Latest news with #JMSmucker
Yahoo
4 hours ago
- Business
- Yahoo
J.M. Smucker Reinforces Dividend Strength as Analyst Confidence Remains High
The J. M. Smucker Company (NYSE:SJM) is one of the 10 best dividend stocks according to Jim Cramer. Jefferies reiterated a Buy rating for the stocks, maintaining the earlier adjusted price target of $115. A wholesaler distributing peanut butter, fruit spreads and specialty spreads to a retailer. Ohio-based company, The J. M. Smucker Company (NYSE:SJM) is among the largest food and beverage manufacturers, primarily operating in North America. The company's product portfolio includes coffee, pet food, peanut butter, fruit spreads, baking mixes, and frozen handheld items, among others. Operating through various brands like Folgers, Dunkin', Café Bustelo, Jif, and Smucker's, the company has enhanced its global presence. On June 11, 2025, Jefferies upgraded The J. M. Smucker Company (NYSE:SJM)'s rating from Hold to Buy. Though the rating went up, the price target was adjusted from $118.00 to $115.00, reaching a 2.54% decrease. On June 12, 2025, Director Tarang Amin purchased 1,050 shares of The J. M. Smucker Company (NYSE:SJM). Acquired at an average price of $96.09 each, the value of the total shares purchased by Amin stands at $100,894.50. The move was considered bold since, in addition to Jefferies, other investment managers like Stifel and Wells Fargo also lowered their price target on the company. On June 14, 2025, Jefferies maintained their Buy rating on the stock without any changes to the price target, earlier iterated as $115. For investors interested in the company's dividend payments, The J. M. Smucker Company (NYSE:SJM)'s dividend yield stands at 4.44% and is backed by a payout ratio of 86.06% and 28 years of consecutive growth. While we acknowledge the potential of SJM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: andDisclosure. None.
Yahoo
17 hours ago
- Business
- Yahoo
Stifel Projects a Drop in EPS for The J. M. Smucker Company's (SJM) in FY26
The J. M. Smucker Company (NYSE:SJM) is on our list of the . Large stacks of food containers in a warehouse with workers in the foreground. The J. M. Smucker Company (NYSE:SJM) reported better-than-expected performance in Q4 2025. However, the company's forecast for fiscal 2026 showed a potential 11% drop in EPS. This was 13% lower than Stifel's previous forecast. Thus, on June 11, 2025, the analyst lowered the price target on the company's stock from $120 to $106, maintaining a 'Hold' rating following its 4th quarter announcement. Furthermore, Stifel also attributes the stock price downgrade to weakness in the company's Coffee and Sweet Baked Goods segments. The analyst lowered fiscal 2026 EPS guidance by $1.43 per share to $8.95, which is 13% below its previous projection. Despite the stock downgrade by Stifel, The J. M. Smucker Company (NYSE:SJM) maintains financial stability on an overall basis, boasting a strong portfolio of food products. This includes a growing range of organic peanut butter, premium coffee, and natural fruit spreads. It is one of the best future food stocks. While we acknowledge the potential of SJM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and 10 Low Risk High Reward Stocks Set to Triple by 2030. Disclosure: None.
Yahoo
6 days ago
- Business
- Yahoo
Jim Cramer on J.M. Smucker: 'It's Real'
The J. M. Smucker Company (NYSE:SJM) is one of the 18 stocks Jim Cramer recently shared insights on. While discussing the company, Cramer said that almost every analyst who covers the stock is bearish about the business. He commented: 'But let's look at the other way. Let's talk about what old folks were interested in. There's a company called J.M. Smucker. It makes coffee jams and pet food, Uncrustables, Twinkies. It's covered by 15 different firms… It's real. We've all bought their stuff. Two years ago, right at the time that the GLP-1 drugs came of age and we went nuts for the weight loss shots, J.M. Smucker didn't seem to notice. They ran into the fire, they bought Hostess, that's right, Hostess, maker of Twinkies, for $5.6 billion in November of 2023. Today, they took a $980 million impairment charge for that transaction. I doubt that'll be the last one, as Twinkies and Ho Hos may not turn very well. Let's just say they're going nowhere. They also took a big hit from tariffs and higher coffee costs. Smucker's talking about a 20% boost in coffee prices. That's not going to help demand. In the wake of the news, the stock plunged more than 15%. Nearly every analyst who covers it had tough things to say about the business, all major firms.' A wholesaler distributing peanut butter, fruit spreads and specialty spreads to a retailer. J. M. Smucker (NYSE:SJM) produces a wide range of branded food and beverage products, including coffee, snacks, pet food, spreads, and baked goods. While we acknowledge the potential of SJM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None.
