The J. M. Smucker Company $SJM Shares Bought by MGO One Seven LLC

MGO One Seven LLC increased its holdings in shares of The J. M. Smucker Company (NYSE:SJM) by 9.4% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 5,665 shares of the company’s stock after acquiring an additional 485 shares during the period. MGO One Seven LLC’s holdings in J. M. Smucker were worth $556,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Tortoise Investment Management LLC increased its position in shares of J. M. Smucker by 87.0% in the first quarter. Tortoise Investment Management LLC now owns 215 shares of the company’s stock valued at $25,000 after buying an additional 100 shares in the last quarter. N.E.W. Advisory Services LLC purchased a new stake in shares of J. M. Smucker in the first quarter valued at approximately $30,000. Nova Wealth Management Inc. purchased a new stake in shares of J. M. Smucker in the second quarter valued at approximately $25,000. Cooksen Wealth LLC purchased a new stake in shares of J. M. Smucker in the first quarter valued at approximately $33,000. Finally, National Pension Service increased its position in shares of J. M. Smucker by 74.9% in the first quarter. National Pension Service now owns 383 shares of the company’s stock valued at $45,000 after buying an additional 164 shares in the last quarter. 81.66% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CFO Tucker H. Marshall sold 11,139 shares of the company’s stock in a transaction that occurred on Tuesday, September 30th. The stock was sold at an average price of $108.11, for a total value of $1,204,237.29. Following 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 2.24% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. BNP Paribas upgraded J. M. Smucker from a “strong sell” rating to a “strong-buy” rating in a research report on Wednesday, July 9th. Bank of America lowered their price objective on J. M. Smucker from $120.00 to $118.00 and set a “neutral” rating on the stock in a report on Thursday, August 28th. Morgan Stanley lifted their price objective on J. M. Smucker from $115.00 to $118.00 and gave the stock an “overweight” rating in a report on Monday, August 18th. BNP Paribas Exane upgraded J. M. Smucker from an “underperform” rating to an “outperform” rating and set a $120.00 price objective on the stock in a report on Wednesday, July 9th. Finally, DA Davidson raised their price objective on J. M. Smucker from $104.00 to $112.00 and gave the company a “neutral” rating in a report on Thursday, August 28th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $118.00.

J. M. Smucker Price Performance

SJM stock opened at $105.39 on Friday. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.81 and a quick ratio of 0.34. The business has a 50 day simple moving average of $108.66 and a 200-day simple moving average of $108.87. The firm has a market capitalization of $11.24 billion, a PE ratio of -7.69, a price-to-earnings-growth ratio of 7.17 and a beta of 0.25. The J. M. Smucker Company has a 1 year low of $93.30 and a 1 year high of $125.42.

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

J. M. Smucker Profile

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.