J.M. Smucker Reinforces Dividend Strength as Analyst Confidence Remains High
From Yahoo Finance: 2025-06-22 04:52:00
The J.M. Smucker Company (NYSE:SJM) is among the 10 best dividend stocks according to Jim Cramer, with Jefferies reiterating a Buy rating and a price target of $115.Operating in North America, Smucker distributes peanut butter, fruit spreads, and specialty items, with brands like Folgers, Dunkin’, and Jif.On June 11, 2025, Jefferies upgraded SJM’s rating to Buy with a price target adjustment from $118.00 to $115.00, marking a 2.54% decrease. Director Tarang Amin purchased 1,050 shares at an average price of $96.09 each, totaling $100,894.50. Jefferies maintained the Buy rating on June 14, 2025, with no changes to the price target of $115.For dividend investors, SJM offers a 4.44% yield with 28 years of consecutive growth and an 86.06% payout ratio.
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