Resona Asset Management Co. Ltd. Sells 5,688 Shares of The J. M. Smucker Company $SJM

Posted by on May 23rd, 2026

Resona Asset Management Co. Ltd. decreased its holdings in shares of The J. M. Smucker Company (NYSE:SJM – Free Report) by 9.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 56,728 shares of the company’s stock after selling 5,688 shares during the period. Resona Asset Management Co. Ltd. owned 0.05% of J. M. Smucker worth $5,583,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Wesbanco Bank Inc. boosted its position in shares of J. M. Smucker by 2.9% during the 3rd quarter. Wesbanco Bank Inc. now owns 3,615 shares of the company’s stock valued at $393,000 after purchasing an additional 102 shares in the last quarter. Wedbush Securities Inc. boosted its position in shares of J. M. Smucker by 1.2% during the 3rd quarter. Wedbush Securities Inc. now owns 8,861 shares of the company’s stock valued at $962,000 after purchasing an additional 106 shares in the last quarter. IFP Advisors Inc boosted its position in shares of J. M. Smucker by 22.9% during the 3rd quarter. IFP Advisors Inc now owns 586 shares of the company’s stock valued at $64,000 after purchasing an additional 109 shares in the last quarter. Diversify Advisory Services LLC boosted its holdings in J. M. Smucker by 4.2% in the fourth quarter. Diversify Advisory Services LLC now owns 2,815 shares of the company’s stock worth $287,000 after acquiring an additional 113 shares in the last quarter. Finally, Hantz Financial Services Inc. boosted its holdings in J. M. Smucker by 5.1% in the third quarter. Hantz Financial Services Inc. now owns 2,437 shares of the company’s stock worth $265,000 after acquiring an additional 118 shares in the last quarter. Institutional investors own 81.66% of the company’s stock.

J. M. Smucker Stock Up 1.5%

SJM stock opened at $103.46 on Friday. The J. M. Smucker Company has a twelve month low of $88.25 and a twelve month high of $119.39. The company has a quick ratio of 0.35, a current ratio of 0.84 and a debt-to-equity ratio of 1.31. The stock’s 50 day moving average is $97.65 and its 200-day moving average is $102.07. The firm has a market capitalization of $11.03 billion, a PE ratio of -8.78, a P/E/G ratio of 6.88 and a beta of 0.25.

J. M. Smucker (NYSE:SJM – Get Free Report) last posted its earnings results on Thursday, February 26th. The company reported $2.38 earnings per share for the quarter, beating analysts’ consensus estimates of $2.27 by $0.11. J. M. Smucker had a positive return on equity of 15.94% and a negative net margin of 14.07%.The company had revenue of $2.34 billion for the quarter, compared to analyst estimates of $2.32 billion. During the same quarter last year, the company earned $2.61 earnings per share. The company’s revenue for the quarter was up 7.0% on a year-over-year basis. Sell-side analysts expect that The J. M. Smucker Company will post 9.03 EPS for the current fiscal year.

J. M. Smucker Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Friday, May 15th will be issued a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date is Friday, May 15th. J. M. Smucker’s dividend payout ratio (DPR) is currently -37.32%.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. Morgan Stanley cut their price target on J. M. Smucker from $118.00 to $104.00 and set an “equal weight” rating on the stock in a report on Thursday, April 23rd. Stifel Nicolaus cut their price target on J. M. Smucker from $120.00 to $100.00 and set a “hold” rating on the stock in a report on Tuesday, April 21st. Wells Fargo & Company cut their price target on J. M. Smucker from $135.00 to $125.00 and set an “overweight” rating on the stock in a report on Wednesday, April 8th. Evercore assumed coverage on J. M. Smucker in a report on Friday, May 15th. They issued an “outperform” rating and a $117.00 price target on the stock. Finally, Barclays cut their price target on J. M. Smucker from $125.00 to $103.00 and set an “equal weight” rating on the stock in a report on Tuesday, April 14th. Eleven research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $116.35.

Get Our Latest Analysis on SJM

J. M. Smucker Company Profile

(Free Report)

The J. M. Smucker Company is a diversified food and beverage manufacturer and marketer known for a portfolio of well-established consumer brands. The company’s main business activities include the production and distribution of fruit spreads, peanut butter, coffee and coffee filters, as well as pet food and pet snacks. Smucker’s core product lines serve both retail and foodservice customers through grocery chains, mass merchandisers, club stores, convenience outlets and e-commerce channels.

Among its leading brands are Smucker’s® fruit spreads, Jif® peanut butter, Folgers® and Dunkin’® coffees, and Café Bustelo® coffee.

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Institutional Ownership by Quarter for J. M. Smucker (NYSE:SJM)

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