Groupe la Francaise Increases Stake in The J. M. Smucker Company $SJM

Groupe la Francaise boosted its stake in The J. M. Smucker Company (NYSE:SJM) by 26.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 33,662 shares of the company’s stock after buying an additional 7,041 shares during the period. Groupe la Francaise’s holdings in J. M. Smucker were worth $3,291,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in SJM. Blueshift Asset Management LLC purchased a new position in shares of J. M. Smucker in the 2nd quarter valued at approximately $422,000. Arrowstreet Capital Limited Partnership bought a new position in J. M. Smucker in the second quarter worth $1,740,000. Round Hill Asset Management lifted its position in J. M. Smucker by 99.7% during the second quarter. Round Hill Asset Management now owns 13,051 shares of the company’s stock valued at $1,282,000 after buying an additional 6,515 shares during the period. Greenwich Wealth Management LLC lifted its position in J. M. Smucker by 21.5% during the second quarter. Greenwich Wealth Management LLC now owns 8,490 shares of the company’s stock valued at $834,000 after buying an additional 1,503 shares during the period. Finally, Norges Bank bought a new stake in shares of J. M. Smucker during the 2nd quarter valued at $112,829,000. Hedge funds and other institutional investors own 81.66% of the company’s stock.

J. M. Smucker Price Performance

Shares of SJM opened at $100.43 on Thursday. The J. M. Smucker Company has a twelve month low of $93.30 and a twelve month high of $121.48. The company has a market capitalization of $10.72 billion, a P/E ratio of -8.95, a price-to-earnings-growth ratio of 7.01 and a beta of 0.22. The firm has a 50 day moving average of $105.14 and a 200 day moving average of $106.50. The company has a quick ratio of 0.37, a current ratio of 0.89 and a debt-to-equity ratio of 1.16.

J. M. Smucker (NYSE:SJM) last issued its earnings results on Tuesday, November 25th. The company reported $2.10 EPS for the quarter, missing the consensus estimate of $2.12 by ($0.02). J. M. Smucker had a negative net margin of 13.61% and a positive return on equity of 15.26%. The business had revenue of $2.33 billion for the quarter, compared to analysts’ expectations of $2.32 billion. During the same quarter in the prior year, the business posted $2.76 earnings per share. The business’s revenue for the quarter was up 2.6% on a year-over-year basis. J. M. Smucker has set its FY 2026 guidance at 8.750-9.250 EPS. As a group, equities research analysts anticipate that The J. M. Smucker Company will post 9.88 earnings per share for the current fiscal year.

J. M. Smucker Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 1st. Investors of record on Friday, November 14th were issued a $1.10 dividend. This represents a $4.40 annualized dividend and a yield of 4.4%. The ex-dividend date was Friday, November 14th. J. M. Smucker’s dividend payout ratio (DPR) is presently -39.22%.

Insiders Place Their Bets

In other J. M. Smucker news, CFO Tucker H. Marshall sold 11,139 shares of the company’s stock in a transaction dated Tuesday, September 30th. The shares were sold at an average price of $108.11, for a total transaction of $1,204,237.29. Following the transaction, the chief financial officer owned 33,864 shares in the company, valued at approximately $3,661,037.04. This represents a 24.75% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 2.24% of the company’s stock.

Analyst Upgrades and Downgrades

SJM has been the subject of a number of recent research reports. Sanford C. Bernstein lifted their price target on shares of J. M. Smucker from $110.00 to $113.00 and gave the company a “market perform” rating in a research report on Wednesday, November 26th. JPMorgan Chase & Co. lowered their target price on shares of J. M. Smucker from $122.00 to $121.00 and set an “overweight” rating for the company in a report on Wednesday, November 26th. DA Davidson boosted their price target on J. M. Smucker from $104.00 to $112.00 and gave the stock a “neutral” rating in a research report on Thursday, August 28th. Morgan Stanley reduced their price objective on J. M. Smucker from $118.00 to $115.00 and set an “overweight” rating for the company in a research report on Wednesday, November 26th. Finally, Barclays reiterated an “equal weight” rating and set a $105.00 price objective on shares of J. M. Smucker in a research note on Friday, August 29th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $116.79.

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.