TechnipFMC plc Ordinary Share (NYSE:FTI) was the recipient of unusually large options trading activity on Tuesday. Stock investors purchased 13,828 put options on the company. This represents an increase of approximately 6,955% compared to the typical daily volume of 196 put options.

A number of research analysts recently issued reports on the stock. Barclays reiterated a “hold” rating and set a $32.00 target price on shares of TechnipFMC plc Ordinary Share in a research report on Tuesday, February 27th. ValuEngine downgraded shares of TechnipFMC plc Ordinary Share from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Royal Bank of Canada set a $36.00 target price on shares of TechnipFMC plc Ordinary Share and gave the company a “buy” rating in a research report on Friday, February 23rd. Scotiabank set a $33.00 target price on shares of TechnipFMC plc Ordinary Share and gave the company a “buy” rating in a research report on Wednesday, November 29th. Finally, Societe Generale downgraded shares of TechnipFMC plc Ordinary Share from a “buy” rating to a “hold” rating in a research report on Monday, January 29th. Three analysts have rated the stock with a sell rating, eight have issued a hold rating and twelve have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $32.64.

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Shares of TechnipFMC plc Ordinary Share (FTI) opened at $30.13 on Thursday. The company has a market cap of $14,150.00 and a price-to-earnings ratio of -37.66. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.21 and a current ratio of 1.31. TechnipFMC plc Ordinary Share has a one year low of $24.53 and a one year high of $35.00.

TechnipFMC plc Ordinary Share (NYSE:FTI) last announced its quarterly earnings results on Wednesday, February 21st. The oil and gas company reported $0.20 EPS for the quarter, missing the Zacks’ consensus estimate of $0.44 by ($0.24). The business had revenue of $3.68 billion for the quarter, compared to the consensus estimate of $3.85 billion. TechnipFMC plc Ordinary Share had a net margin of 2.14% and a return on equity of 6.05%. The business’s revenue for the quarter was down 15.9% compared to the same quarter last year. During the same quarter last year, the firm posted $0.35 EPS. equities research analysts forecast that TechnipFMC plc Ordinary Share will post 1.32 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 4th. Shareholders of record on Tuesday, March 20th will be paid a dividend of $0.13 per share. The ex-dividend date is Monday, March 19th. This represents a $0.52 dividend on an annualized basis and a yield of 1.73%. TechnipFMC plc Ordinary Share’s dividend payout ratio (DPR) is presently -65.00%.

In other news, Director Richard A. Pattarozzi sold 18,500 shares of the business’s stock in a transaction that occurred on Friday, March 9th. The shares were sold at an average price of $30.83, for a total value of $570,355.00. Following the transaction, the director now owns 80,581 shares in the company, valued at approximately $2,484,312.23. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Richard G. Alabaster sold 12,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 6th. The stock was sold at an average price of $30.01, for a total transaction of $360,120.00. Following the completion of the transaction, the insider now owns 54,028 shares in the company, valued at approximately $1,621,380.28. The disclosure for this sale can be found here. Insiders sold a total of 47,150 shares of company stock worth $1,429,809 in the last 90 days. Corporate insiders own 0.86% of the company’s stock.

Several hedge funds and other institutional investors have recently bought and sold shares of FTI. California State Teachers Retirement System bought a new stake in shares of TechnipFMC plc Ordinary Share in the 2nd quarter worth $1,553,000. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. grew its stake in shares of TechnipFMC plc Ordinary Share by 6.5% in the 3rd quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 68,037 shares of the oil and gas company’s stock worth $1,900,000 after acquiring an additional 4,165 shares in the last quarter. State of Wisconsin Investment Board grew its stake in shares of TechnipFMC plc Ordinary Share by 6.2% in the 3rd quarter. State of Wisconsin Investment Board now owns 617,837 shares of the oil and gas company’s stock worth $17,250,000 after acquiring an additional 35,957 shares in the last quarter. American Century Companies Inc. grew its stake in shares of TechnipFMC plc Ordinary Share by 1.9% in the 3rd quarter. American Century Companies Inc. now owns 170,820 shares of the oil and gas company’s stock worth $4,769,000 after acquiring an additional 3,146 shares in the last quarter. Finally, Swiss National Bank grew its stake in shares of TechnipFMC plc Ordinary Share by 1.1% in the 3rd quarter. Swiss National Bank now owns 1,633,104 shares of the oil and gas company’s stock worth $45,596,000 after acquiring an additional 18,000 shares in the last quarter. Hedge funds and other institutional investors own 66.68% of the company’s stock.

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TechnipFMC plc Ordinary Share Company Profile

FMC Technologies, Inc is a global provider of technology solutions for the energy industry. The Company designs, manufactures and services a range of systems and products, including subsea production and processing systems, surface wellhead production systems, high pressure fluid control equipment, measurement solutions and marine loading systems.

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