Y Intercept Hong Kong Ltd Decreases Position in The Scotts Miracle-Gro Company $SMG

Y Intercept Hong Kong Ltd lowered its position in The Scotts Miracle-Gro Company (NYSE:SMG) by 38.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 34,487 shares of the basic materials company’s stock after selling 21,657 shares during the quarter. Y Intercept Hong Kong Ltd owned 0.06% of Scotts Miracle-Gro worth $1,964,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Hunter Associates Investment Management LLC increased its holdings in Scotts Miracle-Gro by 4.2% during the 3rd quarter. Hunter Associates Investment Management LLC now owns 51,173 shares of the basic materials company’s stock valued at $2,922,000 after acquiring an additional 2,044 shares in the last quarter. Covestor Ltd increased its stake in shares of Scotts Miracle-Gro by 201.1% during the 3rd quarter. Covestor Ltd now owns 527 shares of the basic materials company’s stock worth $30,000 after purchasing an additional 352 shares in the last quarter. Root Financial Partners LLC acquired a new position in shares of Scotts Miracle-Gro during the 3rd quarter worth approximately $61,000. Amalgamated Bank lifted its stake in Scotts Miracle-Gro by 2.8% in the 3rd quarter. Amalgamated Bank now owns 20,313 shares of the basic materials company’s stock valued at $1,157,000 after buying an additional 559 shares in the last quarter. Finally, Campbell & CO Investment Adviser LLC acquired a new stake in Scotts Miracle-Gro during the 3rd quarter valued at $1,425,000. 74.07% of the stock is currently owned by hedge funds and other institutional investors.

Scotts Miracle-Gro News Summary

Here are the key news stories impacting Scotts Miracle-Gro this week:

• Positive Sentiment: Q1 results beat expectations — EPS of ($0.77) versus consensus ($1.04) and revenue of $354.4M slightly above estimates; management emphasized progress on profitability in the call. Q1 Press Release / Slide Deck
• Positive Sentiment: New capital-return plans: management unveiled a multi-year share repurchase program to begin in late 2026 and reiterated a healthy quarterly dividend ($0.66 per share; ~4.2% yield), supporting shareholder returns. Scotts Maps Profitable Pivot and Buybacks
• Positive Sentiment: Strategic portfolio move: the company struck a deal to sell Hawthorne (cannabis-supply unit) to Vireo Growth, reducing exposure to a volatile segment and sharpening focus on core consumer lawn & garden markets. Scotts Miracle-Gro Strikes Deal to Sell Cannabis-Supply Unit
• Positive Sentiment: Analyst support: William Blair and other brokers have reiterated bullish views / a Buy rating citing improved strategic focus and valuation. Sharpened Focus and Attractive Valuation Underpin Buy Rating
• Neutral Sentiment: Primary documents and call transcript are available for deeper review (slides and full earnings-call transcript). Investors should review the presentation for segment-level details and timing of the buyback program. Q1 Earnings Call Transcript
• Negative Sentiment: Underlying weakness: revenue declined ~3.3% year-over-year and margins remain thin (net margin ~4.3%); return on equity is deeply negative, reflecting past goodwill/asset writing and continuing profitability pressures. Scotts Reports Q1 Loss, Tops Revenue Estimates
• Negative Sentiment: FY2026 EPS guidance set to $4.15–4.35 — it overlaps Street estimates (~4.28) but does not materially raise the outlook, leaving investors cautious about near-term growth momentum. Q1 Press Release / Guidance

Scotts Miracle-Gro Trading Down 0.7%

SMG stock opened at $62.77 on Thursday. The company has a market cap of $3.64 billion, a PE ratio of 25.94 and a beta of 1.95. The stock has a 50-day moving average price of $58.64 and a two-hundred day moving average price of $59.38. The Scotts Miracle-Gro Company has a 12-month low of $45.61 and a 12-month high of $79.11.

Scotts Miracle-Gro (NYSE:SMG) last released its quarterly earnings data on Wednesday, January 28th. The basic materials company reported ($0.77) earnings per share for the quarter, beating the consensus estimate of ($1.04) by $0.27. Scotts Miracle-Gro had a negative return on equity of 67.74% and a net margin of 4.26%.The business had revenue of $354.40 million for the quarter, compared to analyst estimates of $353.25 million. During the same period in the previous year, the company posted ($0.89) EPS. The company’s revenue was down 3.3% compared to the same quarter last year. Scotts Miracle-Gro has set its FY 2026 guidance at 4.150-4.35 EPS. Equities analysts forecast that The Scotts Miracle-Gro Company will post 3.42 EPS for the current fiscal year.

Scotts Miracle-Gro Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 6th. Stockholders of record on Friday, February 20th will be given a $0.66 dividend. The ex-dividend date of this dividend is Friday, February 20th. This represents a $2.64 annualized dividend and a dividend yield of 4.2%. Scotts Miracle-Gro’s dividend payout ratio is presently 109.09%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. UBS Group boosted their price target on Scotts Miracle-Gro from $61.00 to $66.00 and gave the stock a “neutral” rating in a report on Wednesday, January 14th. Stifel Nicolaus set a $70.00 target price on shares of Scotts Miracle-Gro and gave the company a “buy” rating in a report on Thursday, November 6th. Wall Street Zen cut shares of Scotts Miracle-Gro from a “buy” rating to a “hold” rating in a research note on Saturday, October 25th. Weiss Ratings reissued a “hold (c-)” rating on shares of Scotts Miracle-Gro in a research report on Wednesday, January 21st. Finally, Jefferies Financial Group raised their target price on shares of Scotts Miracle-Gro from $71.00 to $74.00 and gave the stock a “buy” rating in a research report on Wednesday, November 5th. Five analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $70.33.

Scotts Miracle-Gro Company Profile

Scotts Miracle-Gro Company is a leading developer, manufacturer and distributor of consumer lawn and garden products. The firm serves both retail and professional customers through an array of branded offerings that include lawn fertilizers, grass seed, pest and disease control solutions, plant foods and specialty products for indoor and outdoor gardening. Its portfolio spans well-known names such as Scotts®, Miracle-Gro®, Ortho® and various hydroponic and specialty garden brands.

Headquartered in Marysville, Ohio, the company traces its roots to O.M.