UBS Group Cuts McCormick & Company, Incorporated (NYSE:MKC) Price Target to $67.00

McCormick & Company, Incorporated (NYSE:MKC) had its price target reduced by UBS Group from $70.00 to $67.00 in a research note released on Friday,Benzinga reports. They currently have a neutral rating on the stock.

MKC has been the topic of a number of other reports. JPMorgan Chase & Co. decreased their target price on McCormick & Company, Incorporated from $83.00 to $82.00 and set an “overweight” rating on the stock in a research note on Thursday, September 25th. Sanford C. Bernstein reissued an “outperform” rating and set a $87.00 price objective on shares of McCormick & Company, Incorporated in a report on Thursday, December 11th. Jefferies Financial Group upped their price objective on shares of McCormick & Company, Incorporated from $78.00 to $79.00 and gave the stock a “buy” rating in a research report on Tuesday, January 13th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of McCormick & Company, Incorporated in a research note on Tuesday, October 14th. Finally, Barclays cut their price target on shares of McCormick & Company, Incorporated from $82.00 to $72.00 and set an “equal weight” rating for the company in a research note on Wednesday, October 8th. Five equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $73.80.

McCormick & Company, Incorporated Stock Down 0.7%

MKC stock opened at $60.76 on Friday. McCormick & Company, Incorporated has a twelve month low of $59.62 and a twelve month high of $86.24. The firm has a market capitalization of $16.31 billion, a PE ratio of 20.74, a PEG ratio of 3.78 and a beta of 0.62. The company has a quick ratio of 0.28, a current ratio of 0.70 and a debt-to-equity ratio of 0.54. The stock has a 50-day simple moving average of $66.73 and a two-hundred day simple moving average of $67.76.

McCormick & Company, Incorporated (NYSE:MKC) last posted its earnings results 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). The firm had revenue of $1.85 billion for the quarter, compared to the consensus estimate of $1.84 billion. McCormick & Company, Incorporated had a return on equity of 14.27% and a net margin of 11.54%.The business’s revenue was up 2.9% on a year-over-year basis. During the same period last year, the company posted $0.80 EPS. McCormick & Company, Incorporated has set its FY 2026 guidance at 3.050-3.130 EPS. On average, equities analysts predict that McCormick & Company, Incorporated will post 3.07 EPS for the current fiscal year.

McCormick & Company, Incorporated Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, January 12th. Investors of record on Monday, December 29th were issued a dividend of $0.48 per share. 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%. This is an increase from McCormick & Company, Incorporated’s previous quarterly dividend of $0.45. McCormick & Company, Incorporated’s payout ratio is 65.53%.

Insider Buying and Selling at McCormick & Company, Incorporated

In other McCormick & Company, Incorporated news, CEO Brendan M. Foley sold 57,144 shares of the company’s 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 sale, the chief executive officer directly owned 108,652 shares in the company, valued at $7,123,225.12. This represents a 34.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, major shareholder Lawrence Erik Kurzius sold 50,000 shares of the firm’s 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 transaction, the insider directly owned 246,762 shares in the company, valued at $16,639,161.66. This trade represents a 16.85% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 146,158 shares of company stock valued at $9,635,824 over the last three months. 23.80% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Bank of Jackson Hole Trust purchased a new stake in McCormick & Company, Incorporated during the 2nd quarter valued at $25,000. Elevation Point Wealth Partners LLC bought a new position in shares of McCormick & Company, Incorporated during the second quarter valued at about $27,000. Anfield Capital Management LLC boosted its holdings in shares of McCormick & Company, Incorporated by 161.3% during the second quarter. Anfield Capital Management LLC now owns 392 shares of the company’s stock worth $30,000 after purchasing an additional 242 shares during the period. Curio Wealth LLC grew its stake in shares of McCormick & Company, Incorporated by 39,900.0% in the second quarter. Curio Wealth LLC now owns 400 shares of the company’s stock worth $30,000 after purchasing an additional 399 shares during the last quarter. Finally, MTM Investment Management LLC bought a new stake in shares of McCormick & Company, Incorporated in the second quarter worth about $30,000. Institutional investors own 79.74% of the company’s stock.

McCormick & Company, Incorporated News Roundup

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.