ScottsMiracle-Gro (SMG)

• Market cap: $3.29B
• 1 day: 2.24%
• 5 days: 11.48%
• 1 month: 25.38%
• 3 months: -4.41%
• 6 months: -16.56%
• Year to date: -4.96%
• 1 year: -9.81%
• 5 years: -56.90%
• 10 years: -3.89%
• Sector: Materials
• Industry: Agricultural Inputs

About: Scotts Miracle-Gro is the largest purveyor of home lawn and gardening products in the US. The business consists of three reporting segments: US consumer, Hawthorne, and other. The US consumer segment consists of a broad range of lawncare products, including grass seed, fertilizer, and lawn-related weed, animal, and disease control. US consumer typically generates the vast majority of companywide revenue and profits. Hawthorne sells indoor gardening and hydroponic equipment, particularly to the cannabis growing industry, while the other segment primarily consists of lawn and gardening products sold in Canada. Its lawncare and gardening products are well-recognized brands in the US, including Scotts, Miracle-Gro, Roundup, Ortho, and Tomcat.

Employees: 5,300

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

303% more call options, than puts

Call options by funds: $163M | Put options by funds: $40.6M

16% more repeat investments, than reductions

Existing positions increased: 163 | Existing positions reduced: 141

3% more first-time investments, than exits

New positions opened: 69 | Existing positions closed: 67

1.06% less ownership

Funds ownership: 73.77% [Q4 2024] → 72.71% (-1.06%) [Q1 2025]

3% less funds holding

Funds holding: 444 [Q4 2024] → 432 (-12) [Q1 2025]

18% less capital invested

Capital invested by funds: $2.81B [Q4 2024] → $2.3B (-$509M) [Q1 2025]

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $54 14% downside
• Avg. target: $66 5% upside
• High target: $70 12% upside

6 analyst ratings

• positive: 5 83%
• neutral: 1 17%
• negative: 0 0%

Wells Fargo Chris Carey 48% 1-year accuracy 25 / 52 met price target	7% upside $67	Overweight Maintained	13 May 2025
JP Morgan Jeffrey Zekauskas 25% 1-year accuracy 10 / 40 met price target	4% upside $65	Overweight Maintained	1 May 2025
UBS Peter Grom 47% 1-year accuracy 14 / 30 met price target	14% downside $54	Neutral Maintained	1 May 2025
Jefferies Jonathan Matuszewski 50% 1-year accuracy 4 / 8 met price target	10% upside $69	Buy Upgraded	7 Apr 2025
Truist Securities Bill Chappell 24% 1-year accuracy 9 / 37 met price target	12% upside $70	Buy Upgraded	2 Apr 2025