Rep. Julia Letlow Sells Off Shares of McCormick & Company, Incorporated (NYSE:MKC)

Key Points

• Rep. Julia Letlow sold $1,001–$15,000 worth of McCormick (NYSE:MKC) shares on Feb. 2 (trade disclosed Mar. 12) from her Merrill Lynch account, and also executed several other $1,001–$15,000 trades in other stocks in February.
• McCormick reported quarterly EPS of $0.86 (missing consensus by $0.01) and revenue of $1.85B (+2.9% YoY), and set FY2026 guidance of $3.05–$3.13 EPS (analysts expect $3.07).
• Analysts are mixed (consensus rating: Hold, target $72.20), while institutional investors own about 79.7% of the stock and insiders sold roughly 115,000 shares (~$7.95M) last quarter.

Representative Julia Letlow (Republican-Louisiana) recently sold shares of McCormick & Company, Incorporated NYSE: MKC. In a filing disclosed on March 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in McCormick & Company, Incorporated stock on February 2nd. The trade occurred in the Representative's "MERRILL LYNCH INVESTMENT ACCOUNT #025" account.

Representative Julia Letlow also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of HF Sinclair NYSE: DINO on 2/20/2026.
• Sold $1,001 - $15,000 in shares of BXP NYSE: BXP on 2/20/2026.
• Purchased $1,001 - $15,000 in shares of Travelers Companies NYSE: TRV on 2/20/2026.
• Sold $1,001 - $15,000 in shares of Expand Energy NASDAQ: EXE on 2/17/2026.
• Sold $1,001 - $15,000 in shares of Public Service Enterprise Group NYSE: PEG on 2/17/2026.
• Purchased $1,001 - $15,000 in shares of Vistra NYSE: VST on 2/17/2026.
• Sold $1,001 - $15,000 in shares of AT&T NYSE: T on 2/12/2026.
• Purchased $1,001 - $15,000 in shares of Extra Space Storage NYSE: EXR on 2/12/2026.
• Sold $1,001 - $15,000 in shares of Icon NASDAQ: ICLR on 2/12/2026.
• Purchased $1,001 - $15,000 in shares of Regeneron Pharmaceuticals NASDAQ: REGN on 2/12/2026.

McCormick & Company, Incorporated Trading Up 2.8%

MKC stock opened at $53.05 on Friday. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.70 and a quick ratio of 0.28. McCormick & Company, Incorporated has a 1-year low of $51.29 and a 1-year high of $83.15. The business has a 50 day simple moving average of $63.62 and a two-hundred day simple moving average of $65.53. The company has a market capitalization of $14.24 billion, a price-to-earnings ratio of 18.11, a PEG ratio of 3.11 and a beta of 0.59.

McCormick & Company, Incorporated (NYSE:MKC - Get Free Report) last released its quarterly earnings data on Thursday, January 22nd. The company reported $0.86 earnings per share (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 the consensus estimate of $1.84 billion. During the same quarter in the previous year, the business earned $0.80 EPS. The company's quarterly revenue 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 anticipate that McCormick & Company, Incorporated will post 3.07 EPS for the current fiscal year.

Institutional Investors Weigh In On McCormick & Company, Incorporated

A number of hedge funds have recently bought and sold shares of the business. Aristotle Capital Management LLC purchased a new position in shares of McCormick & Company, Incorporated in the 4th quarter worth $259,918,000. Norges Bank purchased a new stake in shares of McCormick & Company, Incorporated during the 2nd quarter valued at about $249,087,000. Invesco Ltd. raised its position in shares of McCormick & Company, Incorporated by 66.7% during the 3rd quarter. Invesco Ltd. now owns 6,232,337 shares of the company's stock valued at $417,006,000 after buying an additional 2,494,544 shares in the last quarter. Wellington Management Group LLP lifted its holdings in shares of McCormick & Company, Incorporated by 67.2% in the 3rd quarter. Wellington Management Group LLP now owns 2,797,533 shares of the company's stock valued at $187,183,000 after acquiring an additional 1,124,003 shares during the last quarter. Finally, Engineers Gate Manager LP bought a new position in shares of McCormick & Company, Incorporated in the 4th quarter valued at about $64,522,000. Hedge funds and other institutional investors own 79.74% of the company's stock.

Analyst Upgrades and Downgrades

MKC has been the topic of a number of research reports. Barclays reduced their price target 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. Zacks Research downgraded shares of McCormick & Company, Incorporated from a "hold" rating to a "strong sell" rating in a report on Monday, March 9th. Stifel Nicolaus cut their price objective on McCormick & Company, Incorporated from $71.00 to $65.00 and set a "hold" rating for the company in a research report on Friday, January 23rd. JPMorgan Chase & Co. reduced their target price on McCormick & Company, Incorporated from $78.00 to $67.00 and set an "overweight" rating on the stock in a report on Wednesday. Finally, UBS Group decreased their target price on McCormick & Company, Incorporated from $67.00 to $59.00 and set a "neutral" rating on the stock in a research report on Friday, March 20th. Five investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, McCormick & Company, Incorporated presently has a consensus rating of "Hold" and a consensus target price of $72.20.

Insider Buying and Selling

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 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 sale, the insider directly owned 246,762 shares of the company's stock, valued at $16,639,161.66. The trade was a 16.85% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Michael D. Mangan sold 5,000 shares of the company's stock in a transaction that occurred 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 sale, the director owned 43,029 shares in the company, valued at approximately $2,922,529.68. This trade represents a 10.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 115,000 shares of company stock worth $7,947,300. Corporate insiders own 10.60% of the company's stock.

About Representative Letlow

Julia Letlow (Republican Party) is a member of the U.S. House, representing Louisiana's 5th Congressional District. She assumed office on April 14, 2021. Her current term ends on January 3, 2027. Letlow (Republican Party) is running for re-election to the U.S. House to represent Louisiana's 5th Congressional District. She declared candidacy for the primary scheduled on November 3, 2026. Julia Letlow earned a doctorate. Letlow's career experience includes working as a senior administrator with the University of Louisiana at Monroe.

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.

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