McCormick & Company Non-Voting

MKC

Market cap $12.6B

Toms Capital Investment Management, an activist U.S. hedge fund, has built a ‌significant stake in McCormick & Co , according to sources familiar with the matter, at a time the U.S. food company is working on a prominent takeover deal.

HUNT VALLEY, Md., May 26, 2026 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, today announced that Cindy Hoots, former Chief Digital Officer & CIO, AstraZeneca PLC, has been appointed to the Board of Directors of McCormick effective June 1, 2026.

McCormick & Company is upgraded to Buy as valuation now offers a solid margin of safety and long-term re-rating potential. Q1 results showed a double-beat, with 16.7% YoY revenue growth driven by the McCormick de Mexico acquisition and positive organic performance. The Unilever food unit deal solidifies MKC's industry leadership, $600M in synergies by year 3, and improved global presence despite near-term leverage.

McCormick & Company is rated 'Buy' due to resilient brands, margin expansion, and a compelling 4% dividend yield at depressed valuations. MKC's planned $45B merger with Unilever's food business is expected to drive 3–5% revenue growth and $600M in run-rate synergies. Despite near-term volume pressures, MKC's pricing power and alignment with health trends support durable growth and expanding operating margins.

Northrop Grumman, Home Depot, and McCormick & Company offer attractive risk/reward after significant underperformance versus the AI-driven market. NOC benefits from defense spending tailwinds, a robust order book, and a 1.7% yield, trading at 21x earnings with high-single-digit EPS growth expected. HD trades below its historical average P/E, maintains resilient guidance, and offers a 3.1% yield, with upside potential as housing stabilizes.

Barron's Oil & Blue Chip Tips for May 2026 highlight 20 stocks, with 11 deemed 'safer' based on free cash flow yields exceeding dividend yields. Top ten by yield are projected to deliver average net gains of 36.08% by May 2027, with risk/volatility 24% below the market average. Zoetis (ZTS), Danaher (DHR), and Accenture (ACN) lead in projected returns, with ZTS estimated to net 60.33% and lower-than-market volatility.

HUNT VALLEY, Md., May 18, 2026  McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, will be participating in Deutsche Bank's annual dbAccess Global Consumer Conference at 4:30 PM CEST/10:30 AM ET, on Tuesday, June 2, 2026.

Even as tech surges, many other sectors in the market are trading at surprisingly attractive prices.

Two $40,000 Charles Perry McCormick Scholarships Awarded to Tempris Harrison from Frederick Douglass High School and Avery Ray from Franklin High School HUNT VALLEY, Md., May 14, 2026 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, announced Tempris Harrison from Frederick Douglass High School and Avery Ray from Franklin High School as the 95th and 96th recipients of its Charles Perry McCormick scholarships, worth $40,000 each over four years.

With the deadlock in the Strait of Hormuz refusing to break, should investors adapt their strategy for a sustained period of high inflation on Wall Street?