McCormick & Company, Incorporated $MKC Shares Sold by Groupama Asset Managment

Groupama Asset Managment lowered its stake in McCormick & Company, Incorporated (NYSE:MKC) by 70.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,750 shares of the company’s stock after selling 16,092 shares during the period. Groupama Asset Managment’s holdings in McCormick & Company, Incorporated were worth $452,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in MKC. CIBC Private Wealth Group LLC grew its holdings in shares of McCormick & Company, Incorporated by 6.2% during the third quarter. CIBC Private Wealth Group LLC now owns 9,393 shares of the company’s stock valued at $629,000 after buying an additional 547 shares during the last quarter. CIBC Bancorp USA Inc. acquired a new position in shares of McCormick & Company, Incorporated in the 3rd quarter valued at $6,255,000. First Affirmative Financial Network raised its stake in McCormick & Company, Incorporated by 3.0% in the 3rd quarter. First Affirmative Financial Network now owns 6,252 shares of the company’s stock worth $418,000 after acquiring an additional 181 shares during the last quarter. Danske Bank A S purchased a new position in McCormick & Company, Incorporated in the 3rd quarter worth $11,219,000. Finally, Palisade Asset Management LLC lifted its position in McCormick & Company, Incorporated by 2.4% during the 3rd quarter. Palisade Asset Management LLC now owns 38,149 shares of the company’s stock worth $2,553,000 after acquiring an additional 900 shares during the period. 79.74% of the stock is currently owned by institutional investors and hedge funds.

McCormick & Company, Incorporated Price Performance

NYSE:MKC opened at $53.30 on Friday. McCormick & Company, Incorporated has a one year low of $52.63 and a one year high of $83.15. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.28 and a current ratio of 0.70. The firm has a market cap of $14.31 billion, a price-to-earnings ratio of 18.19, a PEG ratio of 3.11 and a beta of 0.59. The firm’s fifty day moving average is $65.14 and its two-hundred day moving average is $66.15.

McCormick & Company, Incorporated (NYSE:MKC) last announced its quarterly earnings results on Thursday, January 22nd. The company reported $0.86 earnings per share for the quarter, missing the consensus estimate of $0.87 by ($0.01). The company had revenue of $1.85 billion for 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 prior year, the business posted $0.80 earnings per share. McCormick & Company, Incorporated has set its FY 2026 guidance at 3.050-3.130 EPS. Research analysts expect that McCormick & Company, Incorporated will post 3.07 EPS for the current year.

Trending Headlines about McCormick & Company, Incorporated

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

• Positive Sentiment: Potential transformational scale and revenue upside — combining Unilever Foods (brands such as Hellmann’s and Knorr) with McCormick would materially expand MKC’s portfolio and global footprint, creating cost and distribution synergies that investors often reward. WSJ: Unilever in Talks to Separate Food Business and Combine It With McCormick
• Positive Sentiment: McCormick’s strong M&A track record supports belief it could integrate and extract value — the company’s past acquisitions (Frank’s, Cholula, French’s) have become meaningful growth drivers, which makes a larger Unilever foods deal strategically credible. Reuters: From Frank’s to Cholula, McCormick’s decade of deals sets stage for bold Unilever move
• Neutral Sentiment: Talks confirmed but deal not agreed — both Unilever and McCormick acknowledged discussions; timing, structure and terms remain uncertain, so near‑term volatility largely reflects speculation rather than a signed transaction. PR Newswire: McCormick Issues Statement Proactive: Unilever confirms talks with McCormick
• Neutral Sentiment: Recent fundamentals: a modest quarterly EPS miss and FY‑26 guidance range create mixed near‑term earnings visibility—investors will watch how management frames any deal impact on margins/guide. (Company Q report: slight EPS miss; FY2026 guidance 3.050–3.130 EPS.)
• Negative Sentiment: Analyst reaction is weighing on the stock — UBS cut its price target from $67 to $59 and moved to a “neutral” rating, which can trigger selling pressure while investors reassess deal economics and dilution/valuation risks. TickerReport / Benzinga: UBS lowers price target on McCormick
• Negative Sentiment: Execution, integration and financing risks — a large combination raises questions about deal structure (all‑stock), regulatory approvals, integration complexity and possible balance‑sheet implications; until clarity emerges, investor caution may persist.

Insider Buying and Selling

In other McCormick & Company, Incorporated news, Director Jacques Tapiero sold 5,000 shares of the business’s stock in a transaction that occurred on Thursday, February 5th. The stock was sold at an average price of $67.09, for a total value of $335,450.00. Following the completion of the transaction, the director directly owned 31,596 shares of the company’s stock, valued at approximately $2,119,775.64. The trade was a 13.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, major shareholder Lawrence Erik Kurzius sold 50,000 shares of the company’s stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $71.63, for a total value of $3,581,500.00. Following the completion of the sale, the insider owned 296,992 shares in the company, valued at approximately $21,273,536.96. This represents a 14.41% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 115,000 shares of company stock valued at $7,947,300 over the last ninety days. Company insiders own 10.60% of the company’s stock.

Wall Street Analysts Forecast Growth

MKC has been the topic of several research analyst reports. JPMorgan Chase & Co. boosted their price target on McCormick & Company, Incorporated from $72.00 to $78.00 and gave the company an “overweight” rating in a research note on Wednesday, February 18th. Barclays decreased their target price on McCormick & Company, Incorporated from $72.00 to $67.00 and set an “equal weight” rating for the company in a report on Monday, January 26th. Stifel Nicolaus dropped their target price on McCormick & Company, Incorporated from $71.00 to $65.00 and set a “hold” rating on the stock in a research report on Friday, January 23rd. TD Cowen cut their price target on shares of McCormick & Company, Incorporated from $82.00 to $75.00 and set a “buy” rating on the stock in a report on Friday, January 23rd. Finally, Sanford C. Bernstein reiterated an “outperform” rating and issued a $87.00 price target on shares of McCormick & Company, Incorporated in a report on Thursday, December 11th. Five research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $73.30.

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.