Published on 17 Mar 2024 on Simply Wall St. via Yahoo Finance
With 83% ownership of the shares, McCormick & Company, Incorporated (NYSE:MKC) is heavily dominated...
Key Insights
Significantly high institutional ownership implies McCormick's stock price is sensitive to their trading actionsThe top 14 shareholders own 50% of the companyOwnership research along with analyst forecasts data help provide a good understanding of opportunities in a stock
Every investor in McCormick & Company, Incorporated (NYSE:MKC) should be aware of the most powerful shareholder groups. We can see that institutions own the lion's share in the company with 83% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).