Recent Research Analysts’ Ratings Updates for Scotts Miracle-Gro (SMG)

Several brokerages have updated their recommendations and price targets on shares of Scotts Miracle-Gro (NYSE: SMG) in the last few weeks:

• 10/15/2026 – Scotts Miracle-Gro was upgraded by UBS Group AG from “neutral” to “buy”. They now have a $70.00 price target on the stock, down from $78.00.
• 10/6/2026 – Scotts Miracle-Gro was downgraded by Weiss Ratings from “hold (c)” to “hold (c-)”.
• 10/5/2026 – Scotts Miracle-Gro had its price target lowered by Wells Fargo & Company from $77.00 to $60.00. They now have an “overweight” rating on the stock.
• 9/29/2026 – Scotts Miracle-Gro had its price target lowered by Stifel Nicolaus from $76.00 to $75.00. They now have a “buy” rating on the stock.

Scotts Miracle-Gro Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 4th. Shareholders of record on Friday, August 21st were issued a $0.66 dividend. This represents a $2.64 dividend on an annualized basis and a yield of 4.9%. The ex-dividend date of this dividend was Friday, August 21st. Scotts Miracle-Gro’s dividend payout ratio (DPR) is 229.57%.

Insider Activity at Scotts Miracle-Gro

In other Scotts Miracle-Gro news, Director Mark D. Kingdon sold 831 shares of the company’s stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $61.65, for a total transaction of $51,231.15. Following the transaction, the director owned 10,827 shares in the company, valued at approximately $667,484.55. This represents a 7.13% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Stephen L. Johnson sold 1,171 shares of the company’s stock in a transaction that occurred on Thursday, July 30th. The shares were sold at an average price of $68.32, for a total transaction of $80,002.72. Following the sale, the director directly owned 30,179 shares of the company’s stock, valued at approximately $2,061,829.28. This represents a 3.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 32,002 shares of company stock worth $2,154,734 over the last quarter. 24.40% of the stock is owned by corporate insiders.

Scotts Miracle-Gro Company is a consumer-focused lawn and garden products company headquartered in Marysville, Ohio. Founded in 1868, the company develops, manufactures and markets products that help consumers grow and maintain lawns, gardens and outdoor spaces.

Its portfolio includes lawn fertilizers, grass seed, plant foods, gardening products, pest-control solutions and related outdoor-care items. Key consumer brands have included Scotts, Miracle-Gro, Ortho and Tomcat, with products sold through home-improvement retailers, mass merchants, nurseries, garden centers and other distribution channels.

Scotts Miracle-Gro primarily serves customers in the United States and Canada.