J. M. Smucker (NYSE:SJM) Releases Earnings Results

J. M. Smucker (NYSE:SJM) issued its quarterly earnings data on Thursday. The company reported $2.38 EPS for the quarter, beating the consensus estimate of $2.27 by $0.11, Briefing.com reports. The firm had revenue of $2.34 billion during the quarter, compared to the consensus estimate of $2.32 billion. J. M. Smucker had a negative net margin of 14.07% and a positive return on equity of 15.42%. The company’s quarterly revenue was up 7.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.61 earnings per share.

Here are the key takeaways from J. M. Smucker’s conference call:

• Management described the recent engagement with activist Elliott as “constructive,” highlighting alignment on operating improvements, disciplined capital allocation and governance changes, including two new board additions to support strategic execution.
• Sweet baked snacks (Hostess) remains a drag with low double‑digit exit declines, an Emporia plant fire and the Indianapolis closure weighing on results, and the company will begin amortizing the Hostess trademark (contributing to a full‑year amortization outlook of approximately $210 million).
• Coffee outlook is constructive — management expects green‑coffee deflation and the lapping of roughly $75 million of tariffs to drive profit and margin improvement, with a mid‑20s segment profit margin expected in Q4.
• Company kept fiscal EPS guidance centered on a $9 midpoint (range remains wide), saying coffee upside could offset sweet baked softness while SG&A savings from timing and efficiencies are largely already reflected in guidance.
• Key growth engines performed well: Uncrustables grew ~10% overall with expanded C‑store and away‑from‑home distribution and ~3.5 million new households, and pet brands (Meow Mix, Milk‑Bone) showed continued innovation‑driven growth despite softness in some dog‑snack SKUs.

J. M. Smucker Stock Up 0.0%

J. M. Smucker stock traded up $0.06 during mid-day trading on Friday, hitting $116.06. The company had a trading volume of 12,228,498 shares, compared to its average volume of 2,068,145. J. M. Smucker has a 12 month low of $93.30 and a 12 month high of $121.48. The company has a market capitalization of $12.38 billion, a PE ratio of -9.84, a price-to-earnings-growth ratio of 7.09 and a beta of 0.23. The stock’s 50 day moving average price is $104.10 and its two-hundred day moving average price is $105.42. The company has a current ratio of 0.89, a quick ratio of 0.37 and a debt-to-equity ratio of 1.16.

J. M. Smucker Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Friday, February 13th will be issued a $1.10 dividend. This represents a $4.40 annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend is Friday, February 13th. J. M. Smucker’s payout ratio is -37.32%.

Analyst Upgrades and Downgrades

A number of research firms have commented on SJM. Weiss Ratings reaffirmed a “sell (d)” rating on shares of J. M. Smucker in a research report on Wednesday, January 21st. UBS Group decreased their target price on J. M. Smucker from $120.00 to $117.00 and set a “buy” rating for the company in a report on Wednesday, November 26th. Bank of America raised J. M. Smucker from a “neutral” rating to a “buy” rating and set a $130.00 price target for the company in a research note on Monday, February 23rd. Canaccord Genuity Group raised shares of J. M. Smucker to a “buy” rating in a research report on Friday, January 16th. Finally, Morgan Stanley restated an “equal weight” rating and issued a $105.00 price objective (down from $115.00) on shares of J. M. Smucker in a report on Friday, January 16th. Eight analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $118.00.

Trending Headlines about J. M. Smucker

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

• Positive Sentiment: Activist resolution — Elliott secured two board seats and Smucker agreed to add two independent directors; the development sparked a strong investor rally. Reuters: J.M. Smucker adds two directors after private discussions with activist Elliott
• Positive Sentiment: Earnings beat and revenue growth — Q3 adjusted EPS $2.38 vs. $2.27 est; revenue $2.34B, +7% YoY driven by pricing in the coffee business, which helped offset cost headwinds. This beat underpins near‑term confidence. Zacks: Smucker Q3 Earnings Beat
• Positive Sentiment: Analyst upgrades and higher targets — Wells Fargo raised its target to $135 (Overweight) and Sanford C. Bernstein raised its target to $121 (Market Perform); JPMorgan also nudged its target higher. These raises provide additional buy‑side support. Benzinga: Analyst target updates TickerReport: Wells Fargo note
• Neutral Sentiment: Earnings materials and call — The company posted its slide deck, earnings presentation and call transcript, which give more detail on margin drivers, capital allocation and guidance adjustments for investors doing deeper due diligence. Seeking Alpha: Q3 Results Presentation
• Negative Sentiment: Guidance headwinds and cost pressures — Management trimmed its sales‑growth outlook citing a recent manufacturing‑facility fire; higher green‑coffee costs and tariffs pressured year‑over‑year earnings despite the beat. These factors limit upside until guidance and cost trends stabilize. WSJ: Sales rise but guidance lowered after plant fire

Hedge Funds Weigh In On J. M. Smucker

A number of hedge funds have recently bought and sold shares of SJM. Two Sigma Investments LP boosted its holdings in J. M. Smucker by 6,854.4% in the third quarter. Two Sigma Investments LP now owns 1,527,962 shares of the company’s stock worth $165,937,000 after purchasing an additional 1,505,991 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of J. M. Smucker by 33.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,392,300 shares of the company’s stock valued at $331,807,000 after buying an additional 850,943 shares during the period. AQR Capital Management LLC boosted its stake in shares of J. M. Smucker by 339.1% in the 3rd quarter. AQR Capital Management LLC now owns 1,029,222 shares of the company’s stock worth $111,156,000 after buying an additional 794,851 shares during the last quarter. NewEdge Advisors LLC boosted its stake in shares of J. M. Smucker by 10,549.5% in the 4th quarter. NewEdge Advisors LLC now owns 533,434 shares of the company’s stock worth $52,175,000 after buying an additional 528,425 shares during the last quarter. Finally, Hotchkis & Wiley Capital Management LLC bought a new stake in shares of J. M. Smucker in the third quarter worth $55,736,000. Institutional investors own 81.66% of the company’s stock.

J. M. Smucker Company 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.