JPMorgan Chase & Co. Has Lowered Expectations for McCormick & Company, Incorporated (NYSE:MKC) Stock Price

McCormick & Company, Incorporated (NYSE:MKC) had its price target lowered by equities research analysts at JPMorgan Chase & Co. from $79.00 to $72.00 in a research report issued to clients and investors on Friday,MarketScreener reports. The brokerage currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price objective suggests a potential upside of 18.49% from the stock’s previous close.

Several other equities analysts have also recently issued reports on the company. Deutsche Bank Aktiengesellschaft upgraded McCormick & Company, Incorporated from a “hold” rating to a “buy” rating and set a $75.00 price objective on the stock in a research note on Monday, December 15th. Barclays lowered 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 research report on Wednesday, October 8th. Stifel Nicolaus decreased their target price on McCormick & Company, Incorporated from $71.00 to $65.00 and set a “hold” rating for the company in a research note on Friday. Jefferies Financial Group increased their price target on McCormick & Company, Incorporated from $78.00 to $79.00 and gave the stock a “buy” rating in a research report on Tuesday, January 13th. Finally, UBS Group lowered their price objective on McCormick & Company, Incorporated from $70.00 to $67.00 and set a “neutral” rating for the company in a research note on Friday. Five investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $73.80.

McCormick & Company, Incorporated Stock Down 0.7%

MKC stock traded down $0.44 during mid-day trading on Friday, hitting $60.76. 6,499,997 shares of the company were exchanged, compared to its average volume of 3,665,177. The firm has a fifty day simple moving average of $66.73 and a 200 day simple moving average of $67.83. The company has a market capitalization of $16.31 billion, a PE ratio of 20.74, a price-to-earnings-growth ratio of 3.82 and a beta of 0.62. McCormick & Company, Incorporated has a twelve month low of $59.62 and a twelve month high of $86.24. 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 (NYSE:MKC) last posted its quarterly earnings results on Thursday, January 22nd. The company reported $0.86 EPS for the quarter, missing analysts’ consensus estimates of $0.87 by ($0.01). The firm had revenue of $1.85 billion during the quarter, compared to analyst estimates of $1.84 billion. McCormick & Company, Incorporated had a return on equity of 14.27% and a net margin of 11.54%.The firm’s revenue for the quarter was up 2.9% on a year-over-year basis. During the same quarter last year, the business posted $0.80 earnings per share. McCormick & Company, Incorporated has set its FY 2026 guidance at 3.050-3.130 EPS. On average, research analysts forecast that McCormick & Company, Incorporated will post 3.07 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other McCormick & Company, Incorporated news, CEO Brendan M. Foley sold 57,144 shares of the business’s stock in a transaction dated Wednesday, November 12th. The shares were 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Lawrence Erik Kurzius sold 50,000 shares of the company’s stock in a transaction dated Tuesday, January 13th. The shares were sold at an average price of $67.43, for a total transaction of $3,371,500.00. Following the completion of the sale, 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 146,158 shares of company stock valued at $9,635,824. 23.80% of the stock is currently owned by corporate insiders.

Institutional Trading of McCormick & Company, Incorporated

A number of large investors have recently added to or reduced their stakes in MKC. Generali Asset Management SPA SGR raised its holdings in McCormick & Company, Incorporated by 7,290.3% during the 3rd quarter. Generali Asset Management SPA SGR now owns 19,067 shares of the company’s stock worth $1,276,000 after buying an additional 18,809 shares during the period. Dupont Capital Management Corp acquired a new position in McCormick & Company, Incorporated in the 2nd quarter worth approximately $4,321,000. PGGM Investments grew its position in McCormick & Company, Incorporated by 141.9% during the 3rd quarter. PGGM Investments now owns 677,573 shares of the company’s stock worth $45,336,000 after purchasing an additional 397,508 shares in the last quarter. Benjamin Edwards Inc. raised its stake in McCormick & Company, Incorporated by 15.6% during the 3rd quarter. Benjamin Edwards Inc. now owns 688,032 shares of the company’s stock valued at $46,036,000 after purchasing an additional 92,799 shares during the period. Finally, Prudential Financial Inc. lifted its holdings in shares of McCormick & Company, Incorporated by 8.0% in the second quarter. Prudential Financial Inc. now owns 147,201 shares of the company’s stock valued at $11,161,000 after purchasing an additional 10,842 shares in the last quarter. 79.74% of the stock is currently owned by institutional investors.

Key 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

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.