The J. M. Smucker Company (NYSE:SJM) Receives $114.93 Average Target Price from Brokerages

The J. M. Smucker Company (NYSE:SJM) has received a consensus rating of “Hold” from the eighteen research firms that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and seven have assigned a buy rating to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $114.9286.

Several analysts have recently weighed in on the stock. Citigroup restated a “hold” rating on shares of J. M. Smucker in a research report on Wednesday, November 26th. UBS Group dropped their price target on J. M. Smucker from $120.00 to $117.00 and set a “buy” rating for the company in a research note on Wednesday, November 26th. TD Cowen reduced their price objective on J. M. Smucker from $111.00 to $105.00 and set a “hold” rating on the stock in a research report on Thursday, January 8th. Weiss Ratings restated a “sell (d)” rating on shares of J. M. Smucker in a research report on Wednesday, January 21st. Finally, Stifel Nicolaus cut their target price on J. M. Smucker from $115.00 to $110.00 and set a “hold” rating for the company in a research note on Wednesday, November 26th.

Institutional Trading of J. M. Smucker

Several hedge funds have recently added to or reduced their stakes in SJM. UBS Group AG increased its holdings in shares of J. M. Smucker by 238.7% in the fourth quarter. UBS Group AG now owns 3,924,282 shares of the company’s stock worth $383,834,000 after buying an additional 2,765,559 shares during the period. Invesco Ltd. increased its stake in J. M. Smucker by 7.5% in the 2nd quarter. Invesco Ltd. now owns 2,819,028 shares of the company’s stock worth $276,829,000 after purchasing an additional 195,774 shares during the period. Geode Capital Management LLC increased its stake in J. M. Smucker by 1.8% in the 2nd quarter. Geode Capital Management LLC now owns 2,776,561 shares of the company’s stock worth $271,539,000 after purchasing an additional 49,017 shares during the period. Dimensional Fund Advisors LP lifted its position in J. M. Smucker by 10.4% in the third quarter. Dimensional Fund Advisors LP now owns 2,541,357 shares of the company’s stock valued at $275,982,000 after purchasing an additional 239,586 shares during the last quarter. Finally, Balyasny Asset Management L.P. boosted its stake in shares of J. M. Smucker by 45.4% during the second quarter. Balyasny Asset Management L.P. now owns 2,251,934 shares of the company’s stock valued at $221,140,000 after purchasing an additional 703,382 shares during the period. 81.66% of the stock is owned by institutional investors.

J. M. Smucker Stock Performance

NYSE:SJM opened at $109.64 on Friday. The stock has a market cap of $11.70 billion, a P/E ratio of -9.77, a PEG ratio of 7.45 and a beta of 0.23. The company has a quick ratio of 0.37, a current ratio of 0.89 and a debt-to-equity ratio of 1.16. The business’s 50-day moving average price is $101.21 and its two-hundred day moving average price is $105.31. J. M. Smucker has a twelve month low of $93.30 and a twelve month high of $121.48.

J. M. Smucker (NYSE:SJM) last issued its quarterly earnings data on Tuesday, November 25th. The company reported $2.10 EPS for the quarter, missing the consensus estimate of $2.12 by ($0.02). The business 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%.The firm’s revenue for the quarter was up 2.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.76 EPS. J. M. Smucker has set its FY 2026 guidance at 8.750-9.250 EPS. As a group, equities analysts predict that J. M. Smucker will post 9.88 EPS for the current fiscal year.

J. M. Smucker Dividend Announcement

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

About J. M. Smucker

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.