The J. M. Smucker Company $SJM Shares Acquired by Vest Financial LLC

Vest Financial LLC lifted its position in The J. M. Smucker Company (NYSE:SJM) by 11.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 504,715 shares of the company’s stock after acquiring an additional 50,523 shares during the quarter. Vest Financial LLC owned 0.47% of J. M. Smucker worth $54,812,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in SJM. AlphaQuest LLC acquired a new position in J. M. Smucker in the second quarter valued at approximately $26,000. Bank of Jackson Hole Trust grew its position in shares of J. M. Smucker by 104.5% during the second quarter. Bank of Jackson Hole Trust now owns 274 shares of the company’s stock worth $27,000 after acquiring an additional 140 shares during the last quarter. CYBER HORNET ETFs LLC bought a new stake in J. M. Smucker in the 2nd quarter valued at about $27,000. Elevation Point Wealth Partners LLC acquired a new stake in shares of J. M. Smucker in the second quarter valued at approximately $28,000. Finally, Root Financial Partners LLC acquired a new position in shares of J. M. Smucker during the third quarter worth approximately $29,000. 81.66% of the stock is owned by institutional investors and hedge funds.

J. M. Smucker Price Performance

SJM opened at $103.22 on Wednesday. The stock has a fifty day moving average price of $101.31 and a 200 day moving average price of $105.38. The company has a current ratio of 0.89, a quick ratio of 0.37 and a debt-to-equity ratio of 1.16. 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 $11.01 billion, a price-to-earnings ratio of -9.20, a PEG ratio of 6.95 and a beta of 0.23.

J. M. Smucker (NYSE:SJM) last posted its earnings results on Tuesday, November 25th. The company reported $2.10 EPS 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 business had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.32 billion. During the same period in the previous year, the company earned $2.76 earnings per share. The company’s quarterly revenue was up 2.6% compared to the same quarter last year. J. M. Smucker has set its FY 2026 guidance at 8.750-9.250 EPS. Analysts forecast that The J. M. Smucker Company will post 9.88 EPS for the current fiscal year.

J. M. Smucker Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Friday, February 13th will be paid a $1.10 dividend. This represents a $4.40 annualized dividend and a dividend yield of 4.3%. The ex-dividend date is Friday, February 13th. J. M. Smucker’s dividend payout ratio is currently -39.22%.

Analyst Ratings Changes

A number of research analysts recently commented on the stock. JPMorgan Chase & Co. lowered their price objective on shares of J. M. Smucker from $122.00 to $121.00 and set an “overweight” rating on the stock in a research note on Wednesday, November 26th. Stifel Nicolaus lowered their price target on J. M. Smucker from $115.00 to $110.00 and set a “hold” rating on the stock in a research report on Wednesday, November 26th. Morgan Stanley reissued an “equal weight” rating and issued a $105.00 price objective (down previously from $115.00) on shares of J. M. Smucker in a research note on Friday. Weiss Ratings reaffirmed a “sell (d)” rating on shares of J. M. Smucker in a research note on Wednesday, October 8th. Finally, Sanford C. Bernstein boosted their price target on shares of 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. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, J. M. Smucker currently has a consensus rating of “Hold” and an average target price of $114.93.

J. M. Smucker Company 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.