Key Points
- Insider selling: Jeannette Knudsen sold 5,550 shares of J. M. Smucker at an average price of $116.29, totaling about $645,410. After the sale, she still held 16,039 shares, reducing her ownership by 25.71%.
- Strong quarterly results: J. M. Smucker reported quarterly EPS of $2.77, beating analysts’ estimate of $2.64, and revenue of $2.27 billion, slightly above expectations. Revenue also rose 5.8% year over year.
- Dividend and analyst outlook: The company paid a quarterly dividend of $1.10 per share, or $4.40 annualized, for a yield of 3.8%. Wall Street’s view is mixed, with a consensus rating of Hold and a target price of $121.13.
The J. M. Smucker Company (NYSE:SJM - Get Free Report) insider Jeannette Knudsen sold 5,550 shares of the business's stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $116.29, for a total value of $645,409.50. Following the transaction, the insider owned 16,039 shares of the company's stock, valued at approximately $1,865,175.31. This represents a 25.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
J. M. Smucker Stock Performance
Shares of NYSE SJM opened at $116.05 on Friday. The company has a current ratio of 0.78, a quick ratio of 0.35 and a debt-to-equity ratio of 1.15. The stock has a 50 day simple moving average of $99.63 and a 200-day simple moving average of $102.01. The company has a market cap of $12.38 billion, a PE ratio of -89.27, a P/E/G ratio of 1.64 and a beta of 0.27. The J. M. Smucker Company has a 12-month low of $88.25 and a 12-month high of $119.39.
J. M. Smucker (NYSE:SJM - Get Free Report) last announced its earnings results on Tuesday, June 9th. The company reported $2.77 EPS for the quarter, topping the consensus estimate of $2.64 by $0.13. J. M. Smucker had a positive return on equity of 17.18% and a negative net margin of 1.53%.The firm had revenue of $2.27 billion for the quarter, compared to analysts' expectations of $2.26 billion. During the same quarter in the previous year, the company earned $2.31 earnings per share. The firm's quarterly revenue was up 5.8% compared to the same quarter last year. J. M. Smucker has set its FY 2027 guidance at 9.750-10.250 EPS. On average, equities research analysts forecast that The J. M. Smucker Company will post 9.89 EPS for the current year.
J. M. Smucker Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Friday, May 15th were issued a dividend of $1.10 per share. The ex-dividend date of this dividend was Friday, May 15th. This represents a $4.40 annualized dividend and a yield of 3.8%. J. M. Smucker's payout ratio is presently -338.46%.
Hedge Funds Weigh In On J. M. Smucker
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. UBS Group AG grew its position in J. M. Smucker by 238.7% during the 4th quarter. UBS Group AG now owns 3,924,282 shares of the company's stock worth $383,834,000 after purchasing an additional 2,765,559 shares in the last quarter. Dimensional Fund Advisors LP grew its position in J. M. Smucker by 15.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,920,718 shares of the company's stock worth $378,102,000 after purchasing an additional 528,418 shares in the last quarter. Invesco Ltd. grew its position in J. M. Smucker by 5.8% during the 4th quarter. Invesco Ltd. now owns 2,783,272 shares of the company's stock worth $272,232,000 after purchasing an additional 151,872 shares in the last quarter. Morgan Stanley grew its position in J. M. Smucker by 16.8% during the 4th quarter. Morgan Stanley now owns 2,486,596 shares of the company's stock worth $243,214,000 after purchasing an additional 357,253 shares in the last quarter. Finally, Two Sigma Investments LP grew its position in J. M. Smucker by 6,854.4% during the 3rd quarter. Two Sigma Investments LP now owns 1,527,962 shares of the company's stock worth $165,937,000 after purchasing an additional 1,505,991 shares in the last quarter. 81.66% of the stock is currently owned by hedge funds and other institutional investors.
Trending Headlines about J. M. Smucker
Here are the key news stories impacting J. M. Smucker this week:
- Negative Sentiment: An insider sale by Jeannette L. Knudsen of 5,550 shares at an average price of $116.29 may weigh on sentiment, since insider selling can signal caution, even though the transaction was relatively small versus the company’s market value. SEC filing
- Negative Sentiment: Technical commentary flagged SJM as overbought and near resistance, suggesting the recent rally could be running out of momentum and may face near-term pullback pressure. Article
- Negative Sentiment: Seeking Alpha noted that while quarterly earnings beat expectations, fiscal 2027 guidance looks muted, with revenue expected to fall and free cash flow projected to decline, which could limit upside for investors. Article
- Negative Sentiment: TipRanks reported a new risk disclosure related to stakeholder sentiment and activism, adding another governance-related headwind to valuation. Article
- Neutral Sentiment: Analyst and media coverage remains mixed, with TD Cowen issuing a Hold and several articles debating whether Smucker’s recent move has already topped out. Article
- Neutral Sentiment: Jim Cramer said food stocks still have “scarcity value” and referenced Smucker’s pet food, coffee, Uncrustables, and peanut butter businesses, which supports the company’s defensive appeal but is not a direct catalyst. Article
- Neutral Sentiment: Commentary on evolving consumer demand trends suggests investors are still reassessing Smucker’s growth profile, but it does not point to a clear near-term catalyst. Article
Wall Street Analysts Forecast Growth
Several equities research analysts recently commented on the company. Royal Bank Of Canada boosted their target price on J. M. Smucker from $130.00 to $135.00 and gave the stock an "outperform" rating in a report on Wednesday. UBS Group boosted their target price on J. M. Smucker from $121.00 to $130.00 and gave the stock a "buy" rating in a report on Thursday. Bank of America boosted their target price on J. M. Smucker from $130.00 to $132.00 and gave the stock a "buy" rating in a report on Wednesday. Deutsche Bank Aktiengesellschaft reissued a "hold" rating and set a $95.00 target price on shares of J. M. Smucker in a report on Wednesday, May 20th. Finally, Sanford C. Bernstein reissued an "outperform" rating and set a $137.00 target price on shares of J. M. Smucker in a report on Wednesday. Ten analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $121.13.
Check Out Our Latest Report on J. M. Smucker
About J. M. Smucker
(
Get Free Report)
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.
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