Capitolis Liquid Global Markets LLC lifted its position in shares of The J. M. Smucker Company (NYSE:SJM – Free Report) by 26.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,311,000 shares of the company’s stock after purchasing an additional 271,000 shares during the period. Capitolis Liquid Global Markets LLC’s holdings in J. M. Smucker were worth $128,229,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also made changes to their positions in the company. CYBER HORNET ETFs LLC acquired a new stake in shares of J. M. Smucker during the second quarter worth about $27,000. Fideuram Asset Management Ireland dac acquired a new stake in shares of J. M. Smucker during the fourth quarter worth about $32,000. MCF Advisors LLC increased its position in shares of J. M. Smucker by 68.1% during the fourth quarter. MCF Advisors LLC now owns 311 shares of the company’s stock worth $30,000 after purchasing an additional 126 shares in the last quarter. MUFG Securities EMEA plc acquired a new stake in shares of J. M. Smucker during the second quarter worth about $31,000. Finally, Hilton Head Capital Partners LLC acquired a new stake in shares of J. M. Smucker during the fourth quarter worth about $42,000. Institutional investors and hedge funds own 81.66% of the company’s stock.
Insiders Place Their Bets
In other J. M. Smucker news, insider Jeannette L. Knudsen sold 5,550 shares of J. M. Smucker stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $116.29, for a total value of $645,409.50. Following the sale, the insider owned 16,039 shares of the company’s stock, valued at approximately $1,865,175.31. The trade was a 25.71% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 2.24% of the company’s stock.
Analyst Ratings Changes
Check Out Our Latest Stock Report on J. M. Smucker
J. M. Smucker Stock Performance
Shares of SJM stock opened at $112.87 on Thursday. The J. M. Smucker Company has a 52-week low of $88.25 and a 52-week high of $119.39. The stock’s 50-day moving average price is $100.80 and its 200 day moving average price is $102.25. The stock has a market capitalization of $12.04 billion, a PE ratio of -86.82, a price-to-earnings-growth ratio of 1.62 and a beta of 0.27. The company has a quick ratio of 0.33, a current ratio of 0.78 and a debt-to-equity ratio of 1.15.
J. M. Smucker (NYSE:SJM – Get Free Report) last announced its quarterly earnings data on Tuesday, June 9th. The company reported $2.77 earnings per share for the quarter, beating analysts’ consensus estimates of $2.64 by $0.13. J. M. Smucker had a positive return on equity of 17.18% and a negative net margin of 1.53%.The company had revenue of $2.27 billion for the quarter, compared to analyst estimates of $2.26 billion. During the same quarter in the previous year, the company earned $2.31 EPS. The firm’s revenue for the quarter was up 5.8% compared to the same quarter last year. J. M. Smucker has set its FY 2027 guidance at 9.750-10.250 EPS. As a group, equities research analysts forecast that The J. M. Smucker Company will post 9.95 EPS for the current year.
J. M. Smucker Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Friday, May 15th were issued a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend was Friday, May 15th. J. M. Smucker’s payout ratio is currently -338.46%.
J. M. Smucker Profile
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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