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McCormick & Co., Inc [MKC] Investment Appeal on the Rise

McCormick & Co., Inc’s recently made public that its Chief Growth Officer Jenkins Katherine unloaded Company’s shares for reported $0.58 million on May 12 ’25. In the deal valued at $76.38 per share,7,642 shares were sold. As a result of this transaction, Jenkins Katherine now holds 0 shares worth roughly $0.0.

Then, Repas Gregory sold 2,750 shares, generating $223,905 in total proceeds. Upon selling the shares at $81.42, the V.P. & Controller now owns 2,266 shares.

Before that, Kurzius Lawrence Erik sold 50,000 shares. McCormick & Co., Inc shares valued at $4,090,300 were divested by the Director at a price of $81.81 per share. As a result of the transaction, Kurzius Lawrence Erik now holds 247,437 shares, worth roughly $18.41 million.

Argus downgraded its McCormick & Co., Inc [MKC] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including TD Cowen’s analysts, who increased its forecast for the stock in early January from “a Hold” to “a Buy”. Jefferies also remained covering MKC and has increased its forecast on December 09, 2024 with a “Buy” recommendation from previously “Hold” rating. Citigroup revised its rating on June 12, 2024. It rated MKC as “a Neutral” which previously was an “a Sell”.

Price Performance Review of MKC

On Monday, McCormick & Co., Inc [NYSE:MKC] saw its stock fall -1.33% to $74.40. Over the last five days, the stock has lost -2.73%. McCormick & Co., Inc shares have fallen nearly -2.41% since the year began. Nevertheless, the stocks have fallen -0.31% over the past one year. While a 52-week high of $86.24 was reached on 03/10/25, a 52-week low of $66.88 was recorded on 01/13/25.

How much short interest is there in McCormick & Co., Inc?

A steep rise in short interest was recorded in McCormick & Co., Inc stocks on 2025-04-30, dropping by -0.24 million shares to a total of 5.68 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-31 was 5.93 million shares. There was a decline of -4.28%, which implies that there is a negative sentiment for the stock.

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