Mitsubishi UFJ Asset Management Co. Ltd. Increases Stock Holdings in The J. M. Smucker Company $SJM

Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in The J. M. Smucker Company (NYSE:SJM) by 5.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 259,084 shares of the company’s stock after purchasing an additional 14,335 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. owned approximately 0.24% of J. M. Smucker worth $28,137,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of SJM. Norges Bank acquired a new position in J. M. Smucker in the 2nd quarter valued at $112,829,000. Engineers Gate Manager LP acquired a new stake in shares of J. M. Smucker in the 2nd quarter worth $109,896,000. Assenagon Asset Management S.A. boosted its holdings in shares of J. M. Smucker by 811.0% in the third quarter. Assenagon Asset Management S.A. now owns 919,139 shares of the company’s stock valued at $99,818,000 after acquiring an additional 818,245 shares in the last quarter. Balyasny Asset Management L.P. increased its stake in shares of J. M. Smucker by 45.4% during the second quarter. Balyasny Asset Management L.P. now owns 2,251,934 shares of the company’s stock worth $221,140,000 after acquiring an additional 703,382 shares during the period. Finally, Ilex Capital Partners UK LLP increased its stake in shares of J. M. Smucker by 31.0% during the second quarter. Ilex Capital Partners UK LLP now owns 2,033,615 shares of the company’s stock worth $199,701,000 after acquiring an additional 481,660 shares during the period. 81.66% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages recently commented on SJM. Weiss Ratings restated a “sell (d)” rating on shares of J. M. Smucker in a research report on Wednesday, January 21st. Sanford C. Bernstein increased their target price on J. M. Smucker from $113.00 to $121.00 and gave the stock a “market perform” rating in a research note on Friday. Wells Fargo & Company lifted their price target on J. M. Smucker from $120.00 to $135.00 and gave the company an “overweight” rating in a research note on Friday. Canaccord Genuity Group raised J. M. Smucker to a “buy” rating in a report on Friday, January 16th. Finally, Stifel Nicolaus reduced their target price on J. M. Smucker from $115.00 to $110.00 and set a “hold” rating for the company in a report on Wednesday, November 26th. Eight equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $118.00.

J. M. Smucker Stock Performance

SJM opened at $116.06 on Monday. The J. M. Smucker Company has a 1-year low of $93.30 and a 1-year high of $121.48. The stock has a market cap of $12.38 billion, a P/E ratio of -9.84, a P/E/G ratio of 7.06 and a beta of 0.22. The stock’s 50 day simple moving average is $104.10 and its 200 day simple moving average is $105.33. The company has a debt-to-equity ratio of 1.31, a current ratio of 0.84 and a quick ratio of 0.35.

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

J. M. Smucker Announces Dividend

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

Key Stories 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

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.