Aberdeen Group plc Grows Holdings in The J. M. Smucker Company $SJM

Key Points

• Aberdeen Group plc increased its stake in The J. M. Smucker Company by 4.5%, owning approximately 0.07% of the company, valued at about $7.3 million after acquiring an additional 3,246 shares.
• Several other institutional investors have also made significant investments, with Tortoise Investment Management LLC increasing its stake by 87% in the first quarter.
• J. M. Smucker reported quarterly earnings of $1.90 EPS, missing estimates by $0.05, and set its fiscal year 2026 guidance at 8.500-9.500 EPS.

Aberdeen Group plc grew its stake in The J. M. Smucker Company (NYSE:SJM - Free Report) by 4.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 75,463 shares of the company's stock after buying an additional 3,246 shares during the period. Aberdeen Group plc owned approximately 0.07% of J. M. Smucker worth $7,345,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Tortoise Investment Management LLC grew its stake in J. M. Smucker by 87.0% in the 1st quarter. Tortoise Investment Management LLC now owns 215 shares of the company's stock worth $25,000 after buying an additional 100 shares in the last quarter. N.E.W. Advisory Services LLC bought a new stake in shares of J. M. Smucker in the 1st quarter worth approximately $30,000. Nova Wealth Management Inc. bought a new stake in shares of J. M. Smucker in the 2nd quarter worth approximately $25,000. Cooksen Wealth LLC bought a new stake in shares of J. M. Smucker in the 1st quarter worth approximately $33,000. Finally, National Pension Service lifted its holdings in shares of J. M. Smucker by 74.9% in the 1st quarter. National Pension Service now owns 383 shares of the company's stock worth $45,000 after acquiring an additional 164 shares during the last quarter. Hedge funds and other institutional investors own 81.66% of the company's stock.

J. M. Smucker Trading Up 0.4%

NYSE:SJM opened at $103.90 on Friday. The company has a fifty day moving average of $108.76 and a 200 day moving average of $108.96. The J. M. Smucker Company has a 52 week low of $93.30 and a 52 week high of $125.42. The company has a quick ratio of 0.34, a current ratio of 0.81 and a debt-to-equity ratio of 1.19. The firm has a market capitalization of $11.08 billion, a P/E ratio of -7.58, a P/E/G ratio of 7.14 and a beta of 0.25.

J. M. Smucker (NYSE:SJM - Get Free Report) last posted its quarterly earnings results on Wednesday, August 27th. The company reported $1.90 EPS for the quarter, missing analysts' consensus estimates of $1.95 by ($0.05). J. M. Smucker had a negative net margin of 16.75% and a positive return on equity of 15.41%. The firm had revenue of $2.11 billion for the quarter, compared to the consensus estimate of $2.09 billion. During the same quarter in the prior year, the company earned $2.44 earnings per share. The company's quarterly revenue was down .6% compared to the same quarter last year. J. M. Smucker has set its FY 2026 guidance at 8.500-9.500 EPS. On average, research analysts predict that The J. M. Smucker Company will post 9.88 earnings per share for the current year.

Insider Buying and Selling

In other J. M. Smucker news, CFO Tucker H. Marshall sold 11,139 shares of the company's stock in a transaction on Tuesday, September 30th. The shares were sold at an average price of $108.11, for a total value of $1,204,237.29. Following the completion of the transaction, the chief financial officer directly owned 33,864 shares in the company, valued at approximately $3,661,037.04. This represents a 24.75% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 2.24% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on SJM. Bank of America lowered their price objective on shares of J. M. Smucker from $120.00 to $118.00 and set a "neutral" rating for the company in a report on Thursday, August 28th. Morgan Stanley boosted their price objective on shares of J. M. Smucker from $115.00 to $118.00 and gave the stock an "overweight" rating in a report on Monday, August 18th. Cfra Research upgraded shares of J. M. Smucker from a "hold" rating to a "moderate buy" rating in a report on Wednesday, August 27th. BNP Paribas Exane upgraded shares of J. M. Smucker from an "underperform" rating to an "outperform" rating and set a $120.00 price objective for the company in a report on Wednesday, July 9th. Finally, Wells Fargo & Company boosted their price objective on shares of J. M. Smucker from $115.00 to $120.00 and gave the stock an "overweight" rating in a report on Monday, August 18th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $118.00.

J. M. Smucker 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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