J.M. Smucker's Chief Legal Officer Sells Shares
Jeannette Knudsen sold 1,648 shares of The J.M. Smucker Company.
Key Points
- Jeannette Knudsen, Chief Legal Officer at J.M. Smucker, sold 1,648 shares at $115.94, totaling $191,069 on June 15, 2026.
- J.M. Smucker's stock trades near $115.94, with a market cap of $12.36 billion and a forward P/E of 10.82.
- Analysts maintain a 'buy' consensus with a target mean price of $121.59, indicating positive sentiment.
On June 15, 2026, Jeannette Knudsen, the Chief Legal Officer of The J.M. Smucker Company, sold 1,648 shares of the company. These shares were sold at an average price of $115.94 each, amounting to a total transaction value of $191,069. This transaction was not part of a pre-planned trading program.
Insider Buying and Selling at The J. M. Smucker Company
In addition to Jeannette Knudsen, several other executives at The J.M. Smucker Company were active in trading shares on June 15, 2026. Chief People Officer Jill Penrose sold 979 shares, while CEO Mark Smucker sold 12,677 shares. Chief Financial Officer Marshall Tucker sold 1,473 shares and also purchased 9,207 shares on June 11, 2026. Chief Product Supply Officer Robert Ferguson sold 1,259 shares, all at the same price of $115.94 per share.
Other Institutional Activity in The J.M. Smucker Company
Institutional investors have also been adjusting their positions in The J.M. Smucker Company. Vanguard Capital Management LLC added 6,746,043 shares, resulting in a holding valued at approximately $650.59 million. BlackRock, Inc. reduced its stake by 1,759,976 shares, bringing its total to 6,726,864 shares worth about $648.74 million. State Street Corp also trimmed its position by 684,371 shares, ending with 6,495,802 shares valued at $626.46 million. Meanwhile, UBS Group AG increased its holdings by 2,064,751 shares to 5,989,033 shares, valued at $577.58 million. Dimensional Fund Advisors LP added 528,418 shares, bringing its total to 3,920,718 shares, worth around $378.10 million.
The J.M. Smucker Company Stock Snapshot
Shares of NYSE:SJM are trading near $115.94. The company has a market capitalization of about $12.36 billion and a forward P/E ratio of 10.82. Its beta is low at 0.264, suggesting lower volatility compared to the market. The stock's 52-week range is between $88.25 and $119.39, with a 50-day moving average of $99.97 and a 200-day moving average of $103.47. The company has a current ratio of 0.777 and a quick ratio of 0.282, indicating liquidity constraints.
Recent Earnings
The J.M. Smucker Company reported revenues of approximately $9.05 billion, with a revenue growth rate of 5.8%. However, the company posted a net margin of -1.53% and a negative return on equity of -2.39%. The company's next earnings report is scheduled for August 27, 2026.
Dividend
The company offers an annual dividend rate of $4.40 per share, yielding 3.8%. The dividend payout ratio stands at 86.06%, reflecting the portion of earnings paid out as dividends.
Analysts Set New Price Targets
On June 11, 2026, UBS maintained a 'buy' rating on the stock with a price target of $130. Other firms, including Evercore ISI Group, TD Cowen, JP Morgan, RBC Capital, Wells Fargo, and B of A Securities, also maintained their ratings, with price targets ranging from $110 to $135. The consensus rating is 'buy', with an average target price of $121.59 based on 17 analyst opinions.
About The J.M. Smucker Company
The J.M. Smucker Company, headquartered in Orrville, Ohio, produces and markets branded food and beverage products. Operating through four segments, it offers a variety of products such as coffee, snacks, pet foods, and spreads under brands like Folgers, Jif, and Smucker's. Established in 1897, it distributes its products across multiple channels, including supermarkets, online retailers, and foodservice distributors.
Bottom Line
Insider trading activities at The J.M. Smucker Company, including the recent sale by Jeannette Knudsen, are closely watched by investors. The company's stock, with a low beta and a forward P/E ratio of 10.82, reflects a stable investment profile. Analysts continue to show confidence with a 'buy' consensus, though investors should consider the company's financial performance and upcoming earnings report. As always, insider transactions like these are backward-looking and may not reflect future actions.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.
