Hudson Edge Investment Partners Inc. Has $6.51 Million Stock Holdings in The J. M. Smucker Company $SJM

Hudson Edge Investment Partners Inc. boosted its holdings in The J. M. Smucker Company (NYSE:SJM) by 9.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 59,897 shares of the company’s stock after buying an additional 5,274 shares during the quarter. Hudson Edge Investment Partners Inc. owned approximately 0.06% of J. M. Smucker worth $6,505,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in SJM. Fairway Wealth LLC bought a new stake in J. M. Smucker in the 3rd quarter valued at about $59,000. Rakuten Investment Management Inc. purchased a new position in J. M. Smucker in the third quarter valued at about $12,278,000. HMS Capital Management LLC raised its stake in shares of J. M. Smucker by 4.8% in the third quarter. HMS Capital Management LLC now owns 10,054 shares of the company’s stock valued at $1,092,000 after buying an additional 458 shares during the period. Vest Financial LLC lifted its holdings in J. M. Smucker by 11.1% during the third quarter. Vest Financial LLC now owns 504,715 shares of the company’s stock valued at $54,812,000 after purchasing an additional 50,523 shares during the last quarter. Finally, Sage Mountain Advisors LLC boosted its holdings in J. M. Smucker by 17.4% in the 3rd quarter. Sage Mountain Advisors LLC now owns 3,637 shares of the company’s stock worth $395,000 after buying an additional 538 shares during the period. 81.66% of the stock is currently owned by institutional investors.

J. M. Smucker Stock Down 1.0%

SJM opened at $102.19 on Thursday. The firm’s fifty day moving average is $101.15 and its 200 day moving average is $105.36. The stock has a market cap of $10.90 billion, a price-to-earnings ratio of -9.11, a price-to-earnings-growth ratio of 7.02 and a beta of 0.23. The J. M. Smucker Company has a fifty-two week low of $93.30 and a fifty-two week high of $121.48. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.37 and a current ratio of 0.89.

J. M. Smucker (NYSE:SJM) last posted its earnings results on Tuesday, November 25th. The company reported $2.10 EPS for the quarter, missing analysts’ consensus estimates of $2.12 by ($0.02). J. M. Smucker had a positive return on equity of 15.26% and a negative net margin of 13.61%.The firm had revenue of $2.33 billion during the quarter, compared to analysts’ expectations of $2.32 billion. During the same quarter in the prior year, the firm posted $2.76 earnings per share. J. M. Smucker’s quarterly revenue was up 2.6% on a year-over-year basis. J. M. Smucker has set its FY 2026 guidance at 8.750-9.250 EPS. On average, sell-side analysts forecast that The J. M. Smucker Company will post 9.88 earnings per share for the current fiscal year.

J. M. Smucker Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 2nd. Investors of record on Friday, February 13th will be paid a $1.10 dividend. The ex-dividend date of this dividend is Friday, February 13th. This represents a $4.40 annualized dividend and a yield of 4.3%. J. M. Smucker’s dividend payout ratio is -39.22%.

Analyst Ratings Changes

Several analysts have issued reports on SJM shares. Sanford C. Bernstein increased their target price on shares of J. M. Smucker from $110.00 to $113.00 and gave the stock a “market perform” rating in a research note on Wednesday, November 26th. Stifel Nicolaus decreased their target price on shares of J. M. Smucker from $115.00 to $110.00 and set a “hold” rating on the stock in a research report on Wednesday, November 26th. UBS Group decreased their target price on shares of J. M. Smucker from $120.00 to $117.00 and set a “buy” rating on the stock in a research note on Wednesday, November 26th. Canaccord Genuity Group upgraded J. M. Smucker to a “buy” rating in a research report on Friday, January 16th. Finally, Citigroup reiterated a “hold” rating on shares of J. M. Smucker in a research report on Wednesday, November 26th. Seven analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $114.93.

J. M. Smucker Profile

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.