The J. M. Smucker Company (NYSE:SJM) Receives Consensus Rating of “Hold” from Analysts

The J. M. Smucker Company (NYSE:SJM) has earned an average recommendation of “Hold” from the eighteen analysts that are presently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, nine have assigned a hold recommendation, seven have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price target among brokers that have covered the stock in the last year is $116.7857.

SJM has been the topic of several research reports. Morgan Stanley reduced their price target on shares of J. M. Smucker from $118.00 to $115.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 26th. UBS Group reduced their target price on shares of J. M. Smucker from $120.00 to $117.00 and set a “buy” rating on the stock in a research report on Wednesday, November 26th. Bank of America dropped their price objective on shares of J. M. Smucker from $120.00 to $118.00 and set a “neutral” rating for the company in a research report on Thursday, August 28th. Stifel Nicolaus dropped their target price on J. M. Smucker from $115.00 to $110.00 and set a “hold” rating for the company in a research report on Wednesday, November 26th. Finally, Cfra Research upgraded J. M. Smucker from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, August 27th.

Insiders Place Their Bets

In related news, CFO Tucker H. Marshall sold 11,139 shares of the 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 completion of the sale, the chief financial officer directly owned 33,864 shares of the company’s stock, valued at approximately $3,661,037.04. This represents a 24.75% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 2.24% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Cullen Frost Bankers Inc. raised its stake in J. M. Smucker by 2.6% in the second quarter. Cullen Frost Bankers Inc. now owns 3,872 shares of the company’s stock valued at $380,000 after buying an additional 97 shares during the period. Tortoise Investment Management LLC increased its holdings in shares of J. M. Smucker by 87.0% during the 1st quarter. Tortoise Investment Management LLC now owns 215 shares of the company’s stock worth $25,000 after acquiring an additional 100 shares during the last quarter. Wesbanco Bank Inc. raised its stake in J. M. Smucker by 2.9% in the 3rd quarter. Wesbanco Bank Inc. now owns 3,615 shares of the company’s stock valued at $393,000 after acquiring an additional 102 shares during the period. Wedbush Securities Inc. raised its stake in J. M. Smucker by 1.2% in the 3rd quarter. Wedbush Securities Inc. now owns 8,861 shares of the company’s stock valued at $962,000 after acquiring an additional 106 shares during the period. Finally, IFP Advisors Inc lifted its holdings in J. M. Smucker by 22.9% during the 3rd quarter. IFP Advisors Inc now owns 586 shares of the company’s stock valued at $64,000 after purchasing an additional 109 shares during the last quarter. 81.66% of the stock is currently owned by institutional investors and hedge funds.

J. M. Smucker Trading Up 0.8%

Shares of J. M. Smucker stock opened at $100.46 on Thursday. J. M. Smucker has a 12-month low of $93.30 and a 12-month high of $121.48. The stock has a market capitalization of $10.72 billion, a P/E ratio of -8.95, a price-to-earnings-growth ratio of 6.78 and a beta of 0.22. The company has a 50-day simple moving average of $103.64 and a 200 day simple moving average of $105.63. The company has a quick ratio of 0.37, a current ratio of 0.89 and a debt-to-equity ratio of 1.16.

J. M. Smucker (NYSE:SJM) last posted its quarterly earnings data on Tuesday, November 25th. The company reported $2.10 earnings per share for the quarter, missing the consensus estimate of $2.12 by ($0.02). The firm had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.32 billion. J. M. Smucker had a positive return on equity of 15.26% and a negative net margin of 13.61%.The business’s quarterly revenue was up 2.6% on a year-over-year basis. During the same period in the previous year, the business posted $2.76 EPS. J. M. Smucker has set its FY 2026 guidance at 8.750-9.250 EPS. Research analysts expect that J. M. Smucker will post 9.88 earnings per share for the current fiscal year.

J. M. Smucker Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 1st. Investors of record on Friday, November 14th were given a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date was Friday, November 14th. J. M. Smucker’s dividend payout ratio (DPR) is currently -39.22%.

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.