The J.M. Smucker Company (SJM) has released a number of noteworthy updates in the market. The company intends to distribute a
quarterly dividend of $1.08 on September 3rd. In addition to this, they announced a dividend increase. There have been changes in the company's stock holder lineup with
LSV Asset Management, Wealthspire Advisors, and Geneos Wealth Management all reducing their holdings, while others such as
Private Advisor Group, Daiwa Securities Group, and Fidelis Capital have taken new positions or raised their existing stakes in the company. The company manages to outperform the sector on some occasions, but also experiences setbacks. It has collaborations with
Acosta Group, enhancing its marketing ties. However, the company's shares are down about
15% over the past 6 months. SJM's average rating from brokerage firms is 'Hold'. Several
institutional shareholders own approximately 83% of the company, often suggesting stability. Especially important to note is that the company recently completed an
acquisition of Hostess Brands, with the expectation that it will boost business performance.
The JM Smucker Company SJM News Analytics from Mon, 11 Sep 2023 07:00:00 GMT to Sun, 14 Jul 2024 17:00:15 GMT -
Rating 4
- Innovation -2
- Information 6
- Rumor -4
