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

Shares of The J. M. Smucker Company (NYSE:SJM) have been given a consensus rating of “Hold” by the eighteen analysts that are presently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, nine have issued a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $115.6429.

A number of research firms have commented on SJM. Stifel Nicolaus decreased their price target on J. M. Smucker from $115.00 to $110.00 and set a “hold” rating on the stock in a report on Wednesday, November 26th. Weiss Ratings reiterated a “sell (d)” rating on shares of J. M. Smucker in a research report on Wednesday, October 8th. 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 report on Wednesday, November 26th. Morgan Stanley dropped their price target on J. M. Smucker from $118.00 to $115.00 and set an “overweight” rating for the company in a research note on Wednesday, November 26th. Finally, UBS Group reduced their price objective 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.

J. M. Smucker Price Performance

NYSE SJM opened at $100.50 on Monday. The company has a current ratio of 0.89, a quick ratio of 0.37 and a debt-to-equity ratio of 1.16. J. M. Smucker has a 12 month low of $93.30 and a 12 month high of $121.48. The stock has a market cap of $10.72 billion, a price-to-earnings ratio of -8.96, a PEG ratio of 6.84 and a beta of 0.23. The company’s 50 day moving average is $101.74 and its two-hundred day moving average is $105.29.

J. M. Smucker (NYSE:SJM) last announced its quarterly earnings data on Tuesday, November 25th. The company reported $2.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.12 by ($0.02). The firm had revenue of $2.33 billion during the quarter, compared to analysts’ expectations 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 revenue for the quarter was up 2.6% on a year-over-year basis. During the same period last year, the company earned $2.76 earnings per share. J. M. Smucker has set its FY 2026 guidance at 8.750-9.250 EPS. As a group, research analysts anticipate that J. M. Smucker will post 9.88 earnings per share for the current year.

J. M. Smucker Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Friday, November 14th were issued 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 payout ratio is currently -39.22%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in 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 worth $96,553,000 after acquiring an additional 41,249 shares in the last quarter. Ethic Inc. lifted its position in shares of J. M. Smucker by 28.8% in the 3rd quarter. Ethic Inc. now owns 54,860 shares of the company’s stock worth $5,958,000 after purchasing an additional 12,279 shares during the period. Wedge Capital Management L L P NC bought a new position in shares of J. M. Smucker during the third quarter valued at approximately $4,476,000. Thompson Investment Management Inc. purchased a new position in J. M. Smucker during the third quarter valued at approximately $5,464,000. Finally, Prudential Financial Inc. raised its stake in J. M. Smucker by 29.5% in the second quarter. Prudential Financial Inc. now owns 74,749 shares of the company’s stock worth $7,340,000 after buying an additional 17,032 shares in the last quarter. Hedge funds and other institutional investors own 81.66% of the company’s stock.

About J. M. Smucker

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.