Investors purchased shares of J.M. Smucker Co. (NYSE:SJM) on weakness during trading on Friday. $39.05 million flowed into the stock on the tick-up and $26.60 million flowed out of the stock on the tick-down, for a money net flow of $12.45 million into the stock. Of all stocks tracked, J.M. Smucker had the 27th highest net in-flow for the day. J.M. Smucker traded down ($0.97) for the day and closed at $155.23

A number of analysts recently commented on SJM shares. Goldman Sachs Group Inc. reissued a “sell” rating and set a $131.00 price objective (up previously from $128.00) on shares of J.M. Smucker in a report on Friday, July 15th. Hilliard Lyons downgraded shares of J.M. Smucker from a “neutral” rating to an “underperform” rating in a report on Thursday, June 23rd. Deutsche Bank AG restated a “buy” rating and set a $143.00 target price (up previously from $137.00) on shares of J.M. Smucker in a research report on Friday, June 3rd. JPMorgan Chase & Co. lifted their target price on shares of J.M. Smucker from $122.00 to $128.00 and gave the stock a “sell” rating in a research report on Monday, June 20th. Finally, Credit Suisse Group AG restated a “buy” rating and set a $158.00 target price (up previously from $156.00) on shares of J.M. Smucker in a research report on Friday, June 10th. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. J.M. Smucker has an average rating of “Hold” and an average price target of $146.80.

The company has a market capitalization of $18.07 billion and a PE ratio of 26.95. The company has a 50-day moving average of $151.39 and a 200 day moving average of $134.43.

J.M. Smucker (NYSE:SJM) last announced its earnings results on Thursday, June 9th. The company reported $1.86 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.19 by $0.67. During the same quarter in the prior year, the company earned $0.98 EPS. The company earned $1.81 billion during the quarter, compared to the consensus estimate of $1.75 billion. The business’s quarterly revenue was up 24.9% on a year-over-year basis. On average, equities research analysts expect that J.M. Smucker Co. will post $7.70 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 1st. Investors of record on Friday, August 12th will be given a $0.75 dividend. This is a boost from J.M. Smucker’s previous quarterly dividend of $0.67. The ex-dividend date of this dividend is Wednesday, August 10th. This represents a $3.00 dividend on an annualized basis and a yield of 1.93%.

In other news, CFO Mark R. Belgya sold 4,500 shares of the firm’s stock in a transaction dated Monday, June 13th. The shares were sold at an average price of $144.20, for a total transaction of $648,900.00. Following the completion of the transaction, the chief financial officer now owns 46,820 shares in the company, valued at approximately $6,751,444. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director David J. West sold 865 shares of the firm’s stock in a transaction dated Friday, June 24th. The shares were sold at an average price of $145.65, for a total transaction of $125,987.25. Following the transaction, the director now owns 206,790 shares of the company’s stock, valued at approximately $30,118,963.50. The disclosure for this sale can be found here.

Several institutional investors have bought and sold shares of SJM. Mutual of America Capital Management LLC raised its position in J.M. Smucker by 17.3% in the fourth quarter. Mutual of America Capital Management LLC now owns 13,977 shares of the company’s stock valued at $1,724,000 after buying an additional 2,065 shares during the period. Cornerstone Capital Management Holdings LLC. raised its position in J.M. Smucker by 78.9% in the fourth quarter. Cornerstone Capital Management Holdings LLC. now owns 41,131 shares of the company’s stock valued at $5,073,000 after buying an additional 18,135 shares during the period. Bank of Montreal Can raised its position in J.M. Smucker by 76.3% in the fourth quarter. Bank of Montreal Can now owns 84,878 shares of the company’s stock valued at $10,470,000 after buying an additional 36,746 shares during the period. Principal Financial Group Inc. raised its position in J.M. Smucker by 19.7% in the fourth quarter. Principal Financial Group Inc. now owns 180,219 shares of the company’s stock valued at $22,229,000 after buying an additional 29,605 shares during the period. Finally, Aberdeen Asset Management PLC UK raised its position in J.M. Smucker by 41.3% in the fourth quarter. Aberdeen Asset Management PLC UK now owns 30,595 shares of the company’s stock valued at $3,619,000 after buying an additional 8,940 shares during the period.

The J. M. Smucker Company is a manufacturer and marketer of consumer food and beverage products and pet food and pet snacks in North America. The Company has four segments: U.S. Retail Coffee, U.S. Retail Consumer Foods, U.S. Retail Pet Foods, and International, Foodservice and Natural Foods. The Company’s U.S.

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