National Pension Service Has $761,000 Position in The J. M. Smucker Company $SJM

National Pension Service increased its holdings in The J. M. Smucker Company (NYSE:SJM) by 315.6% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,007 shares of the company’s stock after purchasing an additional 5,321 shares during the period. National Pension Service’s holdings in J. M. Smucker were worth $761,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SJM. Ethic Inc. grew its holdings in shares of J. M. Smucker by 28.8% during the third quarter. Ethic Inc. now owns 54,860 shares of the company’s stock worth $5,958,000 after purchasing an additional 12,279 shares during the last quarter. Thompson Investment Management Inc. bought a new position in shares of J. M. Smucker in the third quarter valued at about $5,464,000. Wedge Capital Management L L P NC acquired a new position in J. M. Smucker during the 3rd quarter worth about $4,476,000. CWM LLC grew its holdings in J. M. Smucker by 7.1% during the 3rd quarter. CWM LLC now owns 258,741 shares of the company’s stock worth $28,099,000 after acquiring an additional 17,169 shares during the last quarter. Finally, Marshall Wace LLP bought a new stake in J. M. Smucker during the 2nd quarter worth about $36,434,000. Institutional investors own 81.66% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on SJM. TD Cowen reduced their target price on shares of J. M. Smucker from $111.00 to $105.00 and set a “hold” rating on the stock in a research report on Thursday, January 8th. UBS Group dropped their price objective on shares of J. M. Smucker from $120.00 to $117.00 and set a “buy” rating for the company in a research report on Wednesday, November 26th. Sanford C. Bernstein increased their price objective on 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. dropped their target price 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. Finally, Citigroup reaffirmed a “hold” rating on shares of J. M. Smucker in a research note on Wednesday, November 26th. Seven investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $114.93.

J. M. Smucker Stock Performance

SJM stock opened at $105.84 on Wednesday. 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 quick ratio of 0.37, a current ratio of 0.89 and a debt-to-equity ratio of 1.16. The company has a market cap of $11.29 billion, a P/E ratio of -9.43, a price-to-earnings-growth ratio of 7.13 and a beta of 0.23. The business’s fifty day moving average is $100.86 and its 200-day moving average is $105.28.

J. M. Smucker (NYSE:SJM) last announced its quarterly earnings data on Tuesday, November 25th. The company reported $2.10 EPS for the quarter, missing analysts’ consensus estimates of $2.12 by ($0.02). J. M. Smucker had a positive return on equity of 15.26% and a negative net margin of 13.61%.The company had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.32 billion. During the same period last year, the firm earned $2.76 earnings per share. The firm’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. Equities research analysts forecast that The J. M. Smucker Company will post 9.88 EPS for the current year.

J. M. Smucker Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 2nd. Investors of record on Friday, February 13th will be issued a dividend of $1.10 per share. The ex-dividend date is Friday, February 13th. This represents a $4.40 dividend on an annualized basis and a yield of 4.2%. J. M. Smucker’s payout ratio is currently -39.22%.

J. M. Smucker Company Profile

The J. M. Smucker Company is a diversified food and beverage manufacturer and marketer known for a portfolio of well-established consumer brands. The company’s main business activities include the production and distribution of fruit spreads, peanut butter, coffee and coffee filters, as well as pet food and pet snacks. Smucker’s core product lines serve both retail and foodservice customers through grocery chains, mass merchandisers, club stores, convenience outlets and e-commerce channels.

Among its leading brands are Smucker’s® fruit spreads, Jif® peanut butter, Folgers® and Dunkin’® coffees, and Café Bustelo® coffee.