The J. M. Smucker Company $SJM Stock Position Boosted by Cibc World Market Inc.

Cibc World Market Inc. boosted its stake in The J. M. Smucker Company (NYSE:SJM) by 36.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 20,624 shares of the company’s stock after acquiring an additional 5,465 shares during the quarter. Cibc World Market Inc.’s holdings in J. M. Smucker were worth $2,017,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SJM. UBS Group AG grew its position in J. M. Smucker by 238.7% in the 4th quarter. UBS Group AG now owns 3,924,282 shares of the company’s stock valued at $383,834,000 after buying an additional 2,765,559 shares in the last quarter. Two Sigma Investments LP grew its position in J. M. Smucker by 6,854.4% in the 3rd quarter. Two Sigma Investments LP now owns 1,527,962 shares of the company’s stock valued at $165,937,000 after buying an additional 1,505,991 shares in the last quarter. National Bank of Canada FI grew its position in J. M. Smucker by 797.4% in the 3rd quarter. National Bank of Canada FI now owns 1,401,173 shares of the company’s stock valued at $152,167,000 after buying an additional 1,245,035 shares in the last quarter. Capitolis Liquid Global Markets LLC bought a new position in J. M. Smucker in the 3rd quarter valued at about $112,944,000. Finally, Norges Bank bought a new position in J. M. Smucker in the 4th quarter valued at about $92,960,000. Institutional investors own 81.66% of the company’s stock.

Trending Headlines about J. M. Smucker

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

• Positive Sentiment: Fiscal Q4 earnings of $2.77 per share beat estimates, and revenue of $2.27 billion also came in slightly above forecasts, reinforcing confidence in the turnaround. The J.M. Smucker Co. Announces Fiscal Year 2026 Fourth Quarter Results and Provides Full-Year Fiscal 2027 Outlook
• Positive Sentiment: Higher pricing and cost discipline helped expand profits, while the coffee segment was a key driver of the quarter’s outperformance. JM Smucker beats quarterly estimates as coffee segment drives growth
• Neutral Sentiment: Management issued upbeat EPS guidance for fiscal 2027, but revenue guidance was weaker than expected, creating a mixed read-through for investors. J.M. Smucker Expects Sales to Fall This Year
• Negative Sentiment: The company signaled sales may decline next year as volume trends remain soft in coffee and baked goods, which could limit upside if pricing momentum fades. J.M. Smucker Stock Rises. Earnings and Guidance Go in Opposite Directions.

Analyst Upgrades and Downgrades

SJM has been the subject of a number of recent analyst reports. Wells Fargo & Company decreased their target price on shares of J. M. Smucker from $135.00 to $125.00 and set an “overweight” rating for the company in a research report on Wednesday, April 8th. UBS Group decreased their target price on J. M. Smucker from $132.00 to $121.00 and set a “buy” rating for the company in a research note on Tuesday, June 2nd. Weiss Ratings reaffirmed a “sell (d)” rating on shares of J. M. Smucker in a research note on Monday, April 20th. BNP Paribas Exane set a $125.00 target price on J. M. Smucker in a research note on Thursday, April 9th. Finally, Sanford C. Bernstein decreased their target price on J. M. Smucker from $145.00 to $134.00 and set an “outperform” rating for the company in a research note on Monday, May 4th. Eleven 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. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $116.71.

J. M. Smucker Stock Performance

NYSE:SJM opened at $111.94 on Wednesday. The J. M. Smucker Company has a twelve month low of $88.25 and a twelve month high of $119.39. The company has a current ratio of 0.84, a quick ratio of 0.35 and a debt-to-equity ratio of 1.31. The company has a 50-day moving average of $98.37 and a 200-day moving average of $101.73. The firm has a market cap of $11.94 billion, a price-to-earnings ratio of -9.49, a price-to-earnings-growth ratio of 6.89 and a beta of 0.27.

J. M. Smucker (NYSE:SJM) last posted its quarterly earnings data on Tuesday, June 9th. The company reported $2.77 earnings per share for the quarter, beating the consensus estimate of $2.64 by $0.13. 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 $2.27 billion during the quarter, compared to analyst estimates of $2.26 billion. During the same quarter last year, the firm posted $2.31 EPS. The business’s revenue for the quarter was up 5.8% on a year-over-year basis. J. M. Smucker has set its FY 2027 guidance at 9.750-10.250 EPS. Analysts forecast that The J. M. Smucker Company will post 9.03 earnings per share for the current fiscal year.

J. M. Smucker Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Friday, May 15th were given a dividend of $1.10 per share. The ex-dividend date was Friday, May 15th. This represents a $4.40 annualized dividend and a dividend yield of 3.9%. J. M. Smucker’s dividend payout ratio (DPR) is -37.32%.

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.