The Scotts Miracle-Gro Company (SMG) reported fiscal third-quarter net sales of $1.17 billion for the period ended June 27, 2026, up 1% from a year earlier. GAAP net income was $112.2 million, down from $149.1 million in the prior-year quarter, while diluted net income per common share was $1.90.
The company raised its full-year non-GAAP adjusted diluted EPS from continuing operations guidance to $4.30 to $4.45 from its prior range of $4.15 to $4.35. ScottsMiracle-Gro also reaffirmed other elements of its fiscal 2026 outlook.
- GAAP gross margin rate was 31.2%, down 90 basis points from the prior year.
- GAAP net income from continuing operations was $1.75 per diluted share, down 34% from the prior year.
- Non-GAAP adjusted net income from continuing operations was $2.82 per diluted share, up 8% from the prior year.
- Net leverage ratio improved to 3.78x from the prior year.
- The company reaffirmed U.S. Consumer net sales low single-digit growth and free cash flow of $275 million for fiscal 2026.
$SMG Insider Trading Activity
$SMG insiders have traded $SMG stock on the open market 2 times in the past 6 months. Of those trades, 1 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $SMG stock by insiders over the last 6 months:
- PARTNERSHIP, L.P. HAGEDORN sold 50,000 shares for an estimated $3,319,935
- MARK J SCHEIWER (EVP, CFO & CAO) purchased 693 shares for an estimated $49,504
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$SMG Hedge Fund Activity
We have seen 215 institutional investors add shares of $SMG stock to their portfolio, and 153 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ARIEL INVESTMENTS, LLC added 962,642 shares (+inf%) to their portfolio in Q1 2026, for an estimated $58,018,433
- EPOCH INVESTMENT PARTNERS, INC. added 823,183 shares (+inf%) to their portfolio in Q1 2026, for an estimated $49,613,239
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 795,970 shares (+161.1%) to their portfolio in Q1 2026, for an estimated $47,973,111
- FMR LLC added 679,035 shares (+46.4%) to their portfolio in Q1 2026, for an estimated $40,925,439
- ALYESKA INVESTMENT GROUP, L.P. removed 566,285 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $34,129,996
- BALYASNY ASSET MANAGEMENT L.P. removed 537,087 shares (-87.5%) from their portfolio in Q1 2026, for an estimated $32,370,233
- COOPER CREEK PARTNERS MANAGEMENT LLC removed 297,503 shares (-95.0%) from their portfolio in Q1 2026, for an estimated $17,930,505
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
