Sanford C. Bernstein Issues Positive Forecast for J. M. Smucker (NYSE:SJM) Stock Price

J. M. Smucker (NYSE:SJM) had its price objective boosted by analysts at Sanford C. Bernstein from $113.00 to $121.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage currently has a “market perform” rating on the stock. Sanford C. Bernstein’s price target suggests a potential upside of 5.68% from the company’s current price.

A number of other research firms also recently issued reports on SJM. Citigroup reissued a “hold” rating on shares of J. M. Smucker in a report on Wednesday, November 26th. Wells Fargo & Company boosted their price target on J. M. Smucker from $120.00 to $135.00 and gave the company an “overweight” rating in a research note on Friday. Weiss Ratings reiterated a “sell (d)” rating on shares of J. M. Smucker in a research report on Wednesday, January 21st. Canaccord Genuity Group upgraded shares of J. M. Smucker to a “buy” rating in a research note on Friday, January 16th. Finally, Bank of America upgraded shares of J. M. Smucker from a “neutral” rating to a “buy” rating and set a $130.00 target price for the company in a research report on Monday. Eight investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, J. M. Smucker currently has a consensus rating of “Hold” and a consensus target price of $118.00.

J. M. Smucker Stock Performance

Shares of NYSE SJM traded down $1.50 during trading hours on Friday, reaching $114.50. 886,768 shares of the stock were exchanged, compared to its average volume of 1,823,644. The firm has a market capitalization of $12.22 billion, a price-to-earnings ratio of -10.23, a P/E/G ratio of 6.52 and a beta of 0.23. The stock’s fifty day simple moving average is $103.75 and its 200 day simple moving average is $105.39. 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 has a 52 week low of $93.30 and a 52 week high of $121.48.

J. M. Smucker (NYSE:SJM) last released its quarterly earnings results on Thursday, February 26th. The company reported $2.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.27 by $0.11. J. M. Smucker had a positive return on equity of 15.26% and a negative net margin of 13.61%.The business had revenue of $2.34 billion during the quarter, compared to the consensus estimate of $2.32 billion. During the same period in the previous year, the company posted $2.61 EPS. The firm’s quarterly revenue was up 7.0% on a year-over-year basis. Sell-side analysts predict that J. M. Smucker will post 9.88 EPS for the current year.

Institutional Investors Weigh In On J. M. Smucker

Large investors have recently added to or reduced their stakes in the business. UBS Group AG raised its position in shares of J. M. Smucker by 238.7% during the fourth 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 during the period. Dimensional Fund Advisors LP raised its holdings in J. M. Smucker by 33.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 3,392,300 shares of the company’s stock worth $331,807,000 after buying an additional 850,943 shares during the last quarter. Invesco Ltd. lifted 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 valued at $276,829,000 after buying an additional 195,774 shares in the last quarter. Geode Capital Management LLC grew its holdings 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 buying an additional 49,017 shares during the last quarter. Finally, Morgan Stanley increased its position in shares of J. M. Smucker by 16.8% during the fourth quarter. Morgan Stanley now owns 2,486,596 shares of the company’s stock worth $243,214,000 after acquiring an additional 357,253 shares in the last quarter. Institutional investors and hedge funds own 81.66% of the company’s stock.

J. M. Smucker News Summary

Here are the key news stories impacting J. M. Smucker this week:

• Positive Sentiment: Wells Fargo raised its price target on SJM to $135 and reiterated an “overweight” rating, implying meaningful upside from current levels and signaling analyst confidence in the company’s recovery and strategic direction. Read More.
• Positive Sentiment: Smucker reached an agreement with activist Elliott that led to the appointment of two independent directors to the board — a governance outcome investors often view positively because it can accelerate strategic or operational changes. Read More.
• Positive Sentiment: Market reaction included a strong intraday rally after the Elliott deal and board expansion news (reports noted roughly a double‑digit percentage jump at one point), reflecting investor optimism about near‑term governance catalysts. Read More.
• Positive Sentiment: Q3 results topped consensus: adjusted EPS of $2.38 vs. $2.27 expected and revenue of $2.34B vs. $2.32B expected; sales rose ~7% year‑over‑year, helped by pricing in the coffee portfolio. That beat supports valuation and shows pricing power. Read More.
• Neutral Sentiment: Earnings presentation and call materials / transcript were posted (useful for details on guidance, segment performance and timing of plant recovery) — investors should review the slides and transcript for management’s forward commentary. Read More.
• Negative Sentiment: Management trimmed its sales‑growth outlook for the year after a recent fire at a manufacturing facility, a near‑term operational headwind that raises uncertainty about production recovery and cost. Read More.
• Negative Sentiment: Despite the beat, adjusted EPS is down year‑over‑year due to higher green‑coffee costs and tariffs; margins remain pressured (company reported a negative net margin), so cost trends and commodity/tariff outlook are key risk factors for upcoming quarters. Read More.

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.