Stifel Nicolaus Has Lowered Expectations for McCormick & Company, Incorporated (NYSE:MKC) Stock Price

McCormick & Company, Incorporated (NYSE:MKCGet Free Report) had its price objective dropped by research analysts at Stifel Nicolaus from $71.00 to $65.00 in a note issued to investors on Friday,Benzinga reports. The brokerage presently has a “hold” rating on the stock. Stifel Nicolaus’ target price would indicate a potential upside of 8.73% from the company’s current price.

Several other equities research analysts also recently issued reports on MKC. Jefferies Financial Group boosted their price objective on McCormick & Company, Incorporated from $78.00 to $79.00 and gave the company a “buy” rating in a report on Tuesday, January 13th. Sanford C. Bernstein reiterated an “outperform” rating and set a $87.00 target price on shares of McCormick & Company, Incorporated in a research note on Thursday, December 11th. Wall Street Zen upgraded shares of McCormick & Company, Incorporated from a “sell” rating to a “hold” rating in a research note on Saturday, October 11th. Weiss Ratings reissued a “hold (c-)” rating on shares of McCormick & Company, Incorporated in a research report on Tuesday, October 14th. Finally, UBS Group reduced their price target on shares of McCormick & Company, Incorporated from $71.00 to $70.00 and set a “neutral” rating for the company in a research report on Wednesday, October 8th. Four investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, McCormick & Company, Incorporated currently has an average rating of “Hold” and a consensus target price of $75.88.

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McCormick & Company, Incorporated Trading Down 2.3%

Shares of McCormick & Company, Incorporated stock traded down $1.42 during mid-day trading on Friday, hitting $59.78. The stock had a trading volume of 721,486 shares, compared to its average volume of 4,366,071. The firm has a market cap of $16.04 billion, a P/E ratio of 20.70, a price-to-earnings-growth ratio of 4.00 and a beta of 0.62. McCormick & Company, Incorporated has a 12-month low of $59.63 and a 12-month high of $86.24. The company has a quick ratio of 0.29, a current ratio of 0.71 and a debt-to-equity ratio of 0.54. The firm has a 50-day moving average of $66.82 and a two-hundred day moving average of $67.92.

McCormick & Company, Incorporated (NYSE:MKCGet Free Report) last posted its earnings results on Thursday, January 22nd. The company reported $0.86 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.87 by ($0.01). The business had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.84 billion. McCormick & Company, Incorporated had a return on equity of 14.30% and a net margin of 11.46%.McCormick & Company, Incorporated’s revenue was up 2.9% compared to the same quarter last year. During the same period last year, the business earned $0.80 EPS. McCormick & Company, Incorporated has set its FY 2026 guidance at 3.050-3.130 EPS. Sell-side analysts forecast that McCormick & Company, Incorporated will post 3.07 earnings per share for the current year.

Insider Transactions at McCormick & Company, Incorporated

In other McCormick & Company, Incorporated news, major shareholder Lawrence Erik Kurzius sold 50,000 shares of the stock in a transaction dated Tuesday, January 13th. The shares were sold at an average price of $67.43, for a total value of $3,371,500.00. Following the completion of the transaction, the insider directly owned 246,762 shares of the company’s stock, valued at approximately $16,639,161.66. This trade represents a 16.85% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Brendan M. Foley sold 57,144 shares of McCormick & Company, Incorporated stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $65.56, for a total value of $3,746,360.64. Following the transaction, the chief executive officer directly owned 108,652 shares of the company’s stock, valued at approximately $7,123,225.12. This represents a 34.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 146,158 shares of company stock valued at $9,635,824 in the last quarter. Insiders own 23.80% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in MKC. Vanguard Group Inc. boosted its holdings in shares of McCormick & Company, Incorporated by 1.7% during the second quarter. Vanguard Group Inc. now owns 32,427,901 shares of the company’s stock worth $2,458,683,000 after purchasing an additional 553,862 shares during the last quarter. State Street Corp lifted its position in McCormick & Company, Incorporated by 5.1% during the third quarter. State Street Corp now owns 15,522,816 shares of the company’s stock worth $1,038,632,000 after buying an additional 747,844 shares during the period. Geode Capital Management LLC lifted its position in McCormick & Company, Incorporated by 2.1% during the second quarter. Geode Capital Management LLC now owns 6,375,983 shares of the company’s stock worth $481,354,000 after buying an additional 133,800 shares during the period. Invesco Ltd. boosted its stake in McCormick & Company, Incorporated by 66.7% in the 3rd quarter. Invesco Ltd. now owns 6,232,337 shares of the company’s stock worth $417,006,000 after buying an additional 2,494,544 shares during the last quarter. Finally, Norges Bank purchased a new stake in McCormick & Company, Incorporated in the 2nd quarter valued at about $249,087,000. Institutional investors and hedge funds own 79.74% of the company’s stock.

Key McCormick & Company, Incorporated News

Here are the key news stories impacting McCormick & Company, Incorporated this week:

  • Positive Sentiment: Board additions bolster governance: McCormick appointed Gavin Hattersley (ex‑Molson Coors CEO) and Rick Dierker (CEO of Church & Dwight) to its board, which investors may view as a strengthening of oversight and industry experience. McCormick Appoints Gavin Hattersley and Rick Dierker to Board of Directors
  • Neutral Sentiment: Modest organic growth target for 2026: Management outlined a 1%–3% organic sales growth target driven in part by the Mexico acquisition and operational recovery—positive for long‑term scale but modest near term. McCormick outlines 1%–3% organic sales growth target for 2026
  • Neutral Sentiment: Full earnings call and transcripts available for detail: The Q4 call and slide deck provide management commentary on cost recovery and integration plans; useful for investors parsing margin drivers and buy/sell‑through dynamics. Q4 2025 Earnings Call Transcript
  • Negative Sentiment: EPS narrowly missed expectations: McCormick reported $0.86 EPS for Q4 vs. consensus $0.87 (revenue $1.85B vs. ~$1.84B). The small EPS miss, combined with commentary on cost pressure, weighed on sentiment. McCormick Q4 Earnings Summary
  • Negative Sentiment: FY‑2026 guidance below street: McCormick set EPS guidance of $3.05–$3.13 (consensus ≈ $3.21) and revenue guidance of ~$7.7B–$8.0B (vs. consensus ≈ $7.8B). The lower EPS midpoint and conservative tone are the primary drivers of the stock weakness. McCormick Reports Strong 2025 Financial Results And Provides 2026 Outlook
  • Negative Sentiment: Margin headwinds from tariffs and commodity costs: Management warned that tariffs and higher input costs will pressure margins and keep annual profit below some analyst expectations—this macro cost risk is a key near‑term negative. Cholula sauce maker McCormick forecasts weak annual profit on tariffs

McCormick & Company, Incorporated Company Profile

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McCormick & Company, Incorporated (NYSE: MKC) is a global leader in spices, seasonings and flavor solutions. Headquartered in Hunt Valley, Maryland, the company traces its origins to the late 19th century and has grown into a major manufacturer and marketer of branded and private‑label flavor products for consumer, industrial and foodservice markets.

McCormick’s product portfolio includes pure spices and herbs, blended seasonings, marinades, rubs, sauces, extracts and specialty flavorings, along with ingredient systems and custom flavor development for manufacturers and foodservice operators.

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