Swiss Life Asset Management Ltd Increases Holdings in McCormick & Company, Incorporated $MKC

Swiss Life Asset Management Ltd lifted its holdings in shares of McCormick & Company, Incorporated (NYSE:MKC) by 32.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 60,151 shares of the company’s stock after purchasing an additional 14,867 shares during the period. Swiss Life Asset Management Ltd’s holdings in McCormick & Company, Incorporated were worth $4,025,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in MKC. Nuance Investments LLC bought a new position in shares of McCormick & Company, Incorporated during the 3rd quarter worth $15,388,000. WINTON GROUP Ltd raised its stake in McCormick & Company, Incorporated by 76.9% in the 3rd quarter. WINTON GROUP Ltd now owns 37,500 shares of the company’s stock valued at $2,509,000 after acquiring an additional 16,300 shares during the period. Envestnet Asset Management Inc. raised its stake in McCormick & Company, Incorporated by 3.5% in the 3rd quarter. Envestnet Asset Management Inc. now owns 878,886 shares of the company’s stock valued at $58,806,000 after acquiring an additional 29,418 shares during the period. Cibc World Market Inc. purchased a new stake in McCormick & Company, Incorporated during the third quarter valued at about $3,819,000. Finally, American Century Companies Inc. purchased a new stake in McCormick & Company, Incorporated during the third quarter valued at about $48,576,000. Institutional investors own 79.74% of the company’s stock.

McCormick & Company, Incorporated Price Performance

NYSE:MKC opened at $53.30 on Monday. McCormick & Company, Incorporated has a 52-week low of $52.63 and a 52-week high of $83.15. The stock has a fifty day moving average of $65.14 and a 200 day moving average of $66.12. 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 capitalization of $14.31 billion, a price-to-earnings ratio of 18.19, a P/E/G ratio of 3.11 and a beta of 0.59.

McCormick & Company, Incorporated (NYSE:MKC) last announced its earnings results on Thursday, January 22nd. The company reported $0.86 earnings per share for the quarter, missing analysts’ consensus estimates of $0.87 by ($0.01). McCormick & Company, Incorporated had a return on equity of 14.27% and a net margin of 11.54%.The business had revenue of $1.85 billion during the quarter, compared to the consensus estimate of $1.84 billion. During the same quarter in the prior year, the company earned $0.80 earnings per share. McCormick & Company, Incorporated’s revenue was up 2.9% compared to the same quarter last year. McCormick & Company, Incorporated has set its FY 2026 guidance at 3.050-3.130 EPS. On average, research analysts expect that McCormick & Company, Incorporated will post 3.07 EPS for the current fiscal year.

More 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.

Insider Buying and Selling at McCormick & Company, Incorporated

In other McCormick & Company, Incorporated news, major shareholder Lawrence Erik Kurzius sold 50,000 shares of the business’s stock in a transaction that occurred on 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 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 filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Michael D. Mangan sold 5,000 shares of the stock in a transaction on Monday, February 9th. The stock was sold at an average price of $67.92, for a total transaction of $339,600.00. Following the completion of the transaction, the director directly owned 43,029 shares in the company, valued at $2,922,529.68. The trade was a 10.41% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 115,000 shares of company stock worth $7,947,300 over the last three months. 10.60% of the stock is owned by insiders.

Wall Street Analyst Weigh In

MKC has been the subject of several recent research reports. TD Cowen reduced their target price on shares of McCormick & Company, Incorporated from $82.00 to $75.00 and set a “buy” rating for the company in a research note on Friday, January 23rd. Stifel Nicolaus dropped their price target on shares of McCormick & Company, Incorporated from $71.00 to $65.00 and set a “hold” rating on the stock in a research note on Friday, January 23rd. JPMorgan Chase & Co. lifted their price objective on shares of McCormick & Company, Incorporated from $72.00 to $78.00 and gave the company an “overweight” rating in a research note on Wednesday, February 18th. HSBC lowered their target price on shares of McCormick & Company, Incorporated from $75.00 to $69.00 and set a “hold” rating on the stock in a report on Friday, January 23rd. Finally, UBS Group cut their price target on McCormick & Company, Incorporated from $67.00 to $59.00 and set a “neutral” rating for the company in a report on Friday. Five research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $73.30.

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.