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Harvey Partners LLC Increases Stake in Scotts Miracle-Gro
Institutional investor boosts position in lawn and garden products company
Mar. 16, 2026 at 11:24am
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Harvey Partners LLC, an investment management firm, increased its stake in The Scotts Miracle-Gro Company (NYSE:SMG) by 3.2% during the third quarter, according to a recent SEC filing. The firm now owns 471,500 shares of the basic materials company, making it one of Scotts Miracle-Gro's largest institutional investors.
Why it matters
Scotts Miracle-Gro is a leading manufacturer and distributor of consumer lawn and garden products, with a portfolio of well-known brands like Scotts, Miracle-Gro, and Ortho. The company's performance is closely watched by investors as an indicator of consumer demand for lawn and gardening products.
The details
According to the filing, Harvey Partners LLC acquired an additional 14,657 shares of Scotts Miracle-Gro during the third quarter, increasing its total position to 471,500 shares. This represents approximately 0.82% of the company's outstanding shares. The investment firm cited the company's strong brand recognition and growth potential as reasons for the increased stake.
- The filing covers the third quarter of 2026.
- Harvey Partners LLC acquired the additional shares during the third quarter.
The players
Harvey Partners LLC
An investment management firm that has increased 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 a portfolio of well-known brands.
The takeaway
The increased stake by Harvey Partners LLC in Scotts Miracle-Gro suggests the investment firm sees growth potential in the company's lawn and garden products business, which could signal broader consumer demand in this sector.
