McCormick & Company, Incorporated (NYSE:MKC) Stock Price Expected to Rise, UBS Group Analyst Says

McCormick & Company, Incorporated (NYSE:MKC) had its price target boosted by UBS Group from $51.00 to $52.00 in a report issued on Friday,MarketScreener reports. The firm currently has a “neutral” rating on the stock. UBS Group’s price objective suggests a potential upside of 2.42% from the company’s current price.

A number of other equities research analysts have also recently weighed in on MKC. Barclays dropped their price objective on McCormick & Company, Incorporated from $67.00 to $58.00 and set an “equal weight” rating for the company in a research note on Tuesday, March 31st. BTIG Research began coverage on McCormick & Company, Incorporated in a research note on Tuesday, April 14th. They issued a “neutral” rating on the stock. Stifel Nicolaus decreased their target price on McCormick & Company, Incorporated from $65.00 to $55.00 and set a “hold” rating for the company in a report on Wednesday, April 1st. Sanford C. Bernstein lowered their target price on McCormick & Company, Incorporated from $77.00 to $68.00 and set an “outperform” rating for the company in a research note on Friday. Finally, Jefferies Financial Group cut their price target on McCormick & Company, Incorporated from $64.00 to $62.00 and set a “buy” rating on the stock in a report on Thursday, June 4th. Six equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $60.50.

McCormick & Company, Incorporated Trading Up 5.0%

Shares of MKC traded up $2.42 during trading on Friday, reaching $50.77. 671,027 shares of the company traded hands, compared to its average volume of 4,313,937. McCormick & Company, Incorporated has a twelve month low of $44.82 and a twelve month high of $78.03. The stock has a market cap of $13.64 billion, a PE ratio of 8.23, a price-to-earnings-growth ratio of 2.35 and a beta of 0.65. The stock has a 50-day simple moving average of $48.43 and a 200-day simple moving average of $58.02. The company has a quick ratio of 0.36, a current ratio of 0.76 and a debt-to-equity ratio of 0.48.

McCormick & Company, Incorporated (NYSE:MKC) last issued its quarterly earnings data on Thursday, June 25th. The company reported $0.80 EPS for the quarter, topping the consensus estimate of $0.69 by $0.11. McCormick & Company, Incorporated had a net margin of 23.12% and a return on equity of 13.29%. The firm had revenue of $1.94 billion for the quarter, compared to analyst estimates of $1.91 billion. During the same period in the prior year, the business posted $0.69 EPS. The business’s revenue for the quarter was up 16.7% 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 3.09 earnings per share for the current year.

Insiders Place Their Bets

In other news, Director Gavin Hattersley acquired 2,000 shares of the business’s stock in a transaction on Friday, April 10th. The stock was bought at an average price of $52.98 per share, for a total transaction of $105,960.00. Following the transaction, the director owned 2,906 shares in the company, valued at $153,959.88. This represents a 220.75% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. 10.60% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised 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 purchasing an additional 925 shares in the last quarter. Empowered Funds LLC increased its position in McCormick & Company, Incorporated by 19.0% during 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 during the period. Woodline Partners LP increased its position in McCormick & Company, Incorporated by 40.9% during the 1st quarter. Woodline Partners LP now owns 21,334 shares of the company’s stock worth $1,756,000 after purchasing an additional 6,189 shares during the period. Arrowstreet Capital Limited Partnership purchased a new position in shares of McCormick & Company, Incorporated during the 2nd quarter worth approximately $6,520,000. Finally, Daiwa Securities Group Inc. raised its stake in shares of McCormick & Company, Incorporated by 6.1% during the 2nd quarter. Daiwa Securities Group Inc. now owns 37,888 shares of the company’s stock worth $2,873,000 after buying an additional 2,176 shares in the last quarter. 79.74% of the stock is currently owned by institutional investors and hedge funds.

McCormick & Company, Incorporated News Roundup

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

• Positive Sentiment: Deutsche Bank raised its price target on MKC to $60 from $59 and reiterated a buy rating, signaling confidence in further upside after the earnings report. Benzinga
• Positive Sentiment: McCormick reported Q2 earnings of $0.80 per share, above estimates, and revenue of $1.94 billion, also ahead of expectations, while reaffirming its 2026 guidance. PR Newswire
• Positive Sentiment: Management highlighted margin strength, with gross margin expansion driven by pricing, mix, acquisitions, and cost savings, which supports profitability even in a tougher cost environment. MSN
• Positive Sentiment: Analysts and market reports noted stronger Flavor Solutions performance and organic sales growth, helping offset softer consumer spice demand and reinforcing the stock’s recent move higher. Zacks

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.