Morgan Stanley initiated coverage on J.M. Smucker with a new price target
$SJM
Packaged Foods
Consumer Staples
Morgan Stanley initiated coverage of J.M. Smucker with a rating of Overweight and set a new price target of $123.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/23/2025 | $134.00 | Buy | UBS |
| 3/24/2025 | $123.00 | Overweight | Morgan Stanley |
| 1/8/2025 | $121.00 | Buy → Hold | TD Cowen |
| 10/25/2024 | $135.00 → $125.00 | Buy → Hold | Stifel |
| 3/1/2024 | $132.00 | Neutral | DA Davidson |
| 2/28/2024 | $135.00 | Hold → Buy | Stifel |
| 2/1/2024 | $153.00 | Buy | Citigroup |
| 12/12/2023 | $140.00 | Overweight | Wells Fargo |
ORRVILLE, Ohio, May 13, 2025 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) will release its fourth quarter fiscal 2025 financial results on Tuesday, June 10, 2025. A press release, including financial statements and segment information, supplemental materials, pre-recorded management remarks, and a transcript of the pre-recorded remarks will be available beginning at 7:00 a.m. Eastern Time. The Company will webcast a live question and answer session with Mark Smucker, Chair of the Board and Chief Executive Officer, and Tucker Marshall, Chief Financial Officer, at 9:00 a.m. Eastern Time on that date. The live webcast, replay, and other materials can be accessed at the Company's website: inv
ORRVILLE, Ohio, March 3, 2025 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) ("Company") announced today the closing of the transaction to divest its Cloverhill and Big Texas brands, as well as certain private label products, to JTM Foods, LLC ("JTM"). The Company previously announced the signing of a definitive agreement for the transaction on January 31, 2025. The all-cash transaction is valued at approximately $40 million, subject to a working capital adjustment, and includes relevant trademarks and licenses as well as the Company's manufacturing facility in Chicago, Illinois along with approximately 400 employees who will also transition with the business. The divestiture reflects the C
ORRVILLE, Ohio, Feb. 27, 2025 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) today announced results for the third quarter ended January 31, 2025, of its 2025 fiscal year. Financial results for the third quarter of fiscal year 2025 reflect the divestiture of the Voortman® business on December 2, 2024, divestiture of the Canada condiment business on January 2, 2024, and acquisition of Hostess Brands, Inc. ("Hostess Brands") on November 7, 2023. All comparisons are to the third quarter of the prior fiscal year, unless otherwise noted. EXECUTIVE SUMMARY Net sales was $2.2 billion, a decrease of $43.2 million, or 2 percent. Net sales excluding the divestitures, acquisition, and foreign currency
UBS initiated coverage of J.M. Smucker with a rating of Buy and set a new price target of $134.00
Morgan Stanley initiated coverage of J.M. Smucker with a rating of Overweight and set a new price target of $123.00
TD Cowen downgraded J.M. Smucker from Buy to Hold and set a new price target of $121.00
4 - J M SMUCKER Co (0000091419) (Issuer)
4 - J M SMUCKER Co (0000091419) (Issuer)
4 - J M SMUCKER Co (0000091419) (Issuer)
ORRVILLE, Ohio, April 17, 2025 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) today announced its Board of Directors approved a $1.08 per share dividend on the common shares of the Company. The dividend will be paid on Monday, June 2, 2025, to shareholders of record at the close of business on Friday, May 16, 2025. The Company also announced its Annual Meeting of Shareholders will be held on Wednesday, August 13, 2025, in a virtual-only meeting format. The meeting will be held at 12:00 p.m. Eastern Time. Shareholders of record at the close of business on Monday, June 16, 2025, will be eligible to join the webcast and vote by accessing the meeting from the Company's website: investors.jmsmuc
ORRVILLE, Ohio, April 18, 2024 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) today announced its Board of Directors approved a $1.06 per share dividend on the common shares of the Company. The dividend will be paid on Monday, June 3, 2024, to shareholders of record at the close of business on Friday, May 17, 2024. The Company also announced its Annual Meeting of Shareholders will be held on Wednesday, August 14, 2024, in a virtual-only meeting format. The meeting will be held at 11:00 a.m. Eastern Time. Shareholders of record at the close of business on Monday, June 17, 2024, will be eligible to join the webcast and vote by accessing the meeting from the Company's website: investors.jmsmuc
ORRVILLE, Ohio, Feb. 7, 2022 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) announced today the appointment of Jonathan E. Johnson III to its Board of Directors, increasing its Board membership to 12. Johnson currently serves as CEO for online retailer Overstock.com, Inc., where he has held roles of increasing capacity since 2002, including director and president of Overstock's venture capital arm Medici Ventures. Prior to his leadership at Overstock, Johnson served as general counsel and CFO of software and services company TenFold Corporation. "Since his appointment to CEO in 2019, Jonathan has made notable improvements to Overstock's profitability and market share through a keen focus o
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SC 13G/A - J M SMUCKER Co (0000091419) (Subject)
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ORRVILLE, Ohio, May 27, 2025 /PRNewswire/ -- The J.M. Smucker Co. (NYSE: SJM) announced today plans to close its Indianapolis, Indiana manufacturing facility, which manufactures products from the Company's Hostess® brand, and consolidate operations into other existing facilities. The Company will close and pursue the sale of its Indianapolis manufacturing facility by early calendar year 2026. "This decision continues the ongoing work to ensure our manufacturing network is optimized to mitigate costs and reduce complexity in support of the execution of our Sweet Baked Snacks strategy, which is focused on stabilizing the Hostess® business and positioning it for long-term growth," said Judd Fre
ORRVILLE, Ohio, May 13, 2025 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) will release its fourth quarter fiscal 2025 financial results on Tuesday, June 10, 2025. A press release, including financial statements and segment information, supplemental materials, pre-recorded management remarks, and a transcript of the pre-recorded remarks will be available beginning at 7:00 a.m. Eastern Time. The Company will webcast a live question and answer session with Mark Smucker, Chair of the Board and Chief Executive Officer, and Tucker Marshall, Chief Financial Officer, at 9:00 a.m. Eastern Time on that date. The live webcast, replay, and other materials can be accessed at the Company's website: inv
ORRVILLE, Ohio, April 30, 2025 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) today announced the promotion of John Brase to the role of President and Chief Operating Officer, effective April 30, 2025. In this expanded role, Brase will continue to have oversight of the Company's U.S. Retail Coffee, U.S. Retail Frozen Handheld and Spreads, U.S. Retail Pet Foods and Sweet Baked Snacks segments and its International and Away from Home businesses, as well as the Company's Sales, Operations and Supply Chain functions, while expanding his support of growing and delivering the business. His expanded responsibilities will include participation in certain external engagements and industry associatio
4 - J M SMUCKER Co (0000091419) (Issuer)
4 - J M SMUCKER Co (0000091419) (Issuer)
4 - J M SMUCKER Co (0000091419) (Issuer)
8-K - J M SMUCKER Co (0000091419) (Filer)
144 - J M SMUCKER Co (0000091419) (Subject)
8-K - J M SMUCKER Co (0000091419) (Filer)