TD Cowen Maintains Hold on McCormick & Co, Lowers Price Target to $73
$MKC
Packaged Foods
Consumer Staples
TD Cowen analyst Robert Moskow maintains McCormick & Co (NYSE:MKC) with a Hold and lowers the price target from $75 to $73.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 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 | |
| 9/22/2023 | $86.00 | Hold | HSBC Securities |
| 9/13/2023 | $87.00 | Market Perform | TD Cowen |
SC 13G/A - MCCORMICK & CO INC (0000063754) (Subject)
SC 13G/A - MCCORMICK & CO INC (0000063754) (Subject)
SC 13G/A - MCCORMICK & CO INC (0000063754) (Subject)
DEFA14A - MCCORMICK & CO INC (0000063754) (Filer)
DEF 14A - MCCORMICK & CO INC (0000063754) (Filer)
8-K - MCCORMICK & CO INC (0000063754) (Filer)
Weston, Missouri, Feb. 04, 2025 (GLOBE NEWSWIRE) -- In step with continued growth and increased consumer demand, the Weston, Missouri-based Holladay Distillery has broken ground on its new Rickhouse D, its fourth in a century of developing the only ironclad rickhouses in the state of Missouri. A giant in Missouri distilling history, Holladay built its first three on-site rickhouses in the early 1900s, 1930, and 1950. Seventy-five years after its last rickhouse, 2025's development will mark Holladay's latest stage of growth in its distilling legacy that dates back to 1856. Holladay's Rickhouse D will be constructed over the course of eight to nine months in partnership with the St. Joseph
HUNT VALLEY, Md., Jan. 28, 2025 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE:MKC), a global leader in flavor, will be presenting at the Consumer Analyst Group of New York (CAGNY) Conference at 4:00 p.m. ET, on February 18, 2025. Representing McCormick will be Brendan Foley, Chairman, President & CEO; and Marcos Gabriel, Executive Vice President & CFO. The presentation will be webcast live via the McCormick website ir.mccormick.com. A replay will be available following the event through the same website. About McCormick McCormick & Company, Incorporated is a global leader in flavor. With over $6.5 billion in annual sales across 150 countries and territories, we manufacture, marke
HUNT VALLEY, Md., Jan. 23, 2025 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE:MKC), a global leader in flavor, today reported financial results for the fourth quarter and fiscal year ended November 30, 2024 and provided its financial outlook for fiscal year 2025. For the fourth quarter, sales increased 3% from the year-ago period and included a 1% benefit from currency. The sales increase was driven by volume. Earnings per share was $0.80 compared to $0.81 in 2023. Adjusted earnings per share was $0.80 compared to $0.85 in 2023.For fiscal year 2024, sales increased 1% from the prior year, with minimal impact from currency. The sales increase was driven by pricing and volume. Earni
4 - MCCORMICK & CO INC (0000063754) (Issuer)
4 - MCCORMICK & CO INC (0000063754) (Issuer)
4 - MCCORMICK & CO INC (0000063754) (Issuer)
HUNT VALLEY, Md., Jan. 23, 2025 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE:MKC), a global leader in flavor, today reported financial results for the fourth quarter and fiscal year ended November 30, 2024 and provided its financial outlook for fiscal year 2025. For the fourth quarter, sales increased 3% from the year-ago period and included a 1% benefit from currency. The sales increase was driven by volume. Earnings per share was $0.80 compared to $0.81 in 2023. Adjusted earnings per share was $0.80 compared to $0.85 in 2023.For fiscal year 2024, sales increased 1% from the prior year, with minimal impact from currency. The sales increase was driven by pricing and volume. Earni
HUNT VALLEY, Md., Jan. 2, 2025 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, is scheduled to conduct a conference call and webcast of its fourth quarter 2024 financial results on Thursday, January 23, 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 l
HUNT VALLEY, Md., Nov. 19, 2024 /PRNewswire/ -- The Board of Directors of McCormick & Company, Incorporated (NYSE:MKC) today declared an increase in the quarterly dividend from $0.42 to $0.45 per share on its common stocks, payable January 13, 2025 to shareholders of record December 30, 2024. This marks the Company's 101st year of continuous dividend payments and the 39th consecutive year it has increased its quarterly dividend. Brendan M. Foley, President & CEO, said "McCormick is a growth company. We are committed to advancing our leadership and our differentiation and creating long-term shareholder value. We are proud to be recognized as a Dividend Aristocrat and I am honored to announce
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
TD Cowen upgraded McCormick from Hold to Buy and set a new price target of $90.00 from $86.00 previously
Jefferies upgraded McCormick from Hold to Buy and set a new price target of $91.00 from $85.00 previously
Citigroup upgraded McCormick from Sell to Neutral and set a new price target of $69.00 from $68.00 previously