McCormick & Company, Incorporated (NYSE:MKC) Given New $75.00 Price Target at BNP Paribas Exane

McCormick & Company, Incorporated (NYSE:MKC) had its target price decreased by analysts at BNP Paribas Exane from $83.00 to $75.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The firm presently has an “outperform” rating on the stock. BNP Paribas Exane’s price target would suggest a potential upside of 51.85% from the stock’s current price.

A number of other research analysts have also commented on MKC. TD Cowen lowered their price target on McCormick & Company, Incorporated from $75.00 to $64.00 and set a “buy” rating for the company in a research report on Wednesday, March 25th. Zacks Research cut McCormick & Company, Incorporated from a “hold” rating to a “strong sell” rating in a research note on Monday, March 9th. UBS Group decreased their target price on McCormick & Company, Incorporated from $67.00 to $59.00 and set a “neutral” rating for the company in a report on Friday, March 20th. Stifel Nicolaus dropped their price target on McCormick & Company, Incorporated from $71.00 to $65.00 and set a “hold” rating for the company in a research note on Friday, January 23rd. Finally, HSBC cut their price target on shares of McCormick & Company, Incorporated from $69.00 to $55.00 and set a “hold” rating on the stock in a report on Thursday, March 26th. Six equities research 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. Based on data from MarketBeat.com, McCormick & Company, Incorporated has an average rating of “Hold” and an average price target of $67.00.

McCormick & Company, Incorporated Price Performance

MKC traded down $1.05 during midday trading on Wednesday, hitting $49.39. The stock had a trading volume of 5,087,864 shares, compared to its average volume of 4,146,812. McCormick & Company, Incorporated has a 1 year low of $48.31 and a 1 year high of $82.90. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.28 and a current ratio of 0.70. The business has a fifty day moving average of $63.01 and a 200 day moving average of $65.27. The company has a market cap of $13.26 billion, a P/E ratio of 16.83, a price-to-earnings-growth ratio of 3.15 and a beta of 0.58.

McCormick & Company, Incorporated (NYSE:MKC) last posted its quarterly earnings results on Tuesday, March 31st. The company reported $0.66 EPS for the quarter, topping the consensus estimate of $0.61 by $0.05. McCormick & Company, Incorporated had a net margin of 11.54% and a return on equity of 14.27%. The firm had revenue of $1.87 billion for the quarter, compared to the consensus estimate of $1.79 billion. During the same period last year, the firm posted $0.60 earnings per share. The business’s revenue was up 16.7% compared to the same quarter last year. As a group, equities analysts forecast that McCormick & Company, Incorporated will post 3.07 earnings per share for the current fiscal year.

Insider Transactions at McCormick & Company, Incorporated

In other news, major shareholder Lawrence Erik Kurzius sold 50,000 shares of the firm’s stock in a transaction that occurred on Tuesday, January 13th. The stock was sold at an average price of $67.43, for a total value of $3,371,500.00. Following the completion of the transaction, the insider owned 246,762 shares in the company, valued at $16,639,161.66. This trade represents a 16.85% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Jacques Tapiero sold 5,000 shares of the company’s stock in a transaction on Thursday, February 5th. The stock was sold at an average price of $67.09, for a total value of $335,450.00. Following the completion of the sale, the director directly owned 31,596 shares in the company, valued at approximately $2,119,775.64. The trade was a 13.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 115,000 shares of company stock valued at $7,947,300. Corporate insiders own 10.60% of the company’s stock.

Institutional Trading of McCormick & Company, Incorporated

A number of hedge funds have recently made changes to their positions in MKC. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in McCormick & Company, Incorporated by 2.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 34,678 shares of the company’s stock worth $2,854,000 after acquiring an additional 925 shares in the last quarter. Empowered Funds LLC increased its holdings in shares of McCormick & Company, Incorporated by 19.0% during the first quarter. Empowered Funds LLC now owns 5,903 shares of the company’s stock valued at $486,000 after acquiring an additional 941 shares in the last quarter. Woodline Partners LP raised its position in shares of McCormick & Company, Incorporated by 40.9% in the 1st quarter. Woodline Partners LP now owns 21,334 shares of the company’s stock worth $1,756,000 after purchasing an additional 6,189 shares during the last quarter. Elevation Point Wealth Partners LLC purchased a new position in shares of McCormick & Company, Incorporated in the 2nd quarter worth about $27,000. Finally, Quadrature Capital Ltd bought a new position in McCormick & Company, Incorporated in the 2nd quarter worth about $388,000. 79.74% of the stock is owned by institutional investors.

More McCormick & Company, Incorporated News

Here are the key news stories impacting McCormick & Company, Incorporated this week:

• Positive Sentiment: Q1 beat and revenue growth: MKC reported Q1 EPS of $0.66 vs. $0.61 expected and revenue of $1.87B (up 16.7% YoY), driven by acquisitions, pricing and modest organic growth — evidence of operational momentum. Earnings Call Transcript
• Positive Sentiment: Strategic scale from Unilever foods tie-up: Management and press releases position the combination with Unilever’s foods business as creating a global, flavor-focused company (~$65B combined) with expected cost synergies (management cited ~$600M run-rate) and potential to be accretive to sales growth and adjusted EPS. Merger Announcement
• Neutral Sentiment: Guidance reaffirmed: McCormick reaffirmed its 2026 outlook after the quarter — supportive but not an upgrade, so investors will want confirmation on how the Unilever deal alters longer-term targets and capital allocation. Q1 Release
• Negative Sentiment: Deal structure and investor skepticism: Many investors and some banks say the Unilever transaction (cash + equity, McCormick shareholders to own ~35% of combined co.) looks complex and may not create compelling near-term value — that skepticism pressured both MKC and UL stocks. Analyst Reaction
• Negative Sentiment: Analyst cuts and price-target trims: Ahead of/after the deal, firms (e.g., Barclays, Deutsche Bank) trimmed price targets and expressed caution, signaling near-term downside risk from execution and dilution concerns. DB Expectations Lowered
• Negative Sentiment: Shareholder litigation and fairness probes: Multiple law firms have launched investigations/alerts into whether the merger is fair to McCormick shareholders — a risk that can delay the transaction and add legal/transactional costs. Investor Alert
• Negative Sentiment: Market reaction and technical pressure: The merger announcement triggered sharp selling, driving the stock to new lows and higher trading volume — amplifying downside as investors digest dilution, integration risk and timing. Coverage of Stock Drop

McCormick & Company, Incorporated Company Profile

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.