ScottsMiracle-Gro (SMG)

• Market cap: $2.89B
• 1 day: -5.90%
• 5 days: -7.49%
• 1 month: -8.22%
• 3 months: -29.94%
• 6 months: -43.11%
• Year to date: -23.33%
• 1 year: -26.50%
• 5 years: -59.38%
• 10 years: -21.90%
• 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 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

64% more call options, than puts

Call options by funds: $67.4M | Put options by funds: $41.1M

9% less first-time investments, than exits

New positions opened: 74 | Existing positions closed: 81

2.8% less ownership

Funds ownership: 76.56% [Q3] → 73.76% (-2.8%) [Q4]

3% less funds holding

Funds holding: 459 [Q3] → 443 (-16) [Q4]

25% less capital invested

Capital invested by funds: $3.74B [Q3] → $2.81B (-$934M) [Q4]

35% less repeat investments, than reductions

Existing positions increased: 117 | Existing positions reduced: 181

100% less funds holding in top 10

Funds holding in top 10: 1 [Q3] → 0 (-1) [Q4]

Research analyst outlook

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

• Low target: $55 9% upside
• Avg. target: $66 31% upside
• High target: $70 39% upside

5 analyst ratings

• positive: 4 80%
• neutral: 1 20%
• negative: 0 0%

UBS Peter Grom 42% 1-year accuracy 13 / 31 met price target	9% upside $55	Neutral Maintained	17 Apr 2025
Wells Fargo Chris Carey 43% 1-year accuracy 22 / 51 met price target	29% upside $65	Overweight Maintained	16 Apr 2025
Jefferies Jonathan Matuszewski 25% 1-year accuracy 2 / 8 met price target	37% upside $69	Buy Upgraded	7 Apr 2025
Truist Securities Bill Chappell 18% 1-year accuracy 7 / 38 met price target	39% upside $70	Buy Upgraded	2 Apr 2025
Stifel W. Andrew Carter 33% 1-year accuracy 12 / 36 met price target	39% upside $70	Buy Upgraded	4 Mar 2025