<div id="readability-page-1"><p>Candriam S.C.A. increased its position in  McCormick &amp; Company, Incorporated (NYSE:MKC - Free Report) by 26.7% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 212,228 shares of the company's stock after buying an additional 44,674 shares during the period. Candriam S.C.A. owned about 0.08% of McCormick &amp; Company, Incorporated worth $17,468,000 at the end of the most recent quarter.</p><ul><li>Why McCormick Stock Could Soar After Durables Data Surprise</li></ul><p>Several other hedge funds have also recently made changes to their positions in the business. Capital Analysts LLC purchased a new stake in  McCormick &amp; Company, Incorporated during the first quarter worth $26,000.  Zions Bancorporation National Association UT acquired a new stake in shares of  McCormick &amp; Company, Incorporated in the first quarter valued at about $28,000.  Wayfinding Financial LLC acquired a new position in  McCormick &amp; Company, Incorporated during the first quarter worth about $30,000.  Salem Investment Counselors Inc. boosted its holdings in  McCormick &amp; Company, Incorporated by 610.9% in the 1st quarter. Salem Investment Counselors Inc. now owns 391 shares of the company's stock valued at $32,000 after purchasing an additional 336 shares during the last quarter.  Finally, Ameriflex Group Inc. acquired a new position in shares of  McCormick &amp; Company, Incorporated in the 4th quarter worth approximately $33,000. 79.74% of the stock is currently owned by hedge funds and other institutional investors. </p><h2>McCormick &amp; Company, Incorporated Stock Up 1.1%</h2><p>Shares of NYSE:MKC opened at $69.8120 on Thursday. The company has a current ratio of 0.68, a quick ratio of 0.27 and a debt-to-equity ratio of 0.55. The company has a fifty day simple moving average of $72.31 and a 200 day simple moving average of $75.50. The firm has a market cap of $18.74 billion, a PE ratio of 24.24, a price-to-earnings-growth ratio of 3.32 and a beta of 0.66. McCormick &amp; Company, Incorporated has a 12-month low of $68.23 and a 12-month high of $86.24. </p><ul><li>3 Defensive Stocks Analysts Are Bullish on to Kick Off the Year</li></ul><p>McCormick &amp; Company, Incorporated (NYSE:MKC - Get Free Report) last released its earnings results on Thursday, June 26th. The company reported $0.69 earnings per share for the quarter, beating the consensus estimate of $0.65 by $0.04. The firm had revenue of $1.66 billion during the quarter, compared to analyst estimates of $1.67 billion. McCormick &amp; Company, Incorporated had a net margin of 11.50% and a return on equity of 14.43%. The firm's revenue for the quarter was up 1.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.69 earnings per share.  McCormick &amp; Company, Incorporated has set its FY 2025 guidance at 3.030-3.080 EPS. On average, equities research analysts anticipate that  McCormick &amp; Company, Incorporated will post 3.07 EPS for the current fiscal year. </p><h2>McCormick &amp; Company, Incorporated Dividend Announcement</h2><p>The firm also recently declared a quarterly dividend, which was paid on Monday, July 21st. Shareholders of record on Monday, July 7th were issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend was Monday, July 7th. McCormick &amp; Company, Incorporated's dividend payout ratio  is presently 62.50%. </p><h2>Analysts Set New Price Targets</h2><ul><li>S&amp;P 500 Hitting Resistance: These 3 Stocks Offer the Best Upside</li></ul><p>A number of research firms recently commented on MKC. Wall Street Zen raised shares of McCormick &amp; Company, Incorporated from a &#34;sell&#34; rating to a &#34;hold&#34; rating in a research report on Saturday, July 5th. UBS Group initiated coverage on shares of McCormick &amp; Company, Incorporated in a research note on Monday, June 16th. They issued a &#34;neutral&#34; rating and a $83.00 target price for the company. Citigroup cut their price target on shares of McCormick &amp; Company, Incorporated from $80.00 to $77.00 and set a &#34;neutral&#34; rating for the company in a report on Tuesday, June 17th. JPMorgan Chase &amp; Co. upgraded shares of McCormick &amp; Company, Incorporated from a &#34;neutral&#34; rating to an &#34;overweight&#34; rating and increased their price target for the company from $69.00 to $83.00 in a report on Wednesday. Finally, Stifel Nicolaus cut their price target on shares of McCormick &amp; Company, Incorporated from $82.00 to $76.00 and set a &#34;hold&#34; rating for the company in a report on Tuesday, July 29th. One equities research analyst  has rated the stock with a Strong Buy rating, four have issued  a Buy rating and five have assigned  a Hold rating to the stock. According to MarketBeat.com, the company  has a consensus rating of &#34;Moderate Buy&#34; and a consensus price target of $84.75.</p><p><b>Read Our Latest Research Report on MKC</b></p><h2>McCormick &amp; Company, Incorporated Profile</h2> (Free Report)<p>McCormick &amp; Co, Inc engages in the manufacturing, marketing, and distribution of spices, seasoning mixes, condiments, and other flavorful products to retail outlets, food manufacturers, and foodservice businesses. It operates through the Consumer and Flavor Solutions segments. The Consumer segment sells spices, seasonings, condiments, and sauces.</p><h2>Read More</h2><ul><li>Five stocks we like better than McCormick &amp; Company, Incorporated</li><li>Are These Liquid Natural Gas Stocks Ready For An Upside Bounce?</li><li>Lowe’s Builds Value for Investors: Still a Good Buy in 2025</li><li>What Are Earnings Reports?</li><li>Jackson Hole 2025: Fed’s Signal Could Shift Stocks Fast</li><li>How to Invest in Biotech Stocks</li><li>Rocket Lab Stock: Breakout Brewing or Time for Patience?</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU1LQw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU1LQw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in McCormick &amp; Company, Incorporated Right Now?</h2><p>Before you consider McCormick &amp; Company, Incorporated, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and McCormick &amp; Company, Incorporated wasn't on the list.</p><p>While McCormick &amp; Company, Incorporated currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Candriam S.C.A. increased its position in McCormick & Company, Incorporated (NYSE:MKC - Free Report) by 26.7% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 212,228 shares of the company's stock after buying an additional 44,674 shares during the period.</p>

Candriam S.C.A. Buys 44,674 Shares of McCormick & Company, Incorporated $MKC