J. M. Smucker (NYSE:SJM) Updates FY 2026 Earnings Guidance

J. M. Smucker (NYSE:SJM) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 8.500-9.500 for the period, compared to the consensus earnings per share estimate of 10.270. The company issued revenue guidance of $8.9 billion-$9.1 billion, compared to the consensus revenue estimate of $8.9 billion.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. Wall Street Zen raised shares of J. M. Smucker from a “sell” rating to a “hold” rating in a research note on Friday, March 28th. Barclays lowered their target price on shares of J. M. Smucker from $119.00 to $105.00 and set an “equal weight” rating on the stock in a research note on Wednesday. Bank of America lowered their target price on shares of J. M. Smucker from $118.00 to $105.00 and set a “neutral” rating on the stock in a research note on Wednesday. DA Davidson lowered their target price on shares of J. M. Smucker from $122.00 to $120.00 and set a “neutral” rating on the stock in a research note on Tuesday, March 11th. Finally, Morgan Stanley reaffirmed an “overweight” rating and issued a $124.00 target price (up from $123.00) on shares of J. M. Smucker in a research note on Friday, June 6th. One analyst has rated the stock with a sell rating, six have issued a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $117.55.

J. M. Smucker Stock Up 1.6%

Shares of NYSE SJM opened at $95.88 on Thursday. J. M. Smucker has a one year low of $93.93 and a one year high of $125.42. 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 firm’s 50 day simple moving average is $112.89 and its two-hundred day simple moving average is $110.99. The stock has a market capitalization of $10.20 billion, a P/E ratio of 19.41, a PEG ratio of 3.91 and a beta of 0.35.

J. M. Smucker (NYSE:SJM) last issued its quarterly earnings results on Tuesday, June 10th. The company reported $2.31 EPS for the quarter, beating analysts’ consensus estimates of $2.25 by $0.06. J. M. Smucker had a net margin of 5.96% and a return on equity of 14.35%. The business had revenue of $2.14 billion for the quarter, compared to analysts’ expectations of $2.18 billion. During the same period last year, the business earned $2.66 earnings per share. The business’s quarterly revenue was down 2.8% on a year-over-year basis. As a group, analysts expect that J. M. Smucker will post 9.88 EPS for the current fiscal year.

J. M. Smucker Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 2nd. Stockholders of record on Friday, May 16th were issued a $1.08 dividend. This represents a $4.32 annualized dividend and a dividend yield of 4.51%. The ex-dividend date of this dividend was Friday, May 16th. J. M. Smucker’s dividend payout ratio is -179.25%.

Insider Transactions at J. M. Smucker

In other news, insider Jill R. Penrose sold 5,117 shares of the firm’s stock in a transaction that occurred 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 transaction, the insider now owns 8,794 shares in the company, valued at approximately $1,022,390.44. This trade represents a 36.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 3.40% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. United Services Automobile Association bought a new position in shares of J. M. Smucker in the first quarter worth approximately $253,000. Woodline Partners LP grew its holdings in shares of J. M. Smucker by 40.7% in the first quarter. Woodline Partners LP now owns 8,990 shares of the company’s stock worth $1,065,000 after purchasing an additional 2,600 shares during the last quarter. Empowered Funds LLC grew its holdings in shares of J. M. Smucker by 28.6% in the first quarter. Empowered Funds LLC now owns 12,992 shares of the company’s stock worth $1,538,000 after purchasing an additional 2,889 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of J. M. Smucker by 10.0% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,440 shares of the company’s stock worth $2,286,000 after purchasing an additional 1,763 shares during the last quarter. 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.