Private Trust Co. NA Boosts Stake in The J. M. Smucker Company $SJM

Private Trust Co. NA grew its stake in The J. M. Smucker Company (NYSE:SJM) by 10.8% during the second quarter, HoldingsChannel reports. The fund owned 1,338 shares of the company’s stock after acquiring an additional 130 shares during the quarter. Private Trust Co. NA’s holdings in J. M. Smucker were worth $131,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in SJM. Tortoise Investment Management LLC boosted its position in J. M. Smucker by 87.0% during 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. N.E.W. Advisory Services LLC purchased a new stake in shares of J. M. Smucker during the first quarter valued at about $30,000. Nova Wealth Management Inc. bought a new stake in shares of J. M. Smucker in the 2nd quarter valued at about $25,000. Cooksen Wealth LLC purchased a new position in shares of J. M. Smucker in the 1st quarter worth approximately $33,000. Finally, National Pension Service grew its position in shares of J. M. Smucker by 74.9% in the 1st quarter. National Pension Service now owns 383 shares of the company’s stock worth $45,000 after buying an additional 164 shares during the last quarter. 81.66% of the stock is owned by institutional investors.

Analysts Set New Price Targets

SJM has been the subject of several recent analyst reports. Wells Fargo & Company raised their target price on shares of J. M. Smucker from $115.00 to $120.00 and gave the company an “overweight” rating in a research note on Monday, August 18th. DA Davidson raised their price objective on J. M. Smucker from $104.00 to $112.00 and gave the stock a “neutral” rating in a research report on Thursday, August 28th. Weiss Ratings restated a “sell (d)” rating on shares of J. M. Smucker in a research note on Wednesday, October 8th. Cfra Research upgraded J. M. Smucker from a “hold” rating to a “moderate buy” rating in a research note on Wednesday, August 27th. Finally, UBS Group dropped their price target 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. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $118.00.

Insiders Place Their Bets

In other J. M. Smucker news, CFO Tucker H. Marshall sold 11,139 shares of J. M. Smucker 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 transaction, the chief financial officer 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 transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 2.24% of the company’s stock.

J. M. Smucker Price Performance

Shares of NYSE SJM opened at $104.79 on Thursday. 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 moving average price is $108.25 and its 200 day moving average price is $108.61. The company has a quick ratio of 0.34, a current ratio of 0.81 and a debt-to-equity ratio of 1.19. The firm has a market cap of $11.18 billion, a P/E ratio of -7.64, a P/E/G ratio of 7.23 and a beta of 0.25.

J. M. Smucker (NYSE:SJM) last announced its quarterly earnings data on Wednesday, August 27th. The company reported $1.90 EPS for the quarter, missing the consensus estimate of $1.95 by ($0.05). The business had revenue of $2.11 billion for the quarter, compared to analyst estimates of $2.09 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 was down .6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.44 earnings per share. J. M. Smucker has set its FY 2026 guidance at 8.500-9.500 EPS. On average, sell-side analysts expect that The J. M. Smucker Company will post 9.88 earnings per share for the current year.

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.