Te Ahumairangi Investment Management Ltd Trims Stake in The J. M. Smucker Company $SJM

Te Ahumairangi Investment Management Ltd reduced its position in The J. M. Smucker Company (NYSE:SJM) by 15.8% during the fourth quarter, HoldingsChannel.com reports. The firm owned 25,870 shares of the company’s stock after selling 4,850 shares during the period. Te Ahumairangi Investment Management Ltd’s holdings in J. M. Smucker were worth $2,530,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SJM. CYBER HORNET ETFs LLC purchased a new stake in J. M. Smucker in the 2nd quarter worth about $27,000. MCF Advisors LLC boosted its stake in shares of J. M. Smucker by 68.1% during the fourth quarter. MCF Advisors LLC now owns 311 shares of the company’s stock valued at $30,000 after purchasing an additional 126 shares during the period. MUFG Securities EMEA plc purchased a new stake in shares of J. M. Smucker during the second quarter valued at $31,000. Fideuram Asset Management Ireland dac purchased a new stake in shares of J. M. Smucker during the fourth quarter valued at $32,000. Finally, Hilton Head Capital Partners LLC purchased a new stake in shares of J. M. Smucker during the fourth quarter valued at $42,000. 81.66% of the stock is owned by hedge funds and other institutional investors.

J. M. Smucker News Summary

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

• Positive Sentiment: J. M. Smucker posted fiscal Q4 earnings and revenue that beat or met expectations, reinforcing the view that its turnaround is gaining traction and that pricing strategy is helping cash generation. Why J.M. Smucker Stock Jumped Today
• Positive Sentiment: Analysts turned more constructive after earnings, with JPMorgan and Wells Fargo both raising price targets and maintaining overweight-style views, which can support the stock near-term. Benzinga analyst target updates
• Positive Sentiment: Coverage highlighting coffee cost relief, Uncrustables growth, and Hostess profit improvement suggests potential margin tailwinds in fiscal 2027. SJM Q4 Earnings Call Flags Coffee Relief, Sales Pressure
• Neutral Sentiment: Several pieces frame the stock as a “hold” or question whether the recent rally has run too far, indicating sentiment is improving but not yet uniformly bullish. JM Smucker (SJM) Gets a Hold from TD Cowen
• Neutral Sentiment: The company’s FY2027 guidance still calls for a 3% to 4% decline in sales and lower free cash flow, which tempers the earnings beat and suggests the recovery story is still in progress.
• Negative Sentiment: Newly disclosed stakeholder-sentiment and activism risk adds another valuation concern, and technical commentary says the shares look overbought and near resistance, which could pressure the stock if momentum fades. Stakeholder Sentiment and Activism: A Growing Valuation Risk for J.M. Smucker

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on SJM. Royal Bank Of Canada boosted their target price on shares of J. M. Smucker from $130.00 to $135.00 and gave the company an “outperform” rating in a research note on Wednesday. Barclays boosted their target price on shares of J. M. Smucker from $103.00 to $125.00 and gave the company an “equal weight” rating in a research note on Thursday. JPMorgan Chase & Co. boosted their target price on shares of J. M. Smucker from $120.00 to $125.00 and gave the company an “overweight” rating in a research note on Wednesday. Bank of America boosted their target price on shares of J. M. Smucker from $130.00 to $132.00 and gave the company a “buy” rating in a research note on Wednesday. Finally, Wall Street Zen lowered shares of J. M. Smucker from a “buy” rating to a “hold” rating in a research note on Sunday, March 8th. Ten investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, J. M. Smucker presently has a consensus rating of “Hold” and an average target price of $121.13.

J. M. Smucker Stock Down 0.1%

NYSE:SJM opened at $116.91 on Friday. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.78 and a quick ratio of 0.35. The J. M. Smucker Company has a 1-year low of $88.25 and a 1-year high of $119.39. The company has a 50-day moving average of $99.22 and a 200 day moving average of $101.91. The firm has a market cap of $12.47 billion, a PE ratio of -89.93, a price-to-earnings-growth ratio of 7.71 and a beta of 0.27.

J. M. Smucker (NYSE:SJM) last issued its earnings results on Tuesday, June 9th. The company reported $2.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.64 by $0.13. J. M. Smucker had a negative net margin of 1.53% and a positive return on equity of 17.18%. The company had revenue of $2.27 billion for the quarter, compared to analysts’ expectations of $2.26 billion. During the same period in the prior year, the business earned $2.31 EPS. The firm’s quarterly revenue 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. As a group, research analysts anticipate that The J. M. Smucker Company will post 9.95 EPS for the current fiscal year.

J. M. Smucker Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Friday, May 15th were given a $1.10 dividend. This represents a $4.40 annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend was Friday, May 15th. J. M. Smucker’s dividend payout ratio is presently -338.46%.

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.