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With 83% Institutional Ownership, McCormick & Company, Incorporated (NYSE:MKC) Is a Favorite Amongst the Big Guns

With 83% Institutional Ownership, McCormick & Company, Incorporated (NYSE:MKC) Is a Favorite Amongst the Big Guns

味好美公司(紐約證券交易所代碼:MKC)擁有 83% 的機構所有權,是大公司中的最愛
Simply Wall St ·  05/21 18:25

Key Insights

關鍵見解

  • Institutions' substantial holdings in McCormick implies that they have significant influence over the company's share price
  • A total of 17 investors have a majority stake in the company with 51% ownership
  • Insiders have been selling lately
  • 機構在麥考密克的大量持股意味着它們對公司的股價有重大影響
  • 共有17名投資者持有該公司的多數股權,所有權爲51%
  • 業內人士最近一直在拋售

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. Put another way, the group faces the maximum upside potential (or downside risk).

味好美公司(紐約證券交易所代碼:MKC)的每位投資者都應該知道最強大的股東群體。我們可以看到,機構擁有該公司的大部分股份,所有權爲83%。換句話說,該集團面臨最大的上行潛力(或下行風險)。

Since institutional have access to huge amounts of capital, their market moves tend to receive a lot of scrutiny by retail or individual investors. As a result, a sizeable amount of institutional money invested in a firm is generally viewed as a positive attribute.

由於機構可以獲得大量資金,因此他們的市場走勢往往會受到散戶或個人投資者的嚴格審查。因此,向公司投資的大量機構資金通常被視爲積極屬性。

In the chart below, we zoom in on the different ownership groups of McCormick.

在下圖中,我們放大了味好美的不同所有權群體。

ownership-breakdown
NYSE:MKC Ownership Breakdown May 21st 2024
紐約證券交易所:MKC 所有權明細 2024 年 5 月 21 日

What Does The Institutional Ownership Tell Us About McCormick?

關於麥考密克,機構所有權告訴我們什麼?

Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices.

許多機構根據近似於當地市場的指數來衡量自己的表現。因此,他們通常會更多地關注主要指數中包含的公司。

As you can see, institutional investors have a fair amount of stake in McCormick. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at McCormick's earnings history below. Of course, the future is what really matters.

如你所見,機構投資者在味好美中擁有相當數量的股份。這意味着在這些機構工作的分析師已經看過這隻股票,他們很喜歡。但是就像其他人一樣,他們可能錯了。如果多家機構同時改變對股票的看法,你可能會看到股價快速下跌。因此,值得在下面查看麥考密克的收益記錄。當然,未來才是真正重要的。

earnings-and-revenue-growth
NYSE:MKC Earnings and Revenue Growth May 21st 2024
紐約證券交易所:MKC收益和收入增長 2024年5月21日

Investors should note that institutions actually own more than half the company, so they can collectively wield significant power. McCormick is not owned by hedge funds. The company's largest shareholder is The Vanguard Group, Inc., with ownership of 12%. For context, the second largest shareholder holds about 7.2% of the shares outstanding, followed by an ownership of 6.3% by the third-largest shareholder.

投資者應注意,機構實際上擁有公司一半以上的股份,因此它們可以共同行使巨大的權力。味好美不歸對沖基金所有。該公司的最大股東是Vanguard Group, Inc.,其所有權爲12%。就背景而言,第二大股東持有約7.2%的已發行股份,其次是第三大股東持有6.3%的所有權。

Looking at the shareholder registry, we can see that 51% of the ownership is controlled by the top 17 shareholders, meaning that no single shareholder has a majority interest in the ownership.

從股東登記冊來看,我們可以看到,51%的所有權由前17名股東控制,這意味着沒有一個股東擁有所有權的多數股東。

While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future.

雖然研究公司的機構所有權數據是有意義的,但研究分析師的情緒以了解風向哪個方向吹來也是有意義的。有相當數量的分析師在報道該股,因此了解他們對未來的總體看法可能很有用。

Insider Ownership Of McCormick

味好美的內部所有權

The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves.

公司內部人員的定義可能是主觀的,並且在不同的司法管轄區之間確實有所不同。我們的數據反映了個人內部人士,至少涵蓋了董事會成員。公司管理層對董事會負責,後者應代表股東的利益。值得注意的是,有時高層管理人員自己也是董事會成員。

I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions.

我通常認爲內部所有權是一件好事。但是,在某些情況下,這使其他股東更難追究董事會對決策的責任。

Our most recent data indicates that insiders own less than 1% of McCormick & Company, Incorporated. As it is a large company, we'd only expect insiders to own a small percentage of it. But it's worth noting that they own US$108m worth of shares. It is always good to see at least some insider ownership, but it might be worth checking if those insiders have been selling.

我們的最新數據顯示,內部人士擁有的味好美公司不到1%的股份。由於它是一家大公司,我們只期望內部人士擁有其中的一小部分。但值得注意的是,他們擁有價值1.08億美元的股票。看到至少有一部分內部所有權總是件好事,但可能值得檢查一下這些內部人士是否一直在出售。

General Public Ownership

一般公有制

The general public-- including retail investors -- own 16% stake in the company, and hence can't easily be ignored. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders.

包括散戶投資者在內的公衆擁有該公司16%的股份,因此不容忽視。這種所有權規模雖然可觀,但如果決策與其他大股東不同步,可能不足以改變公司政策。

Next Steps:

後續步驟:

I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. To that end, you should be aware of the 1 warning sign we've spotted with McCormick .

我覺得看看究竟誰擁有一家公司非常有趣。但是,要真正獲得見解,我們還需要考慮其他信息。爲此,你應該注意我們在麥考密克身上發現的1個警告標誌。

Ultimately the future is most important. You can access this free report on analyst forecasts for the company.

歸根結底,未來是最重要的。您可以訪問這份關於公司分析師預測的免費報告。

NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.

注意:本文中的數字是使用過去十二個月的數據計算得出的,這些數據是指截至財務報表日期當月最後一天的12個月期間。這可能與全年年度報告數據不一致。

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

對這篇文章有反饋嗎?對內容感到擔憂?直接聯繫我們。 或者,給編輯團隊 (at) simplywallst.com 發送電子郵件。
Simply Wall St的這篇文章本質上是籠統的。我們僅使用公正的方法根據歷史數據和分析師的預測提供評論,我們的文章無意作爲財務建議。它不構成買入或賣出任何股票的建議,也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意,我們的分析可能不考慮最新的價格敏感型公司公告或定性材料。簡而言之,華爾街沒有持有任何上述股票的頭寸。

譯文內容由第三人軟體翻譯。


以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
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