McCormick & Company, Incorporated $MKC Stock Position Lifted by WINTON GROUP Ltd

Key Points

• WINTON GROUP Ltd raised its stake in McCormick by 76.9% in Q3 to 37,500 shares (about $2.51M), amid institutional investors owning roughly 79.7% of the stock.
• McCormick reported Q results of $0.86 EPS (missing the $0.87 consensus by $0.01) with revenue of $1.85B slightly above estimates, and set FY2026 guidance of $3.05–$3.13 EPS (analysts ~3.07).
• Insiders sold 115,000 shares (~$7.95M) in the last three months while the shares trade near $63.37 (market cap ~$17.0B); the consensus analyst rating is a Hold with an average price target of $74.10.

WINTON GROUP Ltd raised its stake in McCormick & Company, Incorporated (NYSE:MKC - Free Report) by 76.9% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 37,500 shares of the company's stock after buying an additional 16,300 shares during the quarter. WINTON GROUP Ltd's holdings in McCormick & Company, Incorporated were worth $2,509,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Russell Investments Group Ltd. grew its holdings in shares of McCormick & Company, Incorporated by 8.9% during the 3rd quarter. Russell Investments Group Ltd. now owns 151,748 shares of the company's stock valued at $10,152,000 after acquiring an additional 12,442 shares in the last quarter. B. Metzler seel. Sohn & Co. AG raised its holdings in shares of McCormick & Company, Incorporated by 4.4% during the third quarter. B. Metzler seel. Sohn & Co. AG now owns 39,896 shares of the company's stock worth $2,669,000 after acquiring an additional 1,690 shares in the last quarter. Rathbones Group PLC purchased a new stake in shares of McCormick & Company, Incorporated during the third quarter worth $250,000. Meiji Yasuda Asset Management Co Ltd. boosted its position in McCormick & Company, Incorporated by 7.3% during the third quarter. Meiji Yasuda Asset Management Co Ltd. now owns 96,934 shares of the company's stock valued at $6,486,000 after purchasing an additional 6,572 shares during the last quarter. Finally, Ameriflex Group Inc. boosted its position in McCormick & Company, Incorporated by 99.8% during the third quarter. Ameriflex Group Inc. now owns 1,838 shares of the company's stock valued at $123,000 after purchasing an additional 918 shares during the last quarter. Hedge funds and other institutional investors own 79.74% of the company's stock.

McCormick & Company, Incorporated Stock Down 1.3%

MKC opened at $63.37 on Wednesday. The firm has a market cap of $17.01 billion, a P/E ratio of 21.63, a price-to-earnings-growth ratio of 3.58 and a beta of 0.59. 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 business has a 50 day moving average price of $66.80 and a 200 day moving average price of $66.88. McCormick & Company, Incorporated has a twelve month low of $59.62 and a twelve month high of $84.38.

McCormick & Company, Incorporated (NYSE:MKC - Get Free Report) last announced its quarterly earnings results on Thursday, January 22nd. The company reported $0.86 EPS for the quarter, missing the consensus estimate of $0.87 by ($0.01). McCormick & Company, Incorporated had a net margin of 11.54% and a return on equity of 14.27%. The company had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.84 billion. During the same quarter last year, the business earned $0.80 EPS. The company's revenue for the quarter was up 2.9% on a year-over-year basis. McCormick & Company, Incorporated has set its FY 2026 guidance at 3.050-3.130 EPS. Research analysts forecast that McCormick & Company, Incorporated will post 3.07 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. Sanford C. Bernstein restated an "outperform" rating and issued a $87.00 target price on shares of McCormick & Company, Incorporated in a research note on Thursday, December 11th. Jefferies Financial Group raised their price target on McCormick & Company, Incorporated from $74.00 to $81.00 and gave the stock a "buy" rating in a research note on Wednesday, February 25th. HSBC reduced their price target on McCormick & Company, Incorporated from $75.00 to $69.00 and set a "hold" rating for the company in a report on Friday, January 23rd. Barclays dropped their price objective on 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. Finally, 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 report on Monday, December 15th. Five equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $74.10.

Insider Buying and Selling

In related news, Director Michael D. Mangan sold 5,000 shares of the firm's stock in a transaction on Monday, February 9th. The shares were sold at an average price of $67.92, for a total value of $339,600.00. Following the transaction, the director directly owned 43,029 shares in the company, valued at approximately $2,922,529.68. This trade represents a 10.41% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, 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 owned 31,596 shares in the company, valued at $2,119,775.64. This trade represents a 13.66% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 115,000 shares of company stock valued at $7,947,300. Company insiders own 10.60% of the company's stock.

McCormick & Company, Incorporated 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.

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