A number of firms have modified their ratings and price targets on shares of McCormick & Company, Incorporated (NYSE: MKC) recently:
- 10/9/2026 – McCormick & Company, Incorporated was downgraded by Weiss Ratings from “hold (c-)” to “sell (d+)”.
- 10/2/2026 – McCormick & Company, Incorporated had its “outperform” rating reaffirmed by Sanford C. Bernstein. They now have a $59.00 price target on the stock.
- 10/2/2026 – McCormick & Company, Incorporated had its “hold” rating reaffirmed by TD Cowen. They now have a $48.00 price target on the stock, down from $55.00.
- 10/2/2026 – McCormick & Company, Incorporated had its price target lowered by Barclays PLC from $55.00 to $47.00. They now have an “equal weight” rating on the stock.
- 10/2/2026 – McCormick & Company, Incorporated had its price target lowered by UBS Group AG from $52.00 to $48.00. They now have a “neutral” rating on the stock.
- 10/2/2026 – McCormick & Company, Incorporated had its price target lowered by BNP Paribas Exane from $75.00 to $65.00. They now have an “outperform” rating on the stock.
- 10/2/2026 – McCormick & Company, Incorporated had its price target lowered by Stifel Nicolaus from $55.00 to $48.00. They now have a “hold” rating on the stock.
- 9/21/2026 – McCormick & Company, Incorporated had its price target lowered by Deutsche Bank Aktiengesellschaft from $60.00 to $59.00. They now have a “buy” rating on the stock.
- 9/18/2026 – McCormick & Company, Incorporated had its price target lowered by JPMorgan Chase & Co. from $63.00 to $62.00. They now have an “overweight” rating on the stock.
- 9/14/2026 – McCormick & Company, Incorporated was downgraded by TD Cowen from “buy” to “hold”. They now have a $55.00 price target on the stock, down from $60.00.
McCormick & Company, Incorporated Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Monday, October 26th. Investors of record on Tuesday, October 13th will be given a dividend of $0.48 per share. The ex-dividend date of this dividend is Tuesday, October 13th. This represents a $1.92 annualized dividend and a dividend yield of 4.1%. McCormick & Company, Incorporated’s payout ratio is presently 34.72%.
Insider Transactions at McCormick & Company, Incorporated
In related news, major shareholder Lawrence Kurzius sold 205,538 shares of the company’s stock in a transaction on Monday, August 10th. The stock was sold at an average price of $52.69, for a total transaction of $10,829,797.22. Following the completion of the sale, the insider owned 296,992 shares in the company, valued at approximately $15,648,508.48. This represents a 40.90% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 10.60% of the company’s stock.
McCormick & Company, Incorporated is a global manufacturer and marketer of spices, seasonings, condiments, sauces, and other flavor products. The company serves consumers through grocery, e-commerce, and foodservice channels, while also supplying flavor solutions to food manufacturers and other commercial customers.
Its consumer portfolio includes McCormick spices and seasonings, as well as brands such as French’s, Frank’s RedHot, Lawry’s, OLD BAY, and Gourmet Garden. Its products are used in home cooking, restaurants, and packaged foods across a range of cuisines and meal occasions.
Founded by Willoughby M.
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