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Marshall Tucker, the Chief Financial Officer of J M Smucker Co (NYSE:SJM), recently sold a significant portion of his holdings in the company. According to a recent filing, Tucker sold 5,028 common shares on March 13 at a price of $113.36 each, totaling approximately $569,974. Following this transaction, Tucker retains 13,262.837 shares in direct ownership. The sale comes as J M Smucker, currently valued at nearly $12 billion, trades below its Fair Value according to InvestingPro analysis, which identifies the company’s high shareholder yield as a key strength.
Additionally, Tucker holds 1,450 shares indirectly through the company’s 401(k) plan and dividend reinvestment plan. This indirect ownership reflects shares acquired since his last ownership report. The company maintains a notable 3.87% dividend yield and has consistently paid dividends for 55 consecutive years, demonstrating strong shareholder returns despite current short-term liquidity challenges. For deeper insights into SJM’s financial health and extensive analysis, investors can access the comprehensive Pro Research Report available on InvestingPro.
In other recent news, J.M. Smucker reported third-quarter fiscal year 2025 earnings, revealing an earnings per share (EPS) of $2.61, which surpassed both the company’s and Stifel’s projections. This positive result was attributed to a stronger gross margin and reduced selling, distribution, and administrative expenses. However, the company faced challenges with its Hostess brand sales, leading to a downward revision of its fiscal year 2025 revenue guidance, while increasing its EPS forecast by $0.10. Revenue figures showed a shortfall, with J.M. Smucker reporting $2.186 billion, missing consensus estimates by 1.8%, primarily due to supply issues in the Pet Food segment.
Analyst firms have maintained their ratings on J.M. Smucker, with DA Davidson holding a Neutral rating and a price target of $122.00, while Stifel also maintained a Hold rating with a $120.00 target. Bernstein retained a Market Perform rating with a $104.00 price target, noting mixed results and a slight decrease in sales growth. Analysts from these firms highlighted concerns over coffee segment inflation and ongoing challenges with Hostess brand integration. Despite these hurdles, J.M. Smucker’s adjusted EPS exceeded expectations, supported by strong margins and a lower tax rate.
Additionally, major U.S. food corporations, including J.M. Smucker, are advocating for tariff exemptions on certain imports like cocoa and tropical fruit. The Consumer Brands Association, representing these companies, has requested these exemptions from President Donald Trump to protect manufacturers who rely on non-domestic ingredients. This move aims to aid companies in navigating international trade complexities and mitigate consumer inflation pressures.
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