McCormick & Company Voting (MKC.V)

• Market cap: $21.1B
• 1 day: 0.06%
• 5 days: -1.70%
• 1 month: 2.03%
• 3 months: -5.00%
• 6 months: 14.78%
• Year to date: 13.78%
• 1 year: 17.18%
• 5 years: -53.16%
• 10 years: 2.94%
• Sector: Consumer Staples
• Industry: Miscellaneous Food Preparations & Kindred Products

About: In its 135-year history, McCormick has grown to become the leading global manufacturer, marketer, and distributor of spices, herbs, extracts, seasonings, and other flavorings. Beyond consumers, McCormick's customer base also includes top quick-service restaurants, retail grocery chains, and other packaged food and beverage manufacturers. And its reach is extensive, with nearly 40% of sales generated beyond its home turf to include 150 other countries and territories. In addition to its namesake brand, the firm's portfolio includes Old Bay, Zatarain's, Thai Kitchen, Frank's RedHot, French's, and Cholula, among others.

Employees: 13,800

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

67% more repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 9

28% more capital invested

Capital invested by funds: $84.9M [Q2] → $108M (+$23.5M) [Q3]

0.61% more ownership

Funds ownership: 7.3% [Q2] → 7.91% (+0.61%) [Q3]

3% less funds holding

Funds holding: 60 [Q2] → 58 (-2) [Q3]

33% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 6