FSM Wealth Advisors LLC Makes New Investment in The J. M. Smucker Company $SJM

FSM Wealth Advisors LLC bought a new position in The J. M. Smucker Company (NYSE:SJM) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 3,098 shares of the company’s stock, valued at approximately $321,000.

A number of other large investors have also made changes to their positions in the company. Invesco Ltd. boosted its stake in J. M. Smucker by 8.6% in the 1st quarter. Invesco Ltd. now owns 2,623,254 shares of the company’s stock worth $310,620,000 after purchasing an additional 208,231 shares during the period. Dimensional Fund Advisors LP raised its position in J. M. Smucker by 12.3% during the first quarter. Dimensional Fund Advisors LP now owns 2,257,127 shares of the company’s stock valued at $267,252,000 after buying an additional 248,110 shares during the period. Ariel Investments LLC lifted its stake in J. M. Smucker by 2.7% in the 1st quarter. Ariel Investments LLC now owns 1,881,584 shares of the company’s stock worth $222,798,000 after acquiring an additional 48,723 shares in the last quarter. LSV Asset Management boosted its position in J. M. Smucker by 48.4% during the 1st quarter. LSV Asset Management now owns 1,379,320 shares of the company’s stock worth $163,325,000 after acquiring an additional 449,920 shares during the period. Finally, Northern Trust Corp grew its stake in J. M. Smucker by 7.9% during the 1st quarter. Northern Trust Corp now owns 1,219,932 shares of the company’s stock valued at $144,452,000 after acquiring an additional 89,316 shares in the last quarter. Institutional investors and hedge funds own 81.66% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently commented on SJM shares. BNP Paribas Exane upgraded shares of J. M. Smucker from an “underperform” rating to an “outperform” rating and set a $120.00 price target for the company in a report on Wednesday, July 9th. Cfra Research raised shares of J. M. Smucker from a “hold” rating to a “moderate buy” rating in a research note on Wednesday, August 27th. Zacks Research upgraded J. M. Smucker to a “hold” rating in a research note on Monday, August 11th. BNP Paribas raised J. M. Smucker from a “strong sell” rating to a “strong-buy” rating in a research note on Wednesday, July 9th. Finally, UBS Group lowered their price target on J. M. Smucker from $130.00 to $121.00 and set a “buy” rating for the company in a research note on Thursday, August 28th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $118.00.

J. M. Smucker Price Performance

Shares of NYSE:SJM opened at $102.55 on Friday. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.81 and a quick ratio of 0.34. The stock has a market capitalization of $10.94 billion, a P/E ratio of -7.48, a P/E/G ratio of 7.23 and a beta of 0.25. The business has a 50-day moving average of $108.07 and a two-hundred day moving average of $108.54. The J. M. Smucker Company has a fifty-two week low of $93.30 and a fifty-two week high of $125.42.

J. M. Smucker (NYSE:SJM) last posted its earnings results on Wednesday, August 27th. The company reported $1.90 earnings per share for the quarter, missing the consensus estimate of $1.95 by ($0.05). J. M. Smucker had a positive return on equity of 15.41% and a negative net margin of 16.75%.The company had revenue of $2.11 billion during the quarter, compared to analyst estimates of $2.09 billion. During the same quarter last year, the firm posted $2.44 earnings per share. The firm’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. On average, equities research analysts predict that The J. M. Smucker Company will post 9.88 EPS for the current fiscal year.

J. M. Smucker Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, December 1st. Shareholders of record on Friday, November 14th will be given a dividend of $1.10 per share. The ex-dividend date of this dividend is Friday, November 14th. This represents a $4.40 dividend on an annualized basis and a yield of 4.3%. J. M. Smucker’s payout ratio is currently -32.09%.

Insider Transactions at J. M. Smucker

In other news, CFO Tucker H. Marshall sold 11,139 shares of the firm’s stock in a transaction dated Tuesday, September 30th. The stock was 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 of the company’s stock, valued at approximately $3,661,037.04. This trade represents a 24.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 2.24% of the stock is owned by company insiders.

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.