McCormick & Company, Incorporated (MKC)

In the past six months, McCormick & Co., Inc. has experienced several notable stock events. As of May 30, 2025, the stock price was $72.34 per share, reflecting a 1.32% increase from June 3, 2024. More recently, as of June 27, 2025, MKC stock had risen by 1.08% over the previous week and 3.20% over the last month, with a 6.91% increase over the past year. The company reported its Q1 2025 and Q2 2025 earnings, showing slight increases in net sales and organic sales growth. McCormick also declared a quarterly dividend of $0.45 per share. In May 2025, the company announced Kasey Jenkins' plan to retire and honored 2025 Unsung Heroes with scholarships. While analysts are forecasting a potential decline in earnings for the upcoming financial report, Deutsche Bank has issued a more optimistic price target for the stock.

McCormick & Co., Inc. experiences demand seasonality, primarily driven by consumer buying patterns in its consumer segment. Sales are typically lower during the first two fiscal quarters, increase in the third quarter, and reach their highest levels in the fourth quarter, coinciding with the holiday season. To meet increased demand during the fourth quarter, McCormick usually builds its inventories during the third quarter of the fiscal year.

McCormick & Co., Inc. is a global leader in the manufacturing, marketing, and distribution of spices, seasoning mixes, condiments, and other flavorful products to the entire food industry. The company operates within the Consumer Defensive sector, specifically in the Processed & Packaged Goods or Packaged Foods industry. McCormick's business is divided into two primary segments: Consumer and Flavor Solutions. The Consumer segment offers a wide array of products marketed under well-known brands, while the Flavor Solutions segment provides seasoning blends, spices and herbs, condiments, coating systems, and compound flavors to multinational food manufacturers and foodservice customers.

McCormick & Co., Inc. has a significant global presence, operating in over 150 countries and territories worldwide. The company has major sales, distribution, and production facilities located in North America, Europe, and China, with additional facilities in Australia, India, and Central America. Its brands are marketed across the Americas, Europe, the Middle East, Africa, China, Australia, and the Asia/Pacific region. Nearly 40% of McCormick's total sales are generated internationally.

McCormick & Co., Inc. has maintained a strong brand reputation, particularly in corporate responsibility and sustainability. The company was recognized by JUST Capital as one of America's Most JUST Companies and by Corporate Knights as a top sustainable corporation. McCormick's commitment to sustainability was further highlighted when its 2050 net-zero science-based target was validated by the Science Based Targets initiative (SBTi). The company is a co-founding member of the Supplier Leadership on Climate Transition (S-LOCT) and aims to source 100% of its branded iconic ingredients sustainably by 2025. McCormick's strong brand equity, built on a loyal customer base, is a cornerstone of its market success, and it was included in Fortune's 2022 Change the World list.

McCormick & Co., Inc. is predominantly owned by institutional investors, who hold between 73.87% and 88.34% of the company's shares. Key institutional owners include Vanguard Group Inc., BlackRock Inc., and State Farm Mutual Automobile Insurance Co. Individual insiders hold a smaller portion, less than 1%. The general public accounts for approximately 17-18% of the ownership.