FMC Co. (NYSE:FMC) Shares Bought by Snyder Capital Management L P

Snyder Capital Management L P increased its stake in shares of FMC Co. (NYSE:FMC) by 44.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,304,856 shares of the basic materials company’s stock after acquiring an additional 402,291 shares during the period. FMC comprises 1.3% of Snyder Capital Management L P’s holdings, making the stock its 26th largest position. Snyder Capital Management L P owned approximately 1.05% of FMC worth $63,429,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of FMC. Vanguard Group Inc. lifted its stake in shares of FMC by 1.2% in the 4th quarter. Vanguard Group Inc. now owns 15,291,878 shares of the basic materials company’s stock valued at $743,338,000 after purchasing an additional 180,766 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in shares of FMC by 7.9% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 4,375,911 shares of the basic materials company’s stock worth $212,714,000 after acquiring an additional 321,241 shares in the last quarter. Invesco Ltd. grew its position in shares of FMC by 37.8% during the 4th quarter. Invesco Ltd. now owns 3,559,107 shares of the basic materials company’s stock valued at $173,008,000 after acquiring an additional 977,110 shares during the period. Geode Capital Management LLC increased its stake in shares of FMC by 1.8% in the 4th quarter. Geode Capital Management LLC now owns 2,995,691 shares of the basic materials company’s stock valued at $145,452,000 after purchasing an additional 54,017 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in FMC by 44.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,286,177 shares of the basic materials company’s stock worth $111,131,000 after purchasing an additional 707,727 shares during the period. 91.86% of the stock is owned by institutional investors and hedge funds.

FMC Stock Up 4.0 %

Shares of FMC opened at $40.88 on Friday. The company has a current ratio of 1.64, a quick ratio of 1.24 and a debt-to-equity ratio of 0.67. The firm has a market cap of $5.11 billion, a P/E ratio of 15.03, a price-to-earnings-growth ratio of 1.90 and a beta of 0.83. The company’s 50-day moving average price is $39.20 and its 200 day moving average price is $49.20. FMC Co. has a 12-month low of $32.83 and a 12-month high of $68.72.

FMC (NYSE:FMC) last issued its quarterly earnings data on Tuesday, February 4th. The basic materials company reported $1.79 EPS for the quarter, topping the consensus estimate of $1.65 by $0.14. FMC had a net margin of 8.03% and a return on equity of 9.67%. On average, sell-side analysts forecast that FMC Co. will post 3.48 earnings per share for the current year.

FMC Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 17th. Investors of record on Monday, March 31st were issued a $0.58 dividend. This represents a $2.32 dividend on an annualized basis and a yield of 5.68%. The ex-dividend date of this dividend was Monday, March 31st. FMC’s dividend payout ratio (DPR) is 85.29%.

Insider Buying and Selling at FMC

In related news, insider Ronaldo Pereira purchased 5,600 shares of the business’s stock in a transaction that occurred on Tuesday, March 4th. The shares were purchased at an average cost of $35.77 per share, for a total transaction of $200,312.00. Following the purchase, the insider now directly owns 48,837 shares of the company’s stock, valued at $1,746,899.49. The trade was a 12.95 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Carol Anthony Davidson acquired 6,000 shares of the firm’s stock in a transaction on Wednesday, March 5th. The stock was bought at an average price of $37.33 per share, with a total value of $223,980.00. Following the purchase, the director now directly owns 6,000 shares of the company’s stock, valued at $223,980. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.67% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

FMC has been the subject of several recent analyst reports. BMO Capital Markets cut their price target on shares of FMC from $62.00 to $50.00 and set a “market perform” rating for the company in a report on Wednesday, February 5th. Vertical Research upgraded FMC to a “hold” rating in a report on Wednesday, February 5th. Citigroup increased their target price on FMC from $55.00 to $61.00 and gave the company a “neutral” rating in a report on Wednesday, January 29th. UBS Group cut FMC from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $66.00 to $38.00 in a research report on Friday, February 7th. Finally, Bank of America restated an “underperform” rating and issued a $48.00 price objective (down previously from $61.00) on shares of FMC in a report on Wednesday, February 5th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $48.69.

About FMC

FMC Corporation, an agricultural sciences company, provides crop protection, plant health, and professional pest and turf management products. It develops, markets, and sells crop protection chemicals that includes insecticides, herbicides, and fungicides; and biologicals, crop nutrition, and seed treatment products, which are used in agriculture to enhance crop yield and quality by controlling a range of insects, weeds, and diseases, as well as in non-agricultural markets for pest control.