McCormick Expands Stake in Mexican Subsidiary

The latest update is out from McCormick & Company ( (MKC) ).

On August 21, 2025, McCormick & Company announced a definitive agreement to acquire an additional 25% ownership in McCormick de Mexico for $750 million, increasing its stake to 75%. This acquisition aims to enhance McCormick’s market leadership in Mexico’s condiment and sauce sector and provides a strategic platform for expansion across Latin America. The transaction is expected to be accretive to McCormick’s net sales, operating margin, and earnings per share in the first year, while leveraging the strong brand loyalty and market presence of McCormick de Mexico.

The most recent analyst rating on (MKC) stock is a Hold with a $74.00 price target. To see the full list of analyst forecasts on McCormick & Company stock, see the MKC Stock Forecast page.

Spark’s Take on MKC Stock

According to Spark, TipRanks’ AI Analyst, MKC is a Neutral.

McCormick & Company’s overall stock score is driven by its strong financial performance and stable profitability, despite technical indicators suggesting bearish momentum. The valuation indicates potential overvaluation, but the dividend yield adds some attractiveness. The earnings call highlights both growth opportunities and challenges, contributing to a balanced outlook.

To see Spark’s full report on MKC stock, click here.

More about McCormick & Company

McCormick & Company Inc. is a global leader in the flavor industry, known for its extensive range of condiments, sauces, spices, and other food products. The company focuses on expanding its market presence, particularly in emerging markets, and is recognized for its strong brand loyalty and innovative flavor solutions.

Average Trading Volume: 2,350,012

Technical Sentiment Signal: Sell

Current Market Cap: $18.53B

For detailed information about MKC stock, go to TipRanks’ Stock Analysis page.