RBC Capital Reiterates Buy Rating on The J. M. Smucker Company
RBC Capital maintains a buy rating on Smucker with a $135 price target.
Key Points
- RBC Capital reiterated its buy rating for The J. M. Smucker Company with a price target of $135 on June 10, 2026.
- Shares of NYSE:SJM traded around $116.84, with a market cap of $12.42 billion and a forward P/E of 10.87.
- Insiders including the CEO and CFO recently purchased shares, while analysts from several firms maintained buy ratings.
RBC Capital reiterated its buy rating on The J. M. Smucker Company (NYSE:SJM) on June 10, 2026. The firm set a price target of $135 for the packaged foods giant, indicating confidence in its future performance.
The J. M. Smucker Company Stock Snapshot
Shares of The J. M. Smucker Company traded at approximately $116.84. The company has a market capitalization of about $12.42 billion and a forward P/E ratio of 10.87. Its beta is a low 0.264, suggesting less volatility compared to the market. Over the past year, the stock has ranged from a low of $88.25 to a high of $119.39, with a 50-day moving average of $99.56 and a 200-day moving average of $103.42.
Recent Earnings
The J. M. Smucker Company reported revenue of approximately $9.05 billion, with a modest growth rate of 5.8%. However, the company is currently unprofitable, with a net margin of -1.53% and a return on equity of -2.39%. The next earnings report is expected on June 9, 2026.
Dividend
The company offers an annual dividend rate of $4.40, yielding 3.78% based on the current stock price. The dividend payout ratio stands at 86.06%, reflecting the company's commitment to returning capital to shareholders.
Insider Buying and Selling at The J. M. Smucker Company
Several insiders, including CEO Mark Smucker and CFO Marshall Tucker, purchased shares on June 11, 2026. These transactions were not part of a pre-arranged trading plan. Additionally, Chief Legal Officer Jeannette Knudsen sold 5,550 shares at an average price of $116.29 on the same day.
Analysts Set New Price Targets
On June 10, 2026, RBC Capital maintained its buy rating with a $135 target. Other firms also showed optimism: UBS maintained a buy rating with a $130 target, and Evercore ISI Group kept a buy rating with a $120 target. The overall analyst consensus remains a buy, with a mean price target of $121.59 from 17 analysts.
About The J. M. Smucker Company
The J. M. Smucker Company, headquartered in Orrville, Ohio, produces and sells branded food and beverage products. Its offerings include coffee, pet foods, and snacks under brands like Folgers, Jif, and Meow Mix. Led by CEO Mark T. Smucker, the company operates in the consumer defensive sector, focusing on packaged foods.
Bottom Line
RBC Capital's reiterated buy rating and $135 price target suggest confidence in The J. M. Smucker Company's potential. While the company faces profitability challenges, analysts remain largely positive. Investors often track these ratings for insights, though it's important to remember that analyst opinions are one of many factors to consider.
See Also
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