. Smucker from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Bank of America raised their price objective on shares of J. M. Smucker from $130.00 to $132.00 and gave the company a “buy” rating in a research report on Wednesday, June 10th. Stifel Nicolaus set a $132.00 price target on shares of J. M. Smucker in a research note on Thursday. Finally, Morgan Stanley boosted their price objective on shares of J. M. Smucker from $106.00 to $110.00 and gave the stock an “equal weight” rating in a research report on Wednesday, June 10th. Ten investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $134.82.

J. M. Smucker Price Performance

J. M. Smucker stock traded up $2.30 during mid-day trading on Thursday, hitting $133.20. 495,870 shares of the company were exchanged, compared to its average volume of 1,813,902. The company has a market capitalization of $14.21 billion, a PE ratio of -102.36, a price-to-earnings-growth ratio of 1.70 and a beta of 0.25. The business has a fifty day moving average of $116.86 and a 200 day moving average of $107.81. J. M. Smucker has a 1-year low of $88.25 and a 1-year high of $134.85. The company has a quick ratio of 0.33, a current ratio of 0.78 and a debt-to-equity ratio of 1.15.

J. M. Smucker (NYSE:SJM) last posted its earnings results on Wednesday, August 26th. The company reported $3.24 earnings per share for the quarter, topping the consensus estimate of $2.22 by $1.02. J. M. Smucker had a negative net margin of 1.53% and a positive return on equity of 17.18%. The business had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.13 billion. During the same quarter in the prior year, the firm earned $1.90 EPS. The firm’s quarterly revenue was up 5.0% compared to the same quarter last year. J. M. Smucker has set its FY 2027 guidance at 10.500-11.000 EPS. As a group, sell-side analysts expect that J. M. Smucker will post 9.98 earnings per share for the current year.

Insider Activity at J. M. Smucker

In other J. M. Smucker news, insider Jeannette L. Knudsen sold 4,353 shares of the business’s stock in a transaction dated Friday, June 26th. The stock was sold at an average price of $115.08, for a total value of $500,943.24. Following the completion of the transaction, the insider directly owned 16,835 shares of the company’s stock, valued at approximately $1,937,371.80. The trade was a 20.54% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Tucker H. Marshall sold 3,630 shares of J. M. Smucker stock in a transaction dated Wednesday, June 24th. The shares were sold at an average price of $111.05, for a total value of $403,111.50. Following the transaction, the chief financial officer owned 38,699 shares in the company, valued at $4,297,523.95. This trade represents a 8.58% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 18,533 shares of company stock worth $2,132,914 in the last ninety days. Company insiders own 2.80% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Archer Investment Corp bought a new stake in shares of J. M. Smucker during the second quarter worth $25,000. Garton & Associates Financial Advisors LLC acquired a new stake in shares of J. M. Smucker in the 4th quarter valued at about $25,000. CYBER HORNET ETFs LLC bought a new stake in shares of J. M. Smucker in the second quarter valued at about $27,000. MCF Advisors LLC grew its holdings in shares of J. M. Smucker by 68.1% during the fourth quarter. MCF Advisors LLC now owns 311 shares of the company’s stock worth $30,000 after buying an additional 126 shares in the last quarter. Finally, MUFG Securities EMEA plc acquired a new stake in J. M. Smucker in the 2nd quarter valued at approximately $31,000. Institutional investors and hedge funds own 81.66% of the company’s stock.

Key Headlines Impacting J. M. Smucker

Here are the key news stories impacting J. M. Smucker this week:

• Positive Sentiment: Quarterly earnings significantly exceeded expectations. Adjusted EPS was $3.24 versus the approximately $2.22 analyst consensus, while sales rose 5% year over year to about $2.22 billion, ahead of estimates. J.M. Smucker’s Rally Nears a Key Test: Is a Full Recovery Ahead?
• Positive Sentiment: Coffee and branded foods drove growth. U.S. Retail Coffee sales increased 13%, supported by higher pricing and steady demand, while Frozen Handheld and Spreads sales grew 3%. Uncrustables and brand investments also contributed to momentum. SJM Q1 Earnings Beat Estimates on Strong Coffee Sales and Pricing
• Positive Sentiment: Management raised its fiscal 2027 outlook. The company now expects sales to decline only 1% to 2%, compared with its previous 3% to 4% forecast, and projects adjusted EPS of $10.50 to $11.00 and approximately $1.1 billion in free cash flow. J.M. Smucker forecasts smaller-than-expected annual sales decline
• Positive Sentiment: Improved profitability, stronger cash generation, dividend appeal and reported institutional buying have supported the turnaround narrative, while some analysts lifted price targets. Why J.M. Smucker Stock Is Up Today
• Neutral Sentiment: The quarter included roughly $115 million in tariff refunds, which boosted reported adjusted EPS. Excluding that benefit, underlying growth was still improved but less dramatic, so investors will watch whether gains persist without one-time assistance. J.M. Smucker’s Adjusted EPS Jumped 71%
• Negative Sentiment: Smucker has not yet reduced coffee prices and is relying on promotions instead, which could pressure consumer demand or margins if elevated coffee costs persist. Insider activity has also been weighted toward selling, and several large institutions reduced holdings. No Coffee Price Cut Yet: J.M. Smucker Turns to Promotions Instead

About J. M. Smucker

The J. M. Smucker Company is a diversified food and beverage manufacturer and marketer known for a portfolio of well-established consumer brands. The company’s main business activities include the production and distribution of fruit spreads, peanut butter, coffee and coffee filters, as well as pet food and pet snacks. Smucker’s core product lines serve both retail and foodservice customers through grocery chains, mass merchandisers, club stores, convenience outlets and e-commerce channels.

Among its leading brands are Smucker’s® fruit spreads, Jif® peanut butter, Folgers® and Dunkin’® coffees, and Café Bustelo® coffee.