There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on April 10, McCormick & Co Inc's Director, Gavin Hattersley, invested $105,960.00 into 2,000 shares of MKC, for a cost per share of $52.98. Bargain hunters tend to pay particular attention to insider buys like this one, because presumably the only reason an insider would take their hard-earned cash and use it to buy stock of their company in the open market, is that they expect to make money. In trading on Wednesday, bargain hunters could buy shares of McCormick & Co Inc (Symbol: MKC) and achieve a cost basis even cheaper than Hattersley, with shares changing hands as low as $52.88 per share. McCormick & Co Inc shares are currently trading down about 0.6% on the day. The chart below shows the one year performance of MKC shares, versus its 200 day moving average:
Looking at the chart above, MKC's low point in its 52 week range is $47.52 per share, with $78.16 as the 52 week high point — that compares with a last trade of $53.45. By comparison, below is a table showing the prices at which MKC insider buying was recorded over the last six months:
| Purchased | Insider | Title | Shares | Price/Share | Value |
|---|---|---|---|---|---|
| 04/10/2026 | Gavin Hattersley | Director | 2,000 | $52.98 | $105,960.00 |
The current annualized dividend paid by McCormick & Co Inc is $1.92/share, currently paid in quarterly installments, and its most recent dividend has an upcoming ex-date of 04/20/2026. Below is a long-term dividend history chart for MKC, which can be of good help in judging whether the most recent dividend with approx. 3.6% annualized yield is likely to continue.
According to the ETF Finder at ETF Channel, MKC makes up 2.66% of the Invesco S&P 500 Equal Weight Consumer Staples ETF (Symbol: RSPS) which is trading lower by about 0.3% on the day Wednesday. (see other ETFs holding MKC).
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
