DA Davidson Forecasts J. M. Smucker’s Q2 Earnings (NYSE:SJM)

The J. M. Smucker Company (NYSE:SJM) – Equities researchers at DA Davidson issued their Q2 2026 EPS estimates for shares of J. M. Smucker in a note issued to investors on Friday, August 29th. DA Davidson analyst B. Holland forecasts that the company will earn $2.13 per share for the quarter. DA Davidson currently has a “Neutral” rating and a $112.00 target price on the stock. The consensus estimate for J. M. Smucker’s current full-year earnings is $9.88 per share. DA Davidson also issued estimates for J. M. Smucker’s FY2027 earnings at $9.59 EPS.

J. M. Smucker (NYSE:SJM) last issued its quarterly earnings results on Wednesday, August 27th. The company reported $1.90 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.95 by ($0.05). The business had revenue of $2.11 billion for the quarter, compared to analysts’ expectations of $2.09 billion. J. M. Smucker had a negative net margin of 16.75% and a positive return on equity of 15.41%. The company’s revenue was down .6% on a year-over-year basis. During the same period last year, the business earned $2.44 earnings per share. J. M. Smucker has set its FY 2026 guidance at 8.500-9.500 EPS.

A number of other research firms have also weighed in on SJM. Citigroup reduced their price objective on J. M. Smucker from $128.00 to $118.00 and set a “buy” rating for the company in a research report on Wednesday, June 11th. Bank of America dropped their price target on shares of J. M. Smucker from $120.00 to $118.00 and set a “neutral” rating on the stock in a research note on Thursday. Stifel Nicolaus increased their price objective on shares of J. M. Smucker from $106.00 to $110.00 and gave the company a “hold” rating in a research report on Tuesday, July 29th. Cfra Research raised shares of J. M. Smucker from a “hold” rating to a “moderate buy” rating in a report on Wednesday, August 27th. Finally, UBS Group cut their price target on shares of J. M. Smucker from $130.00 to $121.00 and set a “buy” rating on the stock in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, J. M. Smucker currently has an average rating of “Moderate Buy” and a consensus price target of $118.00.

J. M. Smucker Stock Performance

Shares of SJM opened at $110.55 on Monday. The company has a quick ratio of 0.34, a current ratio of 0.81 and a debt-to-equity ratio of 1.19. The business’s 50 day moving average price is $107.00 and its 200-day moving average price is $109.65. J. M. Smucker has a 52 week low of $93.30 and a 52 week high of $125.42. The stock has a market cap of $11.79 billion, a P/E ratio of -8.06, a P/E/G ratio of 7.65 and a beta of 0.27.

J. M. Smucker Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 2nd. Stockholders of record on Friday, August 15th will be issued a dividend of $1.10 per share. The ex-dividend date of this dividend is Friday, August 15th. This is a positive change from J. M. Smucker’s previous quarterly dividend of $1.08. This represents a $4.40 annualized dividend and a dividend yield of 4.0%. J. M. Smucker’s dividend payout ratio is presently -32.09%.

Insider Buying and Selling at J. M. Smucker

In related news, Director Tarang Amin acquired 1,050 shares of the stock in a transaction that occurred on Thursday, June 12th. The shares were bought at an average price of $96.09 per share, for a total transaction of $100,894.50. Following the completion of the transaction, the director directly owned 3,825 shares in the company, valued at approximately $367,544.25. This trade represents a 37.84% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.24% of the stock is owned by insiders.

Institutional Investors Weigh In On J. M. Smucker

A number of hedge funds have recently added to or reduced their stakes in SJM. Norges Bank bought a new stake in shares of J. M. Smucker in the second quarter worth $112,829,000. Engineers Gate Manager LP bought a new stake in shares of J. M. Smucker during the 2nd quarter valued at about $109,896,000. Balyasny Asset Management L.P. increased its position in shares of J. M. Smucker by 45.4% during the 2nd quarter. Balyasny Asset Management L.P. now owns 2,251,934 shares of the company’s stock valued at $221,140,000 after purchasing an additional 703,382 shares during the last quarter. Robeco Institutional Asset Management B.V. lifted its stake in shares of J. M. Smucker by 4,906.2% in the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 613,910 shares of the company’s stock worth $60,286,000 after purchasing an additional 601,647 shares during the period. Finally, Maverick Capital Ltd. purchased a new position in shares of J. M. Smucker in the first quarter worth approximately $64,125,000. 81.66% of the stock is currently owned by hedge funds and other institutional investors.

J. M. Smucker Company Profile

The J. M. Smucker Company manufactures and markets branded food and beverage products worldwide. It operates in three segments: U.S. Retail Pet Foods, U.S. Retail Coffee, and U.S. Retail Consumer Foods. The company offers mainstream roast, ground, single serve, and premium coffee; peanut butter and specialty spreads; fruit spreads, toppings, and syrups; jelly products; nut mix products; shortening and oils; frozen sandwiches and snacks; pet food and pet snacks; and foodservice hot beverage, foodservice portion control, and flour products, as well as dog and cat food, frozen handheld products, juices and beverages, and baking mixes and ingredients.