The J. M. Smucker Company (NYSE:SJM) Receives $114.93 Average PT from Analysts

Shares of The J. M. Smucker Company (NYSE:SJM) have been given a consensus rating of “Hold” by the eighteen research firms that are covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, ten have given a hold recommendation and seven have assigned a buy recommendation to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $114.9286.

SJM has been the subject of several recent analyst reports. Morgan Stanley reaffirmed an “equal weight” rating and set a $105.00 price objective (down previously from $115.00) on shares of J. M. Smucker in a research report on Friday, January 16th. Sanford C. Bernstein upped their price target on shares of J. M. Smucker from $110.00 to $113.00 and gave the stock a “market perform” rating in a report on Wednesday, November 26th. UBS Group reduced 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 research report on Wednesday, November 26th. Citigroup restated a “hold” rating on shares of J. M. Smucker in a research note on Wednesday, November 26th. Finally, Canaccord Genuity Group upgraded J. M. Smucker to a “buy” rating in a research note on Friday, January 16th.

Hedge Funds Weigh In On J. M. Smucker

A number of institutional investors have recently added to or reduced their stakes in SJM. UBS Group AG boosted its holdings in shares of J. M. Smucker by 238.7% during the 4th quarter. UBS Group AG now owns 3,924,282 shares of the company’s stock valued at $383,834,000 after acquiring an additional 2,765,559 shares in the last quarter. Invesco Ltd. raised its position in J. M. Smucker by 7.5% in the second quarter. Invesco Ltd. now owns 2,819,028 shares of the company’s stock valued at $276,829,000 after purchasing an additional 195,774 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of J. M. Smucker by 1.8% during the second quarter. Geode Capital Management LLC now owns 2,776,561 shares of the company’s stock valued at $271,539,000 after purchasing an additional 49,017 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of J. M. Smucker by 10.4% during the third quarter. Dimensional Fund Advisors LP now owns 2,541,357 shares of the company’s stock worth $275,982,000 after purchasing an additional 239,586 shares during the last quarter. Finally, Balyasny Asset Management L.P. increased its stake in shares of J. M. Smucker by 45.4% in the second quarter. Balyasny Asset Management L.P. now owns 2,251,934 shares of the company’s stock valued at $221,140,000 after buying an additional 703,382 shares during the period. 81.66% of the stock is currently owned by institutional investors and hedge funds.

J. M. Smucker Stock Up 1.7%

Shares of SJM opened at $109.29 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. J. M. Smucker has a 12 month low of $93.30 and a 12 month high of $121.48. The firm’s 50 day moving average is $101.46 and its 200-day moving average is $105.30. The stock has a market capitalization of $11.66 billion, a PE ratio of -9.74, a P/E/G ratio of 7.31 and a beta of 0.23.

J. M. Smucker (NYSE:SJM) last issued its quarterly earnings results on Tuesday, November 25th. The company reported $2.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.12 by ($0.02). The company had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.32 billion. J. M. Smucker had a positive return on equity of 15.26% and a negative net margin of 13.61%.The company’s quarterly revenue was up 2.6% compared to the same quarter last year. During the same period in the prior year, the company earned $2.76 EPS. J. M. Smucker has set its FY 2026 guidance at 8.750-9.250 EPS. Equities research analysts forecast that J. M. Smucker will post 9.88 EPS for the current year.

J. M. Smucker Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Friday, February 13th will be paid 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 yield of 4.0%. J. M. Smucker’s payout ratio is presently -39.22%.

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.