J. M. Smucker (NYSE:SJM) Stock Price Expected to Rise, Wells Fargo & Company Analyst Says

J. M. Smucker (NYSE:SJM) had its price target hoisted by analysts at Wells Fargo & Company from $125.00 to $129.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm currently has an “overweight” rating on the stock. Wells Fargo & Company‘s target price indicates a potential upside of 11.91% from the company’s current price.

Several other research firms also recently commented on SJM. Sanford C. Bernstein decreased their price objective on shares of J. M. Smucker from $145.00 to $134.00 and set an “outperform” rating on the stock in a report on Monday, May 4th. BNP Paribas Exane set a $125.00 price target on shares of J. M. Smucker in a research note on Thursday, April 9th. Morgan Stanley raised 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 research report on Wednesday. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $95.00 target price on shares of J. M. Smucker in a research report on Wednesday, May 20th. Finally, BTIG Research set a $130.00 price target on J. M. Smucker in a report on Wednesday. Eleven analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, J. M. Smucker currently has an average rating of “Hold” and a consensus price target of $118.18.

J. M. Smucker Price Performance

NYSE:SJM opened at $115.28 on Wednesday. The company has a quick ratio of 0.35, a current ratio of 0.84 and a debt-to-equity ratio of 1.31. The stock’s 50 day moving average price is $98.37 and its two-hundred day moving average price is $101.73. The firm has a market capitalization of $12.29 billion, a price-to-earnings ratio of -9.66, a P/E/G ratio of 6.89 and a beta of 0.27. J. M. Smucker has a 12-month low of $88.25 and a 12-month high of $119.39.

J. M. Smucker (NYSE:SJM) last issued 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. J. M. Smucker had a positive return on equity of 15.94% and a negative net margin of 14.07%.The company had revenue of $2.27 billion during the quarter, compared to the consensus estimate of $2.26 billion. During the same period in the previous year, the company posted $2.31 EPS. The firm’s revenue for the quarter was up 5.8% compared to the same quarter last year. J. M. Smucker has set its FY 2027 guidance at 9.750-10.250 EPS. On average, analysts anticipate that J. M. Smucker will post 9.03 earnings per share for the current year.

Hedge Funds Weigh In On J. M. Smucker

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. UBS Group AG grew its holdings in shares of 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 in the last quarter. Two Sigma Investments LP raised its stake 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 valued at $165,937,000 after purchasing an additional 1,505,991 shares in the last quarter. National Bank of Canada FI lifted its position in J. M. Smucker by 797.4% during the third quarter. National Bank of Canada FI now owns 1,401,173 shares of the company’s stock worth $152,167,000 after purchasing an additional 1,245,035 shares during the period. Capitolis Liquid Global Markets LLC acquired a new stake in J. M. Smucker during the third quarter worth about $112,944,000. Finally, Norges Bank acquired a new stake in J. M. Smucker during the fourth quarter worth about $92,960,000. 81.66% of the stock is owned by institutional investors and hedge funds.

More J. M. Smucker News

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

• Positive Sentiment: Smucker delivered stronger-than-expected Q4 earnings and revenue, with EPS of $2.77 topping estimates and sales coming in slightly ahead of forecasts, helping fuel the stock’s rally. The J.M. Smucker Co. Announces Fiscal Year 2026 Fourth Quarter Results and Provides Full-Year Fiscal 2027 Outlook
• Positive Sentiment: Management said higher pricing and lower costs boosted profits and free cash flow, which investors viewed as a sign the turnaround is gaining traction. Why J.M. Smucker Stock Jumped Today
• Positive Sentiment: Unusually heavy call-option buying suggested traders were positioning for more near-term upside in the shares. Stock Traders Buy Large Volume of Call Options on J. M. Smucker (NYSE:SJM)
• Neutral Sentiment: Analysts revised forecasts after the earnings release, but the updates appear mixed overall as the company’s stronger profits are balanced by a softer sales outlook. These Analysts Boost Their Forecasts On JM Smucker Following Q4 Earnings
• Neutral Sentiment: Jim Cramer expressed skepticism about the durability of the recent rally, noting that Smucker has surged before after earnings only to give back gains later. Jim Cramer Is Skeptical of Recent Rally in The J.M. Smucker Company Stock
• Negative Sentiment: The company’s fiscal 2027 outlook calls for net sales to decline 3% to 4%, which tempers enthusiasm despite the earnings beat. SJM Q4 Earnings Call Flags Coffee Relief, Sales Pressure

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.