Yahoo
15-06-2025
- Business
- Yahoo
These 2 Beaten-Down Dividend Stocks and This ETF Yield Over 4%. Here's Why They Are Worth Doubling Up on in June.
Phillips 66 is a leading refining company with a history of hiking its dividend consistently higher. J.M. Smucker is too cheap to ignore. The Global X MLP & Energy Infrastructure ETF invests in America's energy future. 10 stocks we like better than Phillips 66 › The S&P 500 (SNPINDEX: ^GSPC) has staged an epic recovery and is now positive year to date as investors look past ongoing macro challenges and focus on long-term growth. The rebound has increased the valuations of many stocks and exchange-traded funds (ETFs) -- making major indexes like the S&P 500 relatively expensive. But there are still compelling bargains if you know where to look. Here's why Phillips 66 (NYSE: PSX), J.M. Smucker (NYSE: SJM), and the Global X MLP & Energy Infrastructure ETF (NYSEMKT: MLPX) are great buys for investors looking to generate passive income from dividend stocks and ETFs. Scott Levine (Phillips 66): With energy prices plunging over the past year, many oil and gas stocks have received a cold shoulder from investors. Shares of leading refining company Phillips 66, for example, have plummeted more than 18% over the past year as of this writing. Disconcerting as this drop may be, it provides a great buying opportunity for investors to load up on a solid energy stock that currently offers a 4.3% forward yield. It's not merely the fact that Phillips 66 offers a high-yield dividend that makes it alluring. From 2012, the first full year it paid a dividend after it was spun off, through 2024, the company has boosted its dividend higher at a compound annual growth rate of 15%. While returning an increasing amount of capital to shareholders, management hasn't been willing to jeopardize the company's financial well-being. Over the past five years, Phillips 66 has averaged a 72% payout ratio. While it operates midstream assets and has a chemicals business, it's the company's refining business that contributes most to its bottom line. From 2021 through 2024, the refining business represented, on average, 38% of the company's adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA). Phillips 66 has succeeded in reducing refining costs over the past couple of years, and it's targeting further reductions by 2027 -- something that makes further dividend hikes more likely. After reducing refining costs from $6.98 per barrel in 2022 to $5.90 in 2024, management has set a goal of dropping this to $5.50 by 2027. Another potential factor that could help drive further dividend growth is the recent activist investor activity, which resulted in Elliot Investment Management picking up two board seats. Those looking to procure more passive income would be well served to gas up their portfolios with Phillips 66. Daniel Foelber (J.M. Smucker): J.M. Smucker got hammered on Tuesday -- falling 15.6% in a single session. That steep of a sell-off is unusual for a traditionally low-growth, stodgy, dividend-paying company. The stock is now treading water at its lowest level in over 12 years. The packaged food company has a diverse portfolio of brands spanning five key categories -- U.S. retail coffee (led by Folgers and Café Bustelo), retail frozen handheld and spreads (Jif peanut butter, Uncrustables sandwiches, Smucker's toppings, etc.), U.S. retail pet foods (brands like Milk-Bone and Meow Mix), and sweet baked snacks (mainly Hostess products like Twinkies). The challenge with J.M. Smucker is that some of its products depend on discretionary spending (like treats for pets). Many of its snack brands are pressured by competition and changing buyer preferences toward healthier options. Throw in inflationary challenges and tariffs, and it's easy to see why J.M. Smucker profits have been falling. Given these headwinds, some investors may pass on J.M. Smucker and not think twice about buying the beaten-down value stock. But J.M. Smucker has an exceptionally valuable ace in the hole -- its free cash flow (FCF). Even during a down year, the company still generated $816.6 million in FCF compared to $455.4 million in dividend payments. Better yet, it expects FCF to tick up higher in fiscal 2026 -- reaching $875 million. J.M. Smucker has a generous 4.6% yield and 29 consecutive years of dividend increases , making it a great stock for collecting passive income. J.M. Smucker's growth is slowing, but the stock's valuation already reflects investor concerns -- with the company guiding for $8.50 to $9.50 in fiscal 2026 adjusted earnings per share. Even if it achieves the low end of that earnings guidance range, it would still have a dirt-cheap adjusted forward price-to-earnings ratio of