FY2025 EPS Estimates for J. M. Smucker Raised by DA Davidson

The J. M. Smucker Company (NYSE:SJM - Free Report) - Analysts at DA Davidson increased their FY2025 EPS estimates for shares of J. M. Smucker in a report released on Monday, March 10th. DA Davidson analyst B. Holland now expects that the company will post earnings of $10.00 per share for the year, up from their prior estimate of $9.90. The consensus estimate for J. M. Smucker's current full-year earnings is $9.88 per share. DA Davidson also issued estimates for J. M. Smucker's Q4 2025 earnings at $2.20 EPS.

Several other research analysts also recently weighed in on the stock. Wells Fargo & Company lifted their target price on shares of J. M. Smucker from $130.00 to $135.00 and gave the stock an "overweight" rating in a research report on Wednesday, November 27th. Barclays dropped their target price on shares of J. M. Smucker from $123.00 to $119.00 and set an "equal weight" rating on the stock in a research report on Monday, March 3rd. StockNews.com downgraded shares of J. M. Smucker from a "hold" rating to a "sell" rating in a research report on Monday, March 3rd. TD Cowen downgraded shares of J. M. Smucker from a "buy" rating to a "hold" rating and dropped their target price for the stock from $130.00 to $121.00 in a research report on Wednesday, January 8th. Finally, Stifel Nicolaus dropped their target price on shares of J. M. Smucker from $125.00 to $120.00 and set a "hold" rating on the stock in a research report on Friday, January 24th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $126.13.

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J. M. Smucker Stock Down 0.3 %

NYSE SJM opened at $117.07 on Tuesday. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.58 and a quick ratio of 0.27. The company's 50 day simple moving average is $106.42 and its 200 day simple moving average is $112.79. J. M. Smucker has a 12 month low of $98.77 and a 12 month high of $127.59. The company has a market capitalization of $12.46 billion, a P/E ratio of 23.70, a PEG ratio of 3.91 and a beta of 0.28.

J. M. Smucker (NYSE:SJM - Get Free Report) last released its earnings results on Thursday, February 27th. The company reported $2.61 EPS for the quarter, topping analysts' consensus estimates of $2.37 by $0.24. J. M. Smucker had a net margin of 5.96% and a return on equity of 14.35%. The business had revenue of $2.19 billion for the quarter, compared to the consensus estimate of $2.23 billion.

Hedge Funds Weigh In On J. M. Smucker

A number of institutional investors have recently modified their holdings of SJM. Van ECK Associates Corp raised its stake in shares of J. M. Smucker by 5.7% during the third quarter. Van ECK Associates Corp now owns 4,718 shares of the company's stock worth $555,000 after buying an additional 255 shares during the last quarter. Principal Financial Group Inc. grew its holdings in J. M. Smucker by 4.5% during the third quarter. Principal Financial Group Inc. now owns 135,465 shares of the company's stock valued at $16,405,000 after purchasing an additional 5,790 shares during the period. Fiera Capital Corp acquired a new position in J. M. Smucker during the third quarter valued at approximately $473,000. CWA Asset Management Group LLC acquired a new position in J. M. Smucker during the third quarter valued at approximately $269,000. Finally, Sigma Planning Corp grew its holdings in J. M. Smucker by 5.1% during the third quarter. Sigma Planning Corp now owns 4,115 shares of the company's stock valued at $498,000 after purchasing an additional 201 shares during the period. 81.66% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, CFO Tucker H. Marshall sold 994 shares of J. M. Smucker stock in a transaction dated Tuesday, December 17th. The shares were sold at an average price of $113.00, for a total transaction of $112,322.00. Following the sale, the chief financial officer now directly owns 18,734 shares in the company, valued at approximately $2,116,942. The trade was a 5.04 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 3.40% of the company's stock.

J. M. Smucker Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Friday, February 14th were issued a $1.08 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $4.32 annualized dividend and a yield of 3.69%. J. M. Smucker's dividend payout ratio (DPR) is presently -179.25%.

J. M. Smucker Company Profile

The J. M. Smucker Company manufactures and markets branded food and beverage products worldwide. It operates in three segments: U.S. Retail Pet Foods, U.S. Retail Coffee, and U.S. Retail Consumer Foods. The company offers mainstream roast, ground, single serve, and premium coffee; peanut butter and specialty spreads; fruit spreads, toppings, and syrups; jelly products; nut mix products; shortening and oils; frozen sandwiches and snacks; pet food and pet snacks; and foodservice hot beverage, foodservice portion control, and flour products, as well as dog and cat food, frozen handheld products, juices and beverages, and baking mixes and ingredients.

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