The J. M. Smucker Company $SJM Stock Holdings Increased by Integrated Wealth Concepts LLC

Integrated Wealth Concepts LLC boosted its position in The J. M. Smucker Company (NYSE:SJM) by 283.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,481 shares of the company’s stock after buying an additional 5,529 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in J. M. Smucker were worth $886,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Tortoise Investment Management LLC grew its holdings in shares of J. M. Smucker by 87.0% during the first quarter. Tortoise Investment Management LLC now owns 215 shares of the company’s stock valued at $25,000 after purchasing an additional 100 shares during the last quarter. N.E.W. Advisory Services LLC acquired a new stake in shares of J. M. Smucker in the 1st quarter worth about $30,000. Cooksen Wealth LLC acquired a new stake in shares of J. M. Smucker in the 1st quarter worth about $33,000. National Pension Service increased 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 period. Finally, Menard Financial Group LLC acquired a new stake in shares of J. M. Smucker in the 4th quarter worth about $46,000. 81.66% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research firms recently weighed in on SJM. Cfra Research raised shares of J. M. Smucker from a “hold” rating to a “moderate buy” rating in a report on Wednesday, August 27th. Zacks Research raised J. M. Smucker to a “hold” rating in a report on Monday, August 11th. Bank of America decreased their price objective on J. M. Smucker from $120.00 to $118.00 and set a “neutral” rating for the company in a report on Thursday, August 28th. Jefferies Financial Group raised J. M. Smucker from a “hold” rating to a “buy” rating and decreased their price objective for the stock from $118.00 to $115.00 in a report on Wednesday, June 11th. Finally, Wells Fargo & Company increased their price objective on J. M. Smucker from $115.00 to $120.00 and gave the stock an “overweight” rating in a report on Monday, August 18th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $118.00.

J. M. Smucker Stock Performance

NYSE:SJM opened at $110.87 on Friday. The J. M. Smucker Company has a twelve month low of $93.30 and a twelve month high of $125.42. The company has a current ratio of 0.81, a quick ratio of 0.34 and a debt-to-equity ratio of 1.19. The company has a 50-day moving average of $109.16 and a 200-day moving average of $109.96. The firm has a market cap of $11.83 billion, a price-to-earnings ratio of -8.09, a price-to-earnings-growth ratio of 7.59 and a beta of 0.27.

J. M. Smucker (NYSE:SJM) last posted its quarterly earnings data on Wednesday, August 27th. The company reported $1.90 earnings per share for the quarter, missing the consensus estimate 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 business had revenue of $2.11 billion for the quarter, compared to the consensus estimate of $2.09 billion. During the same quarter last year, the business posted $2.44 EPS. The business’s revenue for the quarter was down .6% on a year-over-year basis. J. M. Smucker has set its FY 2026 guidance at 8.500-9.500 EPS. Analysts forecast that The J. M. Smucker Company will post 9.88 earnings per share for the current fiscal year.

J. M. Smucker Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Friday, August 15th were given a dividend of $1.10 per share. This is a boost from J. M. Smucker’s previous quarterly dividend of $1.08. The ex-dividend date was Friday, August 15th. This represents a $4.40 dividend on an annualized basis and a dividend yield of 4.0%. J. M. Smucker’s payout ratio is currently -32.09%.

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.