J. M. Smucker (NYSE:SJM) Updates FY 2026 Earnings Guidance

J. M. Smucker (NYSE:SJM) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 8.750-9.250 for the period, compared to the consensus estimate of 9.000. The company issued revenue guidance of $9.0 billion-$9.1 billion, compared to the consensus revenue estimate of $9.1 billion.

J. M. Smucker Price Performance

SJM stock traded up $0.77 during mid-day trading on Thursday, reaching $111.83. 403,951 shares of the company traded hands, compared to its average volume of 1,557,607. The company has a fifty day moving average price of $101.67 and a 200-day moving average price of $105.34. J. M. Smucker has a 52-week low of $93.30 and a 52-week high of $121.48. The company has a market capitalization of $11.93 billion, a P/E ratio of -9.98, a P/E/G ratio of 7.44 and a beta of 0.23. The company has a debt-to-equity ratio of 1.16, a current ratio of 0.89 and a quick ratio of 0.37.

J. M. Smucker (NYSE:SJM) last released its quarterly earnings data on Tuesday, November 25th. The company reported $2.10 EPS for the quarter, missing analysts’ consensus estimates of $2.12 by ($0.02). The firm had revenue of $2.33 billion during the quarter, compared to the consensus estimate of $2.32 billion. J. M. Smucker had a negative net margin of 13.61% and a positive return on equity of 15.26%. J. M. Smucker’s revenue was up 2.6% compared to the same quarter last year. During the same quarter last year, the business posted $2.76 earnings per share. J. M. Smucker has set its FY 2026 guidance at 8.750-9.250 EPS. As a group, analysts anticipate that J. M. Smucker will post 9.88 earnings per share for the current year.

J. M. Smucker Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Friday, February 13th will be given a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date is Friday, February 13th. J. M. Smucker’s payout ratio is -39.22%.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on SJM. Citigroup reaffirmed a “hold” rating on shares of J. M. Smucker in a report on Wednesday, November 26th. Sanford C. Bernstein boosted their target price on J. M. Smucker from $110.00 to $113.00 and gave the stock a “market perform” rating in a research report on Wednesday, November 26th. JPMorgan Chase & Co. lowered their price target on J. M. Smucker from $122.00 to $121.00 and set an “overweight” rating on the stock in a report on Wednesday, November 26th. Stifel Nicolaus dropped their price target on J. M. Smucker from $115.00 to $110.00 and set a “hold” rating for the company in a research report on Wednesday, November 26th. Finally, Canaccord Genuity Group raised J. M. Smucker to a “buy” rating in a report on Friday, January 16th. Seven equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $114.93.

Hedge Funds Weigh In On J. M. Smucker

A number of large investors have recently modified their holdings of SJM. Two Sigma Investments LP boosted its stake in J. M. Smucker by 6,854.4% in the third quarter. Two Sigma Investments LP now owns 1,527,962 shares of the company’s stock worth $165,937,000 after buying an additional 1,505,991 shares in the last quarter. AQR Capital Management LLC lifted its holdings in shares of J. M. Smucker by 339.1% in the 3rd quarter. AQR Capital Management LLC now owns 1,029,222 shares of the company’s stock worth $111,156,000 after acquiring an additional 794,851 shares during the last quarter. Hotchkis & Wiley Capital Management LLC purchased a new stake in shares of J. M. Smucker in the 3rd quarter valued at $55,736,000. Marshall Wace LLP grew its holdings in shares of J. M. Smucker by 136.0% during the 3rd quarter. Marshall Wace LLP now owns 875,738 shares of the company’s stock valued at $95,105,000 after purchasing an additional 504,716 shares during the last quarter. Finally, Amundi grew its holdings in shares of J. M. Smucker by 77.1% during the 3rd quarter. Amundi now owns 825,559 shares of the company’s stock valued at $88,368,000 after purchasing an additional 359,484 shares during the last quarter. 81.66% of the stock is owned by hedge funds and other institutional investors.

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.