<div id="readability-page-1"><p>Baird Financial Group Inc. boosted its stake in  The J. M. Smucker Company (NYSE:SJM - Free Report) by 65.3% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 46,349 shares of the company's stock after acquiring an additional 18,310 shares during the period. Baird Financial Group Inc.'s holdings in J. M. Smucker were worth $4,551,000 as of its most recent filing with the SEC.</p><div><p><span></span><span>Get <strong>J. M. Smucker</strong> alerts:</span></p></div><ul><li>The 4 Dividend Stocks Smart Money Is Grabbing Right Now</li></ul><p>A number of other institutional investors and hedge funds have also recently modified their holdings of SJM. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of  J. M. Smucker by 5.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 815,412 shares of the company's stock valued at $96,553,000 after buying an additional 41,249 shares during the last quarter.  Integrated Wealth Concepts LLC increased its holdings in  J. M. Smucker by 283.2% in the 1st quarter. Integrated Wealth Concepts LLC now owns 7,481 shares of the company's stock worth $886,000 after acquiring an additional 5,529 shares during the last quarter.  Swedbank AB raised its stake in  J. M. Smucker by 7.9% in the 2nd quarter. Swedbank AB now owns 147,812 shares of the company's stock valued at $14,515,000 after acquiring an additional 10,813 shares during the period.  Clark &amp; Stuart Inc raised its stake in  J. M. Smucker by 3.6% in the 2nd quarter. Clark &amp; Stuart Inc now owns 75,035 shares of the company's stock valued at $7,368,000 after acquiring an additional 2,601 shares during the period.  Finally, Douglas Lane &amp; Associates LLC lifted its holdings in  J. M. Smucker by 2.0% during the second quarter. Douglas Lane &amp; Associates LLC now owns 308,401 shares of the company's stock valued at $30,285,000 after purchasing an additional 6,051 shares during the last quarter. 81.66% of the stock is owned by institutional investors. </p><h2>Analysts Set New Price Targets</h2><p>SJM has been the topic of several research reports. UBS Group lowered their price target on shares of J. M. Smucker from $120.00 to $117.00 and set a &#34;buy&#34; rating on the stock in a research report on Wednesday, November 26th. Barclays  reissued an &#34;equal weight&#34; rating and set a $105.00 target price on shares of J. M. Smucker in a report on Friday, August 29th. Citigroup  reaffirmed a &#34;hold&#34; rating on shares of J. M. Smucker in a report on Wednesday, November 26th. Argus lowered J. M. Smucker from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a research note on Friday, September 12th. Finally, Wells Fargo &amp; Company increased their price objective on J. M. Smucker from $115.00 to $120.00 and gave the stock an &#34;overweight&#34; rating in a report on Monday, August 18th. One equities research analyst  has rated the stock with a Strong Buy rating, seven have given a Buy rating, nine have assigned  a Hold rating and one  has issued  a Sell rating to the stock. Based on data from MarketBeat.com, J. M. Smucker currently has a consensus rating of &#34;Hold&#34; and a consensus target price of $116.79.</p><ul><li>These 3 Consumer Staple Giants Are Oversold and Set to Skyrocket</li></ul><p><b>Read Our Latest Report on SJM</b></p><h2>J. M. Smucker Stock Performance</h2><p>NYSE:SJM opened at $99.71 on Thursday. The stock has a market cap of $10.64 billion, a P/E ratio of -8.89, a PEG ratio of 6.76 and a beta of 0.22. The company has a quick ratio of 0.37, a current ratio of 0.89 and a debt-to-equity ratio of 1.16. The business's 50-day moving average price is $104.30 and its two-hundred day moving average price is $106.04. The J. M. Smucker Company has a twelve month low of $93.30 and a twelve month high of $121.48. </p><ul><li>4 Dividend Growth Stocks the Trade Tariffs Can’t Touch</li></ul><p>J. M. Smucker (NYSE:SJM - Get Free Report) last posted its quarterly earnings data on Tuesday, November 25th. The company reported $2.10 earnings per share for the quarter, missing the consensus estimate of $2.12 by ($0.02). J. M. Smucker had a positive return on equity of 15.26% and a negative net margin of 13.61%.The company had revenue of $2.33 billion during the quarter, compared to the consensus estimate of $2.32 billion. During the same quarter last year, the company posted $2.76 earnings per share. The firm's revenue for the quarter was up 2.6% on a year-over-year basis. J. M. Smucker has set its FY 2026 guidance at 8.750-9.250 EPS.  As a group, equities analysts predict that  The J. M. Smucker Company will post 9.88 EPS for the current fiscal year. </p><h2>J. M. Smucker Dividend Announcement</h2><p>The business also recently announced a quarterly dividend, which was paid on Monday, December 1st. Investors of record on Friday, November 14th were given a $1.10 dividend. The ex-dividend date was Friday, November 14th. This represents a $4.40 annualized dividend and a yield of 4.4%. J. M. Smucker's payout ratio is -39.22%. </p><h2>Insiders Place Their Bets</h2><p>In other J. M. Smucker news, CFO Tucker H. Marshall sold 11,139 shares of the firm's stock in a transaction dated Tuesday, September 30th. The stock was sold at an average price of $108.11, for a total transaction of $1,204,237.29. Following the sale, the chief financial officer owned 33,864 shares in the company, valued at $3,661,037.04. This trade represents a 24.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 2.24% of the stock is owned by insiders. </p><h2>J. M. Smucker Company Profile</h2> (Free Report)<p>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.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than J. M. Smucker</li><li>3 Stocks to Protect Your Portfolio from the Coronavirus Contagion </li><li>Market Momentum: 3 Stocks Poised for Major Breakouts</li><li>How to trade using analyst ratings</li><li>3 Reasons Casey’s General Stores Will Continue Trending Higher</li><li>Low PE Growth Stocks: Unlocking Investment Opportunities</li><li>Golden Cross Alert: 3 Stocks With Major Upside Potential</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVNKTQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVNKTQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in J. M. Smucker Right Now?</h2><p>Before you consider J. M. Smucker, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and J. M. Smucker wasn't on the list.</p><p>While J. M. Smucker currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Baird Financial Group Inc. increased its stake in The J. M. Smucker Company by 65.3% in the 2nd quarter, owning 46,349 shares valued at $4,551,000. Other institutional investors also adjusted their holdings. Analysts have mixed ratings on J. M. Smucker, with a consensus rating of 'Hold' and a target price of $116.79. The company's recent earnings missed estimates slightly, with revenue up 2.6% year-over-year.</p>

Baird Financial Group Inc. Increases Holdings in The J. M. Smucker Company $SJM