Advisors Capital Management LLC has increased its stake in The J. M. Smucker Company (NYSE:SJM) by 4.7%, acquiring an additional 12,699 shares for a total of 283,090 shares valued at approximately $30.74 million. The company reported Q3 EPS of $2.10, slightly missing consensus, with revenue of $2.33 billion, and announced a quarterly dividend of $1.10. Institutional investors currently own about 81.7% of the stock, which has a consensus analyst rating of “Hold” and a target price of $114.93.
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Advisors Capital Management LLC Acquires 12,699 Shares of The J. M. Smucker Company $SJM
Advisors Capital Management LLC has increased its stake in The J. M. Smucker Company (NYSE:SJM) by 4.7%, acquiring an additional 12,699 shares for a total of 283,090 shares valued at approximately $30.74 million. The company reported Q3 EPS of $2.10, slightly missing consensus, with revenue of $2.33 billion, and announced a quarterly dividend of $1.10. Institutional investors currently own about 81.7% of the stock, which has a consensus analyst rating of “Hold” and a target price of $114.93.