Groupama Asset Managment Sells 16,092 Shares of McCormick & Company, Incorporated $MKC

Groupama Asset Managment cut its position in shares of McCormick & Company, Incorporated (NYSE:MKC) by 70.4% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,750 shares of the company’s stock after selling 16,092 shares during the period. Groupama Asset Managment’s holdings in McCormick & Company, Incorporated were worth $452,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also made changes to their positions in the company. CIBC Private Wealth Group LLC raised its holdings in shares of McCormick & Company, Incorporated by 6.2% in the third quarter. CIBC Private Wealth Group LLC now owns 9,393 shares of the company’s stock valued at $629,000 after acquiring an additional 547 shares in the last quarter. CIBC Bancorp USA Inc. purchased a new stake in McCormick & Company, Incorporated in the third quarter worth about $6,255,000. First Affirmative Financial Network grew its holdings in McCormick & Company, Incorporated by 3.0% during the 3rd quarter. First Affirmative Financial Network now owns 6,252 shares of the company’s stock worth $418,000 after acquiring an additional 181 shares in the last quarter. Danske Bank A S bought a new position in McCormick & Company, Incorporated during the 3rd quarter worth about $11,219,000. Finally, Palisade Asset Management LLC increased its position in McCormick & Company, Incorporated by 2.4% during the 3rd quarter. Palisade Asset Management LLC now owns 38,149 shares of the company’s stock valued at $2,553,000 after purchasing an additional 900 shares during the period. 79.74% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

MKC has been the subject of several recent research reports. Zacks Research lowered shares of McCormick & Company, Incorporated from a “hold” rating to a “strong sell” rating in a report on Monday, March 9th. Barclays cut their price objective on shares of McCormick & Company, Incorporated from $72.00 to $67.00 and set an “equal weight” rating on the stock in a report on Monday, January 26th. UBS Group reduced their price objective on shares of McCormick & Company, Incorporated from $67.00 to $59.00 and set a “neutral” rating for the company in a research note on Friday. JPMorgan Chase & Co. upped their target price on McCormick & Company, Incorporated from $72.00 to $78.00 and gave the stock an “overweight” rating in a report on Wednesday, February 18th. Finally, Deutsche Bank Aktiengesellschaft raised McCormick & Company, Incorporated from a “hold” rating to a “buy” rating and set a $75.00 target price on the stock in a research report on Monday, December 15th. Five investment 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 company has an average rating of “Hold” and a consensus target price of $73.30.

McCormick & Company, Incorporated Price Performance

Shares of MKC opened at $53.30 on Friday. The company has a market cap of $14.31 billion, a price-to-earnings ratio of 18.19, a price-to-earnings-growth ratio of 3.11 and a beta of 0.59. McCormick & Company, Incorporated has a twelve month low of $52.63 and a twelve month high of $83.15. The company has a quick ratio of 0.28, a current ratio of 0.70 and a debt-to-equity ratio of 0.54. The company has a 50 day moving average of $65.14 and a two-hundred day moving average of $66.15.

McCormick & Company, Incorporated (NYSE:MKC) last issued its quarterly 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 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%.The business’s revenue for the quarter was up 2.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.80 earnings per share. McCormick & Company, Incorporated has set its FY 2026 guidance at 3.050-3.130 EPS. As a group, analysts predict that McCormick & Company, Incorporated will post 3.07 earnings per share for the current fiscal year.

McCormick & Company, Incorporated News Roundup

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

In related news, major shareholder Lawrence Erik Kurzius sold 50,000 shares of the business’s stock in a transaction on Tuesday, January 13th. The stock was sold at an average price of $67.43, for a total transaction of $3,371,500.00. Following the transaction, 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Jacques Tapiero sold 5,000 shares of the company’s stock in a transaction dated Thursday, February 5th. The shares were sold at an average price of $67.09, for a total value of $335,450.00. Following the transaction, the director directly owned 31,596 shares in the company, valued at $2,119,775.64. This represents a 13.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 115,000 shares of company stock worth $7,947,300 in the last ninety days. 10.60% of the stock is owned by insiders.

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.