Stephens Inc. AR Has $1.31 Million Position in The J. M. Smucker Company $SJM

Stephens Inc. AR lowered its stake in shares of The J. M. Smucker Company (NYSE:SJM) by 21.5% in the second quarter, Holdings Channel reports. The institutional investor owned 13,305 shares of the company’s stock after selling 3,653 shares during the period. Stephens Inc. AR’s holdings in J. M. Smucker were worth $1,307,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in SJM. Oppenheimer & Co. Inc. acquired a new position in shares of J. M. Smucker during the first quarter valued at about $201,000. Lecap Asset Management Ltd. raised its position in shares of J. M. Smucker by 9.2% during the first quarter. Lecap Asset Management Ltd. now owns 14,041 shares of the company’s stock valued at $1,663,000 after buying an additional 1,188 shares during the last quarter. Golden State Wealth Management LLC raised its position in shares of J. M. Smucker by 102.3% during the first quarter. Golden State Wealth Management LLC now owns 1,687 shares of the company’s stock valued at $200,000 after buying an additional 853 shares during the last quarter. Robeco Institutional Asset Management B.V. acquired a new position in shares of J. M. Smucker during the first quarter valued at about $1,452,000. Finally, Creative Financial Designs Inc. ADV raised its position in shares of J. M. Smucker by 11.4% during the first quarter. Creative Financial Designs Inc. ADV now owns 15,986 shares of the company’s stock valued at $1,893,000 after buying an additional 1,641 shares during the last quarter. Institutional investors and hedge funds own 81.66% of the company’s stock.

Insider Buying and Selling at J. M. Smucker

In other news, CFO Tucker H. Marshall sold 11,139 shares of the firm’s stock in a transaction that occurred on Tuesday, September 30th. The shares were 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 owned 33,864 shares of the company’s stock, valued at approximately $3,661,037.04. This trade represents a 24.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 2.24% of the company’s stock.

J. M. Smucker Stock Performance

NYSE SJM opened at $102.55 on Friday. The firm has a market cap of $10.94 billion, a price-to-earnings ratio of -7.48, a PEG ratio of 7.23 and a beta of 0.25. The company has a 50 day moving average of $108.07 and a 200-day moving average of $108.54. The company has a current ratio of 0.81, a quick ratio of 0.34 and a debt-to-equity ratio of 1.19. 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 posted its quarterly earnings data on Wednesday, August 27th. The company reported $1.90 earnings per share for the quarter, missing the consensus estimate of $1.95 by ($0.05). The firm had revenue of $2.11 billion for the quarter, compared to analyst estimates of $2.09 billion. J. M. Smucker had a positive return on equity of 15.41% and a negative net margin of 16.75%.The business’s quarterly revenue was down .6% on a year-over-year basis. During the same period in the previous year, the business posted $2.44 EPS. J. M. Smucker has set its FY 2026 guidance at 8.500-9.500 EPS. On average, equities analysts forecast that The J. M. Smucker Company will post 9.88 earnings per share for the current fiscal year.

J. M. Smucker Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 1st. Stockholders of record on Friday, November 14th will be issued 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 dividend yield of 4.3%. J. M. Smucker’s dividend payout ratio (DPR) is presently -32.09%.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on SJM. Morgan Stanley upped their price objective on shares of J. M. Smucker from $115.00 to $118.00 and gave the company an “overweight” rating in a research report on Monday, August 18th. Wells Fargo & Company increased their price target on shares of J. M. Smucker from $115.00 to $120.00 and gave the stock an “overweight” rating in a research report on Monday, August 18th. Argus lowered shares of J. M. Smucker from a “buy” rating to a “hold” rating in a research report on Friday, September 12th. Bank of America dropped their price target on shares of J. M. Smucker from $120.00 to $118.00 and set a “neutral” rating for the company in a research report on Thursday, August 28th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of J. M. Smucker in a research report on Wednesday, October 8th. One investment 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 given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $118.00.

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.