J.M. Smucker
About: J.M. Smucker is a packaged food company that primarily sells through the US retail channel (78% of fiscal 2024 revenue came through its retail pet foods, coffee, and frozen handheld/spreads segments), with the remaining share consisting of Hostess and international (primarily Canada). Retail coffee is its largest category (33% of sales) with brands Folgers and Dunkin'. Pet foods (22% of sales) holds leading brands like Milk-Bone and Meow Mix. Of its remaining, approximately 22% comes from consumer foods, primarily peanut butter and jelly, through brands Jif and Smucker's. The company acquired Hostess Brands in fiscal 2024 to boost its snack and convenience store presence.
Employees: 9,000
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
65% more call options, than puts
Call options by funds: $162M | Put options by funds: $98.4M
2.34% more ownership
Funds ownership: 79.84% [Q3] → 82.18% (+2.34%) [Q4]
7% more first-time investments, than exits
New positions opened: 101 | Existing positions closed: 94
1% less funds holding
Funds holding: 831 [Q3] → 824 (-7) [Q4]
6% less capital invested
Capital invested by funds: $10.3B [Q3] → $9.63B (-$633M) [Q4]
15% less repeat investments, than reductions
Existing positions increased: 267 | Existing positions reduced: 313
33% less funds holding in top 10
Funds holding in top 10: 3 [Q3] → 2 (-1) [Q4]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
UBS Peter Grom 42% 1-year accuracy 13 / 31 met price target | 15%upside $134 | Buy Initiated | 23 Apr 2025 |
Morgan Stanley Megan Alexander 69% 1-year accuracy 11 / 16 met price target | 6%upside $123 | Overweight Initiated | 24 Mar 2025 |
DA Davidson Brian Holland 27% 1-year accuracy 3 / 11 met price target | 3%upside $120 | Neutral Maintained | 11 Mar 2025 |
Barclays Andrew Lazar 37% 1-year accuracy 7 / 19 met price target | 2%upside $119 | Equal-Weight Maintained | 3 Mar 2025 |
Financial journalist opinion
Based on 12 articles about SJM published over the past 30 days
