Bayforest Capital Ltd Invests $245,000 in The J. M. Smucker Company $SJM

Bayforest Capital Ltd bought a new position in shares of The J. M. Smucker Company (NYSE:SJM) in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 2,492 shares of the company’s stock, valued at approximately $245,000.

Several other large investors have also made changes to their positions in the business. Robeco Institutional Asset Management B.V. raised its stake in J. M. Smucker by 4,906.2% in the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 613,910 shares of the company’s stock valued at $60,286,000 after purchasing an additional 601,647 shares during the last quarter. Maverick Capital Ltd. acquired a new position in J. M. Smucker in the 1st quarter valued at $64,125,000. LSV Asset Management raised its stake in J. M. Smucker by 48.4% in the 1st quarter. LSV Asset Management now owns 1,379,320 shares of the company’s stock valued at $163,325,000 after purchasing an additional 449,920 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec acquired a new position in J. M. Smucker in the 1st quarter valued at $33,055,000. Finally, Dimensional Fund Advisors LP raised its stake in J. M. Smucker by 12.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,257,127 shares of the company’s stock valued at $267,252,000 after purchasing an additional 248,110 shares during the last quarter. 81.66% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. Cfra Research raised J. M. Smucker from a “hold” rating to a “moderate buy” rating in a research note on Wednesday, August 27th. Zacks Research upgraded J. M. Smucker to a “hold” rating in a report on Monday, August 11th. Stifel Nicolaus upped their target price on J. M. Smucker from $106.00 to $110.00 and gave the company a “hold” rating in a report on Tuesday, July 29th. BNP Paribas Exane upgraded J. M. Smucker from an “underperform” rating to an “outperform” rating and set a $120.00 target price for the company in a report on Wednesday, July 9th. Finally, JPMorgan Chase & Co. dropped their target price on J. M. Smucker from $129.00 to $126.00 and set an “overweight” rating for the company in a report on Thursday, August 28th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $118.00.

J. M. Smucker Stock Performance

NYSE SJM opened at $103.90 on Friday. The stock has a market cap of $11.08 billion, a PE ratio of -7.58, a P/E/G ratio of 7.14 and a beta of 0.25. The company has a current ratio of 0.81, a quick ratio of 0.34 and a debt-to-equity ratio of 1.19. The J. M. Smucker Company has a twelve month low of $93.30 and a twelve month high of $125.42. The stock has a fifty day simple moving average of $108.76 and a 200-day simple moving average of $108.96.

J. M. Smucker (NYSE:SJM) last released its quarterly earnings results on Wednesday, August 27th. The company reported $1.90 earnings per share for the quarter, missing analysts’ consensus estimates of $1.95 by ($0.05). The business had revenue of $2.11 billion for the quarter, compared to analysts’ expectations of $2.09 billion. J. M. Smucker had a positive return on equity of 15.41% and a negative net margin of 16.75%.The business’s revenue for the quarter was down .6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.44 earnings per share. J. M. Smucker has set its FY 2026 guidance at 8.500-9.500 EPS. Equities analysts anticipate that The J. M. Smucker Company will post 9.88 earnings per share for the current year.

Insider Buying and Selling at J. M. Smucker

In other news, CFO Tucker H. Marshall sold 11,139 shares of the stock in a transaction on Tuesday, September 30th. The stock was sold at an average price of $108.11, for a total transaction of $1,204,237.29. Following the completion of the transaction, the chief financial officer directly owned 33,864 shares in the company, valued at approximately $3,661,037.04. This represents a 24.75% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 2.24% of the company’s stock.

About J. M. Smucker

The J. M. Smucker Company manufactures and markets branded food and beverage products worldwide. It operates in three segments: U.S. Retail Pet Foods, U.S. Retail Coffee, and U.S. Retail Consumer Foods. The company offers mainstream roast, ground, single serve, and premium coffee; peanut butter and specialty spreads; fruit spreads, toppings, and syrups; jelly products; nut mix products; shortening and oils; frozen sandwiches and snacks; pet food and pet snacks; and foodservice hot beverage, foodservice portion control, and flour products, as well as dog and cat food, frozen handheld products, juices and beverages, and baking mixes and ingredients.