Vestcor Inc Sells 14,300 Shares of McCormick & Company, Incorporated $MKC

10 Jun 2026, 12:32 by Mitch Edgeman · The Markets Daily

Vestcor Inc cut its position in shares of McCormick & Company, Incorporated (NYSE:MKC – Free Report) by 74.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 5,018 shares of the company’s stock after selling 14,300 shares during the quarter. Vestcor Inc’s holdings in McCormick & Company, Incorporated were worth $342,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of MKC. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of McCormick & Company, Incorporated by 2.7% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 34,678 shares of the company’s stock worth $2,854,000 after buying an additional 925 shares in the last quarter. Empowered Funds LLC lifted its position in shares of McCormick & Company, Incorporated by 19.0% in the first quarter. Empowered Funds LLC now owns 5,903 shares of the company’s stock valued at $486,000 after buying an additional 941 shares during the last quarter. Woodline Partners LP lifted its position in shares of McCormick & Company, Incorporated by 40.9% in the first quarter. Woodline Partners LP now owns 21,334 shares of the company’s stock valued at $1,756,000 after buying an additional 6,189 shares during the last quarter. Arrowstreet Capital Limited Partnership acquired a new stake in shares of McCormick & Company, Incorporated in the second quarter valued at approximately $6,520,000. Finally, Daiwa Securities Group Inc. lifted its position in shares of McCormick & Company, Incorporated by 6.1% in the second quarter. Daiwa Securities Group Inc. now owns 37,888 shares of the company’s stock valued at $2,873,000 after buying an additional 2,176 shares during the last quarter. 79.74% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on MKC. Jefferies Financial Group cut their price objective on McCormick & Company, Incorporated from $64.00 to $62.00 and set a “buy” rating for the company in a research report on Thursday, June 4th. Zacks Research raised McCormick & Company, Incorporated from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 7th. Stifel Nicolaus cut their price objective on McCormick & Company, Incorporated from $65.00 to $55.00 and set a “hold” rating for the company in a research report on Wednesday, April 1st. Sanford C. Bernstein cut their price objective on McCormick & Company, Incorporated from $85.00 to $77.00 and set an “outperform” rating for the company in a research report on Tuesday, March 24th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of McCormick & Company, Incorporated in a report on Monday, April 27th. Six analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat.com, McCormick & Company, Incorporated presently has a consensus rating of “Hold” and an average target price of $63.36.

Check Out Our Latest Research Report on MKC

Insider Buying and Selling at McCormick & Company, Incorporated

In other news, Director Gavin Hattersley acquired 2,000 shares of the business’s stock in a transaction that occurred on Friday, April 10th. The shares were bought at an average price of $52.98 per share, with a total value of $105,960.00. Following the acquisition, the director directly owned 2,906 shares in the company, valued at $153,959.88. The trade was a 220.75% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. 10.60% of the stock is currently owned by company insiders.

McCormick & Company, Incorporated Trading Up 2.2%

Shares of MKC opened at $48.65 on Wednesday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.36 and a current ratio of 0.76. McCormick & Company, Incorporated has a 52-week low of $44.82 and a 52-week high of $78.16. The firm has a market cap of $13.07 billion, a price-to-earnings ratio of 7.97, a PEG ratio of 2.33 and a beta of 0.65. The business’s fifty day moving average is $49.31 and its 200-day moving average is $59.60.

McCormick & Company, Incorporated (NYSE:MKC – Get Free Report) last released its quarterly earnings data on Tuesday, March 31st. The company reported $0.66 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.05. McCormick & Company, Incorporated had a return on equity of 13.29% and a net margin of 23.12%.The company had revenue of $1.87 billion for the quarter, compared to the consensus estimate of $1.79 billion. During the same quarter last year, the business posted $0.60 EPS. McCormick & Company, Incorporated’s revenue for the quarter was up 16.7% on a year-over-year basis. Equities analysts anticipate 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 was paid on Monday, April 27th. Investors of record on Monday, April 20th were issued a dividend of $0.48 per share. The ex-dividend date of this dividend was Monday, April 20th. This represents a $1.92 annualized dividend and a dividend yield of 3.9%. McCormick & Company, Incorporated’s dividend payout ratio (DPR) is 31.48%.

About McCormick & Company, Incorporated

(Free Report)

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.