J. M. Smucker (NYSE:SJM) Insider Sells $645,409.50 in Stock

The J. M. Smucker Company (NYSE:SJM) insider Jeannette Knudsen sold 5,550 shares of the company’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $116.29, for a total transaction of $645,409.50. Following the sale, the insider directly owned 16,039 shares in the company, valued at $1,865,175.31. This represents a 25.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.

J. M. Smucker Stock Performance

NYSE SJM opened at $116.05 on Monday. The J. M. Smucker Company has a 1-year low of $88.25 and a 1-year high of $119.39. The company has a 50 day moving average of $99.63 and a 200-day moving average of $101.99. The company has a current ratio of 0.78, a quick ratio of 0.33 and a debt-to-equity ratio of 1.15. The firm has a market cap of $12.38 billion, a price-to-earnings ratio of -89.27, a PEG ratio of 1.63 and a beta of 0.27.

J. M. Smucker (NYSE:SJM) last announced its earnings results on Tuesday, June 9th. The company reported $2.77 EPS for the quarter, topping the consensus estimate of $2.64 by $0.13. The business had revenue of $2.27 billion for 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%.J. M. Smucker’s revenue was up 5.8% compared to the same quarter last year. 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. On average, equities analysts forecast that The J. M. Smucker Company will post 9.95 earnings per share for the current fiscal year.

J. M. Smucker Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Friday, May 15th were paid a $1.10 dividend. The ex-dividend date of this dividend was Friday, May 15th. This represents a $4.40 dividend on an annualized basis and a yield of 3.8%. J. M. Smucker’s payout ratio is currently -338.46%.

Hedge Funds Weigh In On J. M. Smucker

Several hedge funds have recently added to or reduced their stakes in the company. UBS Group AG raised its holdings in J. M. Smucker by 238.7% during the 4th quarter. UBS Group AG now owns 3,924,282 shares of the company’s stock worth $383,834,000 after purchasing an additional 2,765,559 shares during the last quarter. Two Sigma Investments LP boosted its stake in shares of J. M. Smucker by 6,854.4% in the 3rd quarter. Two Sigma Investments LP now owns 1,527,962 shares of the company’s stock valued at $165,937,000 after purchasing an additional 1,505,991 shares during the last quarter. National Bank of Canada FI grew its position in shares of J. M. Smucker by 797.4% during the 3rd quarter. National Bank of Canada FI now owns 1,401,173 shares of the company’s stock worth $152,167,000 after buying an additional 1,245,035 shares during the period. Capitolis Liquid Global Markets LLC acquired a new stake in shares of J. M. Smucker during the 3rd quarter worth approximately $112,944,000. Finally, Norges Bank bought a new stake in shares of J. M. Smucker during the fourth quarter worth approximately $92,960,000. Institutional investors own 81.66% of the company’s stock.

Wall Street Analyst Weigh In

SJM has been the subject of a number of research analyst reports. JPMorgan Chase & Co. lifted their price target on J. M. Smucker from $120.00 to $125.00 and gave the company an “overweight” rating in a report on Wednesday, June 10th. Morgan Stanley increased 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 report on Wednesday. Bank of America raised their price objective on shares of J. M. Smucker from $130.00 to $132.00 and gave the company a “buy” rating in a research report on Wednesday. BTIG Research set a $130.00 target price on shares of J. M. Smucker in a research note on Wednesday. Finally, Wall Street Zen upgraded shares of J. M. Smucker from a “hold” rating to a “buy” rating in a research report on Saturday. Ten equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $121.13.

More J. M. Smucker News

Here are the key news stories impacting J. M. Smucker this week:

• Negative Sentiment: An insider sale by Jeannette L. Knudsen of 5,550 shares at an average price of $116.29 may weigh on sentiment, since insider selling can signal caution, even though the transaction was relatively small versus the company’s market value. SEC filing
• Negative Sentiment: Technical commentary flagged SJM as overbought and near resistance, suggesting the recent rally could be running out of momentum and may face near-term pullback pressure. Article
• Negative Sentiment: Seeking Alpha noted that while quarterly earnings beat expectations, fiscal 2027 guidance looks muted, with revenue expected to fall and free cash flow projected to decline, which could limit upside for investors. Article
• Negative Sentiment: TipRanks reported a new risk disclosure related to stakeholder sentiment and activism, adding another governance-related headwind to valuation. Article
• Neutral Sentiment: Analyst and media coverage remains mixed, with TD Cowen issuing a Hold and several articles debating whether Smucker’s recent move has already topped out. Article
• Neutral Sentiment: Jim Cramer said food stocks still have “scarcity value” and referenced Smucker’s pet food, coffee, Uncrustables, and peanut butter businesses, which supports the company’s defensive appeal but is not a direct catalyst. Article
• Neutral Sentiment: Commentary on evolving consumer demand trends suggests investors are still reassessing Smucker’s growth profile, but it does not point to a clear near-term catalyst. Article

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.