The J. M. Smucker Company $SJM Shares Sold by Creative Financial Designs Inc. ADV

Creative Financial Designs Inc. ADV cut its holdings in shares of The J. M. Smucker Company (NYSE:SJM) by 94.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 812 shares of the company’s stock after selling 15,174 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in J. M. Smucker were worth $80,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Tortoise Investment Management LLC boosted its position in J. M. Smucker by 87.0% during the first quarter. Tortoise Investment Management LLC now owns 215 shares of the company’s stock worth $25,000 after acquiring an additional 100 shares during the last quarter. N.E.W. Advisory Services LLC acquired a new position in shares of J. M. Smucker during the 1st quarter worth approximately $30,000. Nova Wealth Management Inc. acquired a new position in shares of J. M. Smucker during the 2nd quarter worth approximately $25,000. Cooksen Wealth LLC acquired a new position in shares of J. M. Smucker during the 1st quarter worth approximately $33,000. Finally, AlphaQuest LLC acquired a new position in J. M. Smucker during the second quarter worth $26,000. 81.66% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other J. M. Smucker news, CFO Tucker H. Marshall sold 11,139 shares of the company’s stock in a transaction on Tuesday, September 30th. The stock was sold at an average price of $108.11, for a total transaction of $1,204,237.29. Following the transaction, the chief financial officer directly owned 33,864 shares in the company, valued at $3,661,037.04. This represents a 24.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 2.24% of the stock is owned by company insiders.

J. M. Smucker Trading Down 0.1%

NYSE SJM opened at $103.40 on Tuesday. The firm’s 50-day moving average is $106.82 and its two-hundred day moving average is $107.85. The J. M. Smucker Company has a 12 month low of $93.30 and a 12 month high of $125.42. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.81 and a quick ratio of 0.34. The stock has a market capitalization of $11.03 billion, a P/E ratio of -7.54, a PEG ratio of 6.97 and a beta of 0.25.

J. M. Smucker (NYSE:SJM) last posted its earnings results on Wednesday, August 27th. The company reported $1.90 EPS for the quarter, missing analysts’ consensus estimates of $1.95 by ($0.05). J. M. Smucker had a negative net margin of 16.75% and a positive return on equity of 15.41%. The company had revenue of $2.11 billion during the quarter, compared to analyst estimates of $2.09 billion. During the same period in the previous year, the company earned $2.44 EPS. The company’s quarterly revenue was down .6% compared to the same quarter last year. J. M. Smucker has set its FY 2026 guidance at 8.500-9.500 EPS. On average, sell-side analysts anticipate that The J. M. Smucker Company will post 9.88 earnings per share for the current year.

J. M. Smucker Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, December 1st. Shareholders of record on Friday, November 14th will be paid a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date is Friday, November 14th. J. M. Smucker’s dividend payout ratio is -32.09%.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on SJM shares. JPMorgan Chase & Co. lowered their price objective on J. M. Smucker from $129.00 to $126.00 and set an “overweight” rating on the stock in a research note on Thursday, August 28th. UBS Group lowered their price target on shares of J. M. Smucker from $130.00 to $121.00 and set a “buy” rating on the stock in a research report on Thursday, August 28th. BNP Paribas raised shares of J. M. Smucker from a “strong sell” rating to a “strong-buy” rating in a research report on Wednesday, July 9th. Zacks Research upgraded shares of J. M. Smucker to a “hold” rating in a report on Monday, August 11th. Finally, Barclays reiterated an “equal weight” rating and issued a $105.00 target price on shares of J. M. Smucker in a report on Friday, August 29th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $118.38.

J. M. Smucker Profile

The J. M. Smucker Company manufactures and markets branded food and beverage products worldwide. It operates in three segments: U.S. Retail Pet Foods, U.S. Retail Coffee, and U.S. Retail Consumer Foods. The company offers mainstream roast, ground, single serve, and premium coffee; peanut butter and specialty spreads; fruit spreads, toppings, and syrups; jelly products; nut mix products; shortening and oils; frozen sandwiches and snacks; pet food and pet snacks; and foodservice hot beverage, foodservice portion control, and flour products, as well as dog and cat food, frozen handheld products, juices and beverages, and baking mixes and ingredients.