Hudson Edge Investment Partners Inc. Has $5.36 Million Stake in The J. M. Smucker Company $SJM

Hudson Edge Investment Partners Inc. lifted its holdings in shares of The J. M. Smucker Company (NYSE:SJM) by 14.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 54,623 shares of the company’s stock after purchasing an additional 6,948 shares during the quarter. Hudson Edge Investment Partners Inc.’s holdings in J. M. Smucker were worth $5,364,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. Robeco Institutional Asset Management B.V. increased its stake in J. M. Smucker by 4,906.2% during the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 613,910 shares of the company’s stock worth $60,286,000 after purchasing an additional 601,647 shares in the last quarter. Maverick Capital Ltd. bought a new position in J. M. Smucker in the first quarter valued at approximately $64,125,000. LSV Asset Management boosted its holdings in shares of J. M. Smucker by 48.4% in the first quarter. LSV Asset Management now owns 1,379,320 shares of the company’s stock valued at $163,325,000 after buying an additional 449,920 shares during the period. Caisse DE Depot ET Placement DU Quebec bought a new stake in shares of J. M. Smucker during the first quarter worth $33,055,000. Finally, Dimensional Fund Advisors LP raised its holdings in shares of J. M. Smucker by 12.3% during the first quarter. Dimensional Fund Advisors LP now owns 2,257,127 shares of the company’s stock worth $267,252,000 after acquiring an additional 248,110 shares during the period. 81.66% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at J. M. Smucker

In other news, CFO Tucker H. Marshall sold 11,139 shares of J. M. Smucker stock in a transaction dated Tuesday, September 30th. The shares were sold at an average price of $108.11, for a total value 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. This trade represents a 24.75% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 2.24% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms have issued reports on SJM. Barclays reiterated an “equal weight” rating and set a $105.00 target price on shares of J. M. Smucker in a report on Friday, August 29th. BNP Paribas Exane upgraded J. M. Smucker from an “underperform” rating to an “outperform” rating and set a $120.00 price objective for the company in a report on Wednesday, July 9th. BNP Paribas raised J. M. Smucker from a “strong sell” rating to a “strong-buy” rating in a research report on Wednesday, July 9th. Morgan Stanley upped their price target on J. M. Smucker from $115.00 to $118.00 and gave the stock an “overweight” rating in a research report on Monday, August 18th. Finally, Bank of America lowered their price objective on shares of J. M. Smucker from $120.00 to $118.00 and set a “neutral” rating on the stock in a report on Thursday, August 28th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, J. M. Smucker currently has an average rating of “Moderate Buy” and an average price target of $118.00.

J. M. Smucker Stock Down 0.4%

SJM stock opened at $108.05 on Friday. The company has a quick ratio of 0.34, a current ratio of 0.81 and a debt-to-equity ratio of 1.19. The business has a 50 day moving average price of $109.63 and a two-hundred day moving average price of $109.50. The company has a market cap of $11.53 billion, a price-to-earnings ratio of -7.88, a P/E/G ratio of 7.49 and a beta of 0.25. The J. M. Smucker Company has a twelve month low of $93.30 and a twelve month high of $125.42.

J. M. Smucker (NYSE:SJM) last announced its quarterly earnings data on Wednesday, August 27th. The company reported $1.90 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.95 by ($0.05). The company had revenue of $2.11 billion for the quarter, compared to the consensus estimate of $2.09 billion. J. M. Smucker had a positive return on equity of 15.41% and a negative net margin of 16.75%.The company’s revenue for the quarter was down .6% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.44 EPS. J. M. Smucker has set its FY 2026 guidance at 8.500-9.500 EPS. Analysts anticipate that The J. M. Smucker Company will post 9.88 EPS for the current fiscal year.

J. M. Smucker Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Friday, August 15th were paid a $1.10 dividend. This is an increase from J. M. Smucker’s previous quarterly dividend of $1.08. This represents a $4.40 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date was Friday, August 15th. J. M. Smucker’s dividend payout ratio is -32.09%.

J. M. Smucker Company Profile

The J. M. Smucker Company manufactures and markets branded food and beverage products worldwide. It operates in three segments: U.S. Retail Pet Foods, U.S. Retail Coffee, and U.S. Retail Consumer Foods. The company offers mainstream roast, ground, single serve, and premium coffee; peanut butter and specialty spreads; fruit spreads, toppings, and syrups; jelly products; nut mix products; shortening and oils; frozen sandwiches and snacks; pet food and pet snacks; and foodservice hot beverage, foodservice portion control, and flour products, as well as dog and cat food, frozen handheld products, juices and beverages, and baking mixes and ingredients.