Park National Corp OH Sells 20,863 Shares of McCormick & Company, Incorporated $MKC

Park National Corp OH lowered its position in McCormick & Company, Incorporated (NYSE:MKC) by 76.3% during the 4th quarter, Holdings Channel reports. The fund owned 6,489 shares of the company’s stock after selling 20,863 shares during the period. Park National Corp OH’s holdings in McCormick & Company, Incorporated were worth $442,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in MKC. Nuance Investments LLC purchased a new stake in McCormick & Company, Incorporated in the third quarter worth $15,388,000. WINTON GROUP Ltd increased its stake in McCormick & Company, Incorporated by 76.9% during the 3rd quarter. WINTON GROUP Ltd now owns 37,500 shares of the company’s stock valued at $2,509,000 after purchasing an additional 16,300 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of McCormick & Company, Incorporated by 3.5% during the third quarter. Envestnet Asset Management Inc. now owns 878,886 shares of the company’s stock valued at $58,806,000 after acquiring an additional 29,418 shares in the last quarter. Cibc World Market Inc. bought a new stake in shares of McCormick & Company, Incorporated in the 3rd quarter worth $3,819,000. Finally, American Century Companies Inc. bought a new stake in McCormick & Company, Incorporated in the 3rd quarter worth about $48,576,000. 79.74% of the stock is currently owned by institutional investors and hedge funds.

Key McCormick & Company, Incorporated News

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

• Positive Sentiment: Potential transformational scale and revenue upside — combining Unilever Foods (brands such as Hellmann’s and Knorr) with McCormick would materially expand MKC’s portfolio and global footprint, creating cost and distribution synergies that investors often reward. WSJ: Unilever in Talks to Separate Food Business and Combine It With McCormick
• Positive Sentiment: McCormick’s strong M&A track record supports belief it could integrate and extract value — the company’s past acquisitions (Frank’s, Cholula, French’s) have become meaningful growth drivers, which makes a larger Unilever foods deal strategically credible. Reuters: From Frank’s to Cholula, McCormick’s decade of deals sets stage for bold Unilever move
• Neutral Sentiment: Talks confirmed but deal not agreed — both Unilever and McCormick acknowledged discussions; timing, structure and terms remain uncertain, so near‑term volatility largely reflects speculation rather than a signed transaction. PR Newswire: McCormick Issues Statement Proactive: Unilever confirms talks with McCormick
• Neutral Sentiment: Recent fundamentals: a modest quarterly EPS miss and FY‑26 guidance range create mixed near‑term earnings visibility—investors will watch how management frames any deal impact on margins/guide. (Company Q report: slight EPS miss; FY2026 guidance 3.050–3.130 EPS.)
• Negative Sentiment: Analyst reaction is weighing on the stock — UBS cut its price target from $67 to $59 and moved to a “neutral” rating, which can trigger selling pressure while investors reassess deal economics and dilution/valuation risks. TickerReport / Benzinga: UBS lowers price target on McCormick
• Negative Sentiment: Execution, integration and financing risks — a large combination raises questions about deal structure (all‑stock), regulatory approvals, integration complexity and possible balance‑sheet implications; until clarity emerges, investor caution may persist.

McCormick & Company, Incorporated Price Performance

Shares of NYSE:MKC opened at $53.30 on Friday. The company has a current ratio of 0.70, a quick ratio of 0.28 and a debt-to-equity ratio of 0.54. The company’s 50 day moving average is $65.14 and its 200 day moving average is $66.17. McCormick & Company, Incorporated has a twelve month low of $52.63 and a twelve month high of $83.15. The company has a market cap of $14.31 billion, a PE ratio of 18.19, a price-to-earnings-growth ratio of 3.15 and a beta of 0.59.

McCormick & Company, Incorporated (NYSE:MKC) last announced its quarterly earnings results on Thursday, January 22nd. The company reported $0.86 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.87 by ($0.01). McCormick & Company, Incorporated had a net margin of 11.54% and a return on equity of 14.27%. The company had revenue of $1.85 billion during the quarter, compared to analyst estimates of $1.84 billion. During the same period in the previous year, the firm posted $0.80 earnings per share. The company’s revenue was up 2.9% compared to the same quarter last year. McCormick & Company, Incorporated has set its FY 2026 guidance at 3.050-3.130 EPS. On average, sell-side analysts forecast that McCormick & Company, Incorporated will post 3.07 EPS for the current year.

Wall Street Analyst Weigh In

MKC has been the subject of a number of research reports. Jefferies Financial Group upped their price objective on McCormick & Company, Incorporated from $74.00 to $81.00 and gave the company a “buy” rating in a research report on Wednesday, February 25th. Sanford C. Bernstein restated an “outperform” rating and set a $87.00 price objective on shares of McCormick & Company, Incorporated in a research report on Thursday, December 11th. JPMorgan Chase & Co. boosted their price target on McCormick & Company, Incorporated from $72.00 to $78.00 and gave the stock an “overweight” rating in a report on Wednesday, February 18th. Stifel Nicolaus decreased their price target on shares of McCormick & Company, Incorporated from $71.00 to $65.00 and set a “hold” rating on the stock in a research note on Friday, January 23rd. Finally, UBS Group reduced their price target on shares of McCormick & Company, Incorporated from $67.00 to $59.00 and set a “neutral” rating on the stock in a research report on Friday. Five investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $73.30.

Insider Activity at McCormick & Company, Incorporated

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

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.