Empowered Funds LLC and various other organizations have invested significantly in
The J.M. Smucker Company. Despite experiencing a 21% decline over the past year, recent gains may prove satisfactory to institutional owners. Strengthening marketing ties with
Acosta Group and a $1.7B acquisition of
Ainsworth bolster the company's portfolio. The performance of
SJM continues to fluctuate, indicating volatile market conditions.
Blair William & Co. IL and
LSV Asset Management have decreased their shares, while
Mitsubishi UFJ Asset Management Co. Ltd. and several firms increased their stakes. SJM's
dividend hikes are proving beneficial for investors. Among the company's major shareholders, institutional entities control 83% of the company. Despite short-term losses, the overall outlook tilts towards the positive as
The J.M. Smucker Company continues to adopt strategic actions to address market volatility. The company consistently beats quarterly earnings forecasts, presenting an attractive investment opportunity. Yet, some skepticism remains due to SJM's debt position. Positive news includes the company's accolade on the Human Rights Campaign's 2023-2024 Corporate Equality Index and their recent successful acquisitions. However, news of layoffs and high costs raise concerns.
The JM Smucker Company SJM News Analytics from Mon, 11 Sep 2023 07:00:00 GMT to Sun, 21 Jul 2024 17:41:25 GMT -
Rating 1
- Innovation 4
- Information 4
- Rumor -4
