The J. M. Smucker Company (NYSE:SJM) Given Consensus Recommendation of “Moderate Buy” by Analysts

The J. M. Smucker Company (NYSE:SJM) has been assigned an average rating of “Moderate Buy” from the seventeen brokerages that are currently covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, seven have given a hold recommendation, eight have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $118.3846.

SJM has been the subject of a number of research analyst reports. Barclays reaffirmed an “equal weight” rating and issued a $105.00 target price on shares of J. M. Smucker in a report on Friday, August 29th. UBS Group dropped their target price on shares of J. M. Smucker from $130.00 to $121.00 and set a “buy” rating for the company in a report on Thursday, August 28th. Stifel Nicolaus raised their price objective on shares of J. M. Smucker from $110.00 to $115.00 and gave the stock a “hold” rating in a research note on Friday. Weiss Ratings reaffirmed a “sell (d)” rating on shares of J. M. Smucker in a research note on Wednesday, October 8th. Finally, BNP Paribas raised J. M. Smucker from a “strong sell” rating to a “strong-buy” rating in a research note on Wednesday, July 9th.

Insider Transactions at J. M. Smucker

In related news, CFO Tucker H. Marshall sold 11,139 shares of the company’s stock in a transaction that occurred on Tuesday, September 30th. The stock was sold at an average price of $108.11, for a total value of $1,204,237.29. Following the sale, the chief financial officer owned 33,864 shares of the company’s stock, valued at approximately $3,661,037.04. This represents a 24.75% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 2.24% of the company’s stock.

Institutional Trading of J. M. Smucker

Several hedge funds and other institutional investors have recently bought and sold shares of SJM. Invesco Ltd. raised its holdings in J. M. Smucker by 7.5% in the 2nd quarter. Invesco Ltd. now owns 2,819,028 shares of the company’s stock valued at $276,829,000 after acquiring an additional 195,774 shares during the last quarter. Geode Capital Management LLC raised its holdings in J. M. Smucker by 1.8% in the 2nd quarter. Geode Capital Management LLC now owns 2,776,561 shares of the company’s stock valued at $271,539,000 after acquiring an additional 49,017 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in J. M. Smucker by 12.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,257,127 shares of the company’s stock valued at $267,252,000 after acquiring an additional 248,110 shares during the last quarter. Balyasny Asset Management L.P. raised its holdings in J. M. Smucker by 45.4% in 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 acquiring an additional 703,382 shares during the last quarter. Finally, Ilex Capital Partners UK LLP raised its holdings in J. M. Smucker by 31.0% in the 2nd quarter. Ilex Capital Partners UK LLP now owns 2,033,615 shares of the company’s stock valued at $199,701,000 after acquiring an additional 481,660 shares during the last quarter. 81.66% of the stock is owned by hedge funds and other institutional investors.

J. M. Smucker Price Performance

Shares of NYSE:SJM opened at $104.86 on Wednesday. J. M. Smucker has a 52 week low of $93.30 and a 52 week high of $125.42. 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 company has a market cap of $11.19 billion, a P/E ratio of -7.65, a PEG ratio of 7.22 and a beta of 0.25. The company has a 50-day moving average price of $107.62 and a 200 day moving average price of $108.29.

J. M. Smucker (NYSE:SJM) last issued its 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). J. M. Smucker had a negative net margin of 16.75% and a positive return on equity of 15.41%. The company had revenue of $2.11 billion during the quarter, compared to analysts’ expectations of $2.09 billion. During the same period last year, the business posted $2.44 earnings per share. The company’s quarterly revenue was down .6% on a year-over-year basis. J. M. Smucker has set its FY 2026 guidance at 8.500-9.500 EPS. Research analysts predict that J. M. Smucker will post 9.88 earnings per share for the current year.

J. M. Smucker Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, December 1st. Investors of record on Friday, November 14th will be paid a $1.10 dividend. The ex-dividend date of this dividend is Friday, November 14th. This represents a $4.40 dividend on an annualized basis and a yield of 4.2%. J. M. Smucker’s dividend payout ratio is presently -32.09%.

About J. M. Smucker

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.