50,309 Shares in The J. M. Smucker Company $SJM Acquired by Thompson Investment Management Inc.

Thompson Investment Management Inc. purchased a new stake in The J. M. Smucker Company (NYSE:SJM) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 50,309 shares of the company’s stock, valued at approximately $5,464,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of J. M. Smucker by 5.3% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 815,412 shares of the company’s stock valued at $96,553,000 after purchasing an additional 41,249 shares during the last quarter. Prudential Financial Inc. raised its stake in shares of J. M. Smucker by 29.5% during the second quarter. Prudential Financial Inc. now owns 74,749 shares of the company’s stock worth $7,340,000 after purchasing an additional 17,032 shares during the last quarter. Integrated Wealth Concepts LLC lifted its holdings in shares of J. M. Smucker by 283.2% during the first quarter. Integrated Wealth Concepts LLC now owns 7,481 shares of the company’s stock worth $886,000 after purchasing an additional 5,529 shares during the period. Marshall Wace LLP purchased a new position in J. M. Smucker in the 2nd quarter valued at $36,434,000. Finally, Swedbank AB grew its position in J. M. Smucker by 7.9% in the 2nd quarter. Swedbank AB now owns 147,812 shares of the company’s stock valued at $14,515,000 after buying an additional 10,813 shares during the last quarter. Institutional investors and hedge funds own 81.66% of the company’s stock.

J. M. Smucker Trading Up 0.5%

Shares of SJM opened at $99.73 on Friday. The J. M. Smucker Company has a twelve month low of $93.30 and a twelve month high of $121.48. The company has a current ratio of 0.89, a quick ratio of 0.37 and a debt-to-equity ratio of 1.16. The firm has a market capitalization of $10.64 billion, a P/E ratio of -8.89, a PEG ratio of 6.77 and a beta of 0.22. The firm’s 50-day moving average is $102.99 and its two-hundred day moving average is $105.14.

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

J. M. Smucker Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Friday, November 14th were issued a $1.10 dividend. The ex-dividend date of this dividend was Friday, November 14th. This represents a $4.40 annualized dividend and a yield of 4.4%. J. M. Smucker’s dividend payout ratio is -39.22%.

Wall Street Analyst Weigh In

SJM has been the subject of a number of analyst reports. Citigroup restated a “hold” rating on shares of J. M. Smucker in a research report on Wednesday, November 26th. UBS Group cut their price target on shares of J. M. Smucker from $120.00 to $117.00 and set a “buy” rating for the company in a report on Wednesday, November 26th. Morgan Stanley lowered their price objective on J. M. Smucker from $118.00 to $115.00 and set an “overweight” rating on the stock in a report on Wednesday, November 26th. Stifel Nicolaus dropped their target price on J. M. Smucker from $115.00 to $110.00 and set a “hold” rating on the stock in a research report on Wednesday, November 26th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of J. M. Smucker in a report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, J. M. Smucker currently has a consensus rating of “Hold” and a consensus price target of $116.79.

Insider Buying and Selling at J. M. Smucker

In other news, CFO Tucker H. Marshall sold 11,139 shares of J. M. Smucker 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 completion of the transaction, the chief financial officer owned 33,864 shares of the company’s stock, valued at $3,661,037.04. The trade was a 24.75% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 2.24% of the stock is currently owned by corporate insiders.

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.