Weiss Asset Management LP Acquires New Stake in The J. M. Smucker Company $SJM

Posted by Brenda Bartman on Jul 28th, 2026

Weiss Asset Management LP bought a new position in The J. M. Smucker Company (NYSE:SJM – Free Report) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 7,140 shares of the company’s stock, valued at approximately $689,000.

A number of other large investors have also recently added to or reduced their stakes in SJM. Golden State Wealth Management LLC lifted its holdings in shares of J. M. Smucker by 10.2% in the fourth quarter. Golden State Wealth Management LLC now owns 991 shares of the company’s stock valued at $97,000 after purchasing an additional 92 shares in the last quarter. Colonial Trust Advisors raised its position in J. M. Smucker by 7.8% in the 4th quarter. Colonial Trust Advisors now owns 1,303 shares of the company’s stock valued at $127,000 after buying an additional 94 shares during the last quarter. Harbour Investments Inc. raised its position in J. M. Smucker by 2.1% in the 4th quarter. Harbour Investments Inc. now owns 4,652 shares of the company’s stock valued at $455,000 after buying an additional 97 shares during the last quarter. Delta Asset Management LLC TN lifted its stake in J. M. Smucker by 7.8% in the 4th quarter. Delta Asset Management LLC TN now owns 1,378 shares of the company’s stock valued at $135,000 after acquiring an additional 100 shares in the last quarter. Finally, New Mexico Educational Retirement Board boosted its position in J. M. Smucker by 2.1% during the 4th quarter. New Mexico Educational Retirement Board now owns 4,922 shares of the company’s stock worth $481,000 after acquiring an additional 100 shares during the last quarter. Institutional investors own 81.66% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on SJM shares. Weiss Ratings raised shares of J. M. Smucker from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday. Evercore restated an “outperform” rating and set a $125.00 target price on shares of J. M. Smucker in a report on Thursday. Morgan Stanley raised their target price on shares of J. M. Smucker from $106.00 to $110.00 and gave the company an “equal weight” rating in a research report on Wednesday, June 10th. TD Cowen boosted their price target on shares of J. M. Smucker from $103.00 to $115.00 and gave the stock a “hold” rating in a research report on Wednesday, June 10th. Finally, Royal Bank Of Canada increased their price objective on shares of J. M. Smucker from $130.00 to $135.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 10th. Nine research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $121.67.

Get Our Latest Stock Report on SJM

J. M. Smucker Stock Up 2.6%

SJM stock opened at $121.43 on Tuesday. The firm has a market capitalization of $12.95 billion, a PE ratio of -93.41, a PEG ratio of 1.65 and a beta of 0.26. The business’s 50 day simple moving average is $110.23 and its 200 day simple moving average is $104.96. The J. M. Smucker Company has a 1-year low of $88.25 and a 1-year high of $121.67. 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 announced its earnings results on Tuesday, June 9th. The company reported $2.77 EPS for the quarter, topping the consensus estimate of $2.64 by $0.13. J. M. Smucker had a negative net margin of 1.53% and a positive return on equity of 17.18%. The business had revenue of $2.27 billion during the quarter, compared to the consensus estimate of $2.26 billion. During the same quarter in the previous year, the firm posted $2.31 EPS. J. M. Smucker’s revenue 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, research analysts anticipate that The J. M. Smucker Company will post 9.95 EPS for the current year.

J. M. Smucker Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Friday, August 14th will be given a dividend of $1.12 per share. This is a positive change from J. M. Smucker’s previous quarterly dividend of $1.10. This represents a $4.48 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend is Friday, August 14th. J. M. Smucker’s payout ratio is -344.62%.

Insiders Place Their Bets

In other J. M. Smucker news, insider Jeannette L. Knudsen sold 5,550 shares of the stock in a transaction dated 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 in the company, valued at $1,865,175.31. This represents a 25.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Tucker H. Marshall sold 3,630 shares of the firm’s stock in a transaction on Wednesday, June 24th. The shares were sold at an average price of $111.05, for a total value of $403,111.50. Following the completion of the sale, the chief financial officer directly owned 38,699 shares in the company, valued at approximately $4,297,523.95. This represents a 8.58% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 18,533 shares of company stock worth $2,132,914 in the last 90 days. Company insiders own 2.80% of the company’s stock.

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.