Scotts Miracle-Gro (SMG)

Company Profile

With approximately $4.1 billion in sales, the Company is one of the world's largest marketers of branded consumer products for lawn and garden care. The Company's brands are among the most recognized in the industry. The Company's Scotts®, Miracle-Gro® and Ortho® brands are market-leading in their categories. The Company's wholly-owned subsidiary, The Hawthorne Gardening Company, is a leading provider of nutrients, lighting and other materials used in the indoor and hydroponic growing segment.

Company profile

Ticker

SMG

Exchange

NYSE

Website

www.scottsmiraclegro.com

CEO

James Hagedorn

Incorporated

Ohio

Location

Ohio

Fiscal year end

Sep 30

Sector

Administrative and Support and Waste Management and Remediation Services > Landscaping Services

Industry (SIC)

Agricultural Chemicals

Mosaic • CF Industries • CVR Partners • American Vanguard • China Green Agriculture • Bioceres Crop Solutions • Marrone Bio Innovations • Cibus • Muliang Viagoo Technology • Bion Environmental ...

Former names

SCOTTS COMPANY

SEC CIK

0000825542

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

1868 Ventures LLC • Swiss Farms Products, Inc. • GenSource, Inc. • OMS Investments, Inc. • Scotts Temecula Operations, LLC • Sanford Scientific, Inc. • Scotts Global Services, Inc. • Scotts Live Goods Holdings, Inc. • Scotts Manufacturing Company • Miracle-Gro Lawn Products, Inc. ...

IRS number

311414921

SMG stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Average target

$76.67

Low target

$65.00

High target

$85.00

Latest filings (excl ownership)

View all

Conflict minerals disclosure

10 May 23

ScottsMiracle-Gro Reports Fiscal 2023 Second Quarter Results

3 May 23

8-K

Announces Nate Baxter Joining Executive Team

8 Feb 23

ScottsMiracle-Gro Reports First Quarter Results

1 Feb 23

8-K

Departure of Directors or Certain Officers

27 Jan 23

S-8

Registration of securities for employees

Transcripts

View all

SMG

Earnings call transcript

2023 Q2

3 May 23

SMG

Earnings call transcript

2023 Q1

1 Feb 23

SMG

Earnings call transcript

2022 Q4

2 Nov 22

SMG

Earnings call transcript

2022 Q3

3 Aug 22

SMG

Earnings call transcript

2022 Q2

3 May 22

SMG

Earnings call transcript

2022 Q1

1 Feb 22

SMG

Earnings call transcript

2021 Q4

3 Nov 21

SMG

Earnings call transcript

2021 Q3

4 Aug 21

SMG

Earnings call transcript

2021 Q2

5 May 21

SMG

Earnings call transcript

2021 Q1

3 Feb 21

Latest ownership filings

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Notice of proposed sale of securities

Financial summary

Financial statements Chart SMG financial data

Quarter (USD)	Apr 23	Dec 22	Sep 22	Jul 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Sep 22	Sep 21	Sep 20	Sep 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
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)	25.00 mm	25.00 mm	25.00 mm	25.00 mm	25.00 mm	25.00 mm
Cash burn (monthly)	200.00 k	(no burn)	(no burn)	61.37 mm	45.10 mm	(no burn)
Cash used (since last report)	450.03 k	n/a	n/a	138.09 mm	101.48 mm	n/a
Cash remaining	24.55 mm	n/a	n/a	-113.09 mm	-76.48 mm	n/a
Runway (months of cash)	122.7	n/a	n/a	-1.8	-1.7	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q1 2023

SMG institutional ownership history Ownership history

69.9% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	428	416	+2.9%
Opened positions	73	81	-9.9%
Closed positions	61	70	-12.9%
Increased positions	144	154	-6.5%
Reduced positions	135	123	+9.8%

13F shares	Current	Prev Q	Change
Total value	2.74 tn	1.96 tn	+39.3%
Total shares	39.22 mm	40.42 mm	-3.0%
Total puts	2.34 mm	844.90 k	+177.3%
Total calls	1.22 mm	1.32 mm	-7.6%
Total put/call ratio	1.9	0.6	+200.3%

Largest owners	Shares	Value	Change
Kayne Anderson Rudnick Investment Management	4.99 mm	$348.33 bn	+5.0%
Vanguard	4.61 mm	$321.26 bn	+1.3%
BLK Blackrock	4.02 mm	$280.64 bn	+7.4%
Earnest Partners	3.18 mm	$221.45 bn	-4.5%
T. Rowe Price	2.63 mm	$183.56 bn	-21.1%
STT State Street	1.27 mm	$88.30 bn	+4.7%
WFC Wells Fargo & Co.	952.04 k	$66.40 bn	+9.4%
BK Bank Of New York Mellon	736.05 k	$51.33 bn	-0.0%
Fisher Asset Management	704.90 k	$49.24 bn	-3.9%
Empower Advisory	693.52 k	$49.65 bn	NEW

Largest transactions	Shares	Bought/sold	Change
T. Rowe Price	2.63 mm	-702.96 k	-21.1%
Empower Advisory	693.52 k	+693.52 k	NEW
Personal Capital Advisors	0.00	-633.62 k	EXIT
FMR	141.47 k	-528.08 k	-78.9%
Intrinsic Edge Capital Management	417.85 k	+417.85 k	NEW
Qube Research & Technologies	49.40 k	-317.08 k	-86.5%
Candlestick Capital Management	0.00	-315.00 k	EXIT
Citadel Advisors	592.95 k	-312.09 k	-34.5%
MS Morgan Stanley	590.03 k	-277.24 k	-32.0%
BLK Blackrock	4.02 mm	+275.90 k	+7.4%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

SMG insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
26 May 23	Stump Denise	Phantom Stock Common Shares	Grant	Acquire A	No	No	65.53	60.088	3.94 k	13,085.373
26 May 23	Hagedorn James	Phantom Stock Common Shares	Grant	Acquire A	No	No	65.53	2,543.438	166.67 k	168,720.18
12 May 23	Hagedorn James	Common Shares	Sell	Dispose S	No	No	67.3615	14,838	999.51 k	179,899.089
12 May 23	Hagedorn James	Common Shares	Sell	Dispose S	No	No	66.4632	10,162	675.40 k	194,737.089
28 Apr 23	Nathan Eric Baxter	Common Shares	Grant	Acquire A	No	No	66.81	11,226	750.01 k	11,226
28 Apr 23	Nathan Eric Baxter	Stock Option Common Shares	Grant	Acquire A	No	No	66.81	35,212	2.35 mm	35,212