Robinson Value Management Ltd. Invests $851,000 in McCormick & Company, Incorporated $MKC

Robinson Value Management Ltd. purchased a new stake in McCormick & Company, Incorporated (NYSE:MKC) in the 4th quarter, Holdings Channel reports. The firm purchased 12,500 shares of the company’s stock, valued at approximately $851,000.

Other large investors have also made changes to their positions in the company. Elevation Point Wealth Partners LLC bought a new position in McCormick & Company, Incorporated during the second quarter worth about $27,000. Heartwood Wealth Advisors LLC bought a new stake in shares of McCormick & Company, Incorporated in the third quarter worth about $28,000. GoalVest Advisory LLC acquired a new stake in shares of McCormick & Company, Incorporated during the fourth quarter worth about $28,000. SouthState Bank Corp lifted its holdings in shares of McCormick & Company, Incorporated by 1,777.8% during the 3rd quarter. SouthState Bank Corp now owns 507 shares of the company’s stock valued at $34,000 after purchasing an additional 480 shares in the last quarter. Finally, Steigerwald Gordon & Koch Inc. acquired a new position in shares of McCormick & Company, Incorporated in the 3rd quarter valued at approximately $37,000. Institutional investors own 79.74% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on MKC shares. Barclays lowered their target price on McCormick & Company, Incorporated from $72.00 to $67.00 and set an “equal weight” rating for the company in a research note on Monday, January 26th. UBS Group lowered their price objective on shares of McCormick & Company, Incorporated from $67.00 to $59.00 and set a “neutral” rating for the company in a research report on Friday, March 20th. JPMorgan Chase & Co. cut their price objective on shares of McCormick & Company, Incorporated from $78.00 to $67.00 and set an “overweight” rating on the stock in a research report on Wednesday. Deutsche Bank Aktiengesellschaft raised shares of McCormick & Company, Incorporated from a “hold” rating to a “buy” rating and set a $75.00 target price for the company in a research note on Monday, December 15th. Finally, Sanford C. Bernstein reiterated an “outperform” rating and set a $87.00 target price on shares of McCormick & Company, Incorporated in a report on Thursday, December 11th. Five research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $72.20.

Insider Buying and Selling at McCormick & Company, Incorporated

In other McCormick & Company, Incorporated news, Director Michael D. Mangan sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $67.92, for a total value of $339,600.00. Following the sale, the director owned 43,029 shares in the company, valued at $2,922,529.68. This represents a 10.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Jacques Tapiero sold 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 5th. The shares were sold at an average price of $67.09, for a total value of $335,450.00. Following the completion of the sale, the director directly owned 31,596 shares of the company’s stock, valued at approximately $2,119,775.64. The trade was a 13.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 115,000 shares of company stock worth $7,947,300 over the last 90 days. Company insiders own 10.60% of the company’s stock.

McCormick & Company, Incorporated Stock Performance

NYSE MKC opened at $52.73 on Thursday. The firm has a market capitalization of $14.15 billion, a P/E ratio of 18.00, a price-to-earnings-growth ratio of 3.05 and a beta of 0.59. The company has a current ratio of 0.70, a quick ratio of 0.28 and a debt-to-equity ratio of 0.54. The firm’s fifty day moving average price is $64.25 and its two-hundred day moving average price is $65.78. McCormick & Company, Incorporated has a 1 year low of $51.29 and a 1 year high of $83.15.

McCormick & Company, Incorporated (NYSE:MKC) last released its quarterly earnings data on Thursday, January 22nd. The company reported $0.86 earnings per share for the quarter, missing the consensus estimate of $0.87 by ($0.01). McCormick & Company, Incorporated had a return on equity of 14.27% and a net margin of 11.54%.The firm had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.84 billion. During the same quarter in the prior year, the firm earned $0.80 earnings per share. The firm’s revenue for the quarter was up 2.9% on a year-over-year basis. McCormick & Company, Incorporated has set its FY 2026 guidance at 3.050-3.130 EPS. As a group, research analysts anticipate that McCormick & Company, Incorporated will post 3.07 EPS for the current year.

About McCormick & Company, Incorporated

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.