The Scotts Miracle-Gro Company $SMG Position Trimmed by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp lowered its stake in The Scotts Miracle-Gro Company (NYSE:SMG) by 26.0% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. 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 owned approximately 0.09% of Scotts Miracle-Gro worth $2,834,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. Hunter Associates Investment Management LLC raised its position in shares of Scotts Miracle-Gro by 4.2% during the third quarter. Hunter Associates Investment Management LLC now owns 51,173 shares of the basic materials company’s stock worth $2,922,000 after purchasing an additional 2,044 shares during the period. Covestor Ltd raised its holdings in Scotts Miracle-Gro by 201.1% during the 3rd quarter. Covestor Ltd now owns 527 shares of the basic materials company’s stock worth $30,000 after buying an additional 352 shares during the period. Root Financial Partners LLC purchased a new stake in Scotts Miracle-Gro during the third quarter valued at about $61,000. Amalgamated Bank boosted its holdings in shares of Scotts Miracle-Gro by 2.8% in the third quarter. Amalgamated Bank now owns 20,313 shares of the basic materials company’s stock worth $1,157,000 after buying an additional 559 shares during the period. Finally, Campbell & CO Investment Adviser LLC purchased a new position in shares of Scotts Miracle-Gro in the third quarter worth approximately $1,425,000. Institutional investors and hedge funds own 74.07% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on SMG. Wells Fargo & Company upped their price target on shares of Scotts Miracle-Gro from $67.00 to $70.00 and gave the company an “overweight” rating in a research report on Thursday. Wall Street Zen lowered Scotts Miracle-Gro from a “buy” rating to a “hold” rating in a report on Saturday, October 25th. UBS Group set a $67.00 price target on Scotts Miracle-Gro in a report on Thursday. Jefferies Financial Group upped their price target on Scotts Miracle-Gro from $71.00 to $74.00 and gave the company a “buy” rating in a research report on Wednesday, November 5th. Finally, Stifel Nicolaus set a $70.00 price objective on Scotts Miracle-Gro and gave the stock a “buy” rating in a research report on Thursday, November 6th. Five research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Scotts Miracle-Gro presently has an average rating of “Moderate Buy” and an average price target of $71.00.

Scotts Miracle-Gro Stock Performance

NYSE:SMG opened at $64.09 on Friday. The company has a market capitalization of $3.72 billion, a P/E ratio of 43.60 and a beta of 1.95. The stock’s 50 day moving average price is $59.11 and its 200 day moving average price is $59.39. The Scotts Miracle-Gro Company has a 52 week low of $45.61 and a 52 week high of $71.78.

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

Scotts Miracle-Gro Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 6th. Stockholders of record on Friday, February 20th will be paid 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 179.59%.

More Scotts Miracle-Gro News

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 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.