J. M. Smucker (NYSE:SJM) Announces Earnings Results, Beats Estimates By $0.06 EPS

J. M. Smucker (NYSE:SJM) announced its quarterly earnings data on Tuesday. The company reported $2.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.25 by $0.06, Briefing.com reports. J. M. Smucker had a return on equity of 14.35% and a net margin of 5.96%. The firm had revenue of $2.14 billion for the quarter, compared to analysts’ expectations of $2.18 billion. During the same quarter in the prior year, the firm posted $2.66 earnings per share. J. M. Smucker’s revenue for the quarter was down 2.8% compared to the same quarter last year. J. M. Smucker updated its FY 2026 guidance to 8.500-9.500 EPS.

J. M. Smucker Stock Down 15.7%

Shares of J. M. Smucker stock opened at $94.32 on Wednesday. The business’s fifty day moving average price is $113.27 and its two-hundred day moving average price is $111.09. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.58 and a quick ratio of 0.27. The company has a market capitalization of $10.04 billion, a P/E ratio of 19.09, a PEG ratio of 3.91 and a beta of 0.35. J. M. Smucker has a 1-year low of $93.93 and a 1-year high of $125.42.

J. M. Smucker Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Investors of record on Friday, May 16th were issued a $1.08 dividend. This represents a $4.32 annualized dividend and a dividend yield of 4.58%. The ex-dividend date was Friday, May 16th. J. M. Smucker’s dividend payout ratio (DPR) is -179.25%.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. Stifel Nicolaus set a $120.00 target price on J. M. Smucker in a report on Tuesday. DA Davidson reduced their target price on J. M. Smucker from $122.00 to $120.00 and set a “neutral” rating on the stock in a report on Tuesday, March 11th. Barclays reduced their target price on J. M. Smucker from $123.00 to $119.00 and set an “equal weight” rating on the stock in a report on Monday, March 3rd. Wall Street Zen raised J. M. Smucker from a “sell” rating to a “hold” rating in a report on Friday, March 28th. Finally, UBS Group reduced their target price on J. M. Smucker from $134.00 to $129.00 and set a “buy” rating on the stock in a report on Friday, June 6th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $125.30.

Insider Buying and Selling at J. M. Smucker

In other J. M. Smucker news, CFO Tucker H. Marshall sold 5,028 shares of J. M. Smucker stock in a transaction on Thursday, March 13th. The stock was sold at an average price of $113.36, for a total transaction of $569,974.08. Following the sale, the chief financial officer now owns 13,263 shares of the company’s stock, valued at $1,503,493.68. The trade was a 27.49% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Jill R. Penrose sold 5,117 shares of J. M. Smucker stock in a transaction on Friday, March 28th. The shares were sold at an average price of $116.26, for a total value of $594,902.42. Following the sale, the insider now directly owns 8,794 shares in the company, valued at $1,022,390.44. The trade was a 36.78% decrease in their position. The disclosure for this sale can be found here. 3.40% of the stock is owned by company insiders.

Institutional Trading of J. M. Smucker

Hedge funds have recently added to or reduced their stakes in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in J. M. Smucker by 10.0% during 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 acquiring an additional 1,763 shares in the last quarter. Empowered Funds LLC increased its position in shares of J. M. Smucker by 28.6% during the 1st quarter. Empowered Funds LLC now owns 12,992 shares of the company’s stock valued at $1,538,000 after purchasing an additional 2,889 shares during the period. Woodline Partners LP increased 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 purchasing an additional 2,600 shares during the period. Finally, United Services Automobile Association acquired a new position in shares of J. M. Smucker during the 1st quarter valued at $253,000. Institutional investors own 81.66% of the company’s stock.

J. M. Smucker Company Profile

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.