UBS Group Cuts McCormick & Company, Incorporated (NYSE:MKC) Price Target to $59.00

McCormick & Company, Incorporated (NYSE:MKC) had its target price cut by UBS Group from $67.00 to $59.00 in a report issued on Friday morning,Benzinga reports. They currently have a neutral rating on the stock.

Several other equities analysts have also weighed in on the stock. Stifel Nicolaus dropped their price objective on shares of McCormick & Company, Incorporated from $71.00 to $65.00 and set a “hold” rating on the stock in a report on Friday, January 23rd. Barclays reduced their target price on McCormick & Company, Incorporated from $72.00 to $67.00 and set an “equal weight” rating for the company in a research note on Monday, January 26th. TD Cowen decreased their target price on McCormick & Company, Incorporated from $82.00 to $75.00 and set a “buy” rating for the company in a research report on Friday, January 23rd. Jefferies Financial Group upped their price target on McCormick & Company, Incorporated from $74.00 to $81.00 and gave the stock a “buy” rating in a research note on Wednesday, February 25th. 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 equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $73.30.

McCormick & Company, Incorporated Stock Performance

Shares of MKC stock opened at $53.30 on Friday. The company has a market cap of $14.31 billion, a price-to-earnings ratio of 18.19, a price-to-earnings-growth ratio of 3.11 and a beta of 0.59. McCormick & Company, Incorporated has a 52 week low of $52.63 and a 52 week high of $83.15. The company has a quick ratio of 0.28, a current ratio of 0.70 and a debt-to-equity ratio of 0.54. The firm has a 50 day moving average of $65.14 and a 200-day moving average of $66.12.

McCormick & Company, Incorporated (NYSE:MKC) last released its quarterly earnings data 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 during the quarter, compared to the consensus estimate of $1.84 billion. McCormick & Company, Incorporated had a net margin of 11.54% and a return on equity of 14.27%. The business’s revenue was up 2.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.80 EPS. McCormick & Company, Incorporated has set its FY 2026 guidance at 3.050-3.130 EPS. On average, equities analysts forecast that McCormick & Company, Incorporated will post 3.07 earnings per share for the current year.

Insider Activity at McCormick & Company, Incorporated

In other McCormick & Company, Incorporated news, major shareholder Lawrence Erik Kurzius sold 50,000 shares of McCormick & Company, Incorporated stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $71.63, for a total transaction of $3,581,500.00. Following the transaction, the insider directly owned 296,992 shares of the company’s stock, valued at $21,273,536.96. The trade was a 14.41% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Jacques Tapiero sold 5,000 shares of the company’s stock in a transaction on Thursday, February 5th. The stock was sold at an average price of $67.09, for a total transaction of $335,450.00. Following the completion of the sale, the director 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 position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 115,000 shares of company stock valued at $7,947,300. 10.60% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Elevation Point Wealth Partners LLC purchased a new stake in McCormick & Company, Incorporated in the 2nd quarter valued at about $27,000. Heartwood Wealth Advisors LLC purchased a new position in shares of McCormick & Company, Incorporated in the 3rd quarter worth approximately $28,000. GoalVest Advisory LLC purchased a new position in shares of McCormick & Company, Incorporated in the 4th quarter worth approximately $28,000. Deseret Mutual Benefit Administrators grew its holdings in shares of McCormick & Company, Incorporated by 67.8% in the fourth quarter. Deseret Mutual Benefit Administrators now owns 406 shares of the company’s stock valued at $28,000 after acquiring an additional 164 shares in the last quarter. Finally, Motiv8 Investments LLC bought a new position in shares of McCormick & Company, Incorporated in the fourth quarter valued at approximately $28,000. 79.74% of the stock is currently owned by hedge funds and other institutional investors.

Key McCormick & Company, Incorporated News

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.

McCormick & Company, Incorporated Company Profile

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.