Tredje AP fonden Purchases 14,543 Shares of The J. M. Smucker Company $SJM

Tredje AP fonden increased its holdings in The J. M. Smucker Company (NYSE:SJM) by 117.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,886 shares of the company’s stock after purchasing an additional 14,543 shares during the period. Tredje AP fonden’s holdings in J. M. Smucker were worth $2,920,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. AlphaQuest LLC bought a new position in J. M. Smucker in the 2nd quarter valued at $26,000. Bank of Jackson Hole Trust boosted its stake in J. M. Smucker by 104.5% in the 2nd quarter. Bank of Jackson Hole Trust now owns 274 shares of the company’s stock worth $27,000 after purchasing an additional 140 shares in the last quarter. CYBER HORNET ETFs LLC purchased a new stake in J. M. Smucker during the 2nd quarter valued at about $27,000. Elevation Point Wealth Partners LLC purchased a new stake in shares of J. M. Smucker in the 2nd quarter valued at $28,000. Finally, Root Financial Partners LLC acquired a new stake in J. M. Smucker during the third quarter worth about $29,000. 81.66% of the stock is currently owned by institutional investors.

J. M. Smucker Stock Performance

Shares of NYSE SJM opened at $110.37 on Friday. The J. M. Smucker Company has a 1 year low of $93.30 and a 1 year high of $121.48. The stock has a fifty day moving average price of $102.95 and a two-hundred day moving average price of $105.34. The firm has a market cap of $11.78 billion, a P/E ratio of -9.84, a PEG ratio of 7.51 and a beta of 0.23. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.37 and a current ratio of 0.89.

J. M. Smucker (NYSE:SJM) last posted 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). The company had revenue of $2.33 billion for the quarter, compared to analysts’ expectations of $2.32 billion. J. M. Smucker had a negative net margin of 13.61% and a positive return on equity of 15.26%. The company’s revenue was up 2.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.76 earnings per share. J. M. Smucker has set its FY 2026 guidance at 8.750-9.250 EPS. Research analysts forecast that The J. M. Smucker Company will post 9.88 EPS for the current fiscal year.

J. M. Smucker Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Friday, February 13th will be issued a dividend of $1.10 per share. The ex-dividend date is Friday, February 13th. This represents a $4.40 annualized dividend and a dividend yield of 4.0%. J. M. Smucker’s payout ratio is presently -39.22%.

Analysts Set New Price Targets

Several research analysts recently weighed in on SJM shares. Stifel Nicolaus reduced their price target on shares of J. M. Smucker from $115.00 to $110.00 and set a “hold” rating for the company in a research report on Wednesday, November 26th. Canaccord Genuity Group upgraded J. M. Smucker to a “buy” rating in a report on Friday, January 16th. Weiss Ratings restated a “sell (d)” rating on shares of J. M. Smucker in a report on Wednesday, January 21st. UBS Group lowered their target price on J. M. Smucker from $120.00 to $117.00 and set a “buy” rating for the company in a report on Wednesday, November 26th. Finally, Sanford C. Bernstein upped their price objective 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. Seven equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $115.43.

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.