The J. M. Smucker Company $SJM Shares Sold by Creative Financial Designs Inc. ADV

Creative Financial Designs Inc. ADV reduced its holdings in shares of The J. M. Smucker Company (NYSE:SJM) by 94.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 812 shares of the company’s stock after selling 15,174 shares during the period. Creative Financial Designs Inc. ADV’s holdings in J. M. Smucker were worth $80,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Cullen Frost Bankers Inc. increased its position in shares of J. M. Smucker by 2.6% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 3,872 shares of the company’s stock valued at $380,000 after acquiring an additional 97 shares during the period. Tortoise Investment Management LLC increased its holdings in shares of J. M. Smucker by 87.0% in the first quarter. Tortoise Investment Management LLC now owns 215 shares of the company’s stock valued at $25,000 after purchasing an additional 100 shares during the period. Forum Financial Management LP increased its holdings in shares of J. M. Smucker by 3.9% in the first quarter. Forum Financial Management LP now owns 3,113 shares of the company’s stock valued at $369,000 after purchasing an additional 116 shares during the period. SouthState Corp increased its holdings in shares of J. M. Smucker by 6.4% in the first quarter. SouthState Corp now owns 1,976 shares of the company’s stock valued at $234,000 after purchasing an additional 118 shares during the period. Finally, Sit Investment Associates Inc. increased its holdings in J. M. Smucker by 15.4% in the 1st quarter. Sit Investment Associates Inc. now owns 900 shares of the company’s stock worth $107,000 after buying an additional 120 shares during the period. Institutional investors and hedge funds own 81.66% of the company’s stock.

J. M. Smucker Price Performance

J. M. Smucker stock opened at $103.40 on Tuesday. The company’s fifty day moving average price is $106.82 and its 200 day moving average price is $107.85. The J. M. Smucker Company has a 1 year low of $93.30 and a 1 year high of $125.42. The stock has a market capitalization of $11.03 billion, a P/E ratio of -7.54, a P/E/G ratio of 6.97 and a beta of 0.25. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.34 and a current ratio of 0.81.

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

J. M. Smucker Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 1st. Investors of record on Friday, November 14th will be issued a $1.10 dividend. This represents a $4.40 annualized dividend and a yield of 4.3%. The ex-dividend date is Friday, November 14th. J. M. Smucker’s payout ratio is presently -32.09%.

Analysts Set New Price Targets

SJM has been the topic of a number of research reports. UBS Group cut their price objective on shares of J. M. Smucker from $130.00 to $121.00 and set a “buy” rating on the stock in a research note on Thursday, August 28th. Stifel Nicolaus increased their price target on J. M. Smucker from $110.00 to $115.00 and gave the stock a “hold” rating in a research report on Friday, October 24th. Royal Bank Of Canada assumed coverage on J. M. Smucker in a report on Monday, July 7th. They set an “outperform” rating and a $130.00 target price on the stock. JPMorgan Chase & Co. dropped their target price on J. M. Smucker from $129.00 to $126.00 and set an “overweight” rating on the stock in a report on Thursday, August 28th. Finally, Bank of America dropped 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 research note on Thursday, August 28th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, J. M. Smucker has a consensus rating of “Moderate Buy” and an average price target of $118.38.

Insider Transactions at J. M. Smucker

In other news, CFO Tucker H. Marshall sold 11,139 shares of J. M. Smucker stock in a transaction that occurred on Tuesday, September 30th. The stock was sold at an average price of $108.11, for a total value of $1,204,237.29. Following the sale, the chief financial officer directly owned 33,864 shares of the company’s stock, valued at $3,661,037.04. The trade was a 24.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 2.24% of the company’s stock.

About J. M. Smucker

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.