$SMG

Hagedorn Partnership, L.P. sold 30,000 shares of SCOTTS MIRACLE-GRO CO (SMG) at an average of $67.45 ($67.42–$68.16, $2.02M total) across 2 trades on 2026-08-03.

Scotts Miracle-Gro (SMG) shares rose 1.8% pre-open after the company held Investor Day 2026 and set mid-range targets for FY2027-2029, including 2% to 4% average annual net sales growth, adjusted EPS growth of 5% to 8%, and free cash flow above $275 million. Stifel raised its FY2026 EPS estimate to $4.44 and lifted its price target to $76.

President Donald Trump promoted Scotts Miracle-Gro in the Oval Office, saying it did the White House lawn “for free” and would replace grass on 700 acres of DC parks. The company is a public Ohio-based lawn and garden products firm. Scotts Miracle-Gro previously said it would contribute $1 million to the National Park Service for lawn restoration after a June event.

Strategic Shift and Operational Progress Management is executing a fundamental shift toward 'SMG 2.0,' prioritizing quality earnings and margin expansion over aggressive volume growth to ensure sustainable long-term value. The company deliberately exited approximately $100 million in low-margin commodity mulch and soil sales to reallocate resources toward high-margin branded products.

Scotts Miracle-Gro shares rose 1.4% pre-open after the company reported fiscal Q3 EPS of $2.82 versus $2.48 consensus, with revenue of $1.17B in line. It updated FY2026 EPS guidance to $4.30 to $4.45 and declared a $0.66 quarterly dividend payable Sept. 4. The report was the first under new CEO Nate Baxter.

SCOTTS MIRACLE-GRO CO (SMG) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 exhibit991q3f26newsrelease.htm EXHIBIT 99.1 Document Exhibit 99.1 The Scotts Miracle-Gro Company NEWS ScottsMiracle-Gro Reports Third Quarter Results; Updates Full-Year Outlook Reflecting Accelerated EPS Growth Company raises its full-year non-GAAP adjusted EPS from con

SCOTTS MIRACLE-GRO CO (SMG) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. EX-10.2 2 exhibit102smg2026-07x018xk.htm EX-10.2 Document Exhibit 10.2 SEPARATION AGREEMENT NOTICE: READ BEFORE YOU SIGN! This agreement contains a RELEASE. We advise that you consult an ATTORNEY. THIS SEPARATION AGREEMENT AND RELEASE OF ALL CLAIMS (“ Agreement ”) is made and ent

Stifel reiterated a Buy rating on Scotts Miracle-Gro (SMG) but cut its price target to $75 from $76 on June 8, citing updated FY2026–FY2028 estimates after the company’s update. Scotts reaffirmed FY2026 guidance, though branded point-of-sale data showed slower May sales. UBS lowered its objective to $63 from $70 and kept Neutral, citing softer demand, weather, weaker spending, and higher input costs.

The article highlights GAMCO Investors’ (Mario Gabelli) dividend stock screen from its Q1 2026 13F, focusing on names with recent catalysts. It cites Lincoln Electric (LECO): DA Davidson initiated Buy, $320 target; Q1 2026 sales rose ~12% to $1.121B, but margins fell. It also covers Scotts Miracle-Gro (SMG): Stifel Buy, $75; UBS cut to $63 Neutral.

The NYSE issued a pre-market advisory announcing that Brazilian Fintech AGI (NYSE: AGBK) will open for trade after raising $240 million in its IPO. Additionally, Scotts Miracle-Gro (NYSE: SMG) is set to celebrate its 30th anniversary by ringing the closing bell, with CFO Mark Scheiwer and Chief Gardening Officer Martha Stewart in attendance. Markets are reported to be higher, with the DOW closing above 50,000 for the third straight session, as traders await the delayed January Jobs Report.