J. M. Smucker (NYSE:SJM) Updates FY 2026 Earnings Guidance

J. M. Smucker (NYSE:SJM - Get Free Report) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 8.500-9.500 for the period, compared to the consensus earnings per share estimate of 10.270. The company issued revenue guidance of $8.9 billion-$9.1 billion, compared to the consensus revenue estimate of $8.9 billion.

J. M. Smucker Price Performance

Shares of SJM stock traded down $1.64 during trading hours on Friday, hitting $95.73. The company had a trading volume of 2,925,751 shares, compared to its average volume of 1,233,266. J. M. Smucker has a 12 month low of $93.93 and a 12 month high of $125.42. The firm has a market capitalization of $10.19 billion, a price-to-earnings ratio of 19.38, a PEG ratio of 3.91 and a beta of 0.35. The firm's fifty day moving average is $112.29 and its 200 day moving average is $110.71. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.27 and a current ratio of 0.58.

J. M. Smucker (NYSE:SJM - Get Free Report) last released its quarterly earnings data on Tuesday, June 10th. The company reported $2.31 earnings per share for the quarter, beating the consensus estimate of $2.25 by $0.06. J. M. Smucker had a return on equity of 14.35% and a net margin of 5.96%. The company had revenue of $2.14 billion for the quarter, compared to analyst estimates of $2.18 billion. During the same period in the prior year, the company posted $2.66 EPS. The company's revenue was down 2.8% compared to the same quarter last year. On average, sell-side analysts predict that J. M. Smucker will post 9.88 EPS for the current fiscal year.

J. M. Smucker Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 2nd. Stockholders of record on Friday, May 16th were paid a $1.08 dividend. The ex-dividend date was Friday, May 16th. This represents a $4.32 annualized dividend and a dividend yield of 4.51%. J. M. Smucker's dividend payout ratio is currently -37.37%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on SJM shares. Wells Fargo & Company lowered their price objective on J. M. Smucker from $135.00 to $115.00 and set an "overweight" rating on the stock in a research note on Wednesday. DA Davidson decreased their price target on J. M. Smucker from $122.00 to $120.00 and set a "neutral" rating on the stock in a research report on Tuesday, March 11th. 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. Jefferies Financial Group upgraded J. M. Smucker from a "hold" rating to a "buy" rating and decreased their price target for the stock from $118.00 to $115.00 in a research report on Wednesday. Finally, Barclays decreased their price target on J. M. Smucker from $119.00 to $105.00 and set an "equal weight" rating on the stock in a research report on Wednesday. One research analyst has rated the stock with a sell rating, six have issued a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, J. M. Smucker has a consensus rating of "Hold" and an average price target of $117.55.

Insiders Place Their Bets

In related news, Director Tarang Amin purchased 1,050 shares of the business's stock in a transaction dated 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 purchase, the director now directly owns 3,825 shares in the company, valued at $367,544.25. This trade represents a 37.84% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. Also, insider Jill R. Penrose sold 5,117 shares of the stock in a transaction on Friday, March 28th. The shares were sold at an average price of $116.26, for a total value of $594,902.42. Following the completion of the transaction, the insider now directly owns 8,794 shares in the company, valued at approximately $1,022,390.44. This trade 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.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in SJM. United Services Automobile Association acquired a new position in shares of J. M. Smucker in the 1st quarter valued at $253,000. Woodline Partners LP lifted its stake in shares of J. M. Smucker by 40.7% in the 1st quarter. Woodline Partners LP now owns 8,990 shares of the company's stock valued at $1,065,000 after purchasing an additional 2,600 shares during the period. Empowered Funds LLC lifted its stake in shares of J. M. Smucker by 28.6% in the 1st quarter. Empowered Funds LLC now owns 12,992 shares of the company's stock valued at $1,538,000 after purchasing an additional 2,889 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of J. M. Smucker by 10.0% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,440 shares of the company's stock valued at $2,286,000 after purchasing an additional 1,763 shares during the period. Institutional investors and hedge funds own 81.66% of the company's stock.

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.