HSBC Has Lowered Expectations for McCormick & Company, Incorporated (NYSE:MKC) Stock Price

McCormick & Company, Incorporated (NYSE:MKC) had its price objective lowered by investment analysts at HSBC from $75.00 to $69.00 in a note issued to investors on Friday,MarketScreener reports. The brokerage currently has a “hold” rating on the stock. HSBC’s target price would indicate a potential upside of 13.55% from the stock’s current price.

Other equities analysts have also recently issued reports about the company. Barclays reduced their price objective on McCormick & Company, Incorporated from $82.00 to $72.00 and set an “equal weight” rating for the company in a report on Wednesday, October 8th. Jefferies Financial Group lifted their price target on McCormick & Company, Incorporated from $78.00 to $79.00 and gave the stock a “buy” rating in a research note on Tuesday, January 13th. Wall Street Zen upgraded shares of McCormick & Company, Incorporated from a “sell” rating to a “hold” rating in a research report on Saturday, October 11th. Deutsche Bank Aktiengesellschaft raised shares of McCormick & Company, Incorporated from a “hold” rating to a “buy” rating and set a $75.00 price objective on the stock in a research note on Monday, December 15th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of McCormick & Company, Incorporated in a report on Tuesday, October 14th. Five analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $73.80.

McCormick & Company, Incorporated Stock Down 0.7%

Shares of NYSE MKC opened at $60.76 on Friday. The stock has a market capitalization of $16.31 billion, a price-to-earnings ratio of 20.74, a price-to-earnings-growth ratio of 3.79 and a beta of 0.62. McCormick & Company, Incorporated has a 52 week low of $59.62 and a 52 week high of $86.24. The firm has a 50-day moving average price of $66.73 and a 200 day moving average price of $67.79. The company has a quick ratio of 0.29, a current ratio of 0.70 and a debt-to-equity ratio of 0.54.

McCormick & Company, Incorporated (NYSE:MKC) last issued its earnings results on Thursday, January 22nd. The company reported $0.86 earnings per share (EPS) 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 analysts’ expectations of $1.84 billion. McCormick & Company, Incorporated had a net margin of 11.54% and a return on equity of 14.27%. The company’s quarterly revenue was up 2.9% on a year-over-year basis. During the same period last year, the business posted $0.80 earnings per share. McCormick & Company, Incorporated has set its FY 2026 guidance at 3.050-3.130 EPS. Equities research analysts anticipate that McCormick & Company, Incorporated will post 3.07 EPS for the current fiscal year.

Insider Transactions at McCormick & Company, Incorporated

In other news, major shareholder Lawrence Erik Kurzius sold 50,000 shares of McCormick & Company, Incorporated stock in a transaction dated Tuesday, January 13th. The shares were sold at an average price of $67.43, for a total transaction of $3,371,500.00. Following the completion of the sale, the insider directly owned 246,762 shares in the company, valued at $16,639,161.66. The trade was a 16.85% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Brendan M. Foley sold 57,144 shares of the business’s stock in a transaction that occurred on Wednesday, November 12th. The shares were 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 approximately $7,123,225.12. This represents a 34.47% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 146,158 shares of company stock worth $9,635,824. 23.80% of the stock is owned by insiders.

Hedge Funds Weigh In On McCormick & Company, Incorporated

Large investors have recently modified their holdings of the company. Norges Bank acquired a new position in McCormick & Company, Incorporated during the 2nd quarter worth approximately $249,087,000. Invesco Ltd. grew its position in McCormick & Company, Incorporated by 66.7% in the third quarter. Invesco Ltd. now owns 6,232,337 shares of the company’s stock valued at $417,006,000 after acquiring an additional 2,494,544 shares in the last quarter. Wellington Management Group LLP raised its stake in shares of McCormick & Company, Incorporated by 67.2% during the third quarter. Wellington Management Group LLP now owns 2,797,533 shares of the company’s stock valued at $187,183,000 after purchasing an additional 1,124,003 shares during the period. State Street Corp raised its stake in shares of McCormick & Company, Incorporated by 5.1% during the third quarter. State Street Corp now owns 15,522,816 shares of the company’s stock valued at $1,038,632,000 after purchasing an additional 747,844 shares during the period. Finally, American Century Companies Inc. acquired a new position in shares of McCormick & Company, Incorporated during the third quarter worth $48,576,000. 79.74% of the stock is currently owned by hedge funds and other institutional investors.

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

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.