MCCORMICK & CO INC MKC
COM NON VTG · Common Stock · CUSIP 579780206 · ISIN US5797802064
Spice, herb, and flavoring manufacturing company headquartered in Sparks, Maryland
- SectorConsumer staples
- IndustryMiscellaneous Food Preparations & Kindred Products
- HeadquartersHunt Valley, MD
- Founded1669
- Websitemccormickcorporation.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($111.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $75.66. Options: 17 managers hold calls ($42.3m notional), 19 hold puts ($20.9m).
Trends to Q3 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 910 |
| Q4 2022 | 934 |
| Q1 2023 | 945 |
| Q2 2023 | 968 |
| Q3 2023 | 937 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 396 | 392 |
| Q1 2023 | 430 | 409 |
| Q2 2023 | 357 | 455 |
| Q3 2023 | 368 | 466 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2022 | $17.9m | $24.1m | 1.35 |
| Q1 2023 | $69.5m | $70.1m | 1.01 |
| Q2 2023 | $211.9m | $98.2m | 0.46 |
| Q3 2023 | $42.3m | $20.9m | 0.49 |
Biggest buyers
| BANK OF AMERICA CORP /DE/ | Added | +2.4m |
| TWO SIGMA ADVISERS, LP | New | +558.4k |
| TWO SIGMA INVESTMENTS, LP | Added | +486.1k |
| STATE STREET CORP | Added | +435.6k |
| ACADIAN ASSET MANAGEMENT LLC | Added | +415.3k |
| ENVESTNET ASSET MANAGEMENT INC | Added | +316.2k |
| Invesco Ltd. | Added | +244.2k |
| Point72 Asset Management, L.P. | Added | +229.0k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Added | +212.8k |
| FIRST TRUST ADVISORS LP | Added | +199.2k |
Biggest sellers
| Holocene Advisors, LP | Reduced | -869.3k |
| Balyasny Asset Management L.P. | Reduced | -491.1k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -394.5k |
| WESTWOOD HOLDINGS GROUP INC | Reduced | -388.0k |
| Amundi | Reduced | -275.7k |
| JPMORGAN CHASE & CO | Reduced | -206.3k |
| Man Group plc | Sold out | -191.8k |
| D. E. Shaw & Co., Inc. | Reduced | -176.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Reduced | -163.0k |
| Fundsmith LLP | Reduced | -154.4k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $13.3m175.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $7.4m98.1k shares |
| JANE STREET GROUP, LLC | Reduced | $6.8m90.1k shares |
| WOLVERINE TRADING, LLC | Reduced | $5.5m72.4k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $2.2m28.5k shares |
| Cubist Systematic Strategies, LLC | Reduced | $1.9m24.7k shares |
| TWO SIGMA SECURITIES, LLC | Added | $1.5m19.6k shares |
| SIMPLEX TRADING, LLC | Reduced | $741.0k9.8k shares |
| Paloma Partners Management Co | Added | $673.2k8.9k shares |
| GARDA CAPITAL PARTNERS LP | Reduced | $642.9k8.5k shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $6.2m82.2k shares |
| CAPITAL FUND MANAGEMENT S.A. | New | $4.3m56.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.9m25.2k shares |
| Walleye Capital LLC | Added | $1.3m16.9k shares |
| Walleye Trading LLC | Added | $1.2m15.8k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.1m15.0k shares |
| JANE STREET GROUP, LLC | Reduced | $1.0m13.3k shares |
| Paloma Partners Management Co | New | $892.6k11.8k shares |
| GARDA CAPITAL PARTNERS LP | Reduced | $642.9k8.5k shares |
| TWO SIGMA SECURITIES, LLC | Reduced | $491.7k6.5k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| Kurzius Lawrence Erik 13D · may seek influence -1.9 pts · filed 2026-08-12 | 9.9% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 7.5% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.5% |
