Traub Capital Management LLC Purchases New Holdings in The J. M. Smucker Company $SJM

Traub Capital Management LLC acquired a new position in shares of The J. M. Smucker Company (NYSE:SJM) during the second quarter, HoldingsChannel.com reports. The institutional investor acquired 2,948 shares of the company’s stock, valued at approximately $289,000.

A number of other institutional investors have also recently modified their holdings of SJM. Robeco Institutional Asset Management B.V. raised its stake in J. M. Smucker by 4,906.2% in the second quarter. Robeco Institutional Asset Management B.V. now owns 613,910 shares of the company’s stock valued at $60,286,000 after purchasing an additional 601,647 shares in the last quarter. Maverick Capital Ltd. acquired a new position in shares of J. M. Smucker in the 1st quarter valued at approximately $64,125,000. LSV Asset Management lifted its holdings in shares of J. M. Smucker by 48.4% during the 1st quarter. LSV Asset Management now owns 1,379,320 shares of the company’s stock worth $163,325,000 after acquiring an additional 449,920 shares during the period. Caisse DE Depot ET Placement DU Quebec acquired a new stake in shares of J. M. Smucker during the 1st quarter worth approximately $33,055,000. Finally, Dimensional Fund Advisors LP boosted its position in shares of J. M. Smucker by 12.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,257,127 shares of the company’s stock worth $267,252,000 after acquiring an additional 248,110 shares in the last quarter. 81.66% of the stock is currently owned by institutional investors.

J. M. Smucker Stock Performance

J. M. Smucker stock opened at $106.55 on Wednesday. The business has a 50 day moving average of $106.15 and a 200-day moving average of $107.19. The company has a market capitalization of $11.37 billion, a P/E ratio of -7.77, a P/E/G ratio of 6.97 and a beta of 0.24. The J. M. Smucker Company has a 1 year low of $93.30 and a 1 year high of $125.42. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.81 and a quick ratio of 0.34.

J. M. Smucker (NYSE:SJM) last announced its quarterly earnings results 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). The business had revenue of $2.11 billion during the quarter, compared to analyst estimates of $2.09 billion. J. M. Smucker had a negative net margin of 16.75% and a positive return on equity of 15.41%. The company’s revenue was down .6% compared to the same quarter last year. During the same quarter last year, the company posted $2.44 earnings per share. J. M. Smucker has set its FY 2026 guidance at 8.500-9.500 EPS. On average, equities research analysts predict that The J. M. Smucker Company will post 9.88 earnings per share for the current year.

J. M. Smucker Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 1st. Investors of record on Friday, November 14th will be given a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend is Friday, November 14th. J. M. Smucker’s dividend payout ratio (DPR) is currently -32.09%.

Insider Buying and Selling

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

Analyst Upgrades and Downgrades

Several research analysts have commented on SJM shares. 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. Zacks Research raised J. M. Smucker to a “hold” rating in a report on Monday, August 11th. Argus downgraded J. M. Smucker from a “buy” rating to a “hold” rating in a research report on Friday, September 12th. Barclays reaffirmed an “equal weight” rating and issued a $105.00 price objective on shares of J. M. Smucker in a research note on Friday, August 29th. Finally, Morgan Stanley boosted their target price on J. M. Smucker from $115.00 to $118.00 and gave the stock an “overweight” rating in a research note on Monday, August 18th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, J. M. Smucker presently has an average rating of “Moderate Buy” and a consensus price target of $118.38.

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.