Fjarde AP Fonden Fourth Swedish National Pension Fund Sells 20,500 Shares of The J. M. Smucker Company $SJM

Fjarde AP Fonden Fourth Swedish National Pension Fund lowered its position in shares of The J. M. Smucker Company (NYSE:SJM) by 45.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 25,077 shares of the company’s stock after selling 20,500 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in J. M. Smucker were worth $2,723,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Cullen Frost Bankers Inc. increased its stake in shares of J. M. Smucker by 2.6% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 3,872 shares of the company’s stock worth $380,000 after acquiring an additional 97 shares in the last quarter. Twin Capital Management Inc. increased its stake in shares of J. M. Smucker by 1.6% during the second quarter. Twin Capital Management Inc. now owns 7,317 shares of the company’s stock valued at $719,000 after purchasing an additional 117 shares in the last quarter. Golden State Wealth Management LLC lifted its holdings in shares of J. M. Smucker by 14.1% during the second quarter. Golden State Wealth Management LLC now owns 961 shares of the company’s stock valued at $94,000 after purchasing an additional 119 shares during the last quarter. Private Trust Co. NA boosted its position in shares of J. M. Smucker by 10.8% in the 2nd quarter. Private Trust Co. NA now owns 1,338 shares of the company’s stock worth $131,000 after purchasing an additional 130 shares in the last quarter. Finally, American Century Companies Inc. grew its stake in shares of J. M. Smucker by 6.7% in the 2nd quarter. American Century Companies Inc. now owns 2,209 shares of the company’s stock worth $217,000 after buying an additional 138 shares during the last quarter. 81.66% of the stock is owned by hedge funds and other institutional investors.

J. M. Smucker Price Performance

Shares of NYSE:SJM opened at $102.00 on Monday. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.37 and a current ratio of 0.89. The firm has a market cap of $10.88 billion, a price-to-earnings ratio of -9.09, a price-to-earnings-growth ratio of 6.94 and a beta of 0.23. The business has a 50-day simple moving average of $101.52 and a two-hundred day simple moving average of $105.39. The J. M. Smucker Company has a fifty-two week low of $93.30 and a fifty-two week high of $121.48.

J. M. Smucker (NYSE:SJM) last announced its quarterly earnings results on Tuesday, November 25th. The company reported $2.10 EPS for the quarter, missing analysts’ consensus estimates of $2.12 by ($0.02). The company had revenue of $2.33 billion during the quarter, compared to the consensus estimate 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 was up 2.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.76 earnings per share. J. M. Smucker has set its FY 2026 guidance at 8.750-9.250 EPS. On average, analysts expect that The J. M. Smucker Company will post 9.88 earnings per share for the current year.

J. M. Smucker Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Friday, February 13th will be paid a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date is Friday, February 13th. J. M. Smucker’s dividend payout ratio (DPR) is -39.22%.

Wall Street Analysts Forecast Growth

SJM has been the subject of a number of recent research reports. Stifel Nicolaus lowered their price objective on J. M. Smucker from $115.00 to $110.00 and set a “hold” rating for the company in a research note on Wednesday, November 26th. Canaccord Genuity Group upgraded J. M. Smucker to a “buy” rating in a report on Friday. JPMorgan Chase & Co. dropped their price target on shares of J. M. Smucker from $122.00 to $121.00 and set an “overweight” rating on the stock in a research note on Wednesday, November 26th. Morgan Stanley reissued an “equal weight” rating and set a $105.00 price objective (down from $115.00) on shares of J. M. Smucker in a research report on Friday. Finally, Sanford C. Bernstein lifted their target price on shares of J. M. Smucker from $110.00 to $113.00 and gave the stock a “market perform” rating in a report on Wednesday, November 26th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $114.93.

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.