HSBC Cuts McCormick & Company, Incorporated (NYSE:MKC) Price Target to $69.00

Posted by ABMN Staff on Jan 26th, 2026

McCormick & Company, Incorporated (NYSE:MKC – Free Report) had its price target cut by HSBC from $75.00 to $69.00 in a report issued on Friday,MarketScreener reports. They currently have a hold rating on the stock.

MKC has been the subject of several other reports. Stifel Nicolaus reduced their price target on McCormick & Company, Incorporated from $71.00 to $65.00 and set a “hold” rating for the company in a research report on Friday. Sanford C. Bernstein reiterated an “outperform” rating and set a $87.00 price objective on shares of McCormick & Company, Incorporated in a research note on Thursday, December 11th. Jefferies Financial Group increased their price objective on McCormick & Company, Incorporated from $78.00 to $79.00 and gave the company a “buy” rating in a report on Tuesday, January 13th. JPMorgan Chase & Co. decreased their target price on shares of McCormick & Company, Incorporated from $79.00 to $72.00 and set an “overweight” rating for the company in a research note on Friday. Finally, Barclays dropped their price target on shares of McCormick & Company, Incorporated from $82.00 to $72.00 and set an “equal weight” rating on the stock in a research report on Wednesday, October 8th. Five investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, McCormick & Company, Incorporated presently has a consensus rating of “Hold” and an average price target of $73.80.

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McCormick & Company, Incorporated Trading Down 0.7%

NYSE:MKC opened at $60.76 on Friday. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.70 and a quick ratio of 0.28. The business’s 50-day simple moving average is $66.73 and its 200-day simple moving average is $67.76. McCormick & Company, Incorporated has a fifty-two week low of $59.62 and a fifty-two week high of $86.24. The stock has a market capitalization of $16.31 billion, a PE ratio of 20.74, a price-to-earnings-growth ratio of 3.78 and a beta of 0.62.

McCormick & Company, Incorporated (NYSE:MKC – Get Free Report) last announced 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 company 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%.McCormick & Company, Incorporated’s revenue for the quarter was up 2.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.80 earnings per share. McCormick & Company, Incorporated has set its FY 2026 guidance at 3.050-3.130 EPS. Sell-side analysts expect that McCormick & Company, Incorporated will post 3.07 earnings per share for the current fiscal year.

McCormick & Company, Incorporated Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, January 12th. Shareholders of record on Monday, December 29th were issued a $0.48 dividend. The ex-dividend date of this dividend was Monday, December 29th. This represents a $1.92 annualized dividend and a 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

In other news, major shareholder Lawrence Erik Kurzius sold 50,000 shares of the business’s stock in a transaction 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 transaction, the insider owned 246,762 shares of the company’s stock, valued at approximately $16,639,161.66. The trade was a 16.85% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Brendan M. Foley sold 57,144 shares of the stock in a transaction dated Wednesday, November 12th. The stock was sold at an average price of $65.56, for a total transaction of $3,746,360.64. Following the completion of the transaction, the chief executive officer directly owned 108,652 shares of the company’s stock, valued at $7,123,225.12. This trade represents a 34.47% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 146,158 shares of company stock worth $9,635,824 over the last three months. 23.80% of the stock is currently owned by insiders.

Institutional Investors Weigh In On McCormick & Company, Incorporated

Several institutional investors and hedge funds have recently made changes to their positions in MKC. Tyche Wealth Partners LLC bought a new position in McCormick & Company, Incorporated during the 4th quarter worth approximately $367,000. Natural Investments LLC bought a new stake in shares of McCormick & Company, Incorporated in the 4th quarter valued at $1,895,000. BSW Wealth Partners bought a new stake in shares of McCormick & Company, Incorporated in the 4th quarter valued at $233,000. Patton Fund Management Inc. acquired a new stake in shares of McCormick & Company, Incorporated during the fourth quarter worth $234,000. Finally, Assetmark Inc. increased its position in shares of 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 during the period. Institutional investors and hedge funds own 79.74% of the company’s stock.

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

McCormick & Company, Incorporated Company Profile

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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.