McCormick & Company, Incorporated (NYSE:MKC) Sets New 12-Month Low Following Weak Earnings

McCormick & Company, Incorporated (NYSE:MKC) hit a new 52-week low during trading on Thursday following a weaker than expected earnings announcement. The company traded as low as $62.26 and last traded at $63.42, with a volume of 123664 shares trading hands. The stock had previously closed at $66.56.

The company reported $0.86 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.87 by ($0.01). The business 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 company’s quarterly revenue was up 2.9% compared to the same quarter last year. During the same quarter last year, the firm posted $0.80 EPS. McCormick & Company, Incorporated has set its FY 2026 guidance at 3.050-3.130 EPS.

McCormick & Company, Incorporated Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, January 12th. Shareholders of record on Monday, December 29th were paid a dividend of $0.48 per share. This is an increase 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 dividend on an annualized basis and a dividend yield of 3.2%. McCormick & Company, Incorporated’s dividend payout ratio (DPR) is 65.53%.

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

Wall Street Analysts Forecast Growth

MKC has been the subject of several recent research reports. Sanford C. Bernstein reiterated an “outperform” rating and set a $87.00 price objective on shares of McCormick & Company, Incorporated in a report on Thursday, December 11th. Deutsche Bank Aktiengesellschaft raised McCormick & Company, Incorporated from a “hold” rating to a “buy” rating and set a $75.00 price target for the company in a research note on Monday, December 15th. Barclays reduced their price target on 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. Wall Street Zen upgraded McCormick & Company, Incorporated from a “sell” rating to a “hold” rating in a report on Saturday, October 11th. Finally, UBS Group reduced their target price on shares of McCormick & Company, Incorporated from $70.00 to $67.00 and set a “neutral” rating for the company in a research note on Friday. Four research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $75.50.

Insider Activity at McCormick & Company, Incorporated

In related news, major shareholder Lawrence Erik Kurzius sold 50,000 shares of the stock in a transaction that occurred on 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 completion of the sale, the insider owned 246,762 shares in the company, valued at $16,639,161.66. This represents a 16.85% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Brendan M. Foley sold 57,144 shares of the firm’s stock in a transaction that occurred on 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 completion of the sale, 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 position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 146,158 shares of company stock valued at $9,635,824. 23.80% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On McCormick & Company, Incorporated

Institutional investors and hedge funds have recently bought and sold shares of the stock. Tyche Wealth Partners LLC bought a new stake in McCormick & Company, Incorporated in the 4th quarter valued at $367,000. Natural Investments LLC acquired a new position in shares of McCormick & Company, Incorporated during the fourth quarter valued at about $1,895,000. BSW Wealth Partners bought a new stake in shares of McCormick & Company, Incorporated in the fourth quarter valued at about $233,000. Patton Fund Management Inc. bought a new stake in shares of McCormick & Company, Incorporated in the fourth quarter valued at about $234,000. Finally, Assetmark Inc. grew its position in McCormick & Company, Incorporated by 150.1% during the fourth quarter. Assetmark Inc. now owns 3,937 shares of the company’s stock worth $268,000 after buying an additional 2,363 shares in the last quarter. Institutional investors own 79.74% of the company’s stock.

McCormick & Company, Incorporated Stock Down 0.7%

The company has a debt-to-equity ratio of 0.54, a current ratio of 0.70 and a quick ratio of 0.29. The stock has a market capitalization of $16.31 billion, a P/E ratio of 20.74, a price-to-earnings-growth ratio of 3.82 and a beta of 0.62. The firm has a 50 day moving average of $66.73 and a 200-day moving average of $67.83.

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.