Foley Brendan M
13D · may seek influence
new · filed 2026-02-13
Stated purposeSee Item 3 above. The Reporting Person does not have any current plans or proposals which relate to or would result in any transaction, event or action enumerated in paragraphs (a) through (j) of Item 4 of Schedule 13D. Notwithstanding the foregoing, the Reporting Person reserves the right to, and may in the future choose to, change his purpose with respect to his ownership of the shares of Common Stock he now owns and to take such actions as he deems appropriate in light of the circumstances including, without limitation, to acquire additional shares of Common Stock or to dispose of, in any manner permitted by law, all or a portion of the Common Stock which he now owns or may hereafter acquire. Full filing |
5.1% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q3 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2021 | 0 | — | 1 | $524.7k | — |
| Q1 2022 | 0 | — | 5 | $22.1m | — |
| Q2 2022 | 0 | — | 2 | $3.0m | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 3 | $1.2m | — |
| Q1 2023 | 0 | — | 1 | $375.0k | — |
| Q2 2023 | 0 | — | 1 | $3.6m | — |
| Q3 2023 | 0 | — | 3 | $1.4m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-08-21 | MANGAN MICHAEL D Director | Sold | $418.1k5.0k shares |
| 2023-07-28 | Schwartz Jeffery D Vice President, Gen Counsel | Sold | $234.1k2.6k shares |
| 2023-07-26 | Tapiero Jacques Director | Sold | $449.4k5.0k shares |
| 2023-07-21 | Schwartz Jeffery D Vice President, Gen Counsel | Sold | $314.9k3.6k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q3 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.06% of their portfolio | 30.1m $2.3bn | Reduced -100.0k |
| BlackRock Inc. 0.04% of their portfolio | 18.6m $1.4bn | Reduced -34.5k |
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 1.27% of their portfolio | 16.7m $1.3bn | Unchanged |
| Fundsmith LLP 5.26% of their portfolio | 15.3m $1.2bn | Reduced -154.4k |
| STATE STREET CORP 0.06% of their portfolio | 14.1m $1.1bn | Added +435.6k |
| BANK OF AMERICA CORP /DE/ 0.07% of their portfolio | 7.3m $552.3m | Added +2.4m |
| GEODE CAPITAL MANAGEMENT, LLC 0.05% of their portfolio | 5.7m $429.0m | Added +131.2k |
| FRANKLIN RESOURCES INC 0.19% of their portfolio | 4.9m $370.1m | Reduced -2.6k |
| FUNDSMITH INVESTMENT SERVICES LTD. 4.81% of their portfolio | 4.1m $308.8m | Added +1.6k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.10% of their portfolio | 3.8m $286.0m | Reduced -12.9k |
| NORTHERN TRUST CORP 0.05% of their portfolio | 3.4m $260.1m | Added +93.0k |
| MORGAN STANLEY 0.02% of their portfolio | 3.2m $243.6m | Added +169.9k |
| GOLDMAN SACHS GROUP INC 0.05% of their portfolio | 2.5m $186.1m | Reduced -103.6k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 1.90% of their portfolio | 2.2m $168.0m | Added +46.1k |
| Capital Research Global Investors 0.05% of their portfolio | 2.2m $167.5m | Added +1.2k |
| NORGES BANK 0.03% of their portfolio | 2.2m $166.9m | Reduced -74.6k |
| Bank of New York Mellon Corp 0.04% of their portfolio | 2.1m $160.5m | Reduced -51.4k |
| Champlain Investment Partners, LLC 1.01% of their portfolio | 2.1m $156.3m | Reduced -8.8k |
| ProShare Advisors LLC 0.49% of their portfolio | 2.1m $156.0m | Added +33.4k |
| Legal & General Group Plc 0.05% of their portfolio | 1.9m $141.8m | Reduced -48.7k |
