J. M. Smucker (NYSE:SJM) Stock Acquired Rep. David Taylor

Representative David Taylor (R-Ohio) recently bought shares of The J. M. Smucker Company (NYSE:SJM). In a filing disclosed on April 03rd, the Representative disclosed that they had bought between $1,001 and $15,000 in J. M. Smucker stock on February 10th. The trade occurred in the Representative's "DAVID TAYLOR TRUST > SCHWAB JOINT BROKERAGE #1 (HOME GROWN)" account.

Representative David Taylor also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 3/27/2025.
• Purchased $1,001 - $15,000 in shares of Parker-Hannifin NYSE: PH on 3/10/2025.
• Purchased $1,001 - $15,000 in shares of JPMorgan Chase & Co. NYSE: JPM on 3/10/2025.
• Purchased $1,001 - $15,000 in shares of Eaton NYSE: ETN on 3/10/2025.
• Sold $1,001 - $15,000 in shares of American Electric Power NASDAQ: AEP on 3/10/2025.
• Sold $1,001 - $15,000 in shares of AT&T NYSE: T on 3/10/2025.
• Sold $1,001 - $15,000 in shares of J. M. Smucker NYSE: SJM on 2/20/2025.
• Purchased $1,001 - $15,000 in shares of Kroger NYSE: KR on 2/20/2025.
• Purchased $1,001 - $15,000 in shares of Procter & Gamble NYSE: PG on 2/10/2025.
• Purchased $1,001 - $15,000 in shares of Installed Building Products NYSE: IBP on 2/5/2025.

J. M. Smucker Stock Performance

SJM traded up $5.00 during trading hours on Wednesday, hitting $115.18. The stock had a trading volume of 1,555,086 shares, compared to its average volume of 1,185,667. The J. M. Smucker Company has a 1 year low of $98.77 and a 1 year high of $125.42. The company's fifty day simple moving average is $110.30 and its 200 day simple moving average is $111.96. The stock has a market cap of $12.26 billion, a PE ratio of 23.32, a price-to-earnings-growth ratio of 3.91 and a beta of 0.35. The company has a quick ratio of 0.27, a current ratio of 0.58 and a debt-to-equity ratio of 0.89.

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J. M. Smucker (NYSE:SJM - Get Free Report) last posted its earnings results on Thursday, February 27th. The company reported $2.61 earnings per share for the quarter, topping the consensus estimate of $2.37 by $0.24. The firm had revenue of $2.19 billion during the quarter, compared to the consensus estimate of $2.23 billion. J. M. Smucker had a net margin of 5.96% and a return on equity of 14.35%. Equities analysts anticipate that The J. M. Smucker Company will post 9.88 earnings per share for the current year.

J. M. Smucker Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Friday, February 14th were given a dividend of $1.08 per share. The ex-dividend date was Friday, February 14th. This represents a $4.32 dividend on an annualized basis and a dividend yield of 3.75%. J. M. Smucker's dividend payout ratio is presently -179.25%.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on SJM shares. StockNews.com upgraded J. M. Smucker from a "sell" rating to a "hold" rating in a research report on Friday, March 28th. TD Cowen cut J. M. Smucker from a "buy" rating to a "hold" rating and dropped their price objective for the stock from $130.00 to $121.00 in a report on Wednesday, January 8th. Stifel Nicolaus cut their target price on J. M. Smucker from $125.00 to $120.00 and set a "hold" rating for the company in a research note on Friday, January 24th. Barclays decreased their price target on 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. Finally, DA Davidson cut their price objective on shares of J. M. Smucker from $122.00 to $120.00 and set a "neutral" rating for the company in a research report on Tuesday, March 11th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $125.67.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. HBW Advisory Services LLC bought a new stake in J. M. Smucker during the first quarter valued at approximately $2,198,000. Merit Financial Group LLC bought a new stake in shares of J. M. Smucker during the 1st quarter worth $203,000. Moller Wealth Partners purchased a new position in J. M. Smucker in the first quarter worth $211,000. Douglas Lane & Associates LLC increased its stake in J. M. Smucker by 11.4% in the first quarter. Douglas Lane & Associates LLC now owns 302,350 shares of the company's stock valued at $35,801,000 after acquiring an additional 31,051 shares during the last quarter. Finally, Czech National Bank increased its stake in J. M. Smucker by 5.9% in the first quarter. Czech National Bank now owns 24,442 shares of the company's stock valued at $2,894,000 after acquiring an additional 1,371 shares during the last quarter. 81.66% of the stock is currently owned by institutional investors.

Insider Buying and Selling at J. M. Smucker

In related news, CFO Tucker H. Marshall sold 5,028 shares of the firm's stock in a transaction dated Thursday, March 13th. The stock was sold at an average price of $113.36, for a total transaction of $569,974.08. Following the transaction, the chief financial officer now directly owns 13,263 shares of the company's stock, valued at approximately $1,503,493.68. This trade represents a 27.49 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Jill R. Penrose sold 5,117 shares of the company's stock in a transaction that occurred on Friday, March 28th. The stock was sold at an average price of $116.26, for a total value of $594,902.42. Following the completion of the sale, the insider now directly owns 8,794 shares of the company's stock, valued at approximately $1,022,390.44. This represents a 36.78 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 3.40% of the company's stock.

About Representative Taylor

David Taylor (Republican Party) is a member of the U.S. House, representing Ohio's 2nd Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Taylor (Republican Party) ran for election to the U.S. House to represent Ohio's 2nd Congressional District. He won in the general election on November 5, 2024. David Taylor graduated from Amelia High School. Taylor earned degrees from Miami University (Ohio) and the University of Dayton School of Law. Taylor's career experience includes working as an attorney and as a businessman at Sardinia Ready Mix, Inc.

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.