J.M. Smucker (SJM)

• Market cap: $11.7B
• 1 day: -1.49%
• 5 days: -3.16%
• 1 month: 1.09%
• 3 months: -3.55%
• 6 months: 0.67%
• Year to date: -1.33%
• 1 year: -9.45%
• 5 years: -9.73%
• 10 years: 0.68%
• Sector: Consumer Staples
• Industry: Packaged Foods

About: J.M. Smucker is a packaged food company that primarily sells through the US retail channel (73% of fiscal 2025 revenue came through its retail pet foods, coffee, and frozen handheld/spreads segments), with the remaining share consisting of sweet baked snacks (through the Hostess acquisition) and international (primarily Canada). Retail coffee is its largest category (32% of sales) with brands Folgers and Dunkin'. Pet foods (19% of sales) holds leading brands like Milk-Bone and Meow Mix. Of its remaining, approximately 22% comes from frozen handhelds and spreads, through brands Jif, Smucker's, and Uncrustables. The company acquired Hostess Brands in fiscal 2024 to boost its snack and convenience store presence.

Employees: 8,000

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

89% more call options, than puts

Call options by funds: $154M | Put options by funds: $81.9M

12% more repeat investments, than reductions

Existing positions increased: 284 | Existing positions reduced: 254

1.45% more ownership

Funds ownership: 85.49% [Q1] → 86.93% (+1.45%) [Q2]

6% less funds holding

Funds holding: 819 [Q1] → 773 (-46) [Q2]

16% less capital invested

Capital invested by funds: $10.8B [Q1] → $9.1B (-$1.68B) [Q2]

17% less funds holding in top 10

Funds holding in top 10: 6 [Q1] → 5 (-1) [Q2]

21% less first-time investments, than exits

New positions opened: 93 | Existing positions closed: 117

Research analyst outlook

10 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $105 4% downside
• Avg. target: $120 9% upside
• High target: $130 18% upside

10 analyst ratings

• positive: 7 70%
• neutral: 3 30%
• negative: 0 0%

UBS Peter Grom	18% upside $130	Buy Maintained	20 Aug 2025
JP Morgan Thomas Palmer	17% upside $129	Overweight Upgraded	20 Aug 2025
B of A Securities Peter Galbo	9% upside $120	Neutral Maintained	19 Aug 2025
Wells Fargo Chris Carey	9% upside $120	Overweight Maintained	18 Aug 2025
Morgan Stanley Megan Alexander	7% upside $118	Overweight Maintained	18 Aug 2025