J. M. Smucker (NYSE:SJM) Price Target Raised to $121.00

J. M. Smucker (NYSE:SJM) had its target price upped by Sanford C. Bernstein from $113.00 to $121.00 in a research report sent to investors on Friday morning,Benzinga reports. The firm currently has a market perform rating on the stock.

A number of other analysts have also recently issued reports on the company. Wells Fargo & Company boosted their price objective on J. M. Smucker from $120.00 to $135.00 and gave the company an “overweight” rating in a research report on Friday. Citigroup reiterated a “hold” rating on shares of J. M. Smucker in a research note on Wednesday, November 26th. Canaccord Genuity Group upgraded shares of J. M. Smucker to a “buy” rating in a research note on Friday, January 16th. Morgan Stanley reaffirmed an “equal weight” rating and set a $105.00 price objective (down from $115.00) on shares of J. M. Smucker in a report on Friday, January 16th. Finally, JPMorgan Chase & Co. upped their target price on shares of J. M. Smucker from $121.00 to $122.00 and gave the company an “overweight” rating in a research note on Monday, February 23rd. Eight research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $118.00.

J. M. Smucker Stock Up 0.0%

Shares of SJM opened at $116.06 on Friday. The company has a debt-to-equity ratio of 1.31, a quick ratio of 0.35 and a current ratio of 0.84. The company has a 50-day simple moving average of $104.10 and a 200-day simple moving average of $105.33. J. M. Smucker has a 52 week low of $93.30 and a 52 week high of $121.48. The firm has a market capitalization of $12.38 billion, a P/E ratio of -9.84, a P/E/G ratio of 7.06 and a beta of 0.22.

J. M. Smucker (NYSE:SJM) last released its earnings results on Thursday, February 26th. The company reported $2.38 earnings per share for the quarter, topping analysts’ consensus estimates of $2.27 by $0.11. The business had revenue of $2.34 billion for the quarter, compared to the consensus estimate of $2.32 billion. J. M. Smucker had a positive return on equity of 15.94% and a negative net margin of 14.07%.The firm’s revenue for the quarter was up 7.0% compared to the same quarter last year. During the same period last year, the business earned $2.61 earnings per share. On average, equities research analysts expect that J. M. Smucker 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 will be paid on Monday, March 2nd. Stockholders of record on Friday, February 13th will be issued a dividend of $1.10 per share. The ex-dividend date of this dividend is Friday, February 13th. This represents a $4.40 annualized dividend and a dividend yield of 3.8%. J. M. Smucker’s dividend payout ratio (DPR) is presently -37.32%.

Institutional Investors Weigh In On J. M. Smucker

A number of large investors have recently bought and sold shares of SJM. Garton & Associates Financial Advisors LLC bought a new position in J. M. Smucker in the 4th quarter valued at $25,000. AlphaQuest LLC bought a new stake in shares of J. M. Smucker during the second quarter worth $26,000. Root Financial Partners LLC acquired a new stake in shares of J. M. Smucker in the third quarter valued at $29,000. CYBER HORNET ETFs LLC bought a new position in shares of J. M. Smucker in the second quarter valued at about $27,000. Finally, Elevation Point Wealth Partners LLC bought a new position in shares of J. M. Smucker in the second quarter valued at about $28,000. 81.66% of the stock is currently owned by institutional investors.

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

About J. M. Smucker

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.