National Pension Service Has $166,000 Holdings in The J. M. Smucker Company $SJM

National Pension Service increased its holdings in The J. M. Smucker Company (NYSE:SJM) by 340.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,686 shares of the company’s stock after buying an additional 1,303 shares during the period. National Pension Service’s holdings in J. M. Smucker were worth $166,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in the stock. Cullen Frost Bankers Inc. lifted its position in shares of J. M. Smucker by 2.6% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 3,872 shares of the company’s stock valued at $380,000 after acquiring an additional 97 shares during the period. Tortoise Investment Management LLC raised its stake in J. M. Smucker by 87.0% in the first quarter. Tortoise Investment Management LLC now owns 215 shares of the company’s stock valued at $25,000 after purchasing an additional 100 shares in the last quarter. Forum Financial Management LP lifted its position in J. M. Smucker by 3.9% during the first quarter. Forum Financial Management LP now owns 3,113 shares of the company’s stock worth $369,000 after purchasing an additional 116 shares during the period. Twin Capital Management Inc. increased its holdings in J. M. Smucker by 1.6% in the 2nd quarter. Twin Capital Management Inc. now owns 7,317 shares of the company’s stock valued at $719,000 after buying an additional 117 shares during the period. Finally, SouthState Corp raised its position in shares of J. M. Smucker by 6.4% in the 1st quarter. SouthState Corp now owns 1,976 shares of the company’s stock valued at $234,000 after buying an additional 118 shares in the last quarter. 81.66% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other J. M. Smucker news, CFO Tucker H. Marshall sold 11,139 shares of the stock in a transaction dated 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 completion of the sale, the chief financial officer directly owned 33,864 shares in the company, valued at approximately $3,661,037.04. This trade represents a 24.75% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 2.24% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Bank of America decreased their price objective on shares of J. M. Smucker from $120.00 to $118.00 and set a “neutral” rating on the stock in a research note on Thursday, August 28th. 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 report on Thursday, August 28th. Morgan Stanley upped their price objective 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. Barclays reissued an “equal weight” rating and set a $105.00 target price on shares of J. M. Smucker in a research note on Friday, August 29th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of J. M. Smucker from $129.00 to $126.00 and set an “overweight” rating for the company in a research report on Thursday, August 28th. One research 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 assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $118.38.

J. M. Smucker Price Performance

Shares of SJM opened at $109.02 on Friday. The business has a 50-day moving average of $106.34 and a 200-day moving average of $107.36. 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 company has a market capitalization of $11.63 billion, a price-to-earnings ratio of -7.95, a price-to-earnings-growth ratio of 6.97 and a beta of 0.24. The J. M. Smucker Company has a 1 year low of $93.30 and a 1 year high of $125.42.

J. M. Smucker (NYSE:SJM) last released its earnings results on Wednesday, August 27th. The company reported $1.90 earnings per share for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $2.11 billion for the quarter, compared to analyst estimates of $2.09 billion. During the same period in the prior year, the company posted $2.44 EPS. The business’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. As a group, equities research 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 company also recently declared 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 4.0%. J. M. Smucker’s dividend payout ratio is -32.09%.

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.