Citigroup initiated coverage of McCormick with a rating of Sell and set a new price target of $60.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/16/2025 | $83.00 | Neutral | UBS |
| 3/27/2025 | Buy → Hold | Argus | |
| 1/8/2025 | $86.00 → $90.00 | Hold → Buy | TD Cowen |
| 12/9/2024 | $85.00 → $91.00 | Hold → Buy | Jefferies |
| 6/12/2024 | $68.00 → $69.00 | Sell → Neutral | Citigroup |
| 4/2/2024 | Hold → Buy | Argus | |
| 2/1/2024 | $60.00 | Sell | Citigroup |
| 1/22/2024 | Overweight → Equal Weight | Consumer Edge Research |
10-Q - MCCORMICK & CO INC (0000063754) (Filer)
8-K - MCCORMICK & CO INC (0000063754) (Filer)
11-K - MCCORMICK & CO INC (0000063754) (Filer)
Clearwater Analytics (NYSE:CWAN), the most comprehensive technology platform for investment management, today announced that McCormick & Company (NYSE:MKC) a global leader in flavor, has adopted Clearwater's commercial paper (CP) workflow solution to streamline short-term capital raising and improve oversight of its program. The move comes as higher interest rates and increased issuance volumes push corporations to rethink how they access and manage short-term funding. As of May 2025, U.S. commercial paper outstanding averaged over $1.4 trillion, a 13% year-over-year increase, according to Federal Reserve data, making visibility, pricing, and efficiency more critical than ever. "Amid a
HUNT VALLEY, Md., June 26, 2025 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE:MKC), a global leader in flavor, today reported financial results for the second quarter ended May 31, 2025 and reaffirmed fiscal 2025 outlook. Net Sales increased 1% in the second quarter, driven by volume growth, and included a 1% unfavorable impact from currency. Organic sales growth of 2% was driven by volume.Operating income was $246 million in the second quarter compared to $234 million in the year-ago period. Adjusted operating income was $259 million compared to $236 million in the year-ago period.Earnings per share was $0.65 in the second quarter as compared to $0.68 in the year-ago period. Adju
HUNT VALLEY, Md., June 24, 2025 /PRNewswire/ -- The Board of Directors of McCormick & Company, Incorporated (NYSE:MKC) declared a quarterly dividend of $0.45 per share on its common stocks, payable July 21, 2025 to shareholders of record July 7, 2025. This is the 101st year of consecutive dividend payments by the Company. About McCormick McCormick & Company, Incorporated is a global leader in flavor. With over $6.7 billion in annual sales across 150 countries and territories, we manufacture, market, and distribute herbs, spices, seasonings, condiments and flavors to the entire food and beverage industry including retailers, food manufacturers and foodservice businesses. Our most popular br
UBS initiated coverage of McCormick with a rating of Neutral and set a new price target of $83.00
Argus downgraded McCormick from Buy to Hold
TD Cowen upgraded McCormick from Hold to Buy and set a new price target of $90.00 from $86.00 previously
SC 13G/A - MCCORMICK & CO INC (0000063754) (Subject)
SC 13G/A - MCCORMICK & CO INC (0000063754) (Subject)
SC 13G/A - MCCORMICK & CO INC (0000063754) (Subject)
4 - MCCORMICK & CO INC (0000063754) (Issuer)
4 - MCCORMICK & CO INC (0000063754) (Issuer)
4 - MCCORMICK & CO INC (0000063754) (Issuer)
HUNT VALLEY, Md., May 21, 2024 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE:MKC), a global leader in flavor, today announced that Valarie Sheppard, retired Executive Vice President, Controller and Treasurer of the Procter & Gamble Company (P&G) has been appointed to the Board of Directors of McCormick effective June 1, 2024. Ms. Sheppard brings over 35 years of experience in finance and accounting following a stellar career with P&G. Her expertise includes capital deployment and asset management, business process reengineering, acquisitions and divestures, external
HUNT VALLEY, Md., Jan. 23, 2024 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, today announced that Terry Thomas, Chief Growth Officer of Flowers Foods, Inc. has been appointed to the Board of Directors of McCormick effective January 23, 2024. Mr. Thomas has more than 30 years of domestic and global experience in the CPG industry, spanning across all channels and numerous categories. He brings a deep understanding of the retail landscape with expertise in sales and all key commercial functions. Mr. Thomas is Chief Growth Officer for F
Verification Reinforces McCormick's Commitment to Achieving a Sustainable Future Through Energy Efficiency, Sustainable Agriculture, and Value Chain Engagement HUNT VALLEY, Md., Dec. 11, 2023 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE:MKC), a global leader in flavor, is one of several companies leading the journey to net-zero as it announced today that the Science Based Targets initiative (SBTi) has approved its net-zero science-based target by 2050. "We are proud to have SBTi approve our 2050 net-zero target, but we also realize this is only the first step in a long journey. We have always operated with the mindset that creating a sustainable future is paramount to our continu
HUNT VALLEY, Md., June 26, 2025 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE:MKC), a global leader in flavor, today reported financial results for the second quarter ended May 31, 2025 and reaffirmed fiscal 2025 outlook. Net Sales increased 1% in the second quarter, driven by volume growth, and included a 1% unfavorable impact from currency. Organic sales growth of 2% was driven by volume.Operating income was $246 million in the second quarter compared to $234 million in the year-ago period. Adjusted operating income was $259 million compared to $236 million in the year-ago period.Earnings per share was $0.65 in the second quarter as compared to $0.68 in the year-ago period. Adju
HUNT VALLEY, Md., June 24, 2025 /PRNewswire/ -- The Board of Directors of McCormick & Company, Incorporated (NYSE:MKC) declared a quarterly dividend of $0.45 per share on its common stocks, payable July 21, 2025 to shareholders of record July 7, 2025. This is the 101st year of consecutive dividend payments by the Company. About McCormick McCormick & Company, Incorporated is a global leader in flavor. With over $6.7 billion in annual sales across 150 countries and territories, we manufacture, market, and distribute herbs, spices, seasonings, condiments and flavors to the entire food and beverage industry including retailers, food manufacturers and foodservice businesses. Our most popular br
HUNT VALLEY, Md., May 29, 2025 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, is scheduled to conduct a conference call and webcast of its second quarter 2025 financial results on Thursday June 26, 2025, at 8:00 a.m. Eastern Time. Brendan Foley, Chairman, President & CEO; Marcos Gabriel, Executive Vice President & CFO; and Faten Freiha, Vice President of Investor Relations will be hosting the call. A live audio webcast of the call along with the accompanying presentation materials will be available on the McCormick website ir.mccormick.com. If you are unable to attend the live webcast, the presentation will be archived on the same website. To liste