Morgan Stanley resumed coverage on J.M. Smucker with a new price target
$SJM
Packaged Foods
Consumer Staples
Morgan Stanley resumed coverage of J.M. Smucker with a rating of Equal-Weight and set a new price target of $122.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 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 |
| 12/6/2023 | $122.00 | Equal-Weight | Morgan Stanley |
| 11/14/2023 | $123.00 → $119.00 | Underperform → Mkt Perform | Bernstein |
| 9/14/2023 | $170.00 → $145.00 | Buy → Neutral | BofA Securities |
ORRVILLE, Ohio, Nov. 5, 2024 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) will release its second quarter fiscal 2025 financial results on Tuesday, November 26, 2024. 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 Standard Time. The Company will webcast a live question and answer session with Mark Smucker, Chair of the Board, President and Chief Executive Officer, and Tucker Marshall, Chief Financial Officer, at 9:00 a.m. Eastern Standard Time on that date. The Company will host its 2024 Investor Day on Tuesday, De
ORRVILLE, Ohio, Oct. 24, 2024 /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, December 2, 2024, to shareholders of record at the close of business on Friday, November 15, 2024. About The J.M. Smucker Co. At The J.M. Smucker Co., it is our privilege to make food people and pets love by offering a diverse family of brands available across North America. We are proud to lead in the coffee, peanut butter, fruit spreads, frozen handheld, sweet baked goods, dog snacks, and cat food categories by offering brands consumers trust for themselves and their
ORRVILLE, Ohio, Aug. 28, 2024 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) today announced results for the first quarter ended July 31, 2024, of its 2025 fiscal year. Financial results for the first quarter of fiscal year 2025 reflect the divestiture of the Canada condiment business on January 2, 2024, acquisition of Hostess Brands, Inc. ("Hostess Brands") on November 7, 2023, and divestiture of the Sahale Snacks® business on November 1, 2023. All comparisons are to the first quarter of the prior fiscal year, unless otherwise noted. EXECUTIVE SUMMARY Net sales was $2.1 billion, an increase of $319.9 million, or 18 percent. Net sales excluding the acquisition, divestitures, and foreign cur
10-Q - J M SMUCKER Co (0000091419) (Filer)
8-K - J M SMUCKER Co (0000091419) (Filer)
8-K - J M SMUCKER Co (0000091419) (Filer)
ORRVILLE, Ohio, Nov. 7, 2024 /PRNewswire/ --The J.M. Smucker Co. (NYSE:SJM) today celebrated the opening of its newest manufacturing facility in McCalla, Alabama, which will support production of one of the Company's fastest growing brands, Uncrustables®. Company leadership, including Chair of the Board, President and CEO, Mark Smucker, along with local and state leadership, including Governor Kay Ivey, were in attendance for the grand opening event. The 900,000-square-foot manufacturing facility will increase the Company's current production capacity for its Uncrustables brand to help meet demand for the popular frozen sandwiches. "The opening of our new facility in McCalla furthers our com
ORRVILLE, Ohio, Nov. 5, 2024 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) will release its second quarter fiscal 2025 financial results on Tuesday, November 26, 2024. 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 Standard Time. The Company will webcast a live question and answer session with Mark Smucker, Chair of the Board, President and Chief Executive Officer, and Tucker Marshall, Chief Financial Officer, at 9:00 a.m. Eastern Standard Time on that date. The Company will host its 2024 Investor Day on Tuesday, De
ORRVILLE, Ohio, Oct. 24, 2024 /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, December 2, 2024, to shareholders of record at the close of business on Friday, November 15, 2024. About The J.M. Smucker Co. At The J.M. Smucker Co., it is our privilege to make food people and pets love by offering a diverse family of brands available across North America. We are proud to lead in the coffee, peanut butter, fruit spreads, frozen handheld, sweet baked goods, dog snacks, and cat food categories by offering brands consumers trust for themselves and their
Stifel downgraded J.M. Smucker from Buy to Hold and set a new price target of $125.00 from $135.00 previously
DA Davidson initiated coverage of J.M. Smucker with a rating of Neutral and set a new price target of $132.00
Stifel upgraded J.M. Smucker from Hold to Buy and set a new price target of $135.00
4 - J M SMUCKER Co (0000091419) (Issuer)
4 - J M SMUCKER Co (0000091419) (Issuer)
4 - J M SMUCKER Co (0000091419) (Issuer)
With U.S. stock futures trading higher this morning on Monday, some of the stocks that may grab investor focus today are as follows: Wall Street expects The Goldman Sachs Group, Inc. (NYSE:GS) to report quarterly earnings at $8.34 per share on revenue of $12.46 billion before the opening bell, according to data from Benzinga Pro. Goldman Sachs shares gained 0.1% to close at $479.88 on Friday. The J. M. Smucker Company (NYSE:SJM) raised its quarterly dividend from $1.06 to $1.08 per share. Smucker shares rose 0.02% to $113.18 in the after-hours trading session. Analysts are expecting BlackRock, Inc. (NYSE:BLK) to post quarterly earnings at $9.95 per share on revenue of $4.85 billion
Argus Research analyst Taylor Conrad maintains JM Smucker (NYSE:SJM) with a Buy and lowers the price target from $150 to $135.
4 - J M SMUCKER Co (0000091419) (Issuer)
4 - J M SMUCKER Co (0000091419) (Issuer)
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
ORRVILLE, Ohio, Dec. 1, 2020 /PRNewswire/ -- The J.M. Smucker Co. (NYSE: SJM) announced today the closing of the transaction to sell its Crisco® oils and shortening business to B&G Foods, Inc. for $550 million, subject to a working capital adjustment. The Company previously announced the signing of a definitive agreement to divest its Crisco® business on October 26, 2020. The transaction encompasses oils and shortening products sold under the Crisco® brand primarily in the U.S. and Canada, certain trademarks and licensing agreements, dedicated manufacturing and warehouse facilities located in Cincinnati, Ohio, and approximately 160 employees who support the Crisco® business. The business
SC 13G/A - J M SMUCKER Co (0000091419) (Subject)
SC 13G/A - J M SMUCKER Co (0000091419) (Subject)
SC 13G/A - J M SMUCKER Co (0000091419) (Subject)