Night Squared LP Makes New Investment in The J. M. Smucker Company $SJM

Posted by Stanley Muller on Jun 17th, 2026

Night Squared LP bought a new position in shares of The J. M. Smucker Company (NYSE:SJM – Free Report) during the 4th quarter, HoldingsChannel reports. The firm bought 97,418 shares of the company’s stock, valued at approximately $9,528,000. J. M. Smucker comprises approximately 2.7% of Night Squared LP’s holdings, making the stock its 4th largest position.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SJM. CYBER HORNET ETFs LLC bought a new position in J. M. Smucker during the 2nd quarter worth about $27,000. MCF Advisors LLC grew its holdings in J. M. Smucker by 68.1% during the 4th quarter. MCF Advisors LLC now owns 311 shares of the company’s stock worth $30,000 after acquiring an additional 126 shares in the last quarter. MUFG Securities EMEA plc bought a new position in J. M. Smucker during the 2nd quarter worth about $31,000. Fideuram Asset Management Ireland dac bought a new position in J. M. Smucker during the 4th quarter worth about $32,000. Finally, Hilton Head Capital Partners LLC bought a new position in J. M. Smucker during the 4th quarter worth about $42,000. 81.66% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the stock. Evercore assumed coverage on shares of J. M. Smucker in a report on Friday, May 15th. They set an “outperform” rating and a $117.00 target price on the stock. TD Cowen increased their target price on shares of J. M. Smucker from $103.00 to $115.00 and gave the stock a “hold” rating in a report on Wednesday, June 10th. JPMorgan Chase & Co. increased their price target on shares of J. M. Smucker from $120.00 to $125.00 and gave the company an “overweight” rating in a research report on Wednesday, June 10th. Royal Bank Of Canada increased their price target on shares of J. M. Smucker from $130.00 to $135.00 and gave the company an “outperform” rating in a research report on Wednesday, June 10th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $95.00 price target on shares of J. M. Smucker in a research report on Wednesday, May 20th. Ten analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $121.13.

Read Our Latest Stock Analysis on SJM

J. M. Smucker Stock Performance

SJM stock opened at $116.05 on Wednesday. The firm has a market cap of $12.38 billion, a price-to-earnings ratio of -89.27, a PEG ratio of 1.62 and a beta of 0.27. The firm has a 50-day simple moving average of $100.44 and a two-hundred day simple moving average of $102.19. The J. M. Smucker Company has a one year low of $88.25 and a one year high of $119.39. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.33 and a current ratio of 0.78.

J. M. Smucker (NYSE:SJM – Get Free Report) last released its quarterly earnings results on Tuesday, June 9th. The company reported $2.77 EPS for the quarter, beating the consensus estimate of $2.64 by $0.13. The business had revenue of $2.27 billion during the quarter, compared to analyst estimates of $2.26 billion. J. M. Smucker had a negative net margin of 1.53% and a positive return on equity of 17.18%. The company’s quarterly revenue was up 5.8% on a year-over-year basis. During the same period in the prior year, the firm posted $2.31 earnings per share. J. M. Smucker has set its FY 2027 guidance at 9.750-10.250 EPS. On average, equities analysts forecast that The J. M. Smucker Company will post 9.95 EPS for the current fiscal year.

J. M. Smucker Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Friday, May 15th were given a $1.10 dividend. This represents a $4.40 annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend was Friday, May 15th. J. M. Smucker’s dividend payout ratio (DPR) is presently -338.46%.

Insider Activity at J. M. Smucker

In related news, insider Jeannette L. Knudsen sold 5,550 shares of the stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $116.29, for a total value of $645,409.50. Following the completion of the transaction, the insider directly owned 16,039 shares of the company’s stock, valued at $1,865,175.31. This trade represents a 25.71% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 2.24% of the stock is owned by insiders.

J. M. Smucker 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.