Rep. David Taylor Sells Off Shares of The J. M. Smucker Company (NYSE:SJM)

Representative David Taylor (R-Ohio) recently sold shares of The J. M. Smucker Company (NYSE:SJM). In a filing disclosed on April 03rd, the Representative disclosed that they had sold between $1,001 and $15,000 in J. M. Smucker stock on February 20th. The trade occurred in the Representative’s “DAVID TAYLOR TRUST > SCHWAB JOINT BROKERAGE #1 (HOME GROWN)” account.

Representative David Taylor also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 3/27/2025.
• Purchased $1,001 – $15,000 in shares of Parker-Hannifin (NYSE:PH) on 3/10/2025.
• Purchased $1,001 – $15,000 in shares of JPMorgan Chase & Co. (NYSE:JPM) on 3/10/2025.
• Purchased $1,001 – $15,000 in shares of Eaton (NYSE:ETN) on 3/10/2025.
• Sold $1,001 – $15,000 in shares of American Electric Power (NASDAQ:AEP) on 3/10/2025.
• Sold $1,001 – $15,000 in shares of AT&T (NYSE:T) on 3/10/2025.
• Purchased $1,001 – $15,000 in shares of Kroger (NYSE:KR) on 2/20/2025.
• Purchased $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 2/10/2025.
• Purchased $1,001 – $15,000 in shares of J. M. Smucker (NYSE:SJM) on 2/10/2025.
• Purchased $1,001 – $15,000 in shares of Installed Building Products (NYSE:IBP) on 2/5/2025.

J. M. Smucker Trading Down 2.8 %

Shares of NYSE:SJM opened at $115.03 on Friday. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.27 and a current ratio of 0.58. The stock has a market capitalization of $12.24 billion, a price-to-earnings ratio of 23.29, a PEG ratio of 3.91 and a beta of 0.35. The J. M. Smucker Company has a 1-year low of $98.77 and a 1-year high of $125.42. The company has a 50 day moving average price of $109.70 and a 200 day moving average price of $112.20.

J. M. Smucker (NYSE:SJM) last released its quarterly earnings data on Thursday, February 27th. The company reported $2.61 earnings per share for the quarter, topping the consensus estimate of $2.37 by $0.24. J. M. Smucker had a return on equity of 14.35% and a net margin of 5.96%. The business had revenue of $2.19 billion during the quarter, compared to analyst estimates of $2.23 billion. On average, research analysts anticipate that The J. M. Smucker Company will post 9.88 EPS for the current fiscal year.

J. M. Smucker Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Friday, February 14th were issued a $1.08 dividend. The ex-dividend date was Friday, February 14th. This represents a $4.32 dividend on an annualized basis and a dividend yield of 3.76%. J. M. Smucker’s payout ratio is currently -179.25%.

Wall Street Analyst Weigh In

A number of analysts have commented on SJM shares. Morgan Stanley began coverage on shares of J. M. Smucker in a research note on Monday, March 24th. They set an “overweight” rating and a $123.00 price objective for the company. Barclays cut their target price on shares of J. M. Smucker from $123.00 to $119.00 and set an “equal weight” rating on the stock in a research note on Monday, March 3rd. DA Davidson lowered their price target on J. M. Smucker from $122.00 to $120.00 and set a “neutral” rating on the stock in a report on Tuesday, March 11th. StockNews.com raised J. M. Smucker from a “sell” rating to a “hold” rating in a research note on Friday, March 28th. Finally, TD Cowen cut J. M. Smucker from a “buy” rating to a “hold” rating and lowered their target price for the company from $130.00 to $121.00 in a research note on Wednesday, January 8th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $125.67.

Institutional Investors Weigh In On J. M. Smucker

Several institutional investors have recently made changes to their positions in the company. Capital Advisors Ltd. LLC raised its position in J. M. Smucker by 188.8% during the fourth quarter. Capital Advisors Ltd. LLC now owns 231 shares of the company’s stock valued at $25,000 after acquiring an additional 151 shares in the last quarter. Marshall & Sterling Wealth Advisors Inc. bought a new position in shares of J. M. Smucker during the 4th quarter valued at $27,000. Kentucky Trust Co acquired a new stake in shares of J. M. Smucker in the 4th quarter valued at $28,000. Minot DeBlois Advisors LLC bought a new stake in J. M. Smucker in the fourth quarter worth $28,000. Finally, Measured Risk Portfolios Inc. acquired a new position in J. M. Smucker during the fourth quarter worth $29,000. 81.66% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at J. M. Smucker

In other J. M. Smucker news, CFO Tucker H. Marshall sold 5,028 shares of the stock in a transaction that occurred on Thursday, March 13th. The stock was sold at an average price of $113.36, for a total transaction of $569,974.08. Following the transaction, the chief financial officer now owns 13,263 shares in the company, valued at $1,503,493.68. This trade represents a 27.49 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Jill R. Penrose sold 5,117 shares of the business’s stock in a transaction on Friday, March 28th. The stock was sold at an average price of $116.26, for a total transaction of $594,902.42. Following the completion of the sale, the insider now owns 8,794 shares of the company’s stock, valued at $1,022,390.44. The trade was a 36.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 3.40% of the company’s stock.

About Representative Taylor

David Taylor (Republican Party) is a member of the U.S. House, representing Ohio’s 2nd Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Taylor (Republican Party) ran for election to the U.S. House to represent Ohio’s 2nd Congressional District. He won in the general election on November 5, 2024.

David Taylor graduated from Amelia High School. Taylor earned degrees from Miami University (Ohio) and the University of Dayton School of Law. Taylor’s career experience includes working as an attorney and as a businessman at Sardinia Ready Mix, Inc.

J. M. Smucker Company Profile

The J. M. Smucker Company manufactures and markets branded food and beverage products worldwide. It operates in three segments: U.S. Retail Pet Foods, U.S. Retail Coffee, and U.S. Retail Consumer Foods. The company offers mainstream roast, ground, single serve, and premium coffee; peanut butter and specialty spreads; fruit spreads, toppings, and syrups; jelly products; nut mix products; shortening and oils; frozen sandwiches and snacks; pet food and pet snacks; and foodservice hot beverage, foodservice portion control, and flour products, as well as dog and cat food, frozen handheld products, juices and beverages, and baking mixes and ingredients.