J. M. Smucker (NYSE:SJM) Updates FY 2027 Earnings Guidance

J. M. Smucker (NYSE:SJM) updated its FY 2027 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 10.500-11.000 for the period, compared to the consensus estimate of 10.030. The company issued revenue guidance of $8.9 billion-$9.0 billion, compared to the consensus revenue estimate of $8.8 billion.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. Jefferies Financial Group lifted their price target on J. M. Smucker from $129.00 to $140.00 and gave the company a “buy” rating in a research report on Wednesday, August 19th. TD Cowen lifted their target price on shares of J. M. Smucker from $120.00 to $123.00 and gave the company a “hold” rating in a research report on Wednesday, August 19th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $107.00 price target on shares of J. M. Smucker in a research note on Friday, August 14th. HC Wainwright set a $123.00 price objective on shares of J. M. Smucker in a research report on Wednesday, August 19th. Finally, Bank of America upped their target price on shares of J. M. Smucker from $130.00 to $132.00 and gave the stock a “buy” rating in a research report on Wednesday, June 10th. Ten analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $125.53.

J. M. Smucker Price Performance

SJM opened at $125.08 on Wednesday. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.78 and a quick ratio of 0.33. J. M. Smucker has a 1 year low of $88.25 and a 1 year high of $127.64. The firm has a market cap of $13.34 billion, a price-to-earnings ratio of -96.22, a PEG ratio of 1.70 and a beta of 0.25. The stock’s 50 day simple moving average is $116.50 and its 200 day simple moving average is $107.66.

J. M. Smucker (NYSE:SJM) last posted its earnings results on Wednesday, August 26th. The company reported $3.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.22 by $1.02. J. M. Smucker had a positive return on equity of 17.18% and a negative net margin of 1.53%.The company had revenue of $2.22 billion for the quarter, compared to analysts’ expectations of $2.13 billion. J. M. Smucker has set its FY 2027 guidance at 10.500-11.000 EPS. As a group, analysts predict that J. M. Smucker will post 9.98 earnings per share for the current year.

J. M. Smucker Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Friday, August 14th will be paid a $1.12 dividend. The ex-dividend date of this dividend is Friday, August 14th. This is a positive change from J. M. Smucker’s previous quarterly dividend of $1.10. This represents a $4.48 annualized dividend and a yield of 3.6%. J. M. Smucker’s payout ratio is currently -344.62%.

Insider Buying and Selling at J. M. Smucker

In related news, CFO Tucker H. Marshall sold 3,630 shares of J. M. Smucker stock in a transaction dated Wednesday, June 24th. The shares were sold at an average price of $111.05, for a total transaction of $403,111.50. Following the completion of the transaction, the chief financial officer directly owned 38,699 shares of the company’s stock, valued at $4,297,523.95. This trade represents a 8.58% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Jill R. Penrose sold 5,000 shares of the business’s stock in a transaction dated Monday, June 29th. The stock was sold at an average price of $116.69, for a total transaction of $583,450.00. Following the sale, the insider directly owned 15,795 shares in the company, valued at $1,843,118.55. The trade was a 24.04% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 18,533 shares of company stock valued at $2,132,914. 2.80% of the stock is currently owned by company insiders.

Key J. M. Smucker News

Here are the key news stories impacting J. M. Smucker this week:

• Positive Sentiment: SJM reported quarterly EPS of $3.24, well above the $2.22 analyst consensus, while revenue reached $2.22 billion versus expectations of $2.13 billion. The earnings beat provides evidence of stronger-than-expected operating performance. Fiscal 2027 First Quarter Results and Outlook
• Positive Sentiment: The company raised or reaffirmed fiscal 2027 guidance at $10.50-$11.00 EPS, above the $10.03 consensus estimate. Revenue guidance of $8.9 billion-$9.0 billion also exceeded the $8.8 billion analyst forecast, supporting the stock’s positive reaction.
• Positive Sentiment: Analysts had maintained generally favorable Buy and Hold ratings, with several price targets increased ahead of the earnings release. SJM also carries a consensus rating of “Moderate Buy,” which may reinforce investor confidence. Wall Street Forecasters Revise Smucker Expectations
• Neutral Sentiment: Unusually high options activity preceded the report, including a 241% increase in purchased put-option volume. This signals elevated hedging or speculation around earnings, but does not by itself establish the direction of the stock.
• Negative Sentiment: Despite the earnings beat, SJM reported a negative net margin of 1.53%, and its current and quick ratios remain relatively low at 0.78 and 0.33, respectively. These figures highlight profitability and liquidity risks that could limit further gains if execution weakens.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Invesco Ltd. increased its holdings in shares of J. M. Smucker by 5.8% during the fourth quarter. Invesco Ltd. now owns 2,783,272 shares of the company’s stock valued at $272,232,000 after acquiring an additional 151,872 shares in the last quarter. Strive Financial Group LLC bought a new stake in J. M. Smucker during the 4th quarter valued at about $109,000. Beacon Pointe Advisors LLC raised its holdings in J. M. Smucker by 17.7% in the fourth quarter. Beacon Pointe Advisors LLC now owns 2,728 shares of the company’s stock worth $267,000 after buying an additional 410 shares during the last quarter. NewEdge Advisors LLC lifted its stake in shares of J. M. Smucker by 10,549.5% in the fourth quarter. NewEdge Advisors LLC now owns 533,434 shares of the company’s stock worth $52,175,000 after buying an additional 528,425 shares in the last quarter. Finally, Empowered Funds LLC grew its holdings in shares of J. M. Smucker by 137.8% during the fourth quarter. Empowered Funds LLC now owns 13,514 shares of the company’s stock valued at $1,322,000 after buying an additional 7,830 shares during the last quarter. Institutional investors own 81.66% of the company’s stock.

J. M. Smucker Company Profile

The J. M. Smucker Company is a diversified food and beverage manufacturer and marketer known for a portfolio of well-established consumer brands. The company’s main business activities include the production and distribution of fruit spreads, peanut butter, coffee and coffee filters, as well as pet food and pet snacks. Smucker’s core product lines serve both retail and foodservice customers through grocery chains, mass merchandisers, club stores, convenience outlets and e-commerce channels.

Among its leading brands are Smucker’s® fruit spreads, Jif® peanut butter, Folgers® and Dunkin’® coffees, and Café Bustelo® coffee.