J. M. Smucker (NYSE:SJM) Issues FY 2026 Earnings Guidance

J. M. Smucker (NYSE:SJM) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided EPS guidance of 8.750-9.250 for the period, compared to the consensus EPS estimate of 9.000. The company issued revenue guidance of $9.0 billion-$9.1 billion, compared to the consensus revenue estimate of $9.1 billion.

J. M. Smucker Stock Performance

NYSE SJM traded up $1.83 during trading hours on Tuesday, hitting $109.29. The company had a trading volume of 2,297,976 shares, compared to its average volume of 1,594,016. The business has a 50 day moving average of $101.30 and a 200-day moving average of $105.30. The company has a market cap of $11.66 billion, a PE ratio of -9.74, a price-to-earnings-growth ratio of 7.45 and a beta of 0.23. J. M. Smucker has a 1-year low of $93.30 and a 1-year 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 announced its earnings results on Tuesday, November 25th. The company reported $2.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.12 by ($0.02). The firm had revenue of $2.33 billion during the quarter, compared to analyst estimates of $2.32 billion. J. M. Smucker had a negative net margin of 13.61% and a positive return on equity of 15.26%. The firm’s revenue for the quarter was up 2.6% compared to the same quarter last year. During the same period last year, the company earned $2.76 earnings per share. J. M. Smucker has set its FY 2026 guidance at 8.750-9.250 EPS. As a group, equities research analysts expect that J. M. Smucker will post 9.88 EPS for the current year.

J. M. Smucker Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Friday, February 13th will be issued a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend is Friday, February 13th. J. M. Smucker’s dividend payout ratio is presently -39.22%.

Analyst Ratings Changes

SJM has been the topic of several recent research reports. Canaccord Genuity Group upgraded J. M. Smucker to a “buy” rating in a research report on Friday, January 16th. Weiss Ratings reiterated a “sell (d)” rating on shares of J. M. Smucker in a research note on Wednesday, January 21st. UBS Group cut their price target on J. M. Smucker from $120.00 to $117.00 and set a “buy” rating for the company in a research note on Wednesday, November 26th. JPMorgan Chase & Co. decreased their price target on J. M. Smucker from $122.00 to $121.00 and set an “overweight” rating for the company in a report on Wednesday, November 26th. Finally, Sanford C. Bernstein boosted their price objective on shares of J. M. Smucker from $110.00 to $113.00 and gave the company a “market perform” rating in a research note on Wednesday, November 26th. Seven analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given 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.

Institutional Trading of J. M. Smucker

Several hedge funds and other institutional investors have recently made changes to their positions in SJM. Glenmede Investment Management LP increased its holdings in J. M. Smucker by 1.5% in the third quarter. Glenmede Investment Management LP now owns 8,393 shares of the company’s stock valued at $911,000 after buying an additional 120 shares in the last quarter. American Century Companies Inc. increased its stake in J. M. Smucker by 6.7% in the 2nd quarter. American Century Companies Inc. now owns 2,209 shares of the company’s stock valued at $217,000 after purchasing an additional 138 shares in the last quarter. Public Employees Retirement System of Ohio raised its holdings in J. M. Smucker by 0.6% during the third quarter. Public Employees Retirement System of Ohio now owns 32,376 shares of the company’s stock worth $3,516,000 after purchasing an additional 201 shares during the last quarter. Vident Advisory LLC boosted its position in J. M. Smucker by 11.0% during the second quarter. Vident Advisory LLC now owns 2,242 shares of the company’s stock worth $220,000 after purchasing an additional 223 shares in the last quarter. Finally, Lido Advisors LLC grew its holdings in J. M. Smucker by 9.0% in the third quarter. Lido Advisors LLC now owns 2,742 shares of the company’s stock valued at $298,000 after purchasing an additional 227 shares during the last quarter. Institutional investors and hedge funds own 81.66% of the company’s stock.

About J. M. Smucker

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.