J. M. Smucker (NYSE:SJM) Upgraded to “Buy” at Wall Street Zen

J. M. Smucker (NYSE:SJM) was upgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued to investors on Saturday.

SJM has been the subject of several other reports. Bank of America upgraded shares of J. M. Smucker from a “neutral” rating to a “buy” rating and set a $130.00 price target for the company in a research report on Monday, February 23rd. UBS Group cut 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 report on Wednesday, November 26th. Citigroup reaffirmed a “hold” rating on shares of J. M. Smucker in a research note on Wednesday, November 26th. TD Cowen increased their price target on shares of J. M. Smucker from $105.00 to $112.00 and gave the company a “hold” rating in a research report on Friday, February 20th. Finally, Stifel Nicolaus cut their price target on shares of J. M. Smucker from $115.00 to $110.00 and set a “hold” rating on the stock in a report on Wednesday, November 26th. Eight equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, J. M. Smucker has an average rating of “Hold” and a consensus price target of $118.00.

J. M. Smucker Stock Up 0.0%

SJM opened at $116.06 on Friday. 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 stock has a market cap of $12.38 billion, a PE ratio of -9.84, a P/E/G ratio of 7.09 and a beta of 0.23. The business’s fifty day simple moving average is $104.10 and its 200 day simple moving average is $105.42. J. M. Smucker has a 52 week low of $93.30 and a 52 week high of $121.48.

J. M. Smucker (NYSE:SJM) last announced its quarterly earnings data on Thursday, February 26th. The company reported $2.38 earnings per share for the quarter, beating analysts’ consensus estimates of $2.27 by $0.11. J. M. Smucker had a positive return on equity of 15.42% and a negative net margin of 14.07%.The company had revenue of $2.34 billion for the quarter, compared to analysts’ expectations of $2.32 billion. During the same period last year, the firm posted $2.61 EPS. J. M. Smucker’s revenue for the quarter was up 7.0% compared to the same quarter last year. As a group, research analysts expect that J. M. Smucker will post 9.88 earnings per share for the current fiscal year.

Hedge Funds Weigh In On J. M. Smucker

Hedge funds and other institutional investors have recently bought and sold shares of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of J. M. Smucker by 10.0% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,440 shares of the company’s stock valued at $2,286,000 after purchasing an additional 1,763 shares during the last quarter. United Services Automobile Association bought a new stake in J. M. Smucker in the 1st quarter worth approximately $253,000. Empowered Funds LLC raised its stake in J. M. Smucker by 28.6% during the 1st quarter. Empowered Funds LLC now owns 12,992 shares of the company’s stock valued at $1,538,000 after buying an additional 2,889 shares during the last quarter. Woodline Partners LP lifted its holdings in shares of J. M. Smucker by 40.7% during the 1st quarter. Woodline Partners LP now owns 8,990 shares of the company’s stock valued at $1,065,000 after buying an additional 2,600 shares during the period. Finally, AlphaQuest LLC purchased a new position in shares of J. M. Smucker in the 2nd quarter worth $26,000. Institutional investors own 81.66% of the company’s stock.

Trending Headlines about J. M. Smucker

Here are the key news stories impacting J. M. Smucker this week:

• Positive Sentiment: Activist resolution — Elliott secured two board seats and Smucker agreed to add two independent directors; the development sparked a strong investor rally. Reuters: J.M. Smucker adds two directors after private discussions with activist Elliott
• Positive Sentiment: Earnings beat and revenue growth — Q3 adjusted EPS $2.38 vs. $2.27 est; revenue $2.34B, +7% YoY driven by pricing in the coffee business, which helped offset cost headwinds. This beat underpins near‑term confidence. Zacks: Smucker Q3 Earnings Beat
• Positive Sentiment: Analyst upgrades and higher targets — Wells Fargo raised its target to $135 (Overweight) and Sanford C. Bernstein raised its target to $121 (Market Perform); JPMorgan also nudged its target higher. These raises provide additional buy‑side support. Benzinga: Analyst target updates TickerReport: Wells Fargo note
• Neutral Sentiment: Earnings materials and call — The company posted its slide deck, earnings presentation and call transcript, which give more detail on margin drivers, capital allocation and guidance adjustments for investors doing deeper due diligence. Seeking Alpha: Q3 Results Presentation
• Negative Sentiment: Guidance headwinds and cost pressures — Management trimmed its sales‑growth outlook citing a recent manufacturing‑facility fire; higher green‑coffee costs and tariffs pressured year‑over‑year earnings despite the beat. These factors limit upside until guidance and cost trends stabilize. WSJ: Sales rise but guidance lowered after plant fire

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.