Rep. David Taylor Sells The J. M. Smucker Company (NYSE:SJM) Stock

Representative David Taylor (R-Ohio) recently sold shares of The J. M. Smucker Company (NYSE:SJM). In a filing disclosed on April 03rd, the Representative disclosed that they had sold between $1,001 and $15,000 in J. M. Smucker stock on February 20th. The trade occurred in the Representative’s “DAVID TAYLOR TRUST > SCHWAB JOINT BROKERAGE #1 (HOME GROWN)” account.

Representative David Taylor also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 3/27/2025.
• Purchased $1,001 – $15,000 in shares of Parker-Hannifin (NYSE:PH) on 3/10/2025.
• Purchased $1,001 – $15,000 in shares of JPMorgan Chase & Co. (NYSE:JPM) on 3/10/2025.
• Purchased $1,001 – $15,000 in shares of Eaton (NYSE:ETN) on 3/10/2025.
• Sold $1,001 – $15,000 in shares of American Electric Power (NASDAQ:AEP) on 3/10/2025.
• Sold $1,001 – $15,000 in shares of AT&T (NYSE:T) on 3/10/2025.
• Purchased $1,001 – $15,000 in shares of Kroger (NYSE:KR) on 2/20/2025.
• Purchased $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 2/10/2025.
• Purchased $1,001 – $15,000 in shares of J. M. Smucker (NYSE:SJM) on 2/10/2025.
• Purchased $1,001 – $15,000 in shares of Installed Building Products (NYSE:IBP) on 2/5/2025.

J. M. Smucker Stock Down 2.8 %

Shares of SJM opened at $115.03 on Friday. The firm has a market cap of $12.24 billion, a P/E ratio of 23.29, a price-to-earnings-growth ratio of 3.91 and a beta of 0.35. 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 52 week low of $98.77 and a 52 week high of $125.42. The firm’s 50-day simple moving average is $109.70 and its 200 day simple moving average is $112.20.

J. M. Smucker (NYSE:SJM) last posted its earnings results on Thursday, February 27th. The company reported $2.61 EPS for the quarter, beating the consensus estimate of $2.37 by $0.24. The company had revenue of $2.19 billion for the quarter, compared to the consensus estimate of $2.23 billion. J. M. Smucker had a return on equity of 14.35% and a net margin of 5.96%. On average, analysts forecast that The J. M. Smucker Company will post 9.88 earnings per share for the current year.

J. M. Smucker Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Friday, February 14th were paid a dividend of $1.08 per share. This represents a $4.32 dividend on an annualized basis and a dividend yield of 3.76%. The ex-dividend date of this dividend was Friday, February 14th. J. M. Smucker’s dividend payout ratio is presently -179.25%.

Analyst Ratings Changes

SJM has been the topic of several research reports. Morgan Stanley started coverage on shares of J. M. Smucker in a research note on Monday, March 24th. They issued an “overweight” rating and a $123.00 price target on the stock. Stifel Nicolaus lowered their target price on shares of J. M. Smucker from $125.00 to $120.00 and set a “hold” rating on the stock in a report on Friday, January 24th. TD Cowen downgraded J. M. Smucker from a “buy” rating to a “hold” rating and reduced their price target for the stock from $130.00 to $121.00 in a research report on Wednesday, January 8th. Barclays dropped their price objective on J. M. Smucker from $123.00 to $119.00 and set an “equal weight” rating for the company in a report on Monday, March 3rd. Finally, DA Davidson reduced their target price on J. M. Smucker from $122.00 to $120.00 and set a “neutral” rating on the stock in a report on Tuesday, March 11th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $125.67.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Exeter Financial LLC increased its position in J. M. Smucker by 44.9% during the 1st quarter. Exeter Financial LLC now owns 8,955 shares of the company’s stock worth $1,060,000 after purchasing an additional 2,775 shares in the last quarter. Sage Capital Advisors llc lifted its stake in shares of J. M. Smucker by 1.0% in the 1st quarter. Sage Capital Advisors llc now owns 67,468 shares of the company’s stock valued at $7,989,000 after acquiring an additional 653 shares during the last quarter. Versant Capital Management Inc lifted its stake in shares of J. M. Smucker by 116.5% in the 1st quarter. Versant Capital Management Inc now owns 1,139 shares of the company’s stock valued at $135,000 after acquiring an additional 613 shares during the last quarter. Kera Capital Partners Inc. acquired a new stake in shares of J. M. Smucker during the 1st quarter valued at $261,000. Finally, 111 Capital bought a new stake in J. M. Smucker during the 4th quarter worth $1,145,000. Institutional investors own 81.66% of the company’s stock.

Insiders Place Their Bets

In other J. M. Smucker news, insider Jill R. Penrose sold 5,117 shares of the business’s stock in a transaction that occurred on Friday, March 28th. The shares were sold at an average price of $116.26, for a total transaction of $594,902.42. Following the sale, the insider now directly owns 8,794 shares of the company’s stock, valued at $1,022,390.44. The trade was a 36.78 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Tucker H. Marshall sold 5,028 shares of the firm’s stock in a transaction on Thursday, March 13th. The shares were sold at an average price of $113.36, for a total transaction of $569,974.08. Following the transaction, the chief financial officer now directly owns 13,263 shares of the company’s stock, valued at $1,503,493.68. The trade was a 27.49 % decrease in their position. The disclosure for this sale can be found here. Insiders own 3.40% of the company’s stock.

About Representative Taylor

David Taylor (Republican Party) is a member of the U.S. House, representing Ohio’s 2nd Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Taylor (Republican Party) ran for election to the U.S. House to represent Ohio’s 2nd Congressional District. He won in the general election on November 5, 2024.

David Taylor graduated from Amelia High School. Taylor earned degrees from Miami University (Ohio) and the University of Dayton School of Law. Taylor’s career experience includes working as an attorney and as a businessman at Sardinia Ready Mix, Inc.

J. M. Smucker Company Profile

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.