The J. M. Smucker Company (NYSE:SJM) Given Consensus Rating of “Hold” by Brokerages

The J. M. Smucker Company (NYSE:SJM) has received an average recommendation of “Hold” from the eighteen analysts that are covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and seven have issued a buy rating on the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $114.9286.

SJM has been the subject of a number of research analyst reports. Weiss Ratings reaffirmed a “sell (d)” rating on shares of J. M. Smucker in a research note on Wednesday, January 21st. Canaccord Genuity Group raised J. M. Smucker to a “buy” rating in a research report on Friday, January 16th. Sanford C. Bernstein increased their price objective 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. JPMorgan Chase & Co. cut their target price on 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. Finally, Morgan Stanley reaffirmed an “equal weight” rating and set a $105.00 price target (down previously from $115.00) on shares of J. M. Smucker in a research report on Friday, January 16th.

Institutional Investors Weigh In On J. M. Smucker

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. AlphaQuest LLC bought a new position in shares of J. M. Smucker in the 2nd quarter valued at about $26,000. Bank of Jackson Hole Trust boosted its position in J. M. Smucker by 104.5% during the second quarter. Bank of Jackson Hole Trust now owns 274 shares of the company’s stock valued at $27,000 after purchasing an additional 140 shares during the last quarter. CYBER HORNET ETFs LLC bought a new position in J. M. Smucker in the second quarter valued at approximately $27,000. Elevation Point Wealth Partners LLC acquired a new position in shares of J. M. Smucker during the 2nd quarter worth approximately $28,000. Finally, Root Financial Partners LLC bought a new stake in shares of J. M. Smucker during the 3rd quarter worth approximately $29,000. 81.66% of the stock is owned by institutional investors.

J. M. Smucker Price Performance

NYSE SJM opened at $109.12 on Friday. 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 stock has a market cap of $11.64 billion, a price-to-earnings ratio of -9.73, a PEG ratio of 7.38 and a beta of 0.23. The business has a 50 day simple moving average of $101.08 and a 200 day simple moving average of $105.33. J. M. Smucker has a 52-week low of $93.30 and a 52-week high of $121.48.

J. M. Smucker (NYSE:SJM) last released its quarterly earnings results 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). J. M. Smucker had a negative net margin of 13.61% and a positive return on equity of 15.26%. The company had revenue of $2.33 billion during the quarter, compared to analyst estimates of $2.32 billion. During the same quarter last year, the company earned $2.76 EPS. The firm’s quarterly revenue was up 2.6% compared to the same quarter last year. J. M. Smucker has set its FY 2026 guidance at 8.750-9.250 EPS. Analysts anticipate that J. M. Smucker will post 9.88 earnings per share for the current fiscal year.

J. M. Smucker Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Investors of record on Friday, February 13th will be issued a dividend of $1.10 per share. The ex-dividend date is Friday, February 13th. This represents a $4.40 annualized dividend and a yield of 4.0%. J. M. Smucker’s dividend payout ratio is presently -39.22%.

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.