The J. M. Smucker Company $SJM Shares Sold by Eads & Heald Wealth Management

Eads & Heald Wealth Management decreased its stake in shares of The J. M. Smucker Company (NYSE:SJM) by 2.0% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 8,129 shares of the company’s stock after selling 164 shares during the period. Eads & Heald Wealth Management’s holdings in J. M. Smucker were worth $798,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of SJM. Robeco Institutional Asset Management B.V. raised its stake in 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 worth $60,286,000 after purchasing an additional 601,647 shares during the period. Maverick Capital Ltd. bought a new position in shares of J. M. Smucker during the first quarter worth about $64,125,000. LSV Asset Management lifted its stake in J. M. Smucker by 48.4% during the first quarter. LSV Asset Management now owns 1,379,320 shares of the company’s stock worth $163,325,000 after purchasing an additional 449,920 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec bought a new stake in shares of J. M. Smucker during the 1st quarter valued at about $33,055,000. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of J. M. Smucker by 12.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,257,127 shares of the company’s stock worth $267,252,000 after purchasing an additional 248,110 shares during the last quarter. 81.66% of the stock is owned by institutional investors and hedge funds.

J. M. Smucker Stock Performance

SJM opened at $108.19 on Monday. The firm has a market capitalization of $11.54 billion, a PE ratio of -7.89, a PEG ratio of 7.47 and a beta of 0.25. The J. M. Smucker Company has a 52-week low of $93.30 and a 52-week high of $125.42. The business’s 50-day simple moving average is $109.61 and its 200 day simple moving average is $109.47. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.34 and a current ratio of 0.81.

J. M. Smucker (NYSE:SJM) last announced 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). The firm had revenue of $2.11 billion for the quarter, compared to the consensus estimate of $2.09 billion. J. M. Smucker had a positive return on equity of 15.41% and a negative net margin of 16.75%.J. M. Smucker’s revenue for the quarter was down .6% on a year-over-year basis. During the same quarter last year, the business posted $2.44 EPS. J. M. Smucker has set its FY 2026 guidance at 8.500-9.500 EPS. As a group, sell-side analysts expect that The J. M. Smucker Company will post 9.88 earnings per share for the current fiscal year.

J. M. Smucker Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Friday, August 15th were given a dividend of $1.10 per share. The ex-dividend date was Friday, August 15th. This represents a $4.40 annualized dividend and a yield of 4.1%. This is a boost from J. M. Smucker’s previous quarterly dividend of $1.08. J. M. Smucker’s dividend payout ratio is -32.09%.

Analyst Upgrades and Downgrades

SJM has been the subject of several research analyst reports. JPMorgan Chase & Co. reduced 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 report on Thursday, August 28th. Cfra Research raised shares of J. M. Smucker from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, August 27th. Barclays reiterated an “equal weight” rating and set a $105.00 price objective on shares of J. M. Smucker in a report on Friday, August 29th. Citigroup decreased their target price on J. M. Smucker from $128.00 to $118.00 and set a “buy” rating for the company in a research report on Wednesday, June 11th. Finally, Zacks Research upgraded shares of J. M. Smucker to a “hold” rating in a report on Monday, August 11th. One 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 given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $118.00.

Insider Buying and Selling at J. M. Smucker

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. 2.24% of the stock is currently owned by company insiders.

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.