The J. M. Smucker Company $SJM Shares Purchased by Cwm LLC

Cwm LLC boosted its holdings in The J. M. Smucker Company (NYSE:SJM) by 7.1% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 258,741 shares of the company’s stock after buying an additional 17,169 shares during the period. Cwm LLC’s holdings in J. M. Smucker were worth $28,099,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of SJM. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of J. M. Smucker by 5.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 815,412 shares of the company’s stock valued at $96,553,000 after acquiring an additional 41,249 shares in the last quarter. Prudential Financial Inc. increased its holdings in J. M. Smucker by 29.5% in the 2nd quarter. Prudential Financial Inc. now owns 74,749 shares of the company’s stock valued at $7,340,000 after purchasing an additional 17,032 shares in the last quarter. Marshall Wace LLP purchased a new position in J. M. Smucker in the second quarter valued at about $36,434,000. Integrated Wealth Concepts LLC lifted its stake in shares of J. M. Smucker by 283.2% during the first 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 in the last quarter. Finally, Swedbank AB lifted its stake in shares of 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 purchasing an additional 10,813 shares in the last quarter. 81.66% of the stock is currently owned by hedge funds and other institutional investors.

J. M. Smucker Stock Up 0.5%

SJM stock opened at $99.73 on Friday. The company has a current ratio of 0.89, a quick ratio of 0.37 and a debt-to-equity ratio of 1.16. The firm has a 50 day simple moving average of $102.99 and a 200-day simple moving average of $105.06. The company has a market capitalization of $10.64 billion, a P/E ratio of -8.89, a PEG ratio of 6.74 and a beta of 0.22. The J. M. Smucker Company has a twelve month low of $93.30 and a twelve month high of $121.48.

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

J. M. Smucker Dividend Announcement

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

Wall Street Analyst Weigh In

Several equities analysts recently commented on SJM shares. Sanford C. Bernstein boosted their price target on J. M. Smucker from $110.00 to $113.00 and gave the stock a “market perform” rating in a research report on Wednesday, November 26th. Argus lowered shares of J. M. Smucker from a “buy” rating to a “hold” rating in a research note on Friday, September 12th. Barclays restated an “equal weight” rating and issued a $105.00 target price on shares of J. M. Smucker in a research note on Friday, August 29th. JPMorgan Chase & Co. lowered their price target on shares of J. M. Smucker from $122.00 to $121.00 and set an “overweight” rating for the company in a report on Wednesday, November 26th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of J. M. Smucker in a report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $116.79.

Insiders Place Their Bets

In other J. M. Smucker news, CFO Tucker H. 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 sale, the chief financial officer owned 33,864 shares in the company, valued at $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 available through this link. 2.24% of the stock is currently owned by corporate insiders.

J. M. Smucker 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.