Cwm LLC Increases Stake in The J. M. Smucker Company $SJM

Cwm LLC increased its position in shares of The J. M. Smucker Company (NYSE:SJM) by 18.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 241,572 shares of the company’s stock after buying an additional 36,958 shares during the period. Cwm LLC’s holdings in J. M. Smucker were worth $23,722,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in SJM. Robeco Institutional Asset Management B.V. increased its stake in shares of J. M. Smucker by 4,906.2% during the second quarter. Robeco Institutional Asset Management B.V. now owns 613,910 shares of the company’s stock valued at $60,286,000 after buying an additional 601,647 shares during the period. Maverick Capital Ltd. purchased a new position in shares of J. M. Smucker during the first quarter valued at $64,125,000. LSV Asset Management increased its stake in shares of J. M. Smucker by 48.4% during the first quarter. LSV Asset Management now owns 1,379,320 shares of the company’s stock valued at $163,325,000 after buying an additional 449,920 shares during the period. Caisse DE Depot ET Placement DU Quebec purchased a new position in shares of J. M. Smucker during the first quarter valued at $33,055,000. Finally, Dimensional Fund Advisors LP increased its stake in shares of 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. Hedge funds and other institutional investors own 81.66% of the company’s stock.

J. M. Smucker Price Performance

Shares of SJM stock opened at $104.74 on Monday. The J. M. Smucker Company has a fifty-two week low of $93.30 and a fifty-two week high of $125.42. The firm has a market capitalization of $11.17 billion, a price-to-earnings ratio of -7.64, a PEG ratio of 7.23 and a beta of 0.25. 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’s 50-day simple moving average is $109.33 and its 200-day simple moving average is $109.24.

J. M. Smucker (NYSE:SJM) last issued its quarterly 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 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 analysts’ expectations of $2.09 billion. During the same quarter in the previous year, the firm posted $2.44 EPS. J. M. Smucker’s 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. As a group, equities analysts forecast that The J. M. Smucker Company will post 9.88 earnings per share for the current fiscal year.

J. M. Smucker Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Friday, August 15th were issued a $1.10 dividend. The ex-dividend date of this dividend was Friday, August 15th. This is a boost from J. M. Smucker’s previous quarterly dividend of $1.08. This represents a $4.40 dividend on an annualized basis and a yield of 4.2%. J. M. Smucker’s dividend payout ratio is presently -32.09%.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on SJM shares. Zacks Research upgraded J. M. Smucker to a “hold” rating in a research note on Monday, August 11th. Bank of America cut their target price on 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. Argus lowered J. M. Smucker from a “buy” rating to a “hold” rating in a research note on Friday, September 12th. UBS Group cut their target price on J. M. Smucker from $130.00 to $121.00 and set a “buy” rating on the stock in a research note on Thursday, August 28th. Finally, Wells Fargo & Company lifted their target price on J. M. Smucker from $115.00 to $120.00 and gave the company an “overweight” rating in a research note on Monday, August 18th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $118.00.

Insider Transactions at J. M. Smucker

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

About J. M. Smucker

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.