The J. M. Smucker Company $SJM Shares Acquired by DNB Asset Management AS

DNB Asset Management AS boosted its stake in The J. M. Smucker Company (NYSE:SJM) by 101.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 54,661 shares of the company’s stock after buying an additional 27,522 shares during the period. DNB Asset Management AS’s holdings in J. M. Smucker were worth $5,936,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. AlphaQuest LLC bought a new position in shares of J. M. Smucker during the second quarter worth about $26,000. CYBER HORNET ETFs LLC bought a new position in J. M. Smucker in the 2nd quarter worth about $27,000. Elevation Point Wealth Partners LLC acquired a new stake in shares of J. M. Smucker in the second quarter valued at approximately $28,000. Root Financial Partners LLC bought a new stake in shares of J. M. Smucker during the third quarter valued at approximately $29,000. Finally, MUFG Securities EMEA plc acquired a new position in shares of J. M. Smucker during the second quarter worth approximately $31,000. 81.66% of the stock is currently owned by institutional investors.

J. M. Smucker News Summary

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

• Positive Sentiment: Activist resolution — Elliott secured two board seats and Smucker agreed to add two independent directors; the development sparked a strong investor rally. Reuters: J.M. Smucker adds two directors after private discussions with activist Elliott
• Positive Sentiment: Earnings beat and revenue growth — Q3 adjusted EPS $2.38 vs. $2.27 est; revenue $2.34B, +7% YoY driven by pricing in the coffee business, which helped offset cost headwinds. This beat underpins near‑term confidence. Zacks: Smucker Q3 Earnings Beat
• Positive Sentiment: Analyst upgrades and higher targets — Wells Fargo raised its target to $135 (Overweight) and Sanford C. Bernstein raised its target to $121 (Market Perform); JPMorgan also nudged its target higher. These raises provide additional buy‑side support. Benzinga: Analyst target updates TickerReport: Wells Fargo note
• Neutral Sentiment: Earnings materials and call — The company posted its slide deck, earnings presentation and call transcript, which give more detail on margin drivers, capital allocation and guidance adjustments for investors doing deeper due diligence. Seeking Alpha: Q3 Results Presentation
• Negative Sentiment: Guidance headwinds and cost pressures — Management trimmed its sales‑growth outlook citing a recent manufacturing‑facility fire; higher green‑coffee costs and tariffs pressured year‑over‑year earnings despite the beat. These factors limit upside until guidance and cost trends stabilize. WSJ: Sales rise but guidance lowered after plant fire

Analyst Ratings Changes

SJM has been the topic of several recent analyst reports. Weiss Ratings reaffirmed a “sell (d)” rating on shares of J. M. Smucker in a research note on Wednesday, January 21st. Morgan Stanley restated an “equal weight” rating and set a $105.00 price objective (down from $115.00) on shares of J. M. Smucker in a research note on Friday, January 16th. Wells Fargo & Company upped their price objective on shares of J. M. Smucker from $120.00 to $135.00 and gave the stock an “overweight” rating in a report on Friday. Canaccord Genuity Group raised shares of J. M. Smucker to a “buy” rating in a research note on Friday, January 16th. Finally, Wall Street Zen upgraded shares of J. M. Smucker from a “hold” rating to a “buy” rating in a research report on Saturday. Eight investment analysts have rated the stock with 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 a consensus target price of $118.00.

J. M. Smucker Trading Up 0.0%

Shares of SJM stock opened at $116.06 on Monday. The stock has a 50-day simple moving average of $104.10 and a 200 day simple moving average of $105.33. The stock has a market capitalization of $12.38 billion, a P/E ratio of -9.84, a P/E/G ratio of 7.06 and a beta of 0.22. The J. M. Smucker Company has a fifty-two week low of $93.30 and a fifty-two week high of $121.48. The company has a quick ratio of 0.35, a current ratio of 0.84 and a debt-to-equity ratio of 1.31.

J. M. Smucker (NYSE:SJM) last issued its quarterly earnings results on Thursday, February 26th. The company reported $2.38 earnings per share for the quarter, beating analysts’ consensus estimates of $2.27 by $0.11. J. M. Smucker had a negative net margin of 14.07% and a positive return on equity of 15.94%. The company had revenue of $2.34 billion during the quarter, compared to the consensus estimate of $2.32 billion. During the same period in the prior year, the company earned $2.61 EPS. J. M. Smucker’s revenue was up 7.0% on a year-over-year basis. On average, sell-side analysts expect that The J. M. Smucker Company will post 9.88 earnings per share for the current fiscal year.

J. M. Smucker Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Investors 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 3.8%. J. M. Smucker’s dividend payout ratio is currently -37.32%.

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.