Focus Partners Wealth Has $4.87 Million Stock Holdings in The J. M. Smucker Company $SJM

Focus Partners Wealth lessened its position in The J. M. Smucker Company (NYSE:SJM) by 1.8% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 41,128 shares of the company’s stock after selling 763 shares during the period. Focus Partners Wealth’s holdings in J. M. Smucker were worth $4,870,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of the business. Janus Henderson Group PLC lifted its stake in J. M. Smucker by 1.9% in the fourth quarter. Janus Henderson Group PLC now owns 13,207 shares of the company’s stock valued at $1,454,000 after buying an additional 244 shares during the period. OMERS ADMINISTRATION Corp boosted its holdings in shares of J. M. Smucker by 20.6% in the 4th quarter. OMERS ADMINISTRATION Corp now owns 4,446 shares of the company’s stock valued at $490,000 after buying an additional 759 shares during the last quarter. Nomura Holdings Inc. raised its stake in J. M. Smucker by 99.2% in the 4th quarter. Nomura Holdings Inc. now owns 3,502 shares of the company’s stock valued at $386,000 after acquiring an additional 1,744 shares during the period. Mufg Securities Americas Inc. bought a new position in J. M. Smucker during the 4th quarter worth $173,000. Finally, Rafferty Asset Management LLC increased its position in J. M. Smucker by 12.5% during the 4th quarter. Rafferty Asset Management LLC now owns 9,244 shares of the company’s stock worth $1,018,000 after buying an additional 1,029 shares during the period. Institutional investors and hedge funds own 81.66% of the company’s stock.

J. M. Smucker Stock Performance

Shares of SJM opened at $107.92 on Monday. The stock has a market capitalization of $11.51 billion, a price-to-earnings ratio of -7.87, a price-to-earnings-growth ratio of 7.44 and a beta of 0.27. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.34 and a current ratio of 0.81. The stock’s 50-day simple moving average is $109.24 and its 200 day simple moving average is $109.94. The J. M. Smucker Company has a 52-week low of $93.30 and a 52-week high of $125.42.

J. M. Smucker (NYSE:SJM) last announced its earnings results on Wednesday, August 27th. The company reported $1.90 earnings per share for the quarter, missing analysts’ consensus estimates of $1.95 by ($0.05). The business had revenue of $2.11 billion during the quarter, compared to the consensus estimate of $2.09 billion. J. M. Smucker had a positive return on equity of 15.41% and a negative net margin of 16.75%.J. M. Smucker’s revenue was down .6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.44 earnings per share. J. M. Smucker has set its FY 2026 guidance at 8.500-9.500 EPS. Research analysts forecast that The J. M. Smucker Company will post 9.88 EPS for the current fiscal year.

J. M. Smucker Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Friday, August 15th were given a dividend of $1.10 per share. This is a boost from J. M. Smucker’s previous quarterly dividend of $1.08. The ex-dividend date was Friday, August 15th. This represents a $4.40 annualized dividend and a dividend yield of 4.1%. J. M. Smucker’s dividend payout ratio is currently -32.09%.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. UBS Group decreased their price target on J. M. Smucker from $130.00 to $121.00 and set a “buy” rating on the stock in a research report on Thursday, August 28th. Royal Bank Of Canada started coverage on J. M. Smucker in a research note on Monday, July 7th. They issued an “outperform” rating and a $130.00 price objective on the stock. BNP Paribas raised J. M. Smucker from a “strong sell” rating to a “strong-buy” rating in a research note on Wednesday, July 9th. JPMorgan Chase & Co. decreased their price objective on J. M. Smucker from $129.00 to $126.00 and set an “overweight” rating for the company in a report on Thursday, August 28th. Finally, Barclays restated an “equal weight” rating and set a $105.00 price objective on shares of J. M. Smucker in a report on Friday, August 29th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $118.00.

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.