Peregrine Capital Management LLC Invests $4.80 Million in The Scotts Miracle-Gro Company $SMG

Posted by on Jul 2nd, 2026

Peregrine Capital Management LLC purchased a new stake in The Scotts Miracle-Gro Company (NYSE:SMG – Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 79,000 shares of the basic materials company’s stock, valued at approximately $4,804,000.

Other institutional investors have also recently bought and sold shares of the company. Key Capital Management INC acquired a new position in Scotts Miracle-Gro during the 4th quarter worth $29,000. Caitong International Asset Management Co. Ltd bought a new position in Scotts Miracle-Gro in the 3rd quarter valued at $32,000. SBI Securities Co. Ltd. increased its stake in shares of Scotts Miracle-Gro by 127.9% in the 4th quarter. SBI Securities Co. Ltd. now owns 889 shares of the basic materials company’s stock valued at $52,000 after buying an additional 499 shares during the period. Aster Capital Management DIFC Ltd acquired a new stake in shares of Scotts Miracle-Gro in the 4th quarter valued at $53,000. Finally, Hantz Financial Services Inc. raised its position in shares of Scotts Miracle-Gro by 64.9% during the fourth quarter. Hantz Financial Services Inc. now owns 963 shares of the basic materials company’s stock worth $56,000 after acquiring an additional 379 shares during the last quarter. Institutional investors own 74.07% of the company’s stock.

Scotts Miracle-Gro Stock Up 0.8%

Shares of Scotts Miracle-Gro stock opened at $68.65 on Thursday. The business has a fifty day simple moving average of $61.84 and a 200 day simple moving average of $62.87. The stock has a market cap of $3.99 billion, a PE ratio of 38.35 and a beta of 1.81. The Scotts Miracle-Gro Company has a 12 month low of $52.00 and a 12 month high of $72.35.

Scotts Miracle-Gro (NYSE:SMG – Get Free Report) last released its earnings results on Wednesday, April 29th. The basic materials company reported $4.53 earnings per share for the quarter, beating the consensus estimate of $3.97 by $0.56. Scotts Miracle-Gro had a negative return on equity of 79.61% and a net margin of 3.27%.The firm had revenue of $1.46 billion for the quarter, compared to analyst estimates of $1.41 billion. During the same quarter in the prior year, the firm posted $3.98 earnings per share. The company’s quarterly revenue was up 2.7% on a year-over-year basis. Analysts expect that The Scotts Miracle-Gro Company will post 4.3 EPS for the current fiscal year.

Scotts Miracle-Gro Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Friday, May 22nd were given a $0.66 dividend. This represents a $2.64 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date was Friday, May 22nd. Scotts Miracle-Gro’s dividend payout ratio (DPR) is currently 147.49%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on SMG shares. Wall Street Zen lowered Scotts Miracle-Gro from a “buy” rating to a “hold” rating in a research note on Saturday, June 6th. Jefferies Financial Group reiterated a “buy” rating and issued a $79.00 price objective on shares of Scotts Miracle-Gro in a research report on Wednesday, April 29th. JPMorgan Chase & Co. cut Scotts Miracle-Gro from an “overweight” rating to a “neutral” rating and dropped their price objective for the stock from $70.00 to $67.00 in a report on Thursday, March 26th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Scotts Miracle-Gro in a research note on Monday, May 4th. Finally, Wells Fargo & Company dropped their price target on shares of Scotts Miracle-Gro from $75.00 to $72.00 and set an “overweight” rating for the company in a research note on Wednesday, April 8th. Four research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $72.67.

View Our Latest Stock Report on SMG

Scotts Miracle-Gro Company Profile

(Free Report)

Scotts Miracle-Gro Company is a leading developer, manufacturer and distributor of consumer lawn and garden products. The firm serves both retail and professional customers through an array of branded offerings that include lawn fertilizers, grass seed, pest and disease control solutions, plant foods and specialty products for indoor and outdoor gardening. Its portfolio spans well-known names such as Scotts®, Miracle-Gro®, Ortho® and various hydroponic and specialty garden brands.

Headquartered in Marysville, Ohio, the company traces its roots to O.M.

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Institutional Ownership by Quarter for Scotts Miracle-Gro (NYSE:SMG)

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