Janney Montgomery Scott LLC Increases Position in McCormick & Company, Incorporated $MKC

Posted by Stanley Muller on Jul 3rd, 2026

Janney Montgomery Scott LLC grew its position in McCormick & Company, Incorporated (NYSE:MKC – Free Report) by 5.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 199,952 shares of the company’s stock after purchasing an additional 11,091 shares during the quarter. Janney Montgomery Scott LLC owned approximately 0.07% of McCormick & Company, Incorporated worth $10,086,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of MKC. Aristotle Capital Management LLC acquired a new position in shares of McCormick & Company, Incorporated during the fourth quarter worth $259,918,000. Invesco Ltd. raised its stake in McCormick & Company, Incorporated by 66.7% in the third 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 raised its stake in McCormick & Company, Incorporated by 67.2% in the third quarter. Wellington Management Group LLP now owns 2,797,533 shares of the company’s stock valued at $187,183,000 after buying an additional 1,124,003 shares in the last quarter. Diamant Asset Management Inc. lifted its holdings in McCormick & Company, Incorporated by 4,848.6% during the 1st quarter. Diamant Asset Management Inc. now owns 1,046,630 shares of the company’s stock worth $52,792,000 after buying an additional 1,025,480 shares during the last quarter. Finally, Engineers Gate Manager LP purchased a new stake in McCormick & Company, Incorporated during the 4th quarter worth about $64,522,000. 79.74% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at McCormick & Company, Incorporated

In other news, Director Gavin Hattersley acquired 2,000 shares of the firm’s stock in a transaction dated Friday, April 10th. The stock was acquired at an average cost of $52.98 per share, with a total value of $105,960.00. Following the completion of the acquisition, the director owned 2,906 shares of the company’s stock, valued at $153,959.88. The trade was a 220.75% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 10.60% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Jefferies Financial Group dropped their price objective on McCormick & Company, Incorporated from $64.00 to $62.00 and set a “buy” rating on the stock in a report on Thursday, June 4th. Barclays decreased their target price on McCormick & Company, Incorporated from $57.00 to $55.00 and set an “equal weight” rating for the company in a research note on Friday, June 26th. Stifel Nicolaus dropped their price target 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, April 1st. Zacks Research upgraded shares of McCormick & Company, Incorporated from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 7th. Finally, UBS Group raised their price objective on shares of McCormick & Company, Incorporated from $51.00 to $52.00 and gave the stock a “neutral” rating in a report on Friday, June 26th. Six investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $60.50.

Check Out Our Latest Stock Analysis on MKC

McCormick & Company, Incorporated Stock Performance

Shares of MKC stock opened at $53.45 on Friday. The stock’s 50-day moving average is $48.32 and its two-hundred day moving average is $57.57. The firm has a market cap of $14.36 billion, a price-to-earnings ratio of 8.89, a PEG ratio of 2.65 and a beta of 0.63. McCormick & Company, Incorporated has a 1 year low of $44.82 and a 1 year high of $76.58. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.39 and a current ratio of 0.78.

McCormick & Company, Incorporated (NYSE:MKC – Get Free Report) last posted its earnings results on Thursday, June 25th. The company reported $0.80 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.11. McCormick & Company, Incorporated had a return on equity of 12.78% and a net margin of 21.91%.The business had revenue of $1.94 billion for the quarter, compared to analysts’ expectations of $1.91 billion. During the same quarter in the previous year, the firm earned $0.69 earnings per share. The business’s revenue was up 16.7% compared to the same quarter last year. McCormick & Company, Incorporated has set its FY 2026 guidance at 3.050-3.130 EPS. Analysts predict that McCormick & Company, Incorporated will post 3.08 earnings per share for the current year.

McCormick & Company, Incorporated Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 20th. Shareholders of record on Monday, July 6th will be paid a $0.48 dividend. The ex-dividend date is Monday, July 6th. This represents a $1.92 dividend on an annualized basis and a yield of 3.6%. McCormick & Company, Incorporated’s payout ratio is currently 31.95%.

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.