B. Metzler seel. Sohn & Co. AG Has $2.61 Million Stake in The J. M. Smucker Company $SJM

Key Points

• B. Metzler seel. Sohn & Co. AG reduced its stake in The J. M. Smucker Company by 23.0%, ending the first quarter with $2.61 million in holdings.
• The J. M. Smucker Company announced a quarterly dividend increase to $1.10, representing an annualized yield of 4.1%.
• Despite a slight year-over-year revenue decline, analysts predict J. M. Smucker will report $9.88 earnings per share for the current year, with a consensus rating of "Moderate Buy."

B. Metzler seel. Sohn & Co. AG trimmed its holdings in shares of The J. M. Smucker Company (NYSE:SJM - Free Report) by 23.0% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 22,056 shares of the company's stock after selling 6,600 shares during the quarter. B. Metzler seel. Sohn & Co. AG's holdings in J. M. Smucker were worth $2,612,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the company. Invesco Ltd. boosted its holdings in J. M. Smucker by 8.6% in the first quarter. Invesco Ltd. now owns 2,623,254 shares of the company's stock valued at $310,620,000 after purchasing an additional 208,231 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in shares of J. M. Smucker by 12.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,257,127 shares of the company's stock worth $267,252,000 after purchasing an additional 248,110 shares during the last quarter. Ariel Investments LLC raised its stake in J. M. Smucker by 12.4% during the 4th quarter. Ariel Investments LLC now owns 1,832,861 shares of the company's stock valued at $201,835,000 after purchasing an additional 201,576 shares during the period. ProShare Advisors LLC raised its holdings in shares of J. M. Smucker by 5.8% during the fourth quarter. ProShare Advisors LLC now owns 1,627,187 shares of the company's stock worth $179,186,000 after acquiring an additional 89,448 shares in the last quarter. Finally, LSV Asset Management grew its holdings in J. M. Smucker by 48.4% during the first quarter. LSV Asset Management now owns 1,379,320 shares of the company's stock valued at $163,325,000 after purchasing an additional 449,920 shares during the last quarter. 81.66% of the stock is currently owned by institutional investors and hedge funds.

J. M. Smucker Stock Performance

Shares of J. M. Smucker stock traded down $1.35 on Tuesday, hitting $109.16. 1,036,221 shares of the company's stock were exchanged, compared to its average volume of 1,648,982. The company has a 50-day simple moving average of $107.26 and a 200-day simple moving average of $109.71. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.34 and a current ratio of 0.81. The J. M. Smucker Company has a 1 year low of $93.30 and a 1 year high of $125.42. The stock has a market capitalization of $11.65 billion, a PE ratio of -7.96, a PEG ratio of 7.65 and a beta of 0.27.

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

J. M. Smucker Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 2nd. Shareholders of record on Friday, August 15th will be issued a dividend of $1.10 per share. The ex-dividend date of this dividend is Friday, August 15th. This is a positive change from J. M. Smucker's previous quarterly dividend of $1.08. This represents a $4.40 annualized dividend and a yield of 4.0%. J. M. Smucker's payout ratio is -32.09%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the company. BNP Paribas raised J. M. Smucker from a "strong sell" rating to a "strong-buy" rating in a research report on Wednesday, July 9th. Morgan Stanley lifted their price objective on shares of J. M. Smucker from $115.00 to $118.00 and gave the company an "overweight" rating in a report on Monday, August 18th. Wells Fargo & Company raised their target price on shares of J. M. Smucker from $115.00 to $120.00 and gave the company an "overweight" rating in a research report on Monday, August 18th. Bank of America cut their price target on shares of J. M. Smucker from $120.00 to $118.00 and set a "neutral" rating on the stock in a research report on Thursday, August 28th. Finally, Citigroup decreased their price objective on J. M. Smucker from $128.00 to $118.00 and set a "buy" rating for the company in a report on Wednesday, June 11th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and six have issued a Hold 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.

Insider Activity at J. M. Smucker

In other news, Director Tarang Amin bought 1,050 shares of the business's stock in a transaction on Thursday, June 12th. The shares were bought at an average price of $96.09 per share, with a total value of $100,894.50. Following the completion of the transaction, the director directly owned 3,825 shares in the company, valued at $367,544.25. This trade represents a 37.84% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 2.24% of the stock is owned by company insiders.

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.