The J. M. Smucker Company $SJM Shares Sold by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. trimmed its holdings in The J. M. Smucker Company (NYSE:SJM) by 84.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 98,272 shares of the company’s stock after selling 515,638 shares during the quarter. Robeco Institutional Asset Management B.V. owned 0.09% of J. M. Smucker worth $10,672,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of SJM. Invesco Ltd. boosted its stake in shares of J. M. Smucker by 7.5% in the second quarter. Invesco Ltd. now owns 2,819,028 shares of the company’s stock worth $276,829,000 after buying an additional 195,774 shares during the last quarter. Geode Capital Management LLC lifted its holdings in J. M. Smucker by 1.8% in the second quarter. Geode Capital Management LLC now owns 2,776,561 shares of the company’s stock valued at $271,539,000 after acquiring an additional 49,017 shares during the period. Balyasny Asset Management L.P. boosted its position in J. M. Smucker by 45.4% in the 2nd quarter. Balyasny Asset Management L.P. now owns 2,251,934 shares of the company’s stock worth $221,140,000 after purchasing an additional 703,382 shares in the last quarter. Ilex Capital Partners UK LLP grew its stake in shares of J. M. Smucker by 31.0% during the 2nd quarter. Ilex Capital Partners UK LLP now owns 2,033,615 shares of the company’s stock worth $199,701,000 after purchasing an additional 481,660 shares during the period. Finally, LSV Asset Management increased its holdings in shares of J. M. Smucker by 0.9% during the 2nd quarter. LSV Asset Management now owns 1,391,770 shares of the company’s stock valued at $136,672,000 after purchasing an additional 12,450 shares in the last quarter. Hedge funds and other institutional investors own 81.66% of the company’s stock.

J. M. Smucker Trading Up 2.7%

Shares of J. M. Smucker stock opened at $100.50 on Friday. The company has a current ratio of 0.89, a quick ratio of 0.37 and a debt-to-equity ratio of 1.16. The J. M. Smucker Company has a twelve month low of $93.30 and a twelve month high of $121.48. The firm has a market capitalization of $10.72 billion, a PE ratio of -8.96, a P/E/G ratio of 6.65 and a beta of 0.23. The firm’s 50-day moving average price is $101.74 and its 200 day moving average price is $105.17.

J. M. Smucker (NYSE:SJM) last posted its quarterly earnings data on Tuesday, November 25th. The company reported $2.10 EPS for the quarter, missing the consensus estimate of $2.12 by ($0.02). The firm had revenue of $2.33 billion for the quarter, compared to analysts’ expectations of $2.32 billion. J. M. Smucker had a positive return on equity of 15.26% and a negative net margin of 13.61%.J. M. Smucker’s quarterly revenue was up 2.6% on a year-over-year basis. During the same quarter last year, the firm posted $2.76 earnings per share. J. M. Smucker has set its FY 2026 guidance at 8.750-9.250 EPS. On average, sell-side analysts predict that The J. M. Smucker Company will post 9.88 EPS for the current fiscal year.

J. M. Smucker Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Friday, November 14th were issued a $1.10 dividend. The ex-dividend date was Friday, November 14th. This represents a $4.40 dividend on an annualized basis and a yield of 4.4%. J. M. Smucker’s dividend payout ratio (DPR) is presently -39.22%.

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. UBS Group lowered their price target 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. Morgan Stanley lowered their target price on shares of J. M. Smucker from $118.00 to $115.00 and set an “overweight” rating on the stock in a research note on Wednesday, November 26th. Stifel Nicolaus cut their price target on 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. Sanford C. Bernstein increased their price target on J. M. Smucker from $110.00 to $113.00 and gave the stock a “market perform” rating in a research report on Wednesday, November 26th. Finally, Argus lowered J. M. Smucker from a “buy” rating to a “hold” rating in a report on Friday, September 12th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $115.64.

J. M. Smucker 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.