<div id="readability-page-1"><p>Neo Ivy Capital Management bought a new position in shares of  McCormick &amp; Company, Incorporated (NYSE:MKC - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 5,281 shares of the company's stock, valued at approximately $400,000.</p><ul><li>What’s on the Thanksgiving Table? A Stock Pick for Every Course</li></ul><p>Several other institutional investors and hedge funds have also made changes to their positions in the company. Capital Analysts LLC purchased a new stake in  McCormick &amp; Company, Incorporated during the 1st quarter worth $26,000.  Bank of Jackson Hole Trust purchased a new position in  McCormick &amp; Company, Incorporated in the 2nd quarter valued at about $25,000.  Zions Bancorporation National Association UT acquired a new stake in shares of  McCormick &amp; Company, Incorporated during the first quarter valued at about $28,000.  Anfield Capital Management LLC increased its position in shares of  McCormick &amp; Company, Incorporated by 161.3% during the second quarter. Anfield Capital Management LLC now owns 392 shares of the company's stock worth $30,000 after acquiring an additional 242 shares during the last quarter.  Finally, Curio Wealth LLC increased its position in shares of  McCormick &amp; Company, Incorporated by 39,900.0% during the second quarter. Curio Wealth LLC now owns 400 shares of the company's stock worth $30,000 after acquiring an additional 399 shares during the last quarter. 79.74% of the stock is currently owned by hedge funds and other institutional investors. </p><h2>Insider Transactions at McCormick &amp; Company, Incorporated</h2><p>In related news, major shareholder Lawrence Erik Kurzius sold 39,014 shares of the business's stock in a transaction dated Tuesday, November 11th. The shares were sold at an average price of $64.54, for a total transaction of $2,517,963.56. The sale was disclosed in a filing with the Securities &amp; Exchange Commission, which is available at this link. Also, CEO Brendan M. Foley sold 57,144 shares of the firm's stock in a transaction dated Wednesday, November 12th. The stock was sold at an average price of $65.56, for a total transaction of $3,746,360.64. Following the completion of the transaction, the chief executive officer directly owned 108,652 shares in the company, valued at $7,123,225.12. This represents a 34.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 146,158 shares of company stock valued at $9,557,324. Insiders own  23.80% of the company's stock. </p><h2>Wall Street Analysts Forecast Growth</h2><ul><li>Why McCormick Stock Could Soar After Durables Data Surprise</li></ul><p>A number of brokerages recently commented on MKC. Jefferies Financial Group reduced their price target on McCormick &amp; Company, Incorporated from $84.00 to $78.00 and set a &#34;buy&#34; rating for the company in a report on Wednesday, October 8th. Wall Street Zen raised McCormick &amp; Company, Incorporated from a &#34;sell&#34; rating to a &#34;hold&#34; rating in a research report on Saturday, October 11th. UBS Group reduced their target price on McCormick &amp; Company, Incorporated from $71.00 to $70.00 and set a &#34;neutral&#34; rating for the company in a research note on Wednesday, October 8th. Barclays decreased their price target on shares of McCormick &amp; Company, Incorporated from $82.00 to $72.00 and set an &#34;equal weight&#34; rating for the company in a research report on Wednesday, October 8th. Finally, Stifel Nicolaus dropped their price target on shares of McCormick &amp; Company, Incorporated from $76.00 to $71.00 and set a &#34;hold&#34; rating for the company in a research note on Wednesday, October 8th. Four equities research analysts have rated the stock with a Buy rating and seven have assigned  a Hold rating to the company. According to data from MarketBeat.com, the stock  has an average rating of &#34;Hold&#34; and a consensus price target of $78.22.</p><p><b>View Our Latest Stock Report on MKC</b></p><h2>McCormick &amp; Company, Incorporated Price Performance</h2><ul><li>3 Defensive Stocks Analysts Are Bullish on to Kick Off the Year</li></ul><p>Shares of NYSE MKC opened at $68.12 on Friday. The company has a current ratio of 0.71, a quick ratio of 0.29 and a debt-to-equity ratio of 0.54. The company has a market capitalization of $18.28 billion, a price-to-earnings ratio of 23.57, a price-to-earnings-growth ratio of 3.74 and a beta of 0.61. McCormick &amp; Company, Incorporated has a twelve month low of $63.15 and a twelve month high of $86.24. The business has a 50 day simple moving average of $66.03 and a 200-day simple moving average of $70.13. </p><p>McCormick &amp; Company, Incorporated (NYSE:MKC - Get Free Report) last announced its quarterly earnings data on Tuesday, October 7th. The company reported $0.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.82 by $0.03. The firm had revenue of $1.72 billion for the quarter, compared to analysts' expectations of $1.71 billion. McCormick &amp; Company, Incorporated had a return on equity of 14.30% and a net margin of 11.46%.The firm's revenue for the quarter was up 2.7% on a year-over-year basis. During the same period last year, the business posted $0.83 earnings per share.  McCormick &amp; Company, Incorporated has set its FY 2025 guidance at 3.000-3.050 EPS. As a group, equities research analysts expect that  McCormick &amp; Company, Incorporated will post 3.07 earnings per share for the current year. </p><h2>McCormick &amp; Company, Incorporated Increases Dividend</h2><p>The firm also recently declared a quarterly dividend, which will be paid on Monday, January 12th. Stockholders of record on Monday, December 29th will be issued a $0.48 dividend. This is a boost from McCormick &amp; Company, Incorporated's previous quarterly dividend of $0.45. The ex-dividend date of this dividend is Monday, December 29th. This represents a $1.92 annualized dividend and a dividend yield of 2.8%. McCormick &amp; Company, Incorporated's dividend payout ratio (DPR) is presently 66.44%. </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>2 Fintech Stocks to Buy Now and 1 to Avoid</li><li>MP Materials Stock Soared After Earnings—Here’s the Real Reason</li><li>How to Use the MarketBeat Stock Screener </li><li>Why Palantir Slide May Be a Setup for a Long-Term Opportunity</li><li>What Does a Gap Up Mean in Stocks? How to Play the Gap</li><li>Attention Income Investors: This REIT Is on Sale</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 reporting and unbiased coverage. 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 Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Neo Ivy Capital Management acquired 5,281 shares of McCormick & Company, valued at $400,000, during Q2. Other institutional investors also adjusted their positions. Insider sales included major shareholder Lawrence Erik Kurzius and CEO Brendan M. Foley. Analysts have mixed ratings, with a consensus 'Hold' and a price target of $78.22. McCormick's stock opened at $68.12, with a market cap of $18.28 billion.</p>

Neo Ivy Capital Management Takes Position in McCormick & Company, Incorporated $MKC