Franklin Resources Inc is reducing its stake in
The JM Smucker Company (SJM), while institutions such as
Norges Bank,
Advisors Asset Management Inc, and
Nordwand Advisors LLC are making new investments.
Sweet baked snacks contributed to the positive results from SJM’s Q2 2026 earnings call, amid tariff pressures. Despite the encouraging performance of certain brands like
J.M. Smucker experiencing turbulence in portfolio growth outside these brands. Notably, there are fluctuations in the stock, illustrated by the activities from, for instance,
JPMorgan Chase & Co., Boston Partners, and Legal & General Group Plc, all of which, sold shares of SJM. Renowned financial expert,
Jim Cramer, urges caution, citing SJM as having dealt a “bad hand”. A significant decision from SJM is the commitment to remove FD&C colors from their food products. Meanwhile, the firm faces rising costs and slowing sales, with forecasts for annual profit missing estimates due to coffee inflation. However, the firm has moved into a profit-making period in Q2, amidst multiple loss narratives. The dividend strength of the company remains sensible, even as there is a careful consideration for buying the company’s stock due to its upcoming dividend.
The JM Smucker Company SJM News Analytics from Fri, 31 Jan 2025 08:00:00 GMT to Fri, 05 Dec 2025 20:25:52 GMT -
Rating -2
- Innovation 5
- Information 4
- Rumor 3
