Vanguard Capital Management Discloses 7.19% Stake in The J.M. Smucker Company

On April 30, 2026, Vanguard Capital Management LLC filed a Schedule 13G with the SEC, disclosing a significant new ownership stake in The J.M. Smucker Company (SJM). As of the event date on March 31, 2026, Vanguard reported beneficial ownership of 7,677,331 shares of common stock, representing a 7.19% ownership interest in the company. The filing indicates that Vanguard Capital Management exercises sole dispositive power over all 7,677,331 shares, while holding sole voting power over 931,288 shares. The shares were acquired in the ordinary course of business and not with the intent of changing or influencing the control of the issuer. This position includes holdings managed by various Vanguard affiliates, including Vanguard Asset Management Limited and Vanguard Global Advisers, LLC. The total value of the position is estimated at approximately $744.47 million based on the provided data. This filing establishes Vanguard as a major institutional shareholder in the food and beverage manufacturer.