Brokerages Set The J. M. Smucker Company (NYSE:SJM) Price Target at $125.53

Shares of The J. M. Smucker Company (NYSE:SJM) have earned an average recommendation of “Moderate Buy” from the eighteen research firms that are covering the stock, MarketBeat reports. Eight research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $136.25.

SJM has been the subject of several research reports. HC Wainwright set a $123.00 price target on J. M. Smucker in a research note on Wednesday, August 19th. Royal Bank Of Canada increased their price objective on shares of J. M. Smucker from $135.00 to $150.00 and gave the company an “outperform” rating in a research note on Tuesday. TD Cowen lifted their target price on shares of J. M. Smucker from $123.00 to $136.00 and gave the stock a “hold” rating in a research report on Thursday. Wall Street Zen raised shares of J. M. Smucker from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Finally, Bank of America increased their price target 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.

J. M. Smucker Stock Up 0.8%

Shares of NYSE:SJM opened at $131.92 on Tuesday. The company has a market cap of $14.07 billion, a price-to-earnings ratio of 61.64, a PEG ratio of 1.75 and a beta of 0.25. The firm’s 50-day simple moving average is $117.28 and its 200-day simple moving average is $107.97. The company has a quick ratio of 0.33, a current ratio of 0.87 and a debt-to-equity ratio of 1.11. J. M. Smucker has a fifty-two week low of $88.25 and a fifty-two week high of $135.89.

J. M. Smucker (NYSE:SJM) last posted its quarterly earnings results on Wednesday, August 26th. The company reported $3.24 EPS for the quarter, beating the consensus estimate of $2.22 by $1.02. The business had revenue of $2.22 billion during the quarter, compared to analysts’ expectations of $2.13 billion. J. M. Smucker had a return on equity of 19.85% and a net margin of 2.51%.The company’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same period last year, the firm earned $1.90 EPS. J. M. Smucker has set its FY 2027 guidance at 10.500-11.000 EPS. As a group, equities research analysts predict that J. M. Smucker will post 10.1 earnings per share for the current year.

J. M. Smucker Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Friday, August 14th will be issued a $1.12 dividend. This is a boost from J. M. Smucker’s previous quarterly dividend of $1.10. The ex-dividend date is Friday, August 14th. This represents a $4.48 annualized dividend and a yield of 3.4%. J. M. Smucker’s payout ratio is presently -344.62%.

Insider Buying and Selling

In related news, insider Jeannette L. Knudsen sold 5,550 shares of J. M. Smucker stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $116.29, for a total value of $645,409.50. Following the transaction, the insider owned 16,039 shares in the company, valued at approximately $1,865,175.31. This trade represents a 25.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed 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 completion of the transaction, the chief financial officer directly owned 38,699 shares in the company, valued at $4,297,523.95. This represents a 8.58% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 18,533 shares of company stock worth $2,132,914. 2.80% of the stock is owned by company insiders.

Institutional Investors Weigh In On J. M. Smucker

Hedge funds have recently modified their holdings of the stock. Archer Investment Corp acquired a new position in J. M. Smucker in the 2nd quarter worth $25,000. Garton & Associates Financial Advisors LLC acquired a new stake in shares of J. M. Smucker during the fourth quarter valued at about $25,000. CYBER HORNET ETFs LLC purchased a new stake in shares of J. M. Smucker during the second quarter worth about $27,000. Fideuram Asset Management Ireland dac purchased a new stake in shares of J. M. Smucker during the fourth quarter worth about $32,000. Finally, MCF Advisors LLC lifted its stake in shares of J. M. Smucker by 68.1% in the fourth quarter. MCF Advisors LLC now owns 311 shares of the company’s stock worth $30,000 after acquiring an additional 126 shares in the last quarter. 81.66% of the stock is currently owned by hedge funds and other institutional investors.

J. M. Smucker News Summary

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

• Positive Sentiment: Quarterly results exceeded expectations. Adjusted EPS was $3.24 versus the $2.22 analyst consensus, while sales rose 5% year over year to approximately $2.22 billion, ahead of the $2.13 billion estimate. J.M. Smucker fiscal 2027 first-quarter results
• Positive Sentiment: Coffee and key brands drove momentum. U.S. Retail Coffee sales increased 13% to $807.8 million, helped by higher pricing and steady demand. Frozen handheld and spreads sales, including Uncrustables, rose 3%. J.M. Smucker forecasts smaller sales decline
• 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. Adjusted EPS guidance increased to $10.50-$11.00, above the roughly $10.03 consensus, and projected free cash flow rose to about $1.1 billion. J.M. Smucker lifts fiscal 2027 outlook
• Positive Sentiment: Analysts increased their expectations. TD Cowen raised its price target from $123 to $136 while maintaining a Hold rating. Other analysts also lifted targets following the earnings beat, supporting the view that Smucker’s turnaround is progressing.
• Neutral Sentiment: The quarter benefited from approximately $115 million in tariff refunds, so investors may question how much of the 71% adjusted-EPS growth is repeatable. However, operating cash flow and free cash flow also improved substantially.
• Negative Sentiment: Coffee affordability remains a risk. Smucker has not reduced coffee prices and is relying on promotions instead, which could pressure margins or demand if elevated prices persist. The stock is also approaching technical resistance near its 52-week high, potentially limiting near-term upside.

J. M. Smucker Company Profile

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.