McCormick stock falls as UK scrutiny hits Unilever deal
Published on 09/16/2026 at 13:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
McCormick stock (ISIN US5797802064) fell to USD 49.86 on September 15, 2026, down 1.05 percent, with a market value of USD 13.40 billion. Reuters reported on September 16, 2026, that Britain's competition regulator opened an investigation into McCormick's planned acquisition of the majority of Unilever's foods business.
Probe adds a new hurdle
The Reuters report said the watchdog wants to assess whether the deal could reduce competition in UK markets, and that is now the clearest external catalyst for McCormick stock. The move matters because it shifts attention from operating execution to deal risk.
McCormick last reported earnings on June 25, 2026, and MarketBeat said the company posted EPS of USD 0.80, topping the consensus estimate of USD 0.69 by USD 0.11. The same report put quarterly revenue at USD 1.94 billion, up 16.7 percent from the same quarter a year earlier, and listed FY 2026 guidance at EPS of USD 3.050 to USD 3.130.
Hold view stays intact
MarketBeat also said McCormick has a consensus rating of Hold and an average price target of USD 60.00. That target stands about 20.3 percent above the September 15 price of USD 49.86, which leaves room for a rerating if the deal review does not drag on.
For investors, the margin of safety is now tied to both the USD 0.80 quarterly EPS and the USD 3.050 to USD 3.130 full-year guidance range, not just the share price.
Price and valuation
McCormick stock closed at USD 49.86 on September 15, 2026, according to Investing.com data. MarketBeat put the company's market cap at USD 13.40 billion and the stock's beta at 0.64.
McCormick stock key data
- Company: McCormick & Company, Incorporated
- ISIN: US5797802064
- Ticker: MKC
- Trading venue: NYSE
- Price (as of September 15, 2026): USD 49.86
- Market capitalization: USD 13.40 billion
- Sector / Industry: Consumer Staples / Packaged Foods
- Index membership: S&P 500
