FMC Corp. (NYSE:FMC) shares 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 changing hands.

A number of research analysts have recently issued reports on the stock. KeyCorp reiterated a “buy” rating on shares of FMC Corp. in a report on Wednesday, June 29th. Jefferies Group reiterated a “buy” rating on shares of FMC Corp. in a report on Thursday, May 19th. Credit Suisse Group AG reiterated a “hold” rating on shares of FMC Corp. in a report on Monday, June 27th. BMO Capital Markets reiterated a “hold” rating on shares of FMC Corp. in a report on Thursday, May 5th. Finally, Citigroup Inc. lifted their price objective on shares of FMC Corp. from $48.00 to $51.00 and gave the company a “neutral” rating in a report on Friday, July 15th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and five have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $44.20.

The company’s market cap is $6.32 billion. The company has a 50 day moving average of $47.74 and a 200 day moving average of $44.10.

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

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 20th. Investors of record on Friday, September 30th will be paid a $0.165 dividend. This represents a $0.66 annualized dividend and a dividend yield of 1.40%.

In related news, VP Andrea E. Utecht sold 14,388 shares of the 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 approximately $6,174,675.36. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

An institutional investor recently raised its position in FMC Corp. stock. I.G. Investment Management LTD. raised its stake in FMC Corp. (NYSE:FMC) by 9.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm 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 0.21% of FMC Corp. worth $10,839,000 at the end of the most recent quarter.

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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