JPMorgan Chase & Co. Issues Positive Forecast for J. M. Smucker (NYSE:SJM) Stock Price

Posted by Brian Himes on Aug 15th, 2026

J. M. Smucker (NYSE:SJM – Free Report) had its target price lifted by JPMorgan Chase & Co. from $125.00 to $139.00 in a report issued on Friday,Benzinga reports. They currently have an overweight rating on the stock.

Other equities research analysts have also recently issued research reports about the company. Wells Fargo & Company set a $115.00 price objective on J. M. Smucker in a research note on Wednesday, June 10th. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $137.00 target price on shares of J. M. Smucker in a report on Wednesday, June 10th. Weiss Ratings upgraded shares of J. M. Smucker from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, July 23rd. Wall Street Zen upgraded shares of J. M. Smucker from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Finally, Morgan Stanley raised their price objective on shares of J. M. Smucker from $106.00 to $110.00 and gave the stock an “equal weight” rating in a research report on Wednesday, June 10th. Nine analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $123.40.

Read Our Latest Stock Analysis on J. M. Smucker

J. M. Smucker Stock Performance

NYSE SJM opened at $121.45 on Friday. The company has a fifty day moving average of $115.25 and a two-hundred day moving average of $106.78. The company has a market capitalization of $12.95 billion, a PE ratio of -93.42, a P/E/G ratio of 1.68 and a beta of 0.25. J. M. Smucker has a 1 year low of $88.25 and a 1 year high of $127.64. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.78 and a quick ratio of 0.33.

J. M. Smucker (NYSE:SJM – Get Free Report) last posted its earnings results on Tuesday, June 9th. The company reported $2.77 earnings per share for the quarter, beating the consensus estimate of $2.64 by $0.13. The business had revenue of $2.27 billion during 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%.The business’s quarterly revenue was up 5.8% on a year-over-year basis. During the same period in the previous year, the business earned $2.31 EPS. J. M. Smucker has set its FY 2027 guidance at 9.750-10.250 EPS. As a group, analysts expect that J. M. Smucker will post 9.95 earnings per share for the current year.

J. M. Smucker Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Friday, August 14th will be issued a $1.12 dividend. The ex-dividend date of this dividend is Friday, August 14th. This is an increase from J. M. Smucker’s previous quarterly dividend of $1.10. This represents a $4.48 dividend on an annualized basis and a dividend yield of 3.7%. J. M. Smucker’s dividend payout ratio is presently -338.46%.

Insider Transactions at J. M. Smucker

In related news, insider Jill R. Penrose sold 5,000 shares of the stock in a transaction on Monday, June 29th. The stock was sold at an average price of $116.69, for a total transaction of $583,450.00. Following the completion of the sale, the insider directly owned 15,795 shares of the company’s stock, valued at $1,843,118.55. This trade represents a 24.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Jeannette L. Knudsen sold 4,353 shares of the stock in a transaction on Friday, June 26th. The stock was sold at an average price of $115.08, for a total value of $500,943.24. Following the sale, the insider directly owned 16,835 shares of the company’s stock, valued at approximately $1,937,371.80. This represents a 20.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 18,533 shares of company stock worth $2,132,914 over the last 90 days. 2.80% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in SJM. Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in shares of J. M. Smucker by 4.7% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 271,304 shares of the company’s stock valued at $26,216,000 after buying an additional 12,220 shares during the period. Hudson Edge Investment Partners Inc. grew its holdings in J. M. Smucker by 20.9% during the fourth quarter. Hudson Edge Investment Partners Inc. now owns 72,437 shares of the company’s stock worth $7,085,000 after acquiring an additional 12,540 shares during the period. Royal Bank of Canada raised its position in J. M. Smucker by 36.3% in the first quarter. Royal Bank of Canada now owns 168,591 shares of the company’s stock worth $16,258,000 after acquiring an additional 44,935 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its position in J. M. Smucker by 130.7% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 184,104 shares of the company’s stock worth $18,007,000 after acquiring an additional 104,299 shares in the last quarter. Finally, Swedbank AB lifted its holdings in J. M. Smucker by 17.8% in the fourth quarter. Swedbank AB now owns 180,595 shares of the company’s stock valued at $17,664,000 after acquiring an additional 27,272 shares during the period. 81.66% of the stock is owned by hedge funds and other institutional investors.

About J. M. Smucker

(Get 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.