Shares of FMC Corp. (NYSE:FMC) gapped up before the market opened on Tuesday . The stock had previously closed at $47.40, but opened at $47.58. FMC Corp. shares last traded at $48.18, with a volume of 178,659 shares trading hands.

FMC has been the topic of several recent analyst reports. Credit Suisse Group AG reissued a “hold” rating on shares of FMC Corp. in a research report on Monday, June 27th. Jefferies Group reissued a “buy” rating on shares of FMC Corp. in a research report on Thursday, May 19th. Piper Jaffray Cos. reissued a “sell” rating and set a $35.00 price objective (up from $32.00) on shares of FMC Corp. in a research report on Wednesday, May 4th. Nomura reissued a “hold” rating on shares of FMC Corp. in a research report on Tuesday, July 12th. Finally, KeyCorp reissued a “buy” rating on shares of FMC Corp. in a research report on Wednesday, June 29th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and five have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $44.20.

The company has a 50 day moving average price of $47.67 and a 200-day moving average price of $44.08. The stock’s market cap is $6.45 billion.

FMC Corp. (NYSE:FMC) last announced its earnings results on Tuesday, August 2nd. The company reported $0.69 EPS for the quarter, topping the Zacks’ consensus estimate of $0.67 by $0.02. The firm earned $810.30 million during the quarter, compared to the consensus estimate of $889.70 million. During the same quarter in the prior year, the firm posted $0.70 earnings per share. The business’s revenue for the quarter was down 8.7% compared to the same quarter last year. On average, equities analysts forecast that FMC Corp. will post $2.73 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 20th. Shareholders of record on Friday, September 30th will be issued a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a yield of 1.37%.

In other FMC Corp. news, VP Andrea E. Utecht sold 14,388 shares of the business’s stock in a transaction dated Monday, June 13th. The shares were sold at an average price of $48.72, for a total value of $700,983.36. Following the completion of the transaction, the vice president now directly owns 126,738 shares in the company, valued at $6,174,675.36. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

An institutional investor recently raised its position in FMC Corp. stock. I.G. Investment Management LTD. boosted its position in FMC Corp. (NYSE:FMC) by 9.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 277,000 shares of the company’s stock after buying an additional 23,600 shares during the period. I.G. Investment Management LTD. owned about 0.21% of FMC Corp. worth $10,839,000 at the end of the most recent reporting period.

FMC Corporation is a diversified chemical company serving agricultural, consumer and industrial markets. The Company operates through three business segments: FMC Agricultural Solutions, FMC Health and Nutrition, and FMC Lithium. The Company’s FMC Agricultural Solutions segment develops, markets and sells over three classes of crop protection chemicals, including insecticides, herbicides and fungicides.

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