McCormick & Company, Incorporated $MKC Shares Acquired by Swiss Life Asset Management Ltd

Posted by George Bondi on May 14th, 2026

Swiss Life Asset Management Ltd grew its stake in McCormick & Company, Incorporated (NYSE:MKC – Free Report) by 18.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 71,350 shares of the company’s stock after purchasing an additional 11,199 shares during the quarter. Swiss Life Asset Management Ltd’s holdings in McCormick & Company, Incorporated were worth $4,860,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of MKC. GoalVest Advisory LLC acquired a new stake in shares of McCormick & Company, Incorporated in the fourth quarter valued at about $28,000. SouthState Bank Corp boosted its position in McCormick & Company, Incorporated by 1,777.8% during the third quarter. SouthState Bank Corp now owns 507 shares of the company’s stock worth $34,000 after acquiring an additional 480 shares during the last quarter. Legacy Wealth Managment LLC ID acquired a new position in McCormick & Company, Incorporated during the fourth quarter worth about $40,000. Rakuten Investment Management Inc. acquired a new position in McCormick & Company, Incorporated during the third quarter worth about $47,000. Finally, Rothschild Investment LLC boosted its position in McCormick & Company, Incorporated by 114.0% during the third quarter. Rothschild Investment LLC now owns 762 shares of the company’s stock worth $51,000 after acquiring an additional 406 shares during the last quarter. Institutional investors and hedge funds own 79.74% of the company’s stock.

McCormick & Company, Incorporated Stock Performance

NYSE:MKC opened at $45.56 on Thursday. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.76 and a quick ratio of 0.36. The firm has a market capitalization of $12.24 billion, a price-to-earnings ratio of 7.47, a PEG ratio of 2.30 and a beta of 0.68. The company’s 50-day moving average is $53.55 and its two-hundred day moving average is $62.02. McCormick & Company, Incorporated has a 1-year low of $44.82 and a 1-year high of $78.16.

McCormick & Company, Incorporated (NYSE:MKC – Get Free Report) last posted its earnings results on Tuesday, March 31st. The company reported $0.66 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.05. The company had revenue of $1.87 billion for the quarter, compared to analyst estimates of $1.79 billion. McCormick & Company, Incorporated had a net margin of 23.12% and a return on equity of 13.29%. McCormick & Company, Incorporated’s revenue was up 16.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.60 EPS. Analysts forecast that McCormick & Company, Incorporated will post 3.09 EPS for the current year.

McCormick & Company, Incorporated Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, April 27th. Shareholders of record on Monday, April 20th were issued a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 4.2%. The ex-dividend date was Monday, April 20th. McCormick & Company, Incorporated’s payout ratio is presently 31.48%.

Analysts Set New Price Targets

MKC has been the topic of a number of recent research reports. BNP Paribas Exane lowered their price target on shares of McCormick & Company, Incorporated from $83.00 to $75.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 1st. Weiss Ratings restated a “hold (c-)” rating on shares of McCormick & Company, Incorporated in a research report on Monday, April 27th. Sanford C. Bernstein lowered their price target on shares of McCormick & Company, Incorporated from $85.00 to $77.00 and set an “outperform” rating on the stock in a research report on Tuesday, March 24th. Deutsche Bank Aktiengesellschaft lowered their price target on shares of McCormick & Company, Incorporated from $70.00 to $59.00 and set a “buy” rating on the stock in a research report on Monday, March 30th. Finally, Zacks Research upgraded shares of McCormick & Company, Incorporated from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 7th. Six investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $64.27.

Check Out Our Latest Report on McCormick & Company, Incorporated

Insiders Place Their Bets

In other news, Director Gavin Hattersley bought 2,000 shares of the firm’s stock in a transaction on Friday, April 10th. The shares were bought at an average cost of $52.98 per share, for a total transaction of $105,960.00. Following the acquisition, the director directly owned 2,906 shares of the company’s stock, valued at $153,959.88. This trade represents a 220.75% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website. 10.60% of the stock is owned by insiders.

About McCormick & Company, Incorporated

(Free Report)

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.