J. M. Smucker (NYSE:SJM) Price Target Lowered to $105.00 at TD Cowen

J. M. Smucker (NYSE:SJM) had its price objective reduced by stock analysts at TD Cowen from $111.00 to $105.00 in a research report issued on Thursday,Benzinga reports. The brokerage presently has a “hold” rating on the stock. TD Cowen’s target price indicates a potential upside of 7.89% from the company’s current price.

A number of other brokerages have also recently weighed in on SJM. Morgan Stanley reduced their price objective on J. M. Smucker from $118.00 to $115.00 and set an “overweight” rating for the company in a research note on Wednesday, November 26th. Sanford C. Bernstein upped their price target on shares of 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. Citigroup reissued a “hold” rating on shares of J. M. Smucker in a research report on Wednesday, November 26th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of J. M. Smucker in a report on Wednesday, October 8th. Finally, Stifel Nicolaus decreased their target price on shares of J. M. Smucker from $115.00 to $110.00 and set a “hold” rating for the company in a research note on Wednesday, November 26th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $115.64.

J. M. Smucker Stock Up 1.9%

Shares of NYSE:SJM traded up $1.84 during trading on Thursday, hitting $97.32. 550,858 shares of the company were exchanged, compared to its average volume of 1,502,491. The firm’s 50 day moving average price is $101.90 and its 200-day moving average price is $105.20. J. M. Smucker has a 12-month low of $93.30 and a 12-month high of $121.48. The company has a debt-to-equity ratio of 1.16, a current ratio of 0.89 and a quick ratio of 0.37. The stock has a market capitalization of $10.38 billion, a P/E ratio of -8.67, a PEG ratio of 6.52 and a beta of 0.23.

J. M. Smucker (NYSE:SJM) last announced its quarterly earnings results on Tuesday, November 25th. The company reported $2.10 EPS for the quarter, missing the consensus estimate 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 quarter in the prior year, the business earned $2.76 earnings per share. J. M. Smucker’s revenue was up 2.6% compared to the same quarter last year. J. M. Smucker has set its FY 2026 guidance at 8.750-9.250 EPS. On average, research analysts predict that J. M. Smucker will post 9.88 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Nova Wealth Management Inc. acquired a new stake in J. M. Smucker in the second quarter valued at $25,000. AlphaQuest LLC purchased a new position in shares of J. M. Smucker in the 2nd quarter valued at about $26,000. Root Financial Partners LLC acquired a new stake in shares of J. M. Smucker in the third quarter valued at about $29,000. Bank of Jackson Hole Trust lifted its stake in shares of J. M. Smucker by 104.5% in the second quarter. Bank of Jackson Hole Trust now owns 274 shares of the company’s stock valued at $27,000 after purchasing an additional 140 shares during the period. Finally, CYBER HORNET ETFs LLC purchased a new stake in J. M. Smucker during the second quarter worth about $27,000. Hedge funds and other institutional investors own 81.66% of the company’s stock.

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.