McCormick & Company, Incorporated (NYSE:MKC) Releases FY 2026 Earnings Guidance

McCormick & Company, Incorporated (NYSE:MKC) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 3.050-3.130 for the period, compared to the consensus earnings per share estimate of 3.210. The company issued revenue guidance of $7.7 billion-$8.0 billion, compared to the consensus revenue estimate of $7.8 billion.

McCormick & Company, Incorporated Stock Performance

MKC opened at $60.76 on Friday. The company has a current ratio of 0.70, a quick ratio of 0.29 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 has a 50 day moving average of $66.73 and a two-hundred day moving average of $67.83. The firm has a market capitalization of $16.31 billion, a PE ratio of 20.74, a P/E/G ratio of 3.82 and a beta of 0.62.

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 analysts’ consensus estimates 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 business had revenue of $1.85 billion during the quarter, compared to analyst estimates of $1.84 billion. During the same quarter in the previous year, the company earned $0.80 EPS. The firm’s revenue 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. On average, analysts anticipate that McCormick & Company, Incorporated will post 3.07 EPS for the current year.

McCormick & Company, Incorporated Increases Dividend

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

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. Weiss Ratings reiterated a “hold (c-)” rating on shares of McCormick & Company, Incorporated in a research report on Tuesday, October 14th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $87.00 target price on shares of McCormick & Company, Incorporated in a report on Thursday, December 11th. Stifel Nicolaus decreased their target price on shares of McCormick & Company, Incorporated from $71.00 to $65.00 and set a “hold” rating for the company in a research note on Friday. UBS Group lowered their price target on shares of McCormick & Company, Incorporated from $70.00 to $67.00 and set a “neutral” rating on the stock in a report on Friday. Finally, Barclays cut their price objective on shares of McCormick & Company, Incorporated from $82.00 to $72.00 and set an “equal weight” rating for the company in a report on Wednesday, October 8th. Four investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, McCormick & Company, Incorporated presently has an average rating of “Hold” and a consensus price target of $75.50.

Insider Transactions at McCormick & Company, Incorporated

In related news, CEO Brendan M. Foley sold 57,144 shares of McCormick & Company, Incorporated stock in a transaction dated 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 sale, the chief executive officer directly owned 108,652 shares in the company, valued at approximately $7,123,225.12. The trade was a 34.47% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, major shareholder Lawrence Erik Kurzius sold 50,000 shares of the stock in a transaction that occurred on 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 transaction, the insider directly owned 246,762 shares of the company’s stock, valued at $16,639,161.66. The trade was a 16.85% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 146,158 shares of company stock worth $9,635,824 over the last ninety days. 23.80% of the stock is currently owned by corporate insiders.

Key Stories Impacting McCormick & Company, Incorporated

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

Institutional Investors Weigh In On McCormick & Company, Incorporated

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Rafferty Asset Management LLC boosted its position in McCormick & Company, Incorporated by 23.0% during the second quarter. Rafferty Asset Management LLC now owns 21,406 shares of the company’s stock worth $1,623,000 after acquiring an additional 3,996 shares during the last quarter. Empowered Funds LLC lifted its stake in McCormick & Company, Incorporated by 19.0% in the 1st quarter. Empowered Funds LLC now owns 5,903 shares of the company’s stock worth $486,000 after purchasing an additional 941 shares in the last quarter. Nebula Research & Development LLC acquired a new position in shares of McCormick & Company, Incorporated during the 2nd quarter worth approximately $493,000. Banco Bilbao Vizcaya Argentaria S.A. grew its position in shares of McCormick & Company, Incorporated by 37.9% in the third quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 7,411 shares of the company’s stock valued at $496,000 after purchasing an additional 2,036 shares in the last quarter. Finally, EP Wealth Advisors LLC increased its holdings in shares of McCormick & Company, Incorporated by 20.9% in the second quarter. EP Wealth Advisors LLC now owns 7,302 shares of the company’s stock valued at $554,000 after purchasing an additional 1,263 shares during the last quarter. Institutional investors and hedge funds own 79.74% of the company’s stock.

McCormick & Company, Incorporated Company Profile

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.