McCormick & Company, Incorporated (NYSE:MKC) Price Target Cut to $72.00 by Analysts at JPMorgan Chase & Co.

McCormick & Company, Incorporated (NYSE:MKC) had its price objective trimmed by JPMorgan Chase & Co. from $79.00 to $72.00 in a research note issued to investors on Friday,MarketScreener reports. The firm currently has an overweight rating on the stock.

Other equities research analysts have also recently issued research reports about the company. UBS Group lowered their target price on McCormick & Company, Incorporated from $70.00 to $67.00 and set a “neutral” rating for the company in a report on Friday. Wall Street Zen raised shares of McCormick & Company, Incorporated from a “sell” rating to a “hold” rating in a research report on Saturday, October 11th. Weiss Ratings reiterated a “hold (c-)” rating on shares of McCormick & Company, Incorporated in a research note on Tuesday, October 14th. Barclays dropped their target price on shares of McCormick & Company, Incorporated from $82.00 to $72.00 and set an “equal weight” rating on the stock in a research report on Wednesday, October 8th. Finally, Deutsche Bank Aktiengesellschaft raised shares of McCormick & Company, Incorporated from a “hold” rating to a “buy” rating and set a $75.00 target price on the stock in a research note on Monday, December 15th. Five equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $73.80.

McCormick & Company, Incorporated Trading Down 0.7%

McCormick & Company, Incorporated stock traded down $0.44 during mid-day trading on Friday, hitting $60.76. 6,499,997 shares of the stock were exchanged, compared to its average volume of 3,665,177. The company has a quick ratio of 0.29, a current ratio of 0.70 and a debt-to-equity ratio of 0.54. McCormick & Company, Incorporated has a 12 month low of $59.62 and a 12 month high of $86.24. The firm’s fifty day simple moving average is $66.73 and its two-hundred day simple moving average is $67.83. The stock has a market capitalization of $16.31 billion, a price-to-earnings ratio of 20.74, a PEG ratio of 3.82 and a beta of 0.62.

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

McCormick & Company, Incorporated Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, January 12th. Shareholders of record on Monday, December 29th were issued a dividend of $0.48 per share. The ex-dividend date was Monday, December 29th. This is a positive change from McCormick & Company, Incorporated’s previous quarterly dividend of $0.45. This represents a $1.92 annualized dividend and a yield of 3.2%. McCormick & Company, Incorporated’s dividend payout ratio is currently 65.53%.

Insiders Place Their Bets

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

Institutional Trading of McCormick & Company, Incorporated

Institutional investors and hedge funds have recently modified their holdings of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in McCormick & Company, Incorporated by 2.7% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 34,678 shares of the company’s stock worth $2,854,000 after acquiring an additional 925 shares during the period. Empowered Funds LLC grew its position in McCormick & Company, Incorporated by 19.0% during the first quarter. Empowered Funds LLC now owns 5,903 shares of the company’s stock valued at $486,000 after buying an additional 941 shares during the period. Woodline Partners LP raised its position in McCormick & Company, Incorporated by 40.9% in the first quarter. Woodline Partners LP now owns 21,334 shares of the company’s stock worth $1,756,000 after acquiring an additional 6,189 shares during the period. Assenagon Asset Management S.A. raised its position in McCormick & Company, Incorporated by 3.1% in the second quarter. Assenagon Asset Management S.A. now owns 12,802 shares of the company’s stock worth $971,000 after acquiring an additional 380 shares during the period. Finally, Ballentine Partners LLC boosted its stake in McCormick & Company, Incorporated by 4.6% in the second quarter. Ballentine Partners LLC now owns 7,203 shares of the company’s stock valued at $546,000 after acquiring an additional 319 shares during the last quarter. 79.74% of the stock is owned by hedge funds and other institutional investors.

More McCormick & Company, Incorporated News

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

• Positive Sentiment: McCormick and the parent company of Dash and Spice Islands said they are raising prices, which should help offset input cost pressure and support margins if volumes hold. Your Favorite Spices May Get a Bit More Expensive Soon. Here’s the Reason Why
• Positive Sentiment: Some investors and analysts see the pullback as a buying opportunity: recent commentary highlights resilient volume growth, market-share gains and long-term demand tailwinds from at-home and health-focused eating. McCormick: ‘Buy’ The Dip Opportunity Is Here (Upgrade)
• Positive Sentiment: Management outlined a 1%–3% organic sales-growth target for 2026 driven in part by the Mexico acquisition and operational recovery, signaling a path to revenue expansion. McCormick outlines 1%-3% organic sales growth target for 2026 driven by Mexico
• Neutral Sentiment: Company released its full Q4 results and a FY?2026 outlook: revenue grew ~2.9% year-over-year and management provided slide deck/transcript materials for investors to parse. McCormick Q4 press release / slide deck
• Neutral Sentiment: Analyst reports and earnings-call transcripts provide mixed reads — some focus on improving organic sales and efficiency initiatives while others emphasize near-term headwinds. Q4 earnings call transcript
• Negative Sentiment: Q4 EPS of $0.86 missed consensus by $0.01 and, more significantly, FY?2026 EPS guidance of $3.05–3.13 came in below the Street forecast (~$3.21), raising near-term earnings concerns. MKC Q4 results and guidance
• Negative Sentiment: McCormick warned tariffs and higher commodity/input costs will pressure margins in 2026, and Reuters flagged the company’s weaker profit forecast as a driver of investor concern. Cholula sauce maker McCormick forecasts weak annual profit on tariffs, higher input costs
• Negative Sentiment: Analysts at UBS and Stifel trimmed price targets (UBS: $70?$67, Stifel: $71?$65), reflecting reduced near-term upside and contributing to selling pressure. Benzinga — analyst target cuts

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.