B of A Securities Reiterates Buy Rating on J. M. Smucker
B of A Securities maintains its buy rating for J. M. Smucker, setting a price target of $132.
Key Points
- B of A Securities reiterated its buy rating on The J. M. Smucker Company with a price target of $132.
- Shares of NYSE:SJM traded at $116.84, with a market cap of about $12.42 billion and a forward P/E ratio of 10.87.
- Insider buying activity was noted as several executives acquired shares, while analysts set varied targets with a consensus rating of buy.
B of A Securities reiterated its buy rating on The J. M. Smucker Company (NYSE:SJM) on June 10, 2026. The firm set a price target of $132, reflecting its positive outlook on the company's stock. Shares of J. M. Smucker were trading at $116.84 at the time of the report.
The J. M. Smucker Company Stock Snapshot
Shares of J. M. Smucker traded near $116.84. The company boasts a market capitalization of approximately $12.42 billion. It has a forward P/E ratio of 10.87 and a beta of 0.264, indicating lower volatility compared to the broader market. The stock's 52-week range has been between $88.25 and $119.39, with a 50-day moving average of $99.56 and a 200-day moving average of $103.42. The company's current ratio stands at 0.777, and it has a quick ratio of 0.282, with a debt-to-equity ratio of 128.609.
Recent Earnings
In its most recent earnings report, J. M. Smucker recorded revenue of approximately $9.05 billion, showing a revenue growth of 5.8%. However, the company posted a net margin of -1.53% and a return on equity of -2.39%, indicating some financial challenges. The next earnings report is expected on June 9, 2026.
Dividend
J. M. Smucker offers an annual dividend rate of $4.40, with a yield of 3.78%. The dividend payout ratio is 86.06%, which is relatively high, suggesting a significant portion of earnings is returned to shareholders.
Insider Buying and Selling at The J. M. Smucker Company
Recent insider activity at J. M. Smucker saw several executives buying shares. On June 11, 2026, Chief Financial Officer Marshall Tucker acquired 9,207 shares, CEO Mark Smucker bought 34,497 shares, and Chief Legal Officer Jeannette Knudsen purchased 6,797 shares. Additionally, Chief Product Supply Officer Robert Ferguson acquired 8,650 shares, while Knudsen also sold 5,550 shares at an average price of $116.29.
Analysts Set New Price Targets
On June 10, 2026, several analysts maintained their ratings on J. M. Smucker. B of A Securities reiterated its buy rating with a $132 target. UBS maintained a buy rating with a $130 target on June 11. Evercore ISI Group and TD Cowen also maintained their ratings, setting targets at $120 and $115, respectively. The consensus among 17 analysts is a buy, with a mean price target of $121.59.
About The J. M. Smucker Company
The J. M. Smucker Company, based in Orrville, Ohio, is a leading manufacturer and marketer of branded food and beverage products. Operating in the Consumer Defensive sector, the company offers a wide range of products including coffee, pet foods, snacks, and spreads under well-known brands like Folgers, Jif, Smucker's, and Milk-Bone. Founded in 1897, J. M. Smucker serves a global market through various retail and distribution channels.
Bottom Line
The reiteration of a buy rating by B of A Securities highlights confidence in J. M. Smucker's potential. The company's stock performance, analyst ratings, and insider transactions are key factors investors watch closely. Keep in mind, analyst ratings and 13F filings are backward-looking and may not reflect current market conditions.
See Also
This instant news alert was generated by automated narrative technology and financial data from Trueearnings and public regulatory filings. It is for informational purposes only and is not financial advice.