Earnest Partners Reduces Stake in Scotts Miracle-Gro

Investment firm cuts position in lawn and garden products company by 3.9%

Mar. 15, 2026 at 12:04pm

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Earnest Partners LLC, an investment management firm, has reduced its stake in The Scotts Miracle-Gro Company (NYSE:SMG) by 3.9% during the third quarter, according to a recent 13F filing with the SEC. Earnest Partners now owns approximately 3.6 million shares of the basic materials company, making it the 25th largest position in its portfolio.

Why it matters

Scotts Miracle-Gro is a leading developer and distributor of consumer lawn and garden products, with well-known brands like Scotts, Miracle-Gro, and Ortho. The reduction in Earnest Partners' stake could signal a shift in investor sentiment towards the company, which has seen its stock price fluctuate in recent quarters.

The details

According to the 13F filing, Earnest Partners sold 148,305 shares of Scotts Miracle-Gro during the third quarter, reducing its total position to 3,608,593 shares. The investment firm now owns approximately 0.06% of the company's outstanding shares, valued at $205.5 million as of the most recent filing.

  • Earnest Partners reduced its stake in Scotts Miracle-Gro during the 3rd quarter of 2026.

The players

Earnest Partners LLC

An investment management firm that has reduced its stake in The Scotts Miracle-Gro Company.

The Scotts Miracle-Gro Company

A leading developer, manufacturer, and distributor of consumer lawn and garden products, with well-known brands such as Scotts, Miracle-Gro, and Ortho.

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The takeaway

The reduction in Earnest Partners' stake in Scotts Miracle-Gro could signal a shift in investor sentiment towards the company, which has seen its stock price fluctuate in recent quarters. As a leading player in the lawn and garden products industry, Scotts Miracle-Gro's performance is closely watched by investors and analysts.