The J. M. Smucker Company $SJM Shares Purchased by Cibc World Market Inc.

Cibc World Market Inc. boosted its stake in The J. M. Smucker Company (NYSE:SJM) by 36.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,624 shares of the company’s stock after acquiring an additional 5,465 shares during the period. Cibc World Market Inc.’s holdings in J. M. Smucker were worth $2,017,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Lido Advisors LLC lifted its position in shares of J. M. Smucker by 9.4% in the 4th quarter. Lido Advisors LLC now owns 3,000 shares of the company’s stock worth $321,000 after buying an additional 258 shares during the last quarter. CIBC Asset Management Inc lifted its position in shares of J. M. Smucker by 58.6% in the 4th quarter. CIBC Asset Management Inc now owns 27,209 shares of the company’s stock worth $2,661,000 after buying an additional 10,056 shares during the last quarter. Mccarter Private Wealth Services LLC bought a new position in shares of J. M. Smucker in the 4th quarter worth about $291,000. Greenwich Wealth Management LLC lifted its position in shares of J. M. Smucker by 6.3% in the 4th quarter. Greenwich Wealth Management LLC now owns 8,710 shares of the company’s stock worth $852,000 after buying an additional 520 shares during the last quarter. Finally, AXQ Capital LP bought a new position in shares of J. M. Smucker in the 4th quarter worth about $574,000. 81.66% of the stock is owned by institutional investors and hedge funds.

J. M. Smucker Stock Up 10.0%

SJM 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 J. M. Smucker Company has a fifty-two week low of $88.25 and a fifty-two week high of $119.39. The firm’s 50-day simple moving average is $98.37 and its 200 day simple moving average is $101.73. The stock has a market cap of $11.94 billion, a PE ratio of -9.49, a price-to-earnings-growth ratio of 6.89 and a beta of 0.27.

J. M. Smucker (NYSE:SJM) last released its quarterly earnings data on Tuesday, June 9th. The company reported $2.77 earnings per share for the quarter, topping analysts’ consensus estimates of $2.64 by $0.13. J. M. Smucker had a negative net margin of 14.07% and a positive return on equity of 15.94%. The business had revenue of $2.27 billion for the quarter, compared to analysts’ expectations of $2.26 billion. During the same quarter last year, the company earned $2.31 EPS. The company’s revenue for the quarter was up 5.8% compared to the same quarter last year. J. M. Smucker has set its FY 2027 guidance at 9.750-10.250 EPS. As a group, sell-side analysts predict that The J. M. Smucker Company will post 9.03 EPS for the current year.

J. M. Smucker Announces Dividend

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

J. M. Smucker News Summary

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.

Wall Street Analyst Weigh In

SJM has been the topic of a number of recent research reports. BNP Paribas Exane set a $125.00 price target on shares of J. M. Smucker in a research report on Thursday, April 9th. BTIG Research restated a “buy” rating on shares of J. M. Smucker in a research report on Thursday, June 4th. UBS Group reduced their price target on shares of J. M. Smucker from $132.00 to $121.00 and set a “buy” rating on the stock in a research report on Tuesday, June 2nd. Barclays reduced their price target on shares of J. M. Smucker from $125.00 to $103.00 and set an “equal weight” rating on the stock in a research report on Tuesday, April 14th. Finally, Bank of America upgraded shares of J. M. Smucker from a “neutral” rating to a “buy” rating and set a $130.00 price target on the stock in a research report on Monday, February 23rd. Eleven research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $116.71.

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.