The J. M. Smucker Company $SJM Shares Purchased by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in The J. M. Smucker Company (NYSE:SJM) by 5.9% during the third quarter, Holdings Channel.com reports. The institutional investor owned 259,084 shares of the company’s stock after acquiring an additional 14,335 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in J. M. Smucker were worth $28,137,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. AlphaQuest LLC acquired a new position in shares of J. M. Smucker in the second quarter worth $26,000. CYBER HORNET ETFs LLC purchased a new stake in J. M. Smucker during the 2nd quarter worth about $27,000. Elevation Point Wealth Partners LLC acquired a new position in J. M. Smucker in the 2nd quarter valued at about $28,000. Root Financial Partners LLC acquired a new position in J. M. Smucker in the 3rd quarter valued at about $29,000. Finally, MUFG Securities EMEA plc purchased a new position in J. M. Smucker in the 2nd quarter valued at about $31,000. Hedge funds and other institutional investors own 81.66% of the company’s stock.

Key Headlines Impacting J. M. Smucker

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

• Positive Sentiment: Activist resolution — Elliott secured two board seats and Smucker agreed to add two independent directors; the development sparked a strong investor rally. Reuters: J.M. Smucker adds two directors after private discussions with activist Elliott
• Positive Sentiment: Earnings beat and revenue growth — Q3 adjusted EPS $2.38 vs. $2.27 est; revenue $2.34B, +7% YoY driven by pricing in the coffee business, which helped offset cost headwinds. This beat underpins near‑term confidence. Zacks: Smucker Q3 Earnings Beat
• Positive Sentiment: Analyst upgrades and higher targets — Wells Fargo raised its target to $135 (Overweight) and Sanford C. Bernstein raised its target to $121 (Market Perform); JPMorgan also nudged its target higher. These raises provide additional buy‑side support. Benzinga: Analyst target updates TickerReport: Wells Fargo note
• Neutral Sentiment: Earnings materials and call — The company posted its slide deck, earnings presentation and call transcript, which give more detail on margin drivers, capital allocation and guidance adjustments for investors doing deeper due diligence. Seeking Alpha: Q3 Results Presentation
• Negative Sentiment: Guidance headwinds and cost pressures — Management trimmed its sales‑growth outlook citing a recent manufacturing‑facility fire; higher green‑coffee costs and tariffs pressured year‑over‑year earnings despite the beat. These factors limit upside until guidance and cost trends stabilize. WSJ: Sales rise but guidance lowered after plant fire

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. Canaccord Genuity Group upgraded shares of J. M. Smucker to a “buy” rating in a report on Friday, January 16th. Wall Street Zen upgraded J. M. Smucker from a “hold” rating to a “buy” rating in a report on Saturday. Wells Fargo & Company increased their price target on J. M. Smucker from $120.00 to $135.00 and gave the stock an “overweight” rating in a research note on Friday. Bank of America raised J. M. Smucker from a “neutral” rating to a “buy” rating and set a $130.00 price objective for the company in a research report on Monday, February 23rd. Finally, Citigroup reiterated a “hold” rating on shares of J. M. Smucker in a research report on Wednesday, November 26th. Eight 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’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $118.00.

J. M. Smucker Trading Up 0.0%

Shares of SJM opened at $116.06 on Monday. The J. M. Smucker Company has a twelve month low of $93.30 and a twelve month high of $121.48. The firm has a market capitalization of $12.38 billion, a P/E ratio of -9.84, a price-to-earnings-growth ratio of 7.06 and a beta of 0.22. 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 stock’s fifty day simple moving average is $104.10 and its 200 day simple moving average is $105.33.

J. M. Smucker (NYSE:SJM) last announced its quarterly earnings results on Thursday, February 26th. The company reported $2.38 EPS for the quarter, topping the consensus estimate of $2.27 by $0.11. The company had revenue of $2.34 billion during the quarter, compared to analyst estimates of $2.32 billion. J. M. Smucker had a positive return on equity of 15.94% and a negative net margin of 14.07%.The firm’s revenue was up 7.0% on a year-over-year basis. During the same period in the prior year, the firm posted $2.61 earnings per share. On average, equities research analysts forecast that The J. M. Smucker Company will post 9.88 earnings per share for the current year.

J. M. Smucker Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Investors of record on Friday, February 13th will be issued a $1.10 dividend. The ex-dividend date is Friday, February 13th. This represents a $4.40 annualized dividend and a yield of 3.8%. J. M. Smucker’s dividend payout ratio (DPR) is presently -37.32%.

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.