In a filing, Scotts Miracle-Gro Company revealed its Director Hagedorn Partnership, L.P. unloaded Company’s shares for reported $1.32 million on May 02 ’25. In the deal valued at $52.87 per share,25,000 shares were sold. As a result of this transaction, Hagedorn Partnership, L.P. now holds 13,344,274 shares worth roughly $909.28 million.
Then, Hagedorn Partnership, L.P. bought 25,000 shares, generating $1,321,846 in total proceeds.
Before that, Hagedorn Partnership, L.P. sold 62,877 shares. Scotts Miracle-Gro Company shares valued at $4,194,192 were divested by the Director at a price of $66.70 per share. As a result of the transaction, Hagedorn Partnership, L.P. now holds 13,369,274 shares, worth roughly $910.98 million.
Stifel downgraded its Scotts Miracle-Gro Company [SMG] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Jefferies’s analysts, who increased its forecast for the stock in early April from “a Hold” to “a Buy”. Truist also remained covering SMG and has increased its forecast on April 02, 2025 with a “Buy” recommendation from previously “Hold” rating. Stifel revised its rating on March 04, 2025. It rated SMG as “a Buy” which previously was an “a Hold”.
Price Performance Review of SMG
On Monday, Scotts Miracle-Gro Company [NYSE:SMG] saw its stock fall -0.58% to $68.14. Over the last five days, the stock has gained 3.65%. Scotts Miracle-Gro Company shares have risen nearly 7.56% since the year began. Nevertheless, the stocks have risen 2.71% over the past one year. While a 52-week high of $93.90 was reached on 01/29/25, a 52-week low of $45.61 was recorded on 04/30/25.
Levels Of Support And Resistance For SMG Stock
The 24-hour chart illustrates a support level at 67.47, which if violated will result in even more drops to 66.80. On the upside, there is a resistance level at 68.93. A further resistance level may holdings at 69.72.
How much short interest is there in Scotts Miracle-Gro Company?
A steep rise in short interest was recorded in Scotts Miracle-Gro Company stocks on 2025-06-13, growing by 0.5 million shares to a total of 4.39 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 3.89 million shares. There was a rise of 11.35%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on December 09, 2024 when Jefferies began covering the stock and recommended ‘”a Hold”‘ rating along with a $72 price target.
