The J. M. Smucker Company $SJM Shares Acquired by DNB Asset Management AS

DNB Asset Management AS lifted its stake in shares of The J. M. Smucker Company (NYSE:SJM) by 101.4% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 54,661 shares of the company’s stock after buying an additional 27,522 shares during the quarter. DNB Asset Management AS owned 0.05% of J. M. Smucker worth $5,936,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SJM. AlphaQuest LLC purchased a new stake in shares of J. M. Smucker during the second quarter valued at approximately $26,000. CYBER HORNET ETFs LLC acquired a new stake in J. M. Smucker during the 2nd quarter valued at $27,000. Elevation Point Wealth Partners LLC purchased a new stake in J. M. Smucker during the 2nd quarter worth $28,000. Root Financial Partners LLC acquired a new position in J. M. Smucker in the 3rd quarter worth $29,000. Finally, MUFG Securities EMEA plc purchased a new position in J. M. Smucker in the 2nd quarter valued at about $31,000. Hedge funds and other institutional investors own 81.66% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on SJM shares. TD Cowen lifted their target price on J. M. Smucker from $105.00 to $112.00 and gave the stock a “hold” rating in a research report on Friday, February 20th. Canaccord Genuity Group upgraded J. M. Smucker to a “buy” rating in a report on Friday, January 16th. Bank of America upgraded J. M. Smucker from a “neutral” rating to a “buy” rating and set a $130.00 target price for the company in a research note on Monday, February 23rd. Sanford C. Bernstein lifted their price target on shares of J. M. Smucker from $113.00 to $121.00 and gave the stock a “market perform” rating in a research note on Friday. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of J. M. Smucker in a report on Wednesday, January 21st. Eight equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $118.00.

J. M. Smucker Price Performance

Shares of NYSE SJM opened at $116.06 on Monday. The company has a current ratio of 0.84, a quick ratio of 0.35 and a debt-to-equity ratio of 1.31. The company has a market capitalization of $12.38 billion, a price-to-earnings ratio of -9.84, a price-to-earnings-growth ratio of 7.06 and a beta of 0.22. The J. M. Smucker Company has a twelve month low of $93.30 and a twelve month high of $121.48. The business has a 50 day simple moving average of $104.10 and a 200-day simple moving average of $105.33.

J. M. Smucker (NYSE:SJM) last released its quarterly earnings data on Thursday, February 26th. The company reported $2.38 EPS for the quarter, topping analysts’ consensus estimates of $2.27 by $0.11. 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 15.94%. The firm’s revenue was up 7.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.61 earnings per share. As a group, equities research analysts expect that The J. M. Smucker Company will post 9.88 earnings per share for the current year.

J. M. Smucker Dividend Announcement

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

Key J. M. Smucker News

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

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.