J. M. Smucker (NYSE:SJM) Receives "Sell (D)" Rating from Weiss Ratings

Key Points

• J. M. Smucker has received a "Sell (D)" rating from Weiss Ratings, while one analyst has rated the stock as Strong Buy and others have given Buy and Hold ratings.
• The company's recent quarterly earnings revealed an EPS of $1.90, missing expectations of $1.95, alongside a 0.6% decrease in year-over-year revenue.
• Shares of J. M. Smucker traded down to $105.99, with a market capitalization of $11.31 billion and significant participation by institutional investors owning 81.66% of the stock.

J. M. Smucker (NYSE:SJM - Get Free Report)'s stock had its "sell (d)" rating reaffirmed by investment analysts at Weiss Ratings in a research note issued to investors on Wednesday,Weiss Ratings reports.

Other analysts also recently issued reports about the company. Stifel Nicolaus increased their price objective on J. M. Smucker from $106.00 to $110.00 and gave the company a "hold" rating in a report on Tuesday, July 29th. Jefferies Financial Group upgraded J. M. Smucker from a "hold" rating to a "buy" rating and decreased their price objective for the company from $118.00 to $115.00 in a report on Wednesday, June 11th. Morgan Stanley increased their price objective on J. M. Smucker from $115.00 to $118.00 and gave the company an "overweight" rating in a report on Monday, August 18th. UBS Group decreased their price objective on J. M. Smucker from $130.00 to $121.00 and set a "buy" rating for the company in a 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 investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $118.00.

J. M. Smucker Price Performance

Shares of NYSE:SJM traded down $2.15 during trading on Wednesday, hitting $105.99. 849,327 shares of the company were exchanged, compared to its average volume of 2,213,261. The business's 50 day moving average is $109.44 and its 200-day moving average is $109.42. The company has a market capitalization of $11.31 billion, a P/E ratio of -7.73, a price-to-earnings-growth ratio of 7.46 and a beta of 0.25. The company has a quick ratio of 0.34, a current ratio of 0.81 and a debt-to-equity ratio of 1.19. J. M. Smucker has a 1-year low of $93.30 and a 1-year high of $125.42.

J. M. Smucker (NYSE:SJM - Get Free Report) last announced its quarterly earnings results on Wednesday, August 27th. The company reported $1.90 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.95 by ($0.05). The company had revenue of $2.11 billion for 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%.The firm's quarterly revenue was down .6% on a year-over-year basis. During the same quarter last year, the company posted $2.44 earnings per share. J. M. Smucker has set its FY 2026 guidance at 8.500-9.500 EPS. Equities analysts forecast that J. M. Smucker will post 9.88 earnings per share for the current year.

Insider Activity

In other news, CFO Tucker H. Marshall sold 11,139 shares of the stock in a transaction dated Tuesday, September 30th. The shares were sold at an average price of $108.11, for a total transaction of $1,204,237.29. Following the transaction, the chief financial officer owned 33,864 shares of the company's stock, valued at $3,661,037.04. This represents a 24.75% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 2.24% of the stock is owned by company insiders.

Hedge Funds Weigh In On J. M. Smucker

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Cullen Frost Bankers Inc. boosted its position in shares of J. M. Smucker by 2.6% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 3,872 shares of the company's stock worth $380,000 after purchasing an additional 97 shares in the last quarter. Tortoise Investment Management LLC lifted its position in J. M. Smucker by 87.0% in the 1st quarter. Tortoise Investment Management LLC now owns 215 shares of the company's stock valued at $25,000 after acquiring an additional 100 shares in the last quarter. Forum Financial Management LP lifted its position in J. M. Smucker by 3.9% in the 1st quarter. Forum Financial Management LP now owns 3,113 shares of the company's stock valued at $369,000 after acquiring an additional 116 shares in the last quarter. Twin Capital Management Inc. lifted its position in J. M. Smucker by 1.6% in the 2nd quarter. Twin Capital Management Inc. now owns 7,317 shares of the company's stock valued at $719,000 after acquiring an additional 117 shares in the last quarter. Finally, SouthState Corp lifted its position in J. M. Smucker by 6.4% in the 1st quarter. SouthState Corp now owns 1,976 shares of the company's stock valued at $234,000 after acquiring an additional 118 shares in the last quarter. Institutional investors own 81.66% of the company's stock.

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.

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