J. M. Smucker (NYSE:SJM) Price Target Raised to $135.00

J. M. Smucker (NYSE:SJM) had its price objective raised by Wells Fargo & Company from $120.00 to $135.00 in a research report sent to investors on Friday morning,Benzinga reports. Wells Fargo & Company currently has an overweight rating on the stock.

SJM has been the subject of a number of other reports. Canaccord Genuity Group raised shares of J. M. Smucker to a “buy” rating in a research report on Friday, January 16th. TD Cowen increased their price target on J. M. Smucker from $105.00 to $112.00 and gave the company a “hold” rating in a report on Friday, February 20th. Weiss Ratings restated a “sell (d)” rating on shares of J. M. Smucker in a research note on Wednesday, January 21st. Stifel Nicolaus cut their target price on J. M. Smucker from $115.00 to $110.00 and set a “hold” rating on the stock in a research report on Wednesday, November 26th. Finally, UBS Group decreased their price target 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. Eight investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $118.00.

J. M. Smucker Stock Up 0.0%

NYSE SJM opened at $116.06 on Friday. The company has a quick ratio of 0.35, a current ratio of 0.84 and a debt-to-equity ratio of 1.31. J. M. Smucker has a fifty-two week low of $93.30 and a fifty-two week high of $121.48. The business has a 50 day moving average price of $104.10 and a two-hundred day moving average price of $105.33. The stock has a market cap of $12.38 billion, a PE ratio of -9.84, a P/E/G ratio of 7.06 and a beta of 0.22.

J. M. Smucker (NYSE:SJM) last posted its earnings results on Thursday, February 26th. The company reported $2.38 EPS 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 analysts’ expectations of $2.32 billion. J. M. Smucker had a negative net margin of 14.07% and a positive return on equity of 15.94%. The business’s revenue for the quarter was up 7.0% compared to the same quarter last year. During the same period in the previous year, the company posted $2.61 earnings per share. As a group, sell-side analysts predict that J. M. Smucker will post 9.88 EPS for the current fiscal year.

J. M. Smucker Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Friday, February 13th will be given a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date is Friday, February 13th. J. M. Smucker’s dividend payout ratio is presently -37.32%.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the stock. Ashton Thomas Private Wealth LLC boosted its position in shares of J. M. Smucker by 150.0% during the third quarter. Ashton Thomas Private Wealth LLC now owns 57,999 shares of the company’s stock worth $6,299,000 after buying an additional 34,800 shares during the period. ProShare Advisors LLC raised its stake in J. M. Smucker by 13.8% during the 3rd quarter. ProShare Advisors LLC now owns 1,562,259 shares of the company’s stock valued at $169,661,000 after acquiring an additional 188,868 shares in the last quarter. Ethic Inc. boosted its position in J. M. Smucker by 28.8% during the 3rd quarter. Ethic Inc. now owns 54,860 shares of the company’s stock worth $5,958,000 after acquiring an additional 12,279 shares during the period. Thompson Investment Management Inc. acquired a new position in J. M. Smucker during the 3rd quarter worth $5,464,000. Finally, Wedge Capital Management L L P NC bought a new position in shares of J. M. Smucker in the third quarter worth $4,476,000. 81.66% of the stock is currently owned by institutional investors.

Key Stories Impacting 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.