McCormick & Company, Incorporated (NYSE:MKC) Stock Has Consensus Price Target of $59.80 According to Analysts

01 Oct 2026, 07:44 by Tristan Rich · The Markets Daily

Shares of McCormick & Company, Incorporated (NYSE:MKC – Get Free Report) have been given a consensus recommendation of “Hold” by the thirteen brokerages that are currently covering the stock, Marketbeat.com reports. Eight research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $59.80.

A number of research firms have recently commented on MKC. Deutsche Bank Aktiengesellschaft cut their target price on McCormick & Company, Incorporated from $60.00 to $59.00 and set a “buy” rating on the stock in a research report on Monday, September 21st. Weiss Ratings upgraded McCormick & Company, Incorporated from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, August 5th. Barclays lowered their target price on shares of McCormick & Company, Incorporated from $57.00 to $55.00 and set an “equal weight” rating on the stock in a research report on Friday, June 26th. Jefferies Financial Group reduced their price target on shares of McCormick & Company, Incorporated from $64.00 to $62.00 and set a “buy” rating for the company in a research report on Thursday, June 4th. Finally, Sanford C. Bernstein lowered their price objective on shares of McCormick & Company, Incorporated from $77.00 to $68.00 and set an “outperform” rating on the stock in a research report on Friday, June 26th.

View Our Latest Report on MKC

McCormick & Company, Incorporated Price Performance

Shares of NYSE:MKC opened at $46.33 on Friday. The company’s fifty day moving average price is $51.96 and its 200 day moving average price is $50.88. McCormick & Company, Incorporated has a 12 month low of $44.82 and a 12 month high of $72.41. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.78 and a quick ratio of 0.39. The firm has a market capitalization of $12.46 billion, a P/E ratio of 7.71, a P/E/G ratio of 1.95 and a beta of 0.64.

McCormick & Company, Incorporated Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, October 26th. Investors of record on Tuesday, October 13th will be given a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 4.1%. The ex-dividend date is Tuesday, October 13th. McCormick & Company, Incorporated’s payout ratio is 31.95%.

Insider Buying and Selling

In other McCormick & Company, Incorporated news, major shareholder Lawrence Kurzius sold 205,538 shares of the stock in a transaction that occurred 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 directly owned 296,992 shares of the company’s stock, valued at approximately $15,648,508.48. This trade represents a 40.90% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 10.60% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On McCormick & Company, Incorporated

Several large investors have recently modified their holdings of MKC. QRG Capital Management Inc. lifted its holdings in shares of McCormick & Company, Incorporated by 3.6% during the second quarter. QRG Capital Management Inc. now owns 8,302 shares of the company’s stock worth $419,000 after purchasing an additional 292 shares during the period. Sequoia Financial Advisors LLC increased its stake in McCormick & Company, Incorporated by 78.1% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 10,729 shares of the company’s stock valued at $541,000 after buying an additional 4,705 shares during the period. Tidal Investments LLC increased its stake in McCormick & Company, Incorporated by 71.9% in the 2nd quarter. Tidal Investments LLC now owns 61,954 shares of the company’s stock valued at $3,124,000 after buying an additional 25,922 shares during the period. National Pension Service purchased a new position in McCormick & Company, Incorporated during the 2nd quarter worth $1,726,000. Finally, NewEdge Advisors LLC raised its position in McCormick & Company, Incorporated by 110.5% during the 2nd quarter. NewEdge Advisors LLC now owns 45,868 shares of the company’s stock worth $2,313,000 after buying an additional 24,076 shares during the last quarter. Hedge funds and other institutional investors own 79.74% of the company’s stock.

McCormick & Company, Incorporated Company Profile

(Get Free Report)

McCormick & Company, Incorporated is a global producer and marketer of spices, herbs, seasonings, condiments, sauces and other flavor products. The company sells branded products to consumers through grocery stores, e-commerce channels and other retail outlets, while also supplying customized flavor solutions, ingredients and seasonings to food manufacturers, restaurants and foodservice operators.