The J. M. Smucker Company (SJM) has witnessed various significant developments recently. Generali Asset Management SPA SGR, Aberdeen Group plc, Sage Private Wealth Group, Cwm LLC, and Westhampton Capital LLC are among the companies increasing their investments. Simultaneously, Nordea Investment Management AB and Yousif Capital Management LLC reduced their stakes. There is a general concern over the company's
lawsuit with Trader Joe’s and acquisition of Hostess. Despite these concerns, J. M. Smucker announced
steady dividends and was highlighted as one of the best affordable dividend stocks and a strong player in the food dividend stock portfolio. J. M. Smucker's stock position was boosted by companies like Clark & Stuart Inc., KLP Kapitalforvaltning AS, and Wealth Enhancement Advisory Services. Continued challenges with Hostess saw J.M. Smucker shares rise. The company also announced the
divestiture of certain value brands and the appointment of John Brase as President and COO. Despite some downward fluctuations, the overall strategy of
portfolio optimization, a commitment to remove FD&C colors from food products, and potential of Uncrustables has kept the investor interest high.
The JM Smucker Company SJM News Analytics from Tue, 03 Dec 2024 08:00:00 GMT to Sun, 19 Oct 2025 00:13:00 GMT -
Rating -2
- Innovation -1
- Information 6
- Rumor -5
