J. M. Smucker (NYSE:SJM) Price Target Raised to $136.00

J. M. Smucker (NYSE:SJM) had its price objective lifted by TD Cowen from $123.00 to $136.00 in a research note released on Thursday morning,Benzinga reports. The brokerage currently has a hold rating on the stock.

A number of other equities research analysts have also weighed in on the company. Morgan Stanley boosted their price target on J. M. Smucker from $106.00 to $110.00 and gave the stock an “equal weight” rating in a research note on Wednesday, June 10th. Bank of America increased 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, June 10th. Royal Bank Of Canada lifted their target price on shares of J. M. Smucker from $135.00 to $150.00 and gave the stock an “outperform” rating in a research note on Tuesday. BTIG Research reissued a “buy” rating on shares of J. M. Smucker in a research report on Wednesday. Finally, HC Wainwright set a $123.00 price target on shares of J. M. Smucker in a research note on Wednesday, August 19th. Ten research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $136.25.

J. M. Smucker Stock Up 0.2%

J. M. Smucker stock opened at $132.13 on Thursday. The company has a debt-to-equity ratio of 1.11, a current ratio of 0.87 and a quick ratio of 0.33. The stock has a market capitalization of $14.11 billion, a price-to-earnings ratio of 61.74, a PEG ratio of 1.80 and a beta of 0.25. J. M. Smucker has a 1-year low of $88.25 and a 1-year high of $135.89. The business has a fifty day moving average price of $117.70 and a 200-day moving average price of $108.14.

J. M. Smucker (NYSE:SJM) last announced its earnings results on Wednesday, August 26th. The company reported $3.24 earnings per share for the quarter, topping the consensus estimate of $2.22 by $1.02. J. M. Smucker had a return on equity of 19.85% and a net margin of 2.51%.The firm had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $2.13 billion. During the same period in the previous year, the business earned $1.90 EPS. The firm’s revenue for the quarter was up 5.0% on a year-over-year basis. J. M. Smucker has set its FY 2027 guidance at 10.500-11.000 EPS. Equities research analysts forecast that J. M. Smucker will post 10.54 EPS for the current fiscal year.

J. M. Smucker Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Friday, August 14th will be given a dividend of $1.12 per share. This is an increase from J. M. Smucker’s previous quarterly dividend of $1.10. This represents a $4.48 annualized dividend and a yield of 3.4%. The ex-dividend date is Friday, August 14th. J. M. Smucker’s dividend payout ratio (DPR) is -344.62%.

Insider Buying and Selling at J. M. Smucker

In other J. M. Smucker news, insider Jeannette L. Knudsen sold 5,550 shares of the company’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $116.29, for a total value of $645,409.50. Following the sale, the insider owned 16,039 shares in the company, valued at approximately $1,865,175.31. This represents a 25.71% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Tucker H. Marshall sold 3,630 shares of the firm’s stock in a transaction that occurred on Wednesday, June 24th. The stock was sold at an average price of $111.05, for a total transaction of $403,111.50. Following the sale, the chief financial officer directly owned 38,699 shares in the company, valued at $4,297,523.95. The trade was a 8.58% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 18,533 shares of company stock valued at $2,132,914. 2.80% of the stock is owned by company insiders.

Institutional Trading of J. M. Smucker

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SJM. Archer Investment Corp purchased a new stake in shares of J. M. Smucker during the 2nd quarter worth about $25,000. Garton & Associates Financial Advisors LLC purchased a new position in shares of J. M. Smucker in the 4th quarter valued at about $25,000. CYBER HORNET ETFs LLC purchased a new position in shares of J. M. Smucker in the 2nd quarter valued at about $27,000. Fideuram Asset Management Ireland dac acquired a new position in J. M. Smucker in the 4th quarter worth about $32,000. Finally, MCF Advisors LLC raised its holdings in J. M. Smucker by 68.1% in the 4th quarter. MCF Advisors LLC now owns 311 shares of the company’s stock worth $30,000 after purchasing an additional 126 shares during the period. Institutional investors and hedge funds own 81.66% of the company’s stock.

Key Headlines Impacting J. M. Smucker

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

• Positive Sentiment: SJM reported fiscal Q1 adjusted earnings of $3.24 per share, exceeding the $2.22 analyst consensus, while revenue reached $2.22 billion versus expectations of $2.13 billion. Sales increased 5% year over year, supporting the market’s positive reaction. J.M. Smucker Q1 2027 earnings beat, raises fiscal 2027 forecast
• Positive Sentiment: Management raised its fiscal 2027 adjusted EPS outlook to $10.50-$11.00, reinforcing confidence in brand investments, pricing, productivity measures, and cost management. Q1 2027 Earnings Call Prepared Remarks Transcript
• Positive Sentiment: Analysts responded by raising forecasts and price targets. TD Cowen lifted its target from $123 to $136, while maintaining a Hold rating, and other analysts cited the earnings beat and improved guidance. JM Smucker Analysts Raise Their Forecasts
• Neutral Sentiment: The rally has brought SJM near technical resistance and its 52-week high. Heavy institutional buying and improving earnings trends are supportive, but the stock’s roughly 62 P/E multiple leaves less room for execution disappointments. J.M. Smucker’s Rally Nears a Key Test
• Negative Sentiment: Analysts cautioned that adjusted EPS benefited materially from a tariff-related refund. Excluding that one-time benefit, the quarter’s underlying improvement was less dramatic, which could temper enthusiasm about the durability of the earnings growth. Adjusted EPS and tariff refund analysis
• Negative Sentiment: Despite the improved outlook, management’s emphasis on caution, continued brand spending, and cost discipline signals that margins and consumer demand remain important risks. SJM also carries relatively high leverage and weak near-term liquidity ratios.

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.