J. M. Smucker (NYSE:SJM) CFO Tucker Marshall Sells 11,139 Shares

The J. M. Smucker Company (NYSE:SJM) CFO Tucker Marshall sold 11,139 shares of the company’s stock in a transaction that occurred on 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 transaction, the chief financial officer owned 33,864 shares in the company, valued at $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 is available through this link.

J. M. Smucker Price Performance

Shares of SJM stock opened at $108.53 on Thursday. The J. M. Smucker Company has a 1 year low of $93.30 and a 1 year high of $125.42. The firm’s 50 day moving average is $109.64 and its 200-day moving average is $109.52. The firm has a market capitalization of $11.58 billion, a price-to-earnings ratio of -7.92, a PEG ratio of 7.49 and a beta of 0.25. The company has a current ratio of 0.81, a quick ratio of 0.34 and a debt-to-equity ratio of 1.19.

J. M. Smucker (NYSE:SJM) last posted its quarterly earnings data on Wednesday, August 27th. The company reported $1.90 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.95 by ($0.05). J. M. Smucker had a positive return on equity of 15.41% and a negative net margin of 16.75%.The firm had revenue of $2.11 billion for the quarter, compared to analyst estimates of $2.09 billion. During the same period in the prior year, the company posted $2.44 EPS. The firm’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. Sell-side analysts forecast that The J. M. Smucker Company will post 9.88 EPS for the current fiscal year.

J. M. Smucker Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Friday, August 15th were paid a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a dividend yield of 4.1%. This is a boost from J. M. Smucker’s previous quarterly dividend of $1.08. The ex-dividend date of this dividend was Friday, August 15th. J. M. Smucker’s payout ratio is currently -32.09%.

Institutional Trading of J. M. Smucker

Several hedge funds have recently bought and sold shares of SJM. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of J. M. Smucker by 5.3% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 815,412 shares of the company’s stock worth $96,553,000 after acquiring an additional 41,249 shares during the period. Merit Financial Group LLC acquired a new position in J. M. Smucker during the first quarter worth $203,000. Integrated Wealth Concepts LLC increased its stake in shares of J. M. Smucker by 283.2% during the 1st quarter. Integrated Wealth Concepts LLC now owns 7,481 shares of the company’s stock worth $886,000 after purchasing an additional 5,529 shares during the last quarter. Swedbank AB increased its position in J. M. Smucker by 7.9% during the second quarter. Swedbank AB now owns 147,812 shares of the company’s stock worth $14,515,000 after buying an additional 10,813 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its holdings in shares of J. M. Smucker by 113.5% during the 1st quarter. Farther Finance Advisors LLC now owns 2,923 shares of the company’s stock worth $346,000 after acquiring an additional 1,554 shares during the last quarter. 81.66% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on SJM. Argus downgraded shares of J. M. Smucker from a “buy” rating to a “hold” rating in a research report on Friday, September 12th. Zacks Research upgraded shares of J. M. Smucker to a “hold” rating in a report on Monday, August 11th. Barclays restated an “equal weight” rating and issued a $105.00 price objective on shares of J. M. Smucker in a report on Friday, August 29th. BNP Paribas raised J. M. Smucker from a “strong sell” rating to a “strong-buy” rating in a research note on Wednesday, July 9th. Finally, Citigroup cut their price target on J. M. Smucker from $128.00 to $118.00 and set a “buy” rating on the stock in a research note on Wednesday, June 11th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, J. M. Smucker currently has an average rating of “Moderate Buy” and a consensus price target of $118.00.

About J. M. Smucker

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.