Rep. Gilbert Ray Cisneros, Jr. Sells Off Shares of The J. M. Smucker Company (NYSE:SJM)

Representative Gilbert Ray Cisneros, Jr. (D-California) recently sold shares of The J. M. Smucker Company (NYSE:SJM). In a filing disclosed on February 11th, the Representative disclosed that they had sold between $1,001 and $15,000 in J. M. Smucker stock on January 24th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of ICF International (NASDAQ:ICFI) on 2/3/2025.
• Purchased $15,001 – $50,000 in shares of CACI International (NYSE:CACI) on 1/31/2025.
• Purchased $50,001 – $100,000 in shares of Hawaiian Electric Industries (NYSE:HE) on 1/31/2025.
• Sold $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 1/30/2025.
• Purchased $1,001 – $15,000 in shares of Intuitive Surgical (NASDAQ:ISRG) on 1/30/2025.
• Purchased $1,001 – $15,000 in shares of Agios Pharmaceuticals (NASDAQ:AGIO) on 1/29/2025.
• Purchased $1,001 – $15,000 in shares of SpringWorks Therapeutics (NASDAQ:SWTX) on 1/29/2025.
• Purchased $1,001 – $15,000 in shares of Paragon 28 (NYSE:FNA) on 1/29/2025.
• Purchased $1,001 – $15,000 in shares of U.S. Physical Therapy (NYSE:USPH) on 1/29/2025.
• Purchased $1,001 – $15,000 in shares of Crinetics Pharmaceuticals (NASDAQ:CRNX) on 1/29/2025.

J. M. Smucker Trading Up 1.3 %

Shares of SJM stock traded up $1.32 on Thursday, hitting $105.20. The company had a trading volume of 474,579 shares, compared to its average volume of 987,572. The firm has a market cap of $11.20 billion, a P/E ratio of 21.29, a P/E/G ratio of 3.15 and a beta of 0.27. The stock’s 50-day moving average is $107.78 and its two-hundred day moving average is $114.18. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.27 and a current ratio of 0.58. The J. M. Smucker Company has a twelve month low of $99.81 and a twelve month high of $127.95.

J. M. Smucker (NYSE:SJM) last issued its quarterly earnings results on Tuesday, November 26th. The company reported $2.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.51 by $0.25. The firm had revenue of $2.27 billion for the quarter, compared to analyst estimates of $2.27 billion. J. M. Smucker had a return on equity of 14.35% and a net margin of 5.96%. The company’s revenue was up 17.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.59 earnings per share. On average, equities research analysts anticipate that The J. M. Smucker Company will post 9.88 earnings per share for the current fiscal year.

J. M. Smucker Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be paid a $1.08 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $4.32 annualized dividend and a dividend yield of 4.11%. J. M. Smucker’s dividend payout ratio is 87.45%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. Wells Fargo & Company increased their target price on J. M. Smucker from $130.00 to $135.00 and gave the stock an “overweight” rating in a report on Wednesday, November 27th. Barclays reduced their price objective on shares of J. M. Smucker from $126.00 to $123.00 and set an “equal weight” rating for the company in a report on Wednesday, December 4th. TD Cowen cut shares of J. M. Smucker from a “buy” rating to a “hold” rating and dropped their price target for the company from $130.00 to $121.00 in a research report on Wednesday, January 8th. Finally, Stifel Nicolaus dropped their target price on J. M. Smucker from $125.00 to $120.00 and set a “hold” rating on the stock in a report on Friday, January 24th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $126.78.

Insider Transactions at J. M. Smucker

In related news, CFO Tucker H. Marshall sold 994 shares of the company’s stock in a transaction on Tuesday, December 17th. The stock was sold at an average price of $113.00, for a total value of $112,322.00. Following the sale, the chief financial officer now directly owns 18,734 shares of the company’s stock, valued at $2,116,942. This represents a 5.04 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 3.40% of the company’s stock.

Institutional Investors Weigh In On J. M. Smucker

Several hedge funds have recently bought and sold shares of SJM. Norges Bank purchased a new position in shares of J. M. Smucker in the fourth quarter worth about $112,978,000. FMR LLC increased its position in shares of J. M. Smucker by 40.0% in the third quarter. FMR LLC now owns 3,353,996 shares of the company’s stock valued at $406,169,000 after acquiring an additional 958,142 shares during the period. LSV Asset Management raised its stake in shares of J. M. Smucker by 3,599.5% during the fourth quarter. LSV Asset Management now owns 929,400 shares of the company’s stock valued at $102,346,000 after acquiring an additional 904,278 shares during the last quarter. State Street Corp boosted its holdings in shares of J. M. Smucker by 12.0% during the third quarter. State Street Corp now owns 7,111,023 shares of the company’s stock worth $861,145,000 after purchasing an additional 762,746 shares during the period. Finally, Thrivent Financial for Lutherans increased its holdings in J. M. Smucker by 891.3% during the 3rd quarter. Thrivent Financial for Lutherans now owns 579,903 shares of the company’s stock valued at $70,226,000 after purchasing an additional 521,404 shares during the period. 81.66% of the stock is currently owned by institutional investors.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About J. M. Smucker

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.