McCormick & Company, Incorporated (NYSE:MKC) Updates FY 2026 Earnings Guidance

McCormick & Company, Incorporated (NYSE:MKC) issued an update on its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 3.050-3.130 for the period, compared to the consensus earnings per share estimate of 3.090. The company issued revenue guidance of $7.7 billion-$8.0 billion, compared to the consensus revenue estimate of $7.9 billion.

McCormick & Company, Incorporated Trading Up 4.7%

MKC opened at $49.83 on Thursday. The firm has a market capitalization of $13.39 billion, a price-to-earnings ratio of 8.18, a price-to-earnings-growth ratio of 2.34 and a beta of 0.65. The company’s 50 day simple moving average is $48.55 and its two-hundred day simple moving average is $58.13. McCormick & Company, Incorporated has a 1-year low of $44.82 and a 1-year high of $78.16. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.76 and a quick ratio of 0.36.

McCormick & Company, Incorporated (NYSE:MKC) last announced its quarterly earnings data on Thursday, June 25th. The company reported $0.80 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.11. McCormick & Company, Incorporated had a return on equity of 13.29% and a net margin of 23.12%.The business’s revenue for the quarter was up 16.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.69 EPS. McCormick & Company, Incorporated has set its FY 2026 guidance at 3.050-3.130 EPS. Analysts expect that McCormick & Company, Incorporated will post 3.09 EPS for the current fiscal year.

McCormick & Company, Incorporated Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 20th. Investors of record on Monday, July 6th will be given a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 3.9%. The ex-dividend date is Monday, July 6th. McCormick & Company, Incorporated’s dividend payout ratio (DPR) is presently 31.48%.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the stock. TD Cowen decreased their target price on shares of McCormick & Company, Incorporated from $75.00 to $64.00 and set a “buy” rating on the stock in a report on Wednesday, March 25th. UBS Group decreased their price objective on McCormick & Company, Incorporated from $53.00 to $51.00 and set a “neutral” rating on the stock in a report on Tuesday, June 2nd. BTIG Research initiated coverage on McCormick & Company, Incorporated in a research note on Tuesday, April 14th. They set a “neutral” rating for the company. Stifel Nicolaus decreased their price target on McCormick & Company, Incorporated from $65.00 to $55.00 and set a “hold” rating on the stock in a research note on Wednesday, April 1st. Finally, Sanford C. Bernstein reduced their price objective on shares of McCormick & Company, Incorporated from $85.00 to $77.00 and set an “outperform” rating on the stock in a report on Tuesday, March 24th. Six investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $61.90.

Insider Activity

In other McCormick & Company, Incorporated news, Director Gavin Hattersley purchased 2,000 shares of McCormick & Company, Incorporated stock in a transaction dated Friday, April 10th. The shares were acquired at an average price of $52.98 per share, with a total value of $105,960.00. Following the completion of the transaction, the director owned 2,906 shares of the company’s stock, valued at $153,959.88. This trade represents a 220.75% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 10.60% of the company’s stock.

Key McCormick & Company, Incorporated News

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

• Positive Sentiment: McCormick beat quarterly earnings estimates, reporting $0.80 EPS versus consensus of $0.69, while revenue rose 16.7% year over year. Article Title
• Positive Sentiment: The company also topped sales and profit estimates, helped by strong demand for spices and seasonings as more consumers cook at home amid economic uncertainty. Article Title
• Positive Sentiment: McCormick said it is continuing to benefit from higher sales during its integration work with Unilever’s food business, and it reaffirmed its 2026 outlook, which can reassure investors about near-term execution. Article Title
• Neutral Sentiment: The company declared a quarterly dividend of $0.48 per share, reinforcing its income profile, though this is not likely the main driver of the stock’s move today. Article Title

Institutional Trading of McCormick & Company, Incorporated

A number of large investors have recently modified their holdings of MKC. Motiv8 Investments LLC acquired a new position in McCormick & Company, Incorporated during the 4th quarter worth $28,000. Zions Bancorporation National Association UT increased its stake in shares of McCormick & Company, Incorporated by 340.0% during the fourth quarter. Zions Bancorporation National Association UT now owns 462 shares of the company’s stock worth $31,000 after buying an additional 357 shares during the period. MUFG Securities EMEA plc acquired a new stake in McCormick & Company, Incorporated in the second quarter valued at approximately $56,000. Headlands Technologies LLC purchased a new position in McCormick & Company, Incorporated in the second quarter worth approximately $64,000. Finally, Sunbelt Securities Inc. grew its holdings in McCormick & Company, Incorporated by 78.5% during the 4th quarter. Sunbelt Securities Inc. now owns 1,021 shares of the company’s stock worth $70,000 after acquiring an additional 449 shares in the last quarter. Hedge funds and other institutional investors own 79.74% of the company’s stock.

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.