The J.M. Smucker Company (SJM) has been the topic of several major financial news updates. While
Robeco Institutional Asset Management B.V sold shares of the company, both Lecap Asset Management Ltd and Ethic Inc acquired a significant amount of SJM shares. Despite increasing coffee sales, fiscal 2026 profit outlook has disappointed leading to a decrease in the company's stock value. Analyst
TD Cowen lowered the price target for SJM to $105 but maintained a 'Hold' rating, reflecting market skepticism. Nevertheless, the company announced its commitment to removing FD&C colors from its consumer food line indicating a move towards natural ingredients. Despite facing scrutiny over recent impairments,
SJM has announced a dividend increase and reinforcement of its dividend strength, hinting at a favorable yield for income investors. SJM is also observed to face ongoing tariff pressures, impacting their coffee results. Reports of a fraud investigation have unsettled some investors. On the bright side, successive quarters have seen the company declare dividends and engineer manager LP investing over $109.90 million in the company. The firm's decision to eliminate artificial colors from its food lines has been seen as a bold, positive move.
The JM Smucker Company SJM News Analytics from Fri, 31 Jan 2025 08:00:00 GMT to Sat, 10 Jan 2026 10:12:43 GMT -
Rating -6
- Innovation 0
- Information 8
- Rumor -5
