Gradient Investments LLC Makes New Investment in The J. M. Smucker Company $SJM

Gradient Investments LLC bought a new stake in The J. M. Smucker Company (NYSE:SJM) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 128,064 shares of the company’s stock, valued at approximately $13,908,000. Gradient Investments LLC owned approximately 0.12% of J. M. Smucker as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also added to or reduced their stakes in SJM. Tortoise Investment Management LLC increased its position in J. M. Smucker by 87.0% in the 1st quarter. Tortoise Investment Management LLC now owns 215 shares of the company’s stock valued at $25,000 after acquiring an additional 100 shares in the last quarter. Nova Wealth Management Inc. bought a new stake in shares of J. M. Smucker during the second quarter valued at approximately $25,000. AlphaQuest LLC acquired a new stake in shares of J. M. Smucker in the second quarter valued at approximately $26,000. Bank of Jackson Hole Trust raised its position in J. M. Smucker by 104.5% in the 2nd quarter. Bank of Jackson Hole Trust now owns 274 shares of the company’s stock worth $27,000 after purchasing an additional 140 shares during the last quarter. Finally, CYBER HORNET ETFs LLC acquired a new position in J. M. Smucker during the 2nd quarter worth $27,000. Institutional investors and hedge funds own 81.66% of the company’s stock.

Insider Buying and Selling

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

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. Argus cut J. M. Smucker from a “buy” rating to a “hold” rating in a research note on Friday, September 12th. JPMorgan Chase & Co. lowered their price objective on J. M. Smucker from $122.00 to $121.00 and set an “overweight” rating for the company in a research report on Wednesday, November 26th. Weiss Ratings reissued a “sell (d)” rating on shares of J. M. Smucker in a report on Wednesday, October 8th. UBS Group reduced their target price on shares of J. M. Smucker from $120.00 to $117.00 and set a “buy” rating on the stock in a research note on Wednesday, November 26th. Finally, Bank of America dropped their price target on shares of J. M. Smucker from $120.00 to $118.00 and set a “neutral” rating for the company in a research note on Thursday, August 28th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $116.79.

J. M. Smucker Stock Performance

Shares of SJM stock opened at $100.46 on Thursday. The stock has a market cap of $10.72 billion, a PE ratio of -8.95, a price-to-earnings-growth ratio of 6.78 and a beta of 0.22. The stock has a 50-day moving average of $103.64 and a 200-day moving average of $105.63. The company has a debt-to-equity ratio of 1.16, a current ratio of 0.89 and a quick ratio of 0.37. The J. M. Smucker Company has a one year low of $93.30 and a one year high of $121.48.

J. M. Smucker (NYSE:SJM) last issued its quarterly earnings data on Tuesday, November 25th. The company reported $2.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.32 billion. During the same quarter in the prior year, the firm posted $2.76 EPS. The firm’s revenue for the quarter was up 2.6% compared to the same quarter last year. J. M. Smucker has set its FY 2026 guidance at 8.750-9.250 EPS. As a group, sell-side analysts expect that The J. M. Smucker Company will post 9.88 earnings per share for the current year.

J. M. Smucker Dividend Announcement

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

J. M. Smucker 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.