Pittenger & Anderson Inc. Purchases New Shares in The J. M. Smucker Company $SJM

Posted by Francis Steltz on Jul 12th, 2026

Pittenger & Anderson Inc. purchased a new position in shares of The J. M. Smucker Company (NYSE:SJM – Free Report) during the 1st quarter, Holdings Channel.com reports. The fund purchased 28,290 shares of the company’s stock, valued at approximately $2,728,000.

A number of other institutional investors have also recently added to or reduced their stakes in the company. UBS Group AG boosted its position in J. M. Smucker by 238.7% in the 4th quarter. UBS Group AG now owns 3,924,282 shares of the company’s stock valued at $383,834,000 after buying an additional 2,765,559 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of J. M. Smucker by 33.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 3,392,300 shares of the company’s stock worth $331,807,000 after acquiring an additional 850,943 shares during the last quarter. Invesco Ltd. lifted its stake in shares of J. M. Smucker by 5.8% in the fourth quarter. Invesco Ltd. now owns 2,783,272 shares of the company’s stock worth $272,232,000 after acquiring an additional 151,872 shares in the last quarter. Morgan Stanley lifted its stake in shares of J. M. Smucker by 16.8% in the fourth quarter. Morgan Stanley now owns 2,486,596 shares of the company’s stock worth $243,214,000 after acquiring an additional 357,253 shares in the last quarter. Finally, Two Sigma Investments LP lifted its stake in shares of J. M. Smucker by 6,854.4% in the third quarter. Two Sigma Investments LP now owns 1,527,962 shares of the company’s stock worth $165,937,000 after acquiring an additional 1,505,991 shares in the last quarter. Institutional investors and hedge funds own 81.66% of the company’s stock.

J. M. Smucker Stock Up 0.6%

J. M. Smucker stock traded up $0.62 during midday trading on Friday, hitting $111.49. The stock had a trading volume of 947,128 shares, compared to its average volume of 1,395,426. The business has a fifty day moving average price of $106.99 and a 200 day moving average price of $103.67. The J. M. Smucker Company has a 12 month low of $88.25 and a 12 month high of $119.39. The stock has a market cap of $11.89 billion, a P/E ratio of -85.76, a P/E/G ratio of 1.56 and a beta of 0.26. The company has a current ratio of 0.78, a quick ratio of 0.33 and a debt-to-equity ratio of 1.15.

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

J. M. Smucker Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Friday, May 15th were paid a dividend of $1.10 per share. The ex-dividend date was Friday, May 15th. This represents a $4.40 annualized dividend and a yield of 3.9%. J. M. Smucker’s dividend payout ratio (DPR) is -338.46%.

Insider Buying and Selling

In other J. M. Smucker news, insider Jeannette L. Knudsen sold 5,550 shares of the stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $116.29, for a total transaction of $645,409.50. Following the sale, the insider directly owned 16,039 shares of the company’s stock, valued at approximately $1,865,175.31. This represents a 25.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Tucker H. Marshall sold 3,630 shares of the firm’s stock in a transaction dated Wednesday, June 24th. The stock was sold at an average price of $111.05, for a total transaction of $403,111.50. Following the completion of the transaction, the chief financial officer owned 38,699 shares in the company, valued at approximately $4,297,523.95. The trade was a 8.58% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 18,533 shares of company stock worth $2,132,914 over the last ninety days. 2.80% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on SJM. Weiss Ratings upgraded J. M. Smucker from a “sell (d)” rating to a “sell (d+)” rating in a research note on Thursday, June 11th. Barclays upped their target price on J. M. Smucker from $103.00 to $125.00 and gave the company an “equal weight” rating in a research report on Thursday, June 11th. BTIG Research set a $130.00 target price on J. M. Smucker in a research note on Wednesday, June 10th. Sanford C. Bernstein reissued an “outperform” rating and set a $137.00 price target on shares of J. M. Smucker in a research report on Wednesday, June 10th. Finally, BNP Paribas Exane set a $125.00 price target on shares of J. M. Smucker in a research note on Thursday, April 9th. Nine equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $121.13.

Read Our Latest Research Report on J. M. Smucker

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.