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Mark T Smucker, CEO and Chair of the Board at J M Smucker Co (NASDAQ:SJM), sold 13,000 common shares of the company’s stock on June 17, 2026. The transactions totaled approximately $1,496,430.
The shares were sold at a weighted average price of $115.11 per share. Individual sale prices ranged from $115.08 to $115.17.
Following this transaction, Mr. Smucker directly owns 82,009 common shares. His indirect holdings include 7,576 shares held in a 401(k) account, 60,000 shares held by a GRAT (2025), and 61,204 shares held by a Trust. Additionally, shares are held indirectly by his wife (3,469 shares), by trusts for the benefit of his son (12,770.67 shares), and by trusts for the benefit of his daughter (12,770.67 shares). Mr. Smucker disclaims beneficial ownership of the shares held by his wife and the trusts for his children.The insider sale comes as SJM stock trades at $110.86, up 16% year-to-date. According to InvestingPro analysis, the stock appears slightly overvalued relative to its Fair Value. The company has maintained dividend payments for 56 consecutive years, with a current yield of 4%. For deeper insights into SJM’s valuation and executive ownership patterns, investors can access the comprehensive Pro Research Report, available for this and 1,400+ other US equities.
In other recent news, J.M. Smucker reported impressive fourth-quarter earnings, with earnings per share reaching $2.77, a 20% increase from the previous year. This performance exceeded expectations from several analysts, with UBS noting a stronger top-line growth and improved operating margin. The company also released its initial fiscal 2027 outlook, which surpassed bottom-line expectations. Bernstein highlighted J.M. Smucker’s organic sales growth of 6%, attributing the results to better elasticity compared to other packaged food companies, with a 10% increase in prices and a 4% decrease in volumes.
Following these results, several firms adjusted their price targets for J.M. Smucker. UBS raised its price target to $130 while maintaining a Buy rating, and Bernstein increased its target to $137, citing strong results. TD Cowen and Stifel both increased their price targets to $115, though they maintained a Hold rating on the stock. TD Cowen also revised its earnings per share estimates for fiscal years 2027 and 2028 to $10.05 and $10.56, respectively. These developments reflect the positive reception of J.M. Smucker’s recent performance and outlook by various analyst firms.
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