Mitsubishi UFJ Trust & Banking Corp Sells 17,466 Shares of The Scotts Miracle-Gro Company $SMG

Mitsubishi UFJ Trust & Banking Corp trimmed its position in The Scotts Miracle-Gro Company (NYSE:SMG) by 26.0% in the third quarter, Holdings Channel.com reports. The institutional investor owned 49,755 shares of the basic materials company’s stock after selling 17,466 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in Scotts Miracle-Gro were worth $2,834,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of SMG. Campbell & CO Investment Adviser LLC acquired a new position in shares of Scotts Miracle-Gro during the third quarter valued at about $1,425,000. Thrivent Financial for Lutherans raised its holdings in Scotts Miracle-Gro by 215.2% in the 2nd quarter. Thrivent Financial for Lutherans now owns 31,853 shares of the basic materials company’s stock valued at $2,101,000 after acquiring an additional 21,747 shares in the last quarter. Brandes Investment Partners LP lifted its position in shares of Scotts Miracle-Gro by 333.3% in the 2nd quarter. Brandes Investment Partners LP now owns 603,941 shares of the basic materials company’s stock worth $39,836,000 after acquiring an additional 464,570 shares during the period. AGF Management Ltd. grew its holdings in shares of Scotts Miracle-Gro by 12.6% during the 2nd quarter. AGF Management Ltd. now owns 50,600 shares of the basic materials company’s stock worth $3,338,000 after purchasing an additional 5,649 shares in the last quarter. Finally, Corient Private Wealth LLC grew its holdings in shares of Scotts Miracle-Gro by 315.9% during the 2nd quarter. Corient Private Wealth LLC now owns 92,168 shares of the basic materials company’s stock worth $6,079,000 after purchasing an additional 70,008 shares in the last quarter. 74.07% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Scotts Miracle-Gro

Here are the key news stories impacting Scotts Miracle-Gro this week:

• Positive Sentiment: Company announced a $500M share repurchase program, set targets to grow sales and EBITDA by $1B each through 2030 and will divest Hawthorne as it exits cannabis — a clearer strategic pivot and capital-return plan that supports long-term cash returns and margin improvement. Scotts Miracle-Gro outlines $1B targets & $500M buyback
• Positive Sentiment: Q1 results beat adjusted EPS and revenue estimates (adjusted loss narrower than expected; sales modestly above forecasts), and management reaffirmed fiscal 2026 outlook — supports near-term operational stability. Q1 beat and outlook reaffirmed
• Positive Sentiment: Wells Fargo raised its price target to $70 and moved to an Overweight rating — a bullish analyst signal that implies upside to consensus. Wells Fargo raises PT to $70
• Neutral Sentiment: UBS nudged its target to $66 but kept a Neutral rating, highlighting continued pressure in consumer staples — suggests cautious tone despite modest valuation support. UBS revises outlook, keeps Neutral
• Neutral Sentiment: Company expanded equity incentive plans after shareholder approval — helps retain management/employee alignment but dilutive potential should be monitored. Equity incentive expansion
• Negative Sentiment: Q1 showed a wider GAAP loss (cannabis-related exit charges) and revenue was down year‑over‑year ~3.3% — near-term profitability and headline EPS volatility remain risks as the company completes the Hawthorne divestiture. Wider Q1 loss amid cannabis exit
• Negative Sentiment: FY‑2026 EPS guidance was reiterated at $4.15–$4.35, slightly below consensus (~$4.28) — this modest shortfall tempers upside despite buybacks and long-term targets. Guidance and earnings call highlights

Scotts Miracle-Gro Stock Down 2.0%

NYSE:SMG opened at $64.09 on Friday. The firm has a market cap of $3.72 billion, a PE ratio of 43.60 and a beta of 1.95. The Scotts Miracle-Gro Company has a 12 month low of $45.61 and a 12 month high of $71.78. The company’s 50-day moving average price is $59.11 and its two-hundred day moving average price is $59.39.

Scotts Miracle-Gro (NYSE:SMG) last posted its earnings results on Wednesday, January 28th. The basic materials company reported ($0.77) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($1.04) by $0.27. The company had revenue of $354.40 million during the quarter, compared to analysts’ expectations of $353.25 million. Scotts Miracle-Gro had a net margin of 2.68% and a negative return on equity of 68.59%. Scotts Miracle-Gro’s quarterly revenue was down 3.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.89) earnings per share. Scotts Miracle-Gro has set its FY 2026 guidance at 4.150-4.35 EPS. On average, research analysts expect that The Scotts Miracle-Gro Company will post 3.42 EPS for the current fiscal year.

Scotts Miracle-Gro Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 6th. Stockholders of record on Friday, February 20th will be issued a dividend of $0.66 per share. This represents a $2.64 annualized dividend and a dividend yield of 4.1%. The ex-dividend date is Friday, February 20th. Scotts Miracle-Gro’s dividend payout ratio is presently 179.59%.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Scotts Miracle-Gro in a research report on Wednesday, January 21st. Wells Fargo & Company raised their price objective on shares of Scotts Miracle-Gro from $67.00 to $70.00 and gave the stock an “overweight” rating in a report on Thursday. Jefferies Financial Group upped their target price on shares of Scotts Miracle-Gro from $71.00 to $74.00 and gave the company a “buy” rating in a research note on Wednesday, November 5th. Wall Street Zen lowered shares of Scotts Miracle-Gro from a “buy” rating to a “hold” rating in a research report on Saturday, October 25th. Finally, Stifel Nicolaus set a $70.00 price objective on Scotts Miracle-Gro and gave the company a “buy” rating in a report on Thursday, November 6th. Five investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, Scotts Miracle-Gro currently has a consensus rating of “Moderate Buy” and a consensus target price of $71.00.

Scotts Miracle-Gro Profile

Scotts Miracle-Gro Company is a leading developer, manufacturer and distributor of consumer lawn and garden products. The firm serves both retail and professional customers through an array of branded offerings that include lawn fertilizers, grass seed, pest and disease control solutions, plant foods and specialty products for indoor and outdoor gardening. Its portfolio spans well-known names such as Scotts®, Miracle-Gro®, Ortho® and various hydroponic and specialty garden brands.

Headquartered in Marysville, Ohio, the company traces its roots to O.M.