Signal Advisors Wealth LLC Has $282,000 Stock Position in The J. M. Smucker Company $SJM

Key Points

• Signal Advisors Wealth LLC significantly reduced its stake in The J. M. Smucker Company by 77.7%, selling nearly 10,000 shares and holding just 2,867 shares worth $282,000 as of the latest SEC filing.
• J. M. Smucker's shares have received mixed ratings from analysts, with one "Strong Buy," eight "Buy," and seven "Hold" ratings, suggesting a consensus rating of "Moderate Buy" with an average price target of $118.00.
• The company recently announced an increase in its quarterly dividend to $1.10 per share, reflecting a 4.0% annual yield, showing positive momentum despite a year-over-year revenue decline.

Signal Advisors Wealth LLC decreased its holdings in shares of The J. M. Smucker Company (NYSE:SJM - Free Report) by 77.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,867 shares of the company's stock after selling 9,992 shares during the quarter. Signal Advisors Wealth LLC's holdings in J. M. Smucker were worth $282,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in SJM. Invesco Ltd. increased its position in J. M. Smucker by 8.6% during the 1st quarter. Invesco Ltd. now owns 2,623,254 shares of the company's stock worth $310,620,000 after buying an additional 208,231 shares during the period. Dimensional Fund Advisors LP increased its position in J. M. Smucker by 12.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,257,127 shares of the company's stock worth $267,252,000 after buying an additional 248,110 shares during the period. Ariel Investments LLC increased its position in J. M. Smucker by 2.7% during the 1st quarter. Ariel Investments LLC now owns 1,881,584 shares of the company's stock worth $222,798,000 after buying an additional 48,723 shares during the period. LSV Asset Management increased its position in J. M. Smucker by 48.4% during the 1st quarter. LSV Asset Management now owns 1,379,320 shares of the company's stock worth $163,325,000 after buying an additional 449,920 shares during the period. Finally, Northern Trust Corp increased its position in J. M. Smucker by 7.9% during the 1st quarter. Northern Trust Corp now owns 1,219,932 shares of the company's stock worth $144,452,000 after buying an additional 89,316 shares during the period. Institutional investors and hedge funds own 81.66% of the company's stock.

J. M. Smucker Trading Up 0.3%

Shares of NYSE:SJM traded up $0.38 during midday trading on Tuesday, hitting $108.46. 1,010,462 shares of the stock were exchanged, compared to its average volume of 1,698,515. The stock has a market capitalization of $11.57 billion, a price-to-earnings ratio of -7.91, a P/E/G ratio of 7.51 and a beta of 0.27. 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 business's 50-day moving average price is $109.45 and its 200 day moving average price is $109.69. The J. M. Smucker Company has a 12 month low of $93.30 and a 12 month high of $125.42.

J. M. Smucker (NYSE:SJM - Get Free Report) last posted its quarterly earnings data on Wednesday, August 27th. The company reported $1.90 EPS for the quarter, missing analysts' consensus estimates of $1.95 by ($0.05). The company had revenue of $2.11 billion during the quarter, compared to analyst estimates 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 period in the prior year, the firm earned $2.44 earnings per share. J. M. Smucker has set its FY 2026 guidance at 8.500-9.500 EPS. Analysts predict that The J. M. Smucker Company will post 9.88 earnings per share for the current year.

J. M. Smucker Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Friday, August 15th were paid a $1.10 dividend. This is an increase from J. M. Smucker's previous quarterly dividend of $1.08. This represents a $4.40 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend was Friday, August 15th. J. M. Smucker's payout ratio is presently -32.09%.

Wall Street Analysts Forecast Growth

SJM has been the topic of several recent research reports. BNP Paribas upgraded J. M. Smucker from a "strong sell" rating to a "strong-buy" rating in a research report on Wednesday, July 9th. Citigroup decreased their price target on J. M. Smucker from $128.00 to $118.00 and set a "buy" rating on the stock in a research report on Wednesday, June 11th. Cfra Research upgraded J. M. Smucker from a "hold" rating to a "moderate buy" rating in a research report on Wednesday, August 27th. Argus cut J. M. Smucker from a "buy" rating to a "hold" rating in a research report on Friday, September 12th. Finally, Bank of America decreased their price target on 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. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and seven have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $118.00.

About J. M. Smucker

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.