The J. M. Smucker Company $SJM Shares Sold by TD Asset Management Inc

TD Asset Management Inc lessened its holdings in shares of The J. M. Smucker Company (NYSE:SJM) by 19.6% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 103,028 shares of the company’s stock after selling 25,068 shares during the quarter. TD Asset Management Inc’s holdings in J. M. Smucker were worth $10,077,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Aquatic Capital Management LLC acquired a new position in shares of J. M. Smucker during the third quarter valued at $9,444,000. Neo Ivy Capital Management acquired a new stake in J. M. Smucker in the third quarter worth about $997,000. Murphy Middleton Hinkle & Parker Inc. acquired a new stake in J. M. Smucker in the fourth quarter worth about $1,406,000. Dorato Capital Management bought a new position in J. M. Smucker in the 4th quarter valued at about $1,682,000. Finally, Polianta Ltd bought a new position in J. M. Smucker in the 4th quarter valued at about $1,457,000. 81.66% of the stock is owned by institutional investors.

J. M. Smucker Stock Up 10.0%

SJM stock opened at $111.94 on Wednesday. The firm has a market cap of $11.94 billion, a PE ratio of -9.49, a P/E/G ratio of 6.89 and a beta of 0.27. The J. M. Smucker Company has a 12 month low of $88.25 and a 12 month high of $119.39. The company has a debt-to-equity ratio of 1.31, a current ratio of 0.84 and a quick ratio of 0.35. The firm has a 50 day simple moving average of $98.37 and a 200 day simple moving average of $101.73.

J. M. Smucker (NYSE:SJM) last posted its quarterly earnings results on Tuesday, June 9th. The company reported $2.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.64 by $0.13. The firm had revenue of $2.27 billion for the quarter, compared to analyst estimates of $2.26 billion. J. M. Smucker had a negative net margin of 14.07% and a positive return on equity of 15.94%. The firm’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.31 earnings per share. J. M. Smucker has set its FY 2027 guidance at 9.750-10.250 EPS. Equities research analysts forecast that The J. M. Smucker Company will post 9.03 earnings per share for the current fiscal year.

J. M. Smucker Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Friday, May 15th were issued a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date was Friday, May 15th. J. M. Smucker’s payout ratio is presently -37.32%.

Analysts Set New Price Targets

A number of analysts have commented on SJM shares. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $95.00 price target on shares of J. M. Smucker in a research report on Wednesday, May 20th. Stifel Nicolaus lowered their price objective on shares of J. M. Smucker from $120.00 to $100.00 and set a “hold” rating on the stock in a research note on Tuesday, April 21st. UBS Group dropped their target price on J. M. Smucker from $132.00 to $121.00 and set a “buy” rating on the stock in a report on Tuesday, June 2nd. Evercore assumed coverage on J. M. Smucker in a research report on Friday, May 15th. They issued an “outperform” rating and a $117.00 target price for the company. Finally, Bank of America reaffirmed a “buy” rating on shares of J. M. Smucker in a research note on Wednesday. Eleven research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, J. M. Smucker has a consensus rating of “Hold” and an average target price of $116.71.

Key J. M. Smucker News

Here are the key news stories impacting J. M. Smucker this week:

• Positive Sentiment: Fiscal Q4 earnings of $2.77 per share beat estimates, and revenue of $2.27 billion also came in slightly above forecasts, reinforcing confidence in the turnaround. The J.M. Smucker Co. Announces Fiscal Year 2026 Fourth Quarter Results and Provides Full-Year Fiscal 2027 Outlook
• Positive Sentiment: Higher pricing and cost discipline helped expand profits, while the coffee segment was a key driver of the quarter’s outperformance. JM Smucker beats quarterly estimates as coffee segment drives growth
• Neutral Sentiment: Management issued upbeat EPS guidance for fiscal 2027, but revenue guidance was weaker than expected, creating a mixed read-through for investors. J.M. Smucker Expects Sales to Fall This Year
• Negative Sentiment: The company signaled sales may decline next year as volume trends remain soft in coffee and baked goods, which could limit upside if pricing momentum fades. J.M. Smucker Stock Rises. Earnings and Guidance Go in Opposite Directions.

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.