J.W. Cole Advisors Inc. Increases Stock Holdings in The J. M. Smucker Company $SJM

J.W. Cole Advisors Inc. boosted its stake in The J. M. Smucker Company (NYSE:SJM) by 19.9% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 15,219 shares of the company’s stock after acquiring an additional 2,523 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in J. M. Smucker were worth $1,494,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in the stock. Tortoise Investment Management LLC grew its position in shares of 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 during the period. N.E.W. Advisory Services LLC purchased a new position in J. M. Smucker in the 1st quarter valued at about $30,000. Nova Wealth Management Inc. acquired a new stake in J. M. Smucker in the 2nd quarter worth about $25,000. AlphaQuest LLC purchased a new stake in J. M. Smucker during the 2nd quarter worth approximately $26,000. Finally, Bank of Jackson Hole Trust raised its holdings in shares of 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 acquiring an additional 140 shares during the last quarter. 81.66% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CFO Tucker H. Marshall sold 11,139 shares of the company’s stock in a transaction on 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 transaction, the chief financial officer owned 33,864 shares of the company’s stock, valued at $3,661,037.04. This represents a 24.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 2.24% of the stock is owned by corporate insiders.

J. M. Smucker Trading Down 0.4%

Shares of SJM opened at $102.80 on Friday. The J. M. Smucker Company has a 12-month low of $93.30 and a 12-month high of $121.48. The firm has a market capitalization of $10.97 billion, a P/E ratio of -7.50, a P/E/G ratio of 6.97 and a beta of 0.24. The firm has a 50-day moving average price of $105.57 and a 200 day moving average price of $106.75. The company has a current ratio of 0.81, a quick ratio of 0.34 and a debt-to-equity ratio of 1.19.

J. M. Smucker (NYSE:SJM) last posted its earnings results on Tuesday, November 25th. The company reported $2.10 earnings per share for the quarter, missing the consensus estimate of $2.12 by ($0.02). The firm had revenue of $2.33 billion during the quarter, compared to analyst estimates of $2.32 billion. J. M. Smucker had a negative net margin of 16.75% and a positive return on equity of 15.41%. The business’s revenue for the quarter was up 2.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.76 earnings per share. J. M. Smucker has set its FY 2026 guidance at 8.750-9.250 EPS. Sell-side analysts forecast that The J. M. Smucker Company will post 9.88 EPS for the current year.

J. M. Smucker Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 1st. Shareholders of record on Friday, November 14th will be paid a dividend of $1.10 per share. The ex-dividend date of this dividend is Friday, November 14th. This represents a $4.40 annualized dividend and a yield of 4.3%. J. M. Smucker’s dividend payout ratio (DPR) is -39.22%.

Analyst Upgrades and Downgrades

Several analysts recently commented on SJM shares. Wells Fargo & Company boosted 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. Sanford C. Bernstein upped their target price on shares of J. M. Smucker from $110.00 to $113.00 and gave the stock a “market perform” rating in a report on Wednesday. JPMorgan Chase & Co. reduced their target price on shares of J. M. Smucker from $122.00 to $121.00 and set an “overweight” rating for the company in a research report on Wednesday. Cfra Research upgraded shares of J. M. Smucker from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, August 27th. Finally, Bank of America cut their price objective on shares of J. M. Smucker from $120.00 to $118.00 and set a “neutral” rating for the company in a report on Thursday, August 28th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $116.79.

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.