J. M. Smucker (NYSE:SJM) Shares Gap Up on Better-Than-Expected Earnings

The J. M. Smucker Company (NYSE:SJM)’s share price gapped up prior to trading on Thursday following a stronger than expected earnings report. The stock had previously closed at $106.60, but opened at $117.69. J. M. Smucker shares last traded at $113.60, with a volume of 1,324,568 shares.

The company reported $2.38 EPS for the quarter, topping analysts’ consensus estimates of $2.27 by $0.11. The firm had revenue of $2.34 billion during the quarter, compared to analysts’ expectations of $2.32 billion. J. M. Smucker had a positive return on equity of 15.42% and a negative net margin of 14.07%.The company’s quarterly revenue was up 7.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.61 EPS.

J. M. Smucker Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Friday, February 13th will be given a dividend of $1.10 per share. The ex-dividend date is Friday, February 13th. This represents a $4.40 dividend on an annualized basis and a yield of 3.8%. J. M. Smucker’s payout ratio is -37.32%.

J. M. Smucker News Roundup

Here are the key news stories impacting J. M. Smucker this week:

• Positive Sentiment: Activist resolution — Elliott secured two board seats and Smucker agreed to add two independent directors; the development sparked a strong investor rally. Reuters: J.M. Smucker adds two directors after private discussions with activist Elliott
• Positive Sentiment: Earnings beat and revenue growth — Q3 adjusted EPS $2.38 vs. $2.27 est; revenue $2.34B, +7% YoY driven by pricing in the coffee business, which helped offset cost headwinds. This beat underpins near‑term confidence. Zacks: Smucker Q3 Earnings Beat
• Positive Sentiment: Analyst upgrades and higher targets — Wells Fargo raised its target to $135 (Overweight) and Sanford C. Bernstein raised its target to $121 (Market Perform); JPMorgan also nudged its target higher. These raises provide additional buy‑side support. Benzinga: Analyst target updates TickerReport: Wells Fargo note
• Neutral Sentiment: Earnings materials and call — The company posted its slide deck, earnings presentation and call transcript, which give more detail on margin drivers, capital allocation and guidance adjustments for investors doing deeper due diligence. Seeking Alpha: Q3 Results Presentation
• Negative Sentiment: Guidance headwinds and cost pressures — Management trimmed its sales‑growth outlook citing a recent manufacturing‑facility fire; higher green‑coffee costs and tariffs pressured year‑over‑year earnings despite the beat. These factors limit upside until guidance and cost trends stabilize. WSJ: Sales rise but guidance lowered after plant fire

Analyst Ratings Changes

Several brokerages recently commented on SJM. Morgan Stanley reiterated an “equal weight” rating and set a $105.00 price target (down from $115.00) on shares of J. M. Smucker in a report on Friday, January 16th. UBS Group dropped their target price on J. M. Smucker from $120.00 to $117.00 and set a “buy” rating for the company in a research report on Wednesday, November 26th. TD Cowen increased their price target on J. M. Smucker from $105.00 to $112.00 and gave the stock a “hold” rating in a report on Friday, February 20th. Citigroup reissued a “hold” rating on shares of J. M. Smucker in a research note on Wednesday, November 26th. Finally, Stifel Nicolaus cut their price objective on J. M. Smucker from $115.00 to $110.00 and set a “hold” rating on the stock in a research report on Wednesday, November 26th. Eight equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, J. M. Smucker presently has a consensus rating of “Hold” and a consensus price target of $118.00.

Institutional Trading of J. M. Smucker

Hedge funds have recently added to or reduced their stakes in the business. Garton & Associates Financial Advisors LLC purchased a new position in J. M. Smucker during the 4th quarter valued at about $25,000. AlphaQuest LLC bought a new position in J. M. Smucker in the second quarter worth approximately $26,000. CYBER HORNET ETFs LLC purchased a new stake in J. M. Smucker during the second quarter worth $27,000. Elevation Point Wealth Partners LLC bought a new stake in J. M. Smucker during the 2nd quarter valued at $28,000. Finally, Root Financial Partners LLC purchased a new position in shares of J. M. Smucker in the 3rd quarter valued at $29,000. 81.66% of the stock is owned by hedge funds and other institutional investors.

J. M. Smucker Trading Up 0.0%

The stock has a market capitalization of $12.38 billion, a P/E ratio of -9.84, a price-to-earnings-growth ratio of 7.09 and a beta of 0.23. 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 company has a 50-day moving average price of $104.10 and a 200 day moving average price of $105.42.

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.