The J. M. Smucker Company $SJM Shares Acquired by Tobam

Tobam increased its holdings in shares of The J. M. Smucker Company (NYSE:SJM) by 537.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,238 shares of the company’s stock after acquiring an additional 8,631 shares during the period. Tobam’s holdings in J. M. Smucker were worth $1,112,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of SJM. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of J. M. Smucker by 10.0% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,440 shares of the company’s stock valued at $2,286,000 after purchasing an additional 1,763 shares in the last quarter. United Services Automobile Association acquired a new position in J. M. Smucker during the first quarter worth about $253,000. Empowered Funds LLC increased its holdings in J. M. Smucker by 28.6% in the first quarter. Empowered Funds LLC now owns 12,992 shares of the company’s stock valued at $1,538,000 after buying an additional 2,889 shares in the last quarter. Woodline Partners LP lifted its position in shares of J. M. Smucker by 40.7% during the 1st quarter. Woodline Partners LP now owns 8,990 shares of the company’s stock valued at $1,065,000 after acquiring an additional 2,600 shares during the period. Finally, Vanguard Personalized Indexing Management LLC boosted its stake in shares of J. M. Smucker by 2.3% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 11,642 shares of the company’s stock worth $1,143,000 after acquiring an additional 264 shares in the last quarter. Hedge funds and other institutional investors own 81.66% of the company’s stock.

Analyst Upgrades and Downgrades

SJM has been the subject of several research analyst reports. Weiss Ratings reaffirmed a “sell (d)” rating on shares of J. M. Smucker in a research note on Wednesday, January 21st. UBS Group cut their price target on J. M. Smucker from $120.00 to $117.00 and set a “buy” rating for the company in a research note on Wednesday, November 26th. TD Cowen lowered their price objective on shares of J. M. Smucker from $111.00 to $105.00 and set a “hold” rating on the stock in a research note on Thursday, January 8th. Stifel Nicolaus dropped their target price on shares of J. M. Smucker from $115.00 to $110.00 and set a “hold” rating for the company in a report on Wednesday, November 26th. Finally, Canaccord Genuity Group upgraded shares of J. M. Smucker to a “buy” rating in a research 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 assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $114.93.

J. M. Smucker Trading Down 0.4%

Shares of J. M. Smucker stock opened at $110.54 on Monday. The company has a quick ratio of 0.37, a current ratio of 0.89 and a debt-to-equity ratio of 1.16. The firm has a market cap of $11.79 billion, a PE ratio of -9.85, a P/E/G ratio of 7.52 and a beta of 0.23. The business’s fifty day moving average is $102.11 and its two-hundred day moving average is $105.32. The J. M. Smucker Company has a fifty-two week low of $93.30 and a fifty-two week high of $121.48.

J. M. Smucker (NYSE:SJM) last announced its quarterly earnings data on Tuesday, November 25th. The company reported $2.10 earnings per share for the quarter, missing the consensus estimate of $2.12 by ($0.02). J. M. Smucker had a positive return on equity of 15.26% and a negative net margin of 13.61%.The company had revenue of $2.33 billion for the quarter, compared to analysts’ expectations of $2.32 billion. During the same quarter in the previous year, the company earned $2.76 earnings per share. The company’s revenue was up 2.6% on a year-over-year basis. J. M. Smucker has set its FY 2026 guidance at 8.750-9.250 EPS. Analysts anticipate 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 4.0%. J. M. Smucker’s dividend payout ratio (DPR) is presently -39.22%.

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.