10,324 Shares in The J. M. Smucker Company $SJM Purchased by Beck Bode LLC

Beck Bode LLC acquired a new stake in The J. M. Smucker Company (NYSE:SJM) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 10,324 shares of the company’s stock, valued at approximately $1,014,000.

A number of other large investors also recently bought and sold shares of SJM. Tortoise Investment Management LLC grew its position in shares of J. M. Smucker by 87.0% in the 1st quarter. Tortoise Investment Management LLC now owns 215 shares of the company’s stock worth $25,000 after acquiring an additional 100 shares in the last quarter. N.E.W. Advisory Services LLC bought a new position in J. M. Smucker during the first quarter worth $30,000. Nova Wealth Management Inc. bought a new position in J. M. Smucker during the second quarter worth $25,000. AlphaQuest LLC acquired a new position in J. M. Smucker in the second quarter worth $26,000. Finally, Bank of Jackson Hole Trust increased its stake in J. M. Smucker by 104.5% during the second quarter. Bank of Jackson Hole Trust now owns 274 shares of the company’s stock valued at $27,000 after purchasing an additional 140 shares during the last quarter. Institutional investors own 81.66% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. Barclays restated an “equal weight” rating and issued a $105.00 price target on shares of J. M. Smucker in a research report on Friday, August 29th. Bank of America cut their target price on shares of J. M. Smucker from $120.00 to $118.00 and set a “neutral” rating on the stock in a report on Thursday, August 28th. Zacks Research raised J. M. Smucker to a “hold” rating in a report on Monday, August 11th. Wells Fargo & Company increased their price target 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. Finally, Morgan Stanley boosted their price objective on J. M. Smucker from $115.00 to $118.00 and gave the company 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 given a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $118.38.

J. M. Smucker Price Performance

Shares of NYSE:SJM opened at $108.52 on Wednesday. The firm’s 50 day moving average is $106.48 and its two-hundred day moving average is $107.41. The firm has a market capitalization of $11.58 billion, a P/E ratio of -7.92, a PEG ratio of 6.97 and a beta of 0.24. The company has a current ratio of 0.81, a quick ratio of 0.34 and a debt-to-equity ratio of 1.19. The J. M. Smucker Company has a 52 week low of $93.30 and a 52 week high of $125.42.

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 positive return on equity of 15.41% and a negative net margin of 16.75%.The business had revenue of $2.11 billion for 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. The business’s quarterly revenue was down .6% on a year-over-year basis. J. M. Smucker has set its FY 2026 guidance at 8.500-9.500 EPS. Analysts anticipate that The J. M. Smucker Company will post 9.88 earnings per share for the current year.

J. M. Smucker Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 1st. Stockholders of record on Friday, November 14th will be paid a $1.10 dividend. The ex-dividend date of this dividend is Friday, November 14th. This represents a $4.40 annualized dividend and a dividend yield of 4.1%. J. M. Smucker’s dividend payout ratio is presently -32.09%.

Insider Activity at J. M. Smucker

In other news, CFO Tucker H. Marshall sold 11,139 shares of the firm’s stock in a transaction on Tuesday, September 30th. The stock was sold at an average price of $108.11, for a total transaction of $1,204,237.29. Following the transaction, 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 Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 2.24% 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.