Stock Traders Buy Large Volume of Call Options on J. M. Smucker (NYSE:SJM)

The J. M. Smucker Company (NYSE:SJM) saw unusually large options trading activity on Tuesday. Traders purchased 2,148 call options on the company. This is an increase of 40% compared to the average daily volume of 1,539 call options.

Key Headlines Impacting J. M. Smucker

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

• Positive Sentiment: Fiscal Q4 earnings of $2.77 per share beat estimates, and revenue of $2.27 billion also came in slightly above forecasts, reinforcing confidence in the turnaround. The J.M. Smucker Co. Announces Fiscal Year 2026 Fourth Quarter Results and Provides Full-Year Fiscal 2027 Outlook
• Positive Sentiment: Higher pricing and cost discipline helped expand profits, while the coffee segment was a key driver of the quarter’s outperformance. JM Smucker beats quarterly estimates as coffee segment drives growth
• Neutral Sentiment: Management issued upbeat EPS guidance for fiscal 2027, but revenue guidance was weaker than expected, creating a mixed read-through for investors. J.M. Smucker Expects Sales to Fall This Year
• Negative Sentiment: The company signaled sales may decline next year as volume trends remain soft in coffee and baked goods, which could limit upside if pricing momentum fades. J.M. Smucker Stock Rises. Earnings and Guidance Go in Opposite Directions.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. UBS Group dropped their price objective on shares of J. M. Smucker from $132.00 to $121.00 and set a “buy” rating for the company in a report on Tuesday, June 2nd. Morgan Stanley lifted their price objective on shares of J. M. Smucker from $104.00 to $106.00 and gave the stock an “equal weight” rating in a report on Friday. Stifel Nicolaus dropped their price objective on shares of J. M. Smucker from $120.00 to $100.00 and set a “hold” rating for the company in a report on Tuesday, April 21st. BNP Paribas Exane set a $125.00 price objective on shares of J. M. Smucker in a report on Thursday, April 9th. Finally, Evercore assumed coverage on shares of J. M. Smucker in a report on Friday, May 15th. They set an “outperform” rating and a $117.00 price objective for the company. Eleven equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $116.71.

Hedge Funds Weigh In On J. M. Smucker

Hedge funds have recently modified their holdings of the company. ProShare Advisors LLC increased its position in shares of J. M. Smucker by 13.8% in the third quarter. ProShare Advisors LLC now owns 1,562,259 shares of the company’s stock valued at $169,661,000 after acquiring an additional 188,868 shares during the period. Aquatic Capital Management LLC purchased a new position in shares of J. M. Smucker in the third quarter valued at about $9,444,000. Neo Ivy Capital Management purchased a new position in shares of J. M. Smucker in the third quarter valued at about $997,000. Murphy Middleton Hinkle & Parker Inc. purchased a new position in shares of J. M. Smucker in the fourth quarter valued at about $1,406,000. Finally, Dorato Capital Management purchased a new position in shares of J. M. Smucker in the fourth quarter valued at about $1,682,000. Hedge funds and other institutional investors own 81.66% of the company’s stock.

J. M. Smucker Stock Performance

J. M. Smucker stock opened at $111.94 on Wednesday. The company has a quick ratio of 0.35, a current ratio of 0.84 and a debt-to-equity ratio of 1.31. The company has a market capitalization of $11.94 billion, a PE ratio of -9.49, a P/E/G ratio of 6.89 and a beta of 0.27. The firm has a fifty day simple moving average of $98.37 and a two-hundred day simple moving average of $101.73. J. M. Smucker has a twelve month low of $88.25 and a twelve month high of $119.39.

J. M. Smucker (NYSE:SJM) last posted its quarterly earnings results on Tuesday, June 9th. The company reported $2.77 earnings per share for the quarter, topping the consensus estimate of $2.64 by $0.13. The business had revenue of $2.27 billion during the quarter, compared to the consensus estimate of $2.26 billion. J. M. Smucker had a negative net margin of 14.07% and a positive return on equity of 15.94%. The firm’s revenue for the quarter was up 5.8% on a year-over-year basis. During the same period in the previous year, the firm posted $2.31 earnings per share. J. M. Smucker has set its FY 2027 guidance at 9.750-10.250 EPS. Research analysts expect that J. M. Smucker will post 9.03 EPS for the current year.

J. M. Smucker Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Friday, May 15th were given a $1.10 dividend. The ex-dividend date was Friday, May 15th. This represents a $4.40 dividend on an annualized basis and a dividend yield of 3.9%. J. M. Smucker’s payout ratio is presently -37.32%.

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.