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J. M. Smucker's stock sees mixed investor response despite beating earnings estimates.
J. M. Smucker Company's shares experienced a decline in holdings by some investors but saw an increase by others, including Invesco Ltd.
The company reported an EPS of $2.31, exceeding analyst estimates by $0.06, but its revenue of $2.14 billion fell slightly short of expectations.
Institutional investors own 81.66% of the company's stock.
J. M. Smucker operates in three segments, offering products like coffee, peanut butter, and pet food.
Despite recent stock movements, analysts have maintained a "Hold" rating with a target price of $115.80.
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Las acciones de J.M. Smucker reciben una respuesta mixta de los inversores a pesar de superar las estimaciones de ganancias.