Chevy Chase Trust Holdings LLC Acquires 297 Shares of The J. M. Smucker Company $SJM

Chevy Chase Trust Holdings LLC boosted its position in shares of The J. M. Smucker Company (NYSE:SJM) by 0.5% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 57,142 shares of the company’s stock after purchasing an additional 297 shares during the quarter. Chevy Chase Trust Holdings LLC owned about 0.05% of J. M. Smucker worth $5,611,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Tortoise Investment Management LLC raised its holdings in J. M. Smucker by 87.0% during the 1st quarter. Tortoise Investment Management LLC now owns 215 shares of the company’s stock worth $25,000 after purchasing an additional 100 shares during the last quarter. Nova Wealth Management Inc. bought a new stake in J. M. Smucker during the 2nd quarter worth about $25,000. N.E.W. Advisory Services LLC bought a new stake in J. M. Smucker during the 1st quarter worth about $30,000. Cooksen Wealth LLC bought a new stake in J. M. Smucker during the 1st quarter worth about $33,000. Finally, Oliver Lagore Vanvalin Investment Group bought a new stake in J. M. Smucker during the 2nd quarter worth about $39,000. 81.66% of the stock is owned by institutional investors.

J. M. Smucker Price Performance

Shares of SJM opened at $105.37 on Tuesday. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.34 and a current ratio of 0.81. The stock has a 50 day simple moving average of $108.54 and a 200 day simple moving average of $108.67. The J. M. Smucker Company has a 52-week low of $93.30 and a 52-week high of $125.42. The firm has a market capitalization of $11.24 billion, a PE ratio of -7.69, a P/E/G ratio of 7.26 and a beta of 0.25.

J. M. Smucker (NYSE:SJM) last issued its quarterly earnings data 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 business had revenue of $2.11 billion during the quarter, compared to analyst estimates of $2.09 billion. During the same quarter in the prior year, the firm posted $2.44 earnings per share. J. M. Smucker’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. Sell-side analysts predict that The J. M. Smucker Company will post 9.88 EPS for the current fiscal year.

Insider Transactions at J. M. Smucker

In other J. M. Smucker news, CFO Tucker H. Marshall sold 11,139 shares of J. M. Smucker stock in a transaction on Tuesday, September 30th. The shares were 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 in the company, valued at approximately $3,661,037.04. The trade was a 24.75% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 2.24% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on SJM shares. Zacks Research raised J. M. Smucker to a “hold” rating in a report on Monday, August 11th. Cfra Research upgraded J. M. Smucker from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, August 27th. DA Davidson boosted their target price on J. M. Smucker from $104.00 to $112.00 and gave the stock a “neutral” rating in a research report on Thursday, August 28th. Morgan Stanley boosted their target price on J. M. Smucker from $115.00 to $118.00 and gave the stock an “overweight” rating in a research report on Monday, August 18th. Finally, Wells Fargo & Company boosted their target price on J. M. Smucker from $115.00 to $120.00 and gave the stock an “overweight” rating in a research report on Monday, August 18th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $118.00.

J. M. Smucker 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.