12,500 Shares in McCormick & Company, Incorporated $MKC Purchased by Robinson Value Management Ltd.

Robinson Value Management Ltd. purchased a new stake in McCormick & Company, Incorporated (NYSE:MKC) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 12,500 shares of the company’s stock, valued at approximately $851,000.

Other hedge funds also recently modified their holdings of the company. Elevation Point Wealth Partners LLC acquired a new position in shares of McCormick & Company, Incorporated in the 2nd quarter worth approximately $27,000. Heartwood Wealth Advisors LLC acquired a new stake in McCormick & Company, Incorporated during the 3rd quarter valued at $28,000. GoalVest Advisory LLC acquired a new stake in McCormick & Company, Incorporated during the 4th quarter valued at $28,000. SouthState Bank Corp raised its position in McCormick & Company, Incorporated by 1,777.8% in the 3rd quarter. SouthState Bank Corp now owns 507 shares of the company’s stock valued at $34,000 after purchasing an additional 480 shares during the last quarter. Finally, Steigerwald Gordon & Koch Inc. acquired a new position in McCormick & Company, Incorporated in the third quarter worth $37,000. Institutional investors and hedge funds own 79.74% of the company’s stock.

Analysts Set New Price Targets

MKC has been the topic of several research analyst reports. JPMorgan Chase & Co. decreased their target price on McCormick & Company, Incorporated from $78.00 to $67.00 and set an “overweight” rating on the stock in a report on Wednesday. Jefferies Financial Group increased their price objective on shares of McCormick & Company, Incorporated from $74.00 to $81.00 and gave the stock a “buy” rating in a report on Wednesday, February 25th. Sanford C. Bernstein restated an “outperform” rating and issued a $87.00 price objective on shares of McCormick & Company, Incorporated in a research report on Thursday, December 11th. Deutsche Bank Aktiengesellschaft raised shares of McCormick & Company, Incorporated from a “hold” rating to a “buy” rating and set a $75.00 target price for the company in a research note on Monday, December 15th. Finally, TD Cowen lowered their price target on shares of McCormick & Company, Incorporated from $82.00 to $75.00 and set a “buy” rating for the company in a report on Friday, January 23rd. Five analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $72.20.

McCormick & Company, Incorporated Trading Up 1.2%

Shares of NYSE MKC opened at $52.73 on Thursday. The company’s 50 day simple moving average is $64.25 and its 200 day simple moving average is $65.78. McCormick & Company, Incorporated has a fifty-two week low of $51.29 and a fifty-two week high of $83.15. The firm has a market capitalization of $14.15 billion, a P/E ratio of 18.00, a P/E/G ratio of 3.05 and a beta of 0.59. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.70 and a quick ratio of 0.28.

McCormick & Company, Incorporated (NYSE:MKC) last released its earnings results on Thursday, January 22nd. The company reported $0.86 EPS for the quarter, missing analysts’ consensus estimates of $0.87 by ($0.01). The business 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 was up 2.9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.80 EPS. McCormick & Company, Incorporated has set its FY 2026 guidance at 3.050-3.130 EPS. On average, analysts predict that McCormick & Company, Incorporated will post 3.07 EPS for the current year.

Insider Buying and Selling

In related news, Director Michael D. Mangan sold 5,000 shares of the company’s stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $67.92, for a total value of $339,600.00. Following the completion of the sale, the director owned 43,029 shares in the company, valued at approximately $2,922,529.68. This represents a 10.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, major shareholder Lawrence Erik Kurzius sold 50,000 shares of the stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $71.63, for a total value of $3,581,500.00. Following the completion of the transaction, the insider directly owned 296,992 shares in the company, valued at $21,273,536.96. The trade was a 14.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 115,000 shares of company stock valued at $7,947,300 over the last three months. Company insiders own 10.60% of the company’s stock.

McCormick & Company, Incorporated 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.