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

Shares of The J. M. Smucker Company (NYSE:SJM) have earned an average rating of “Moderate Buy” from the seventeen brokerages that are presently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, seven have issued a hold rating, eight have given a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $118.3846.

A number of brokerages have commented on SJM. Wells Fargo & Company raised their price objective on J. M. Smucker from $115.00 to $120.00 and gave the company an “overweight” rating in a research note on Monday, August 18th. Cfra Research raised shares of J. M. Smucker from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, August 27th. Zacks Research upgraded shares of J. M. Smucker to a “hold” rating in a research note on Monday, August 11th. DA Davidson raised their price objective on shares of J. M. Smucker from $104.00 to $112.00 and gave the company a “neutral” rating in a research note on Thursday, August 28th. Finally, Stifel Nicolaus lifted their price objective on shares of J. M. Smucker from $110.00 to $115.00 and gave the company a “hold” rating in a report on Friday, October 24th.

J. M. Smucker Trading Up 1.5%

SJM opened at $105.33 on Friday. The company has a fifty day moving average price of $105.84 and a two-hundred day moving average price of $107.04. J. M. Smucker has a 1-year low of $93.30 and a 1-year high of $125.42. The company has a market cap of $11.24 billion, a P/E ratio of -7.68, a price-to-earnings-growth ratio of 6.97 and a beta of 0.24. The company has a current ratio of 0.81, a quick ratio of 0.34 and a debt-to-equity ratio of 1.19.

J. M. Smucker (NYSE:SJM) last released its quarterly earnings data 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 positive return on equity of 15.41% and a negative net margin of 16.75%.The company had revenue of $2.11 billion for the quarter, compared to the consensus estimate of $2.09 billion. During the same period last year, the company earned $2.44 EPS. J. M. Smucker’s revenue for the quarter was down .6% compared to the same quarter last year. J. M. Smucker has set its FY 2026 guidance at 8.500-9.500 EPS. Analysts predict that J. M. Smucker will post 9.88 EPS for the current fiscal year.

J. M. Smucker Announces Dividend

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

Insider Activity at J. M. Smucker

In other news, CFO Tucker H. Marshall sold 11,139 shares of the firm’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 transaction, the chief financial officer owned 33,864 shares in the company, valued at $3,661,037.04. This trade represents a 24.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 2.24% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On J. M. Smucker

Hedge funds have recently bought and sold shares of the company. Teachers Retirement System of The State of Kentucky lifted its position in shares of J. M. Smucker by 4.1% during the first quarter. Teachers Retirement System of The State of Kentucky now owns 8,213 shares of the company’s stock valued at $973,000 after purchasing an additional 324 shares in the last quarter. AE Wealth Management LLC lifted its position in shares of J. M. Smucker by 13.8% during the 1st quarter. AE Wealth Management LLC now owns 32,736 shares of the company’s stock worth $3,876,000 after buying an additional 3,967 shares in the last quarter. Carnegie Investment Counsel bought a new position in shares of J. M. Smucker during the 1st quarter worth approximately $288,000. Avantax Advisory Services Inc. boosted its stake in shares of J. M. Smucker by 14.8% in the 1st quarter. Avantax Advisory Services Inc. now owns 19,206 shares of the company’s stock worth $2,274,000 after buying an additional 2,479 shares during the last quarter. Finally, Cetera Investment Advisers grew its holdings in shares of J. M. Smucker by 21.9% in the first quarter. Cetera Investment Advisers now owns 29,129 shares of the company’s stock valued at $3,449,000 after acquiring an additional 5,241 shares in the last quarter. 81.66% of the stock is owned by hedge funds and other institutional investors.

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.