just 11.1. Add it all up, and J.M. Smucker is a great choice for value investors looking for a high-yield dividend stock to buy in June. Lee Samaha (Global X MLP & Energy Infrastructure ETF): This ETF currently yields 4.5% and offers investors a way to get diversified exposure to investing in America's future as an energy superpower. The fund invests in midstream infrastructure (pipelines and storage) companies. They tend to have relatively stable streams of income from take-or-pay contracts and offer less sensitivity to the price of energy compared to companies such as oil and gas exploration and production companies or oil and gas services companies. That's not to say the companies it invests in, such as Kinder Morgan, Cheniere Energy, and Energy Transfer, don't have indirect exposure to the price of energy, because they do. High energy prices encourage investment in energy development, which in turn leads to increased production. That makes signing long-term contracts with customers a lot easier for pipeline and storage companies. Another factor improving the prospects for energy infrastructure companies is an administration committed to promoting energy production and ensuring the U.S. achieves energy self-sufficiency and the capability to export energy. It's no coincidence that President Donald Trump's secretary of the interior is Doug Burgum, the former governor of North Dakota, a major oil-producing state. It's also notable that one of the first actions Trump took in office was to remove the pause on export permit applications for new liquefied natural gas terminals that had been put in place by the previous administration. It all adds up to making this ETF an attractive investment, particularly with the price of oil still above $60 a barrel. Before you buy stock in Phillips 66, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Phillips 66 wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $653,702!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $870,207!* Now, it's worth noting Stock Advisor's total average return is 988% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Daniel Foelber has no position in any of the stocks mentioned. Lee Samaha has no position in any of the stocks mentioned. Scott Levine has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Cheniere Energy, J.M. Smucker, and Kinder Morgan. The Motley Fool recommends Phillips 66. The Motley Fool has a disclosure policy. These 2 Beaten-Down Dividend Stocks and This ETF Yield Over 4%. Here's Why They Are Worth Doubling Up on in June. was originally published by The Motley Fool
Globe and Mail
15-06-2025
- Business
- Globe and Mail
These 2 Beaten-Down Dividend Stocks and This ETF Yield Over 4%. Here's Why They Are Worth Doubling Up on in June.
The S&P 500 (SNPINDEX: ^GSPC) has staged an epic recovery and is now positive year to date as investors look past ongoing macro challenges and focus on long-term growth. The rebound has increased the valuations of many stocks and exchange-traded funds (ETFs) -- making major indexes like the S&P 500 relatively expensive. But there are still compelling bargains if you know where to look. Here's why Phillips 66 (NYSE: PSX), J.M. Smucker (NYSE: SJM), and the Global X MLP & Energy Infrastructure ETF (NYSEMKT: MLPX) are great buys for investors looking to generate passive income from dividend stocks and ETFs. Dedicated to rewarding shareholders -- and maybe even more so now Scott Levine (Phillips 66): With energy prices plunging over the past year, many oil and gas stocks have received a cold shoulder from investors. Shares of leading refining company Phillips 66, for example, have plummeted more than 18% over the past year as of this writing. Disconcerting as this drop may be, it provides a great buying opportunity for investors to load up on a solid energy stock that currently offers a 4.3% forward yield. It's not merely the fact that Phillips 66 offers a high-yield dividend that makes it alluring. From 2012, the first full year it paid a dividend after it was spun off, through 2024, the company has boosted its dividend higher at a compound annual growth rate of 15%. While returning an increasing amount of capital to shareholders, management hasn't been willing to jeopardize the company's financial well-being. Over the past five years, Phillips 66 has averaged a 72% payout ratio. While it operates midstream assets and has a chemicals business, it's the company's refining business that contributes most to its bottom line. From 2021 through 2024, the refining business represented, on average, 38% of the company's adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA). Phillips 66 has succeeded in reducing refining costs over the past couple of years, and it's