| Invesco Ltd. 0.04% of their portfolio | 1.8m $138.3m | Added +244.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.06% of their portfolio | 1.8m $133.9m | Reduced -163.0k |
| WELLS FARGO & COMPANY/MN 0.04% of their portfolio | 1.6m $117.5m | Reduced -66.5k |
| NORDEA INVESTMENT MANAGEMENT AB 0.15% of their portfolio | 1.4m $107.8m | Reduced -57.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio | 1.3m $99.7m | Added +20.0k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 1.2m $94.4m | Added +78.8k |
| FMR LLC 0.01% of their portfolio | 1.1m $83.1m | Reduced -15.3k |
| Amundi 0.03% of their portfolio | 1.1m $65.9m | Reduced -275.7k |
| Williams Jones Wealth Management, LLC. 1.24% of their portfolio | 1.1m $81.0m | Reduced -8.7k |
| CITADEL ADVISORS LLC 0.08% of their portfolio | 947.7k $71.7m | Added +12.6k |
| FIRST TRUST ADVISORS LP 0.08% of their portfolio | 946.8k $71.6m | Added +199.2k |
| Pictet Asset Management Holding SA 0.09% of their portfolio | 937.1k $70.9m | First filing |
| Nuveen Asset Management, LLC 0.02% of their portfolio | 900.3k $68.1m | Added +3.4k |
| Swiss National Bank 0.05% of their portfolio | 807.7k $61.1m | Reduced -98.3k |
| Mawer Investment Management Ltd. 0.31% of their portfolio | 755.6k $57.2m | Reduced -104.0k |
| DEUTSCHE BANK AG\ 0.04% of their portfolio | 730.2k $55.2m | Reduced -19.6k |
| NATIXIS ADVISORS, LLC 0.17% of their portfolio | 723.1k $54.7m | Added +19.5k |
| BLAIR WILLIAM & CO/IL 0.21% of their portfolio | 714.3k $54.0m | Reduced -7.2k |
| BOWEN HANES & CO INC 1.67% of their portfolio | 657.4k $49.7m | Reduced -100.4k |
| CREDIT SUISSE AG/ 0.05% of their portfolio | 657.2k $49.7m | Added +7.6k |
| RAYMOND JAMES & ASSOCIATES 0.04% of their portfolio | 649.9k $49.2m | Reduced -16.5k |
| Sumitomo Mitsui Trust Group, Inc. 0.04% of their portfolio | 648.0k $49.0m | Reduced -7.8k |
| UBS Group AG 0.02% of their portfolio | 644.0k $48.7m | Added +96.7k |
| ACADIAN ASSET MANAGEMENT LLC 0.20% of their portfolio | 641.9k $48.5m | Added +415.3k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 624.9k $47.3m | Reduced -9.3k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 607.8k $46.0m | Reduced -206.3k |
| BARCLAYS PLC 0.03% of their portfolio | 598.5k $45.3m | Added +123.6k |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.13% of their portfolio | 595.6k $45.0m | Reduced -17.8k |
| Corient Private Wealth LP 0.10% of their portfolio | 592.0k $44.8m | Reduced -92.9k |
| TRILLIUM ASSET MANAGEMENT, LLC 1.34% of their portfolio | 589.9k $44.6m | Reduced -3.1k |
| SATURNA CAPITAL CORP 0.75% of their portfolio | 560.0k $42.4m | Unchanged |
| TWO SIGMA ADVISERS, LP 0.11% of their portfolio | 558.4k $42.2m | New |
| Clearbridge Investments, LLC 0.04% of their portfolio | 554.7k $42.0m | Reduced -2.1k |
| SCOPUS ASSET MANAGEMENT, L.P. 1.57% of their portfolio | 547.6k $41.4m | Added +130.1k |
| Norinchukin Bank, The 0.96% of their portfolio | 539.3k $40.8m | Reduced -32.3k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 523.5k $39.6m | Reduced -82.1k |
| TWO SIGMA INVESTMENTS, LP 0.11% of their portfolio | 523.1k $39.6m | Added +486.1k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.06% of their portfolio | 511.0k $38.7m | Added +98.3k |
| Point72 Asset Management, L.P. 0.13% of their portfolio | 485.4k $36.7m | Added +229.0k |
| REIK & CO., LLC 10.54% of their portfolio | 475.5k $36.0m | Reduced -4.3k |
| RHUMBLINE ADVISERS 0.04% of their portfolio | 469.5k $35.5m | Reduced -36.1k |
