JPMorgan Chase & Co. Has Lowered Expectations for McCormick & Company, Incorporated (NYSE:MKC) Stock Price

McCormick & Company, Incorporated (NYSE:MKC) had its target price reduced by research analysts at JPMorgan Chase & Co. from $67.00 to $64.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The brokerage presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target suggests a potential upside of 31.40% from the company’s previous close.

MKC has been the subject of several other research reports. HSBC cut their price target on McCormick & Company, Incorporated from $69.00 to $55.00 and set a “hold” rating for the company in a research note on Thursday, March 26th. Stifel Nicolaus dropped their price objective on shares of McCormick & Company, Incorporated from $65.00 to $55.00 and set a “hold” rating on the stock in a research note on Wednesday. Sanford C. Bernstein cut their price objective on shares of McCormick & Company, Incorporated from $85.00 to $77.00 and set an “outperform” rating for the company in a research report on Tuesday, March 24th. TD Cowen reduced their target price on shares of McCormick & Company, Incorporated from $75.00 to $64.00 and set a “buy” rating for the company in a research note on Wednesday, March 25th. Finally, Zacks Research downgraded shares of McCormick & Company, Incorporated from a “hold” rating to a “strong sell” rating in a report on Monday, March 9th. Six research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $64.27.

McCormick & Company, Incorporated Stock Performance

NYSE MKC opened at $48.71 on Wednesday. The firm has a market cap of $13.07 billion, a P/E ratio of 7.98, a P/E/G ratio of 2.83 and a beta of 0.71. McCormick & Company, Incorporated has a 52-week low of $47.52 and a 52-week high of $82.90. The business’s 50-day moving average price is $62.39 and its 200 day moving average price is $65.03. The company has a quick ratio of 0.28, a current ratio of 0.76 and a debt-to-equity ratio of 0.48.

McCormick & Company, Incorporated (NYSE:MKC) last posted its quarterly earnings data on Tuesday, March 31st. The company reported $0.66 EPS for the quarter, beating the consensus estimate of $0.61 by $0.05. McCormick & Company, Incorporated had a return on equity of 13.29% and a net margin of 23.12%.The firm had revenue of $1.87 billion during the quarter, compared to the consensus estimate of $1.79 billion. During the same period in the prior year, the business earned $0.60 EPS. The firm’s revenue was up 16.7% compared to the same quarter last year. On average, equities research analysts expect that McCormick & Company, Incorporated will post 3.07 earnings per share for the current year.

Insider Buying and Selling

In related news, Director Jacques Tapiero sold 5,000 shares of McCormick & Company, Incorporated 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 transaction, the director directly 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Michael D. Mangan sold 5,000 shares of the business’s stock in a transaction on Monday, February 9th. The stock was sold at an average price of $67.92, for a total value of $339,600.00. Following the sale, the director owned 43,029 shares in the company, valued at approximately $2,922,529.68. The trade was a 10.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 115,000 shares of company stock worth $7,947,300 in the last quarter. Company insiders own 10.60% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Rockefeller Capital Management L.P. boosted its position in shares of McCormick & Company, Incorporated by 5.1% in the 4th quarter. Rockefeller Capital Management L.P. now owns 188,557 shares of the company’s stock worth $12,847,000 after buying an additional 9,088 shares in the last quarter. Union Savings Bank purchased a new position in McCormick & Company, Incorporated during the 4th quarter valued at about $36,000. Hsbc Holdings PLC increased its holdings in McCormick & Company, Incorporated by 10.4% during the 4th quarter. Hsbc Holdings PLC now owns 500,292 shares of the company’s stock valued at $34,086,000 after acquiring an additional 47,119 shares in the last quarter. Mengis Capital Management Inc. raised its position in McCormick & Company, Incorporated by 467.1% during the fourth quarter. Mengis Capital Management Inc. now owns 63,200 shares of the company’s stock worth $4,305,000 after acquiring an additional 52,055 shares during the last quarter. Finally, Bayban acquired a new position in McCormick & Company, Incorporated during the fourth quarter worth about $54,000. Institutional investors and hedge funds own 79.74% of the company’s stock.

McCormick & Company, Incorporated News Roundup

Here are the key news stories impacting McCormick & Company, Incorporated this week:

• Positive Sentiment: Strategic combination with Unilever Foods positioned to expand McCormick’s global reach, capabilities and margins — management argues the deal supports long-term growth and margin improvement. McCormick Eyes Global Expansion Through Unilever Foods Deal
• Positive Sentiment: Q1 results topped expectations (EPS $0.66 vs. $0.61; revenue +16.7% y/y), showing resilient top-line and a path to improving margins — a near-term fundamental anchor under the shares. Q1 2026 Earnings Call Transcript
• Positive Sentiment: Unusually large retail activity in call options points to speculative bullish positioning or institutional interest ahead of deal clarity. Stock Traders Purchase Large Volume of Call Options on McCormick
• Positive Sentiment: Several major brokers trimmed targets but left constructive ratings (JPMorgan, Jefferies, BNP Paribas still overweight/buy/outperform), implying they see material upside even after adjustments. Analyst Coverage Summaries
• Neutral Sentiment: Stifel lowered its target to $55 and moved to a “hold,” signaling more cautious near-term views though not outright bearish. Stifel Adjusts Price Target on McCormick
• Neutral Sentiment: Market commentary suggests MKC may now be viewed as a deep-value/dividend play after the pullback, which could attract income-oriented buyers if fundamentals hold. MarketBeat Week In Review / MKC Notes
• Negative Sentiment: Regulatory/transaction risk and shareholder pushback: a law firm is investigating the merger terms and shareholder treatment (McCormick would own 35% of combined company), adding legal risk and uncertainty. Investor Alert: Kahn Swick & Foti Investigation
• Negative Sentiment: Analyst downgrades and pessimistic forecasts from Barclays and Deutsche Bank have pressured momentum; the stock hit a new 1-year low following downgrades and deal skepticism. Barclays Issues Pessimistic Forecast for MKC
• Negative Sentiment: Market skepticism about the Unilever Foods structure: banks and analysts are split, and prior session market moves (shares fell sharply on initial reaction) reflect investor doubts about near-term value creation. Unilever-McCormick deal ‘not compelling value’ but ‘makes sense’
• Negative Sentiment: Critical analysis pieces question the merger rationale and integration risks, which could keep volatility elevated until clearer synergies and governance terms are disclosed. McCormick And Unilever Foods: Not A Happy Merger Yet

About McCormick & Company, Incorporated

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.