targeting further reductions by 2027 -- something that makes further dividend hikes more likely. After reducing refining costs from $6.98 per barrel in 2022 to $5.90 in 2024, management has set a goal of dropping this to $5.50 by 2027. Another potential factor that could help drive further dividend growth is the recent activist investor activity, which resulted in Elliot Investment Management picking up two board seats. Those looking to procure more passive income would be well served to gas up their portfolios with Phillips 66. A high-yield cash cow at a bargain-bin price Daniel Foelber (J.M. Smucker): J.M. Smucker got hammered on Tuesday -- falling 15.6% in a single session. That steep of a sell-off is unusual for a traditionally low-growth, stodgy, dividend-paying company. The stock is now treading water at its lowest level in over 12 years. The packaged food company has a diverse portfolio of brands spanning five key categories -- U.S. retail coffee (led by Folgers and Café Bustelo), retail frozen handheld and spreads (Jif peanut butter, Uncrustables sandwiches, Smucker's toppings, etc.), U.S. retail pet foods (brands like Milk-Bone and Meow Mix), and sweet baked snacks (mainly Hostess products like Twinkies). The challenge with J.M. Smucker is that some of its products depend on discretionary spending (like treats for pets). Many of its snack brands are pressured by competition and changing buyer preferences toward healthier options. Throw in inflationary challenges and tariffs, and it's easy to see why J.M. Smucker profits have been falling. Given these headwinds, some investors may pass on J.M. Smucker and not think twice about buying the beaten-down value stock. But J.M. Smucker has an exceptionally valuable ace in the hole -- its free cash flow (FCF). Even during a down year, the company still generated $816.6 million in FCF compared to $455.4 million in dividend payments. Better yet, it expects FCF to tick up higher in fiscal 2026 -- reaching $875 million. J.M. Smucker has a generous 4.6% yield and 29 consecutive years of dividend increases , making it a great stock for collecting passive income. J.M. Smucker's growth is slowing, but the stock's valuation already reflects investor concerns -- with the company guiding for $8.50 to $9.50 in fiscal 2026 adjusted earnings per share. Even if it achieves the low end of that earnings guidance range, it would still have a dirt-cheap adjusted forward price-to-earnings ratio of just 11.1. Add it all up, and J.M. Smucker is a great choice for value investors looking for a high-yield dividend stock to buy in June. This ETF offers diversification and a 4.5% dividend yield Lee Samaha (Global X MLP & Energy Infrastructure ETF): This ETF currently yields 4.5% and offers investors a way to get diversified exposure to investing in America's future as an energy superpower. The fund invests in midstream infrastructure (pipelines and storage) companies. They tend to have relatively stable streams of income from take-or-pay contracts and offer less sensitivity to the price of energy compared to companies such as oil and gas exploration and production companies or oil and gas services companies. That's not to say the companies it invests in, such as Kinder Morgan, Cheniere Energy, and Energy Transfer, don't have indirect exposure to the price of energy, because they do. High energy prices encourage investment in energy development, which in turn leads to increased production. That makes signing long-term contracts with customers a lot easier for pipeline and storage companies. Another factor improving the prospects for energy infrastructure companies is an administration committed to promoting energy production and ensuring the U.S. achieves energy self-sufficiency and the capability to export energy. It's no coincidence that President Donald Trump's secretary of the interior is Doug Burgum, the former governor of North Dakota, a major oil-producing state. It's also notable that one of the first actions Trump took in office was to remove the pause on export permit applications for new liquefied natural gas terminals that had been put in place by the previous administration. It all adds up to making this ETF an attractive investment, particularly with the price of oil still above $60 a barrel. Should you invest $1,000 in Phillips 66 right now? Before you buy stock in Phillips 66, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Phillips 66 wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $653,702!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $870,207!* Now, it's worth noting Stock Advisor 's total average return is988% — a market-crushing outperformance compared to172%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 9, 2025
