Research Analysts’ Weekly Ratings Changes for Scotts Miracle-Gro (SMG)

Several brokerages have updated their recommendations and price targets on shares of Scotts Miracle-Gro (NYSE: SMG) in the last few weeks:

• 8/3/2026 – Scotts Miracle-Gro had its price target raised by Stifel Nicolaus from $75.00 to $76.00. They now have a “buy” rating on the stock.
• 8/1/2026 – Scotts Miracle-Gro was downgraded by Wall Street Zen from “buy” to “hold”.
• 7/31/2026 – Scotts Miracle-Gro had its “hold (c)” rating reaffirmed by Weiss Ratings.
• 7/30/2026 – Scotts Miracle-Gro had its price target raised by UBS Group AG from $70.00 to $78.00. They now have a “neutral” rating on the stock.
• 7/30/2026 – Scotts Miracle-Gro had its price target raised by Wells Fargo & Company from $74.00 to $77.00. They now have an “overweight” rating on the stock.
• 7/16/2026 – Scotts Miracle-Gro had its price target raised by UBS Group AG from $63.00 to $70.00. They now have a “neutral” rating on the stock.
• 7/8/2026 – Scotts Miracle-Gro had its price target raised by Wells Fargo & Company from $72.00 to $74.00. They now have an “overweight” rating on the stock.
• 7/4/2026 – Scotts Miracle-Gro was upgraded by Wall Street Zen from “hold” to “buy”.
• 6/23/2026 – Scotts Miracle-Gro had its “neutral” rating reaffirmed by UBS Group AG.

Scotts Miracle-Gro Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Friday, August 21st will be issued a dividend of $0.66 per share. This represents a $2.64 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend is Friday, August 21st. Scotts Miracle-Gro’s payout ratio is 229.57%.

Insider Activity

In other news, Director Stephen L. Johnson sold 1,171 shares of the business’s stock in a transaction that occurred on Thursday, July 30th. The stock was sold at an average price of $68.32, for a total transaction of $80,002.72. Following the completion of the transaction, the director directly owned 30,179 shares in the company, valued at approximately $2,061,829.28. The trade was a 3.74% 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, Director Hagedorn Partnership, L.P. sold 30,000 shares of the business’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $67.45, for a total value of $2,023,500.00. Following the transaction, the director owned 13,137,641 shares of the company’s stock, valued at approximately $886,133,885.45. This represents a 0.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 32,002 shares of company stock valued at $2,154,734. Insiders own 24.40% of the company’s stock.

Scotts Miracle-Gro Company is a leading developer, manufacturer and distributor of consumer lawn and garden products. The firm serves both retail and professional customers through an array of branded offerings that include lawn fertilizers, grass seed, pest and disease control solutions, plant foods and specialty products for indoor and outdoor gardening. Its portfolio spans well-known names such as Scotts®, Miracle-Gro®, Ortho® and various hydroponic and specialty garden brands.

Headquartered in Marysville, Ohio, the company traces its roots to O.M.