mccormick & company, incorporated (nyse: mkc) is a global leader in flavor and one of the most respected and familiar names in the industry. in business for more than 125 years, mccormick manufactures, markets and distributes spices, seasoning mixes, condiments and other flavorful products to the entire food industry—retail outlets, food manufacturers and food service businesses. the mccormick name represents a trusted source of flavor in millions of kitchens around the globe—in homes and in restaurants. partnerships with farmers and suppliers around the world allow us to provide great-tasting, quality spices with year-over-year consistency that you can trust. no exceptions. our herbs and spices come from 40 different countries, while our brands reach consumers in more than 135 countries and territories. our passion for quality is matched only by our commitment to an innovative and energetic company culture. at mccormick, we believe in respect, recognition, inclusion and collaborat
![McCormick & Co., Inc. - Ordinary Shares logo](/files/LOGO/63754-MKC.png)
Company profile
Ticker
MKC, MKC.V
Exchange
Website
CEO
Lawrence Kurzius
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
MCCORMICK & CO
SEC CIK
Corporate docs
Subsidiaries
Billy Bee Honey Products Company • Botanical Food Company • Botanical Food Company, Inc. • Brand Aromatics, Inc • CFCFlavor Holdings SA DE C.V. • The Cholula Food Company LLC • FONA International, LLC • The French's Food Company LLC • The French's Food Company, Inc. • McCormick Foods India Private Limited ...
IRS number
520408290
MKC stock data
Latest filings (excl ownership)
10-Q
2024 Q2
Quarterly report
27 Jun 24
8-K
Results of Operations and Financial Condition
27 Jun 24
8-K
Departure of Directors or Certain Officers
26 Jun 24
8-K
Departure of Directors or Certain Officers
21 May 24
8-K
Submission of Matters to a Vote of Security Holders
1 Apr 24
10-Q
2024 Q1
Quarterly report
26 Mar 24
8-K
Results of Operations and Financial Condition
26 Mar 24
ARS
2023 FY
Annual report to shareholders
15 Feb 24
DEFA14A
Additional proxy soliciting materials
15 Feb 24
DEF 14A
Definitive proxy
15 Feb 24
Transcripts
MKC
Earnings call transcript
2024 Q2
27 Jun 24
MKC
Earnings call transcript
2024 Q1
26 Mar 24
MKC
Earnings call transcript
2023 Q4
25 Jan 24
MKC
Earnings call transcript
2023 Q3
3 Oct 23
MKC
Earnings call transcript
2023 Q2
29 Jun 23
MKC
Earnings call transcript
2023 Q2
29 Jun 23
MKC
Earnings call transcript
2023 Q1
28 Mar 23
MKC
Earnings call transcript
2022 Q4
26 Jan 23
MKC
Earnings call transcript
2022 Q3
6 Oct 22
MKC
Earnings call transcript
2022 Q2
29 Jun 22
Latest ownership filings
4
Lawrence Erik Kurzius
17 Jul 24
144
Notice of proposed sale of securities
17 Jul 24
4
Brendan M Foley
16 Jul 24
4
Sarah Piper
16 Jul 24
4
Lawrence Erik Kurzius
12 Jul 24
4
Sarah Piper
5 Jul 24
4
Brendan M Foley
5 Jul 24
4
Sarah Piper
18 Jun 24
4
Brendan M Foley
18 Jun 24
11-K
Annual report of employee stock purchases
7 Jun 24
Financial summary
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Diluted EPS |
Annual (USD) | Nov 23 | Nov 22 | Nov 21 | Nov 20 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 166.30 mm | 166.30 mm | 166.30 mm | 166.30 mm | 166.30 mm | 166.30 mm |
Cash burn (monthly) | 3.90 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 7.28 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 159.02 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 40.8 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2024
84.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 902 |
Opened positions | 221 |
Closed positions | 92 |
Increased positions | 276 |
Reduced positions | 273 |
13F shares | Current |
---|---|
Total value | 15.65 tn |
Total shares | 212.89 mm |
Total puts | 763.40 k |
Total calls | 1.03 mm |
Total put/call ratio | 0.7 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 31.12 mm | $2.39 tn |
BLK Blackrock | 19.07 mm | $1.46 tn |
State Farm Mutual Automobile Insurance | 16.72 mm | $1.28 tn |
STT State Street | 15.31 mm | $1.18 tn |
Fundsmith | 12.23 mm | $939.35 bn |
Geode Capital Management | 5.71 mm | $437.58 bn |
BEN Franklin Resources | 4.89 mm | $375.25 bn |
Massachusetts Financial Services | 3.99 mm | $306.41 bn |
Fundsmith Investment Services | 3.26 mm | $250.49 bn |
NTRS Northern Trust | 3.24 mm | $248.50 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
17 Jul 24 | Kurzius Lawrence Erik | Common Stock - Non Voting | Sell | Dispose S | Yes | No | 75 | 25,000 | 1.88 mm | 0 |
15 Jul 24 | Sarah Piper | Phantom Stock Common Stock - Voting | Grant | Acquire A | Yes | No | 72.75 | 31.985 | 2.33 k | 2,237.01 |
15 Jul 24 | Brendan M Foley | Phantom Stock Common Stock - Voting | Grant | Acquire A | Yes | No | 72.75 | 31.986 | 2.33 k | 9,334.329 |
10 Jul 24 | Kurzius Lawrence Erik | Common Stock - Non Voting | Other | Acquire J | Yes | No | 0 | 25,000 | 0.00 | 25,000 |
10 Jul 24 | Kurzius Lawrence Erik | Common Stock - Voting | Other | Dispose J | Yes | No | 0 | 25,000 | 0.00 | 0 |
2 Jul 24 | Brendan M Foley | Phantom Stock Common Stock - Voting | Grant | Acquire A | Yes | No | 70.24 | 33.128 | 2.33 k | 9,302.343 |
News
This McCormick Analyst Is No Longer Bearish; Here Are Top 5 Upgrades For Wednesday
12 Jun 24
Uber To Rally Around 38%? Here Are 10 Top Analyst Forecasts For Wednesday
12 Jun 24
Citigroup Upgrades McCormick & Co to Neutral, Raises Price Target to $69
12 Jun 24
5 Consumer Staples Stocks to Buy for a Stable Portfolio
28 May 24
Press releases
McCormick & Company Releases 2023 Purpose-led Performance Report to Share Progress Towards Long-Term Commitments
5 Jun 24
McCormick & Company to Report 2024 Second Quarter Financial Results on June 27, 2024
30 May 24
McCormick Appoints Valarie Sheppard to Board of Directors
21 May 24
McCormick & Company to Participate in Deutsche Bank's Annual dbAccess Global Consumer Conference
17 May 24
McCormick Honors 2024 Student Unsung Heroes; Awards $105,000 in Total Scholarships
14 May 24