PNC Financial Services Group Inc. Acquires 4,547 Shares of The J. M. Smucker Company $SJM

Posted by Brenda Bartman on Jul 26th, 2026

PNC Financial Services Group Inc. grew its holdings in The J. M. Smucker Company (NYSE:SJM – Free Report) by 4.1% in the first quarter, HoldingsChannel reports. The institutional investor owned 115,475 shares of the company’s stock after acquiring an additional 4,547 shares during the period. PNC Financial Services Group Inc.’s holdings in J. M. Smucker were worth $11,136,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Garton & Associates Financial Advisors LLC acquired a new stake in shares of J. M. Smucker during the 4th quarter valued at about $25,000. CYBER HORNET ETFs LLC acquired a new position in J. M. Smucker in the second quarter worth about $27,000. MCF Advisors LLC raised its position in J. M. Smucker by 68.1% in 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 bought a new position in J. M. Smucker during the second quarter worth about $31,000. Finally, Fideuram Asset Management Ireland dac bought a new position in J. M. Smucker during the fourth quarter worth about $32,000. 81.66% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. Morgan Stanley upped their price objective on J. M. Smucker from $106.00 to $110.00 and gave the company an “equal weight” rating in a research note on Wednesday, June 10th. Wall Street Zen downgraded J. M. Smucker from a “buy” rating to a “hold” rating in a research report on Saturday. Evercore reaffirmed an “outperform” rating and issued a $125.00 price target on shares of J. M. Smucker in a research note on Thursday. Weiss Ratings upgraded J. M. Smucker from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday. Finally, BTIG Research set a $130.00 price target on J. M. Smucker in a research report on Wednesday, June 10th. Nine analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $121.67.

Check Out Our Latest Report on J. M. Smucker

J. M. Smucker Price Performance

NYSE:SJM opened at $118.31 on Friday. The company has a quick ratio of 0.33, a current ratio of 0.78 and a debt-to-equity ratio of 1.15. The firm has a market cap of $12.62 billion, a PE ratio of -91.01, a price-to-earnings-growth ratio of 1.65 and a beta of 0.26. The J. M. Smucker Company has a 12 month low of $88.25 and a 12 month high of $119.39. The company’s 50-day moving average price is $109.88 and its two-hundred day moving average price is $104.71.

J. M. Smucker (NYSE:SJM – Get Free Report) last posted its quarterly earnings data on Tuesday, June 9th. The company reported $2.77 earnings per share 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 company had revenue of $2.27 billion during the quarter, compared to analyst estimates of $2.26 billion. During the same quarter last year, the business posted $2.31 earnings per share. The company’s revenue was up 5.8% on a year-over-year basis. J. M. Smucker has set its FY 2027 guidance at 9.750-10.250 EPS. On average, equities analysts anticipate that The J. M. Smucker Company will post 9.95 EPS for the current fiscal 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 boost from J. M. Smucker’s previous quarterly dividend of $1.10. The ex-dividend date is Friday, August 14th. This represents a $4.48 dividend on an annualized basis and a yield of 3.8%. J. M. Smucker’s dividend payout ratio is currently -338.46%.

Insider Activity at J. M. Smucker

In related news, CFO Tucker H. Marshall sold 3,630 shares of the firm’s stock in a transaction on 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 sale, the chief financial officer directly owned 38,699 shares of the company’s stock, valued at $4,297,523.95. This trade represents a 8.58% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Jill R. Penrose sold 5,000 shares of J. M. Smucker stock in a transaction on Monday, June 29th. The shares were sold at an average price of $116.69, for a total value of $583,450.00. Following the completion of the transaction, the insider owned 15,795 shares of the company’s stock, valued at approximately $1,843,118.55. The trade was a 24.04% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 18,533 shares of company stock valued at $2,132,914 in the last three months. Corporate 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.