| ROYAL LONDON ASSET MANAGEMENT LTD 0.11% of their portfolio | 440.3k $33.3m | Added +15.4k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 430.6k $32.6m | Reduced -73.6k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 423.0k $32.0m | Added +316.2k |
| MACQUARIE GROUP LTD 0.04% of their portfolio | 420.6k $31.8m | Added +15.2k |
| Impax Asset Management Group plc 0.14% of their portfolio | 413.4k $31.3m | Reduced -93.6k |
| Natixis Investment Managers International 2.33% of their portfolio | 398.9k $30.2m | Added +760 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.05% of their portfolio | 398.1k $30.1m | Reduced -13.2k |
| Crestwood Advisors Group, LLC 0.78% of their portfolio | 391.9k $29.6m | Reduced -9.7k |
| AMI ASSET MANAGEMENT CORP 1.84% of their portfolio | 391.6k $29.6m | Reduced -5.2k |
| Haverford Trust Co 0.36% of their portfolio | 388.1k $29.4m | Added +15.1k |
| Ensign Peak Advisors, Inc 0.06% of their portfolio | 381.2k $28.8m | Reduced -12.2k |
| JANUS HENDERSON GROUP PLC 0.02% of their portfolio | 380.7k $28.8m | Added +52.4k |
| Aberdeen Group plc 0.07% of their portfolio | 372.2k $28.2m | Added +26.8k |
| ROFFMAN MILLER ASSOCIATES INC /PA/ 2.21% of their portfolio | 368.8k $27.9m | Added +4.3k |
| NOMURA ASSET MANAGEMENT CO LTD 0.13% of their portfolio | 359.3k $27.2m | Added +54.7k |
| National Pension Service 0.04% of their portfolio | 357.7k $27.0m | Added +16.2k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 343.0k $25.9m | Added +22.0k |
| LPL Financial LLC 0.02% of their portfolio | 328.1k $24.8m | Added +25.1k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.05% of their portfolio | 319.6k $24.2m | Added +8.7k |
| AVIVA PLC 0.10% of their portfolio | 313.6k $23.7m | Added +121.1k |
| PNC Financial Services Group, Inc. 0.02% of their portfolio | 311.4k $23.6m | Reduced -9.5k |
| BRADLEY FOSTER & SARGENT INC/CT 0.56% of their portfolio | 308.0k $26.9m | Unchanged |
| Bartlett & Co. LLC 0.41% of their portfolio | 305.2k $23.1m | Reduced -22.3k |
| BARTLETT & CO. WEALTH MANAGEMENT LLC 0.41% of their portfolio | 305.2k $23.1m | Reduced -22.3k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 300.1k $24.4m | Added +4.6k |
| BROWN ADVISORY INC 0.04% of their portfolio | 299.0k $22.6m | Reduced -1.9k |
| HSBC HOLDINGS PLC 0.03% of their portfolio | 298.9k $22.6m | Reduced -14.0k |
| Baird Financial Group, Inc. 0.06% of their portfolio | 296.9k $22.5m | Added +2.9k |
| BNP PARIBAS FINANCIAL MARKETS 0.05% of their portfolio | 293.8k $22.2m | Added +117.8k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 293.1k $22.2m | Added +307 |
| Bahl & Gaynor LLC 0.14% of their portfolio | 287.8k $21.8m | Reduced -4.5k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.03% of their portfolio | 284.2k $21.5m | Reduced -41.5k |
| STOREBRAND ASSET MANAGEMENT AS 0.10% of their portfolio | 281.8k $21.3m | Reduced -5.7k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.05% of their portfolio | 268.9k $20.3m | Added +20 |
| NS Partners Ltd 1.06% of their portfolio | 260.7k $19.7m | Added +444 |
| JLB & ASSOCIATES INC 3.07% of their portfolio | 258.5k $19.6m | Reduced -7.3k |
| Vest Financial, LLC 1.06% of their portfolio | 257.2k $19.5m | Added +108.5k |
| TORONTO DOMINION BANK 0.02% of their portfolio | 254.2k $19.2m | Reduced -11.7k |
| Candlestick Capital Management LP 0.75% of their portfolio | 250.0k $18.9m | Added +100.0k |