J.M. Smucker Files Prospectus For Offering Mixed Shelf; Terms Undisclosed
SEC.
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Evercore ISI Group analyst David Palmer maintains JM Smucker (NYSE:SJM) with a Outperform and raises the price target from $125 to $150.
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J.M. Smucker CEO Mark T. Smucker sold 84,821 shares for $11.1 million on August 31, 2026, through a routine exercise-and-sell transaction of stock options. The CEO exercised options at $108.90 per share and immediately sold at $131.39, retaining 224,422 total shares worth $29.4 million. The analyst views this as a standard executive transaction with no negative implications, noting the stock has rebounded to $130 after declining to $95 earlier in the year.
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TD Cowen analyst Robert Moskow maintains JM Smucker (NYSE:SJM) with a Hold and raises the price target from $123 to $136.