TechnipFMC (NYSE:FTI) CEO Douglas Pferdehirt Sells 733,424 Shares

TechnipFMC plc (NYSE:FTI) CEO Douglas Pferdehirt sold 733,424 shares of the firm’s stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $62.24, for a total value of $45,648,309.76. Following the transaction, the chief executive officer owned 2,411,852 shares of the company’s stock, valued at $150,113,668.48. This represents a 23.32% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

TechnipFMC Stock Down 0.8%

Shares of FTI opened at $64.38 on Thursday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.13 and a quick ratio of 0.89. The stock has a market capitalization of $25.75 billion, a price-to-earnings ratio of 27.87, a price-to-earnings-growth ratio of 1.20 and a beta of 0.70. TechnipFMC plc has a 1 year low of $22.11 and a 1 year high of $68.29. The business’s 50 day simple moving average is $57.72 and its 200-day simple moving average is $47.04.

TechnipFMC (NYSE:FTI) last posted its earnings results on Thursday, February 19th. The oil and gas company reported $0.70 earnings per share for the quarter, beating analysts’ consensus estimates of $0.51 by $0.19. TechnipFMC had a net margin of 9.70% and a return on equity of 31.14%. The firm had revenue of $2.52 billion during the quarter, compared to analyst estimates of $2.54 billion. During the same period last year, the firm posted $0.54 earnings per share. TechnipFMC’s revenue for the quarter was up 6.3% compared to the same quarter last year. As a group, equities analysts expect that TechnipFMC plc will post 1.63 earnings per share for the current fiscal year.

TechnipFMC Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Tuesday, March 17th will be paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend is Tuesday, March 17th. TechnipFMC’s dividend payout ratio (DPR) is presently 8.66%.

TechnipFMC News Summary

Here are the key news stories impacting TechnipFMC this week:

• Positive Sentiment: Zacks highlights a chart “hammer” pattern and improving earnings estimate revisions for FTI, suggesting the stock may have found near-term support and could be poised for a reversal. Here’s Why FMC Technologies (FTI) Looks Ripe for Bottom Fishing
• Positive Sentiment: Zacks also profiles FTI as a strong growth candidate based on style scores (earnings growth, momentum measures), which could attract growth-oriented buyers if momentum resumes. Here’s Why FMC Technologies (FTI) is a Strong Growth Stock
• Neutral Sentiment: A broader Zacks momentum screener piece lists high-momentum names; it is a market-context item rather than company-specific news, so its immediate impact on FTI is unclear. 3 High-Momentum Stocks Poised for Big Gains Right Now
• Negative Sentiment: Large, coordinated insider sales by multiple senior executives are the most market-moving item: CEO Douglas Pferdehirt sold 733,424 shares (~$45.65M at ~$62.24), CFO Alf Melin sold ~127,275 shares across filings (~$7.9M), EVP Justin Rounce sold 172,276 shares (~$10.7M), EVP Luana Duffe sold 47,951 shares (~$3.0M), insider Jonathan Landes sold 116,194 shares (~$7.23M), and CAO David Light sold 6,622 shares (~$413k). These transactions materially reduced insider holdings (many >20–50% reductions) and are likely weighing on sentiment. SEC filings: CEO Filing CFO Filings Luana Duffe Filing Jonathan Landes Filing Justin Rounce Filing David Light Filing

Institutional Trading of TechnipFMC

Several institutional investors have recently added to or reduced their stakes in the company. DUTCH ASSET Corp bought a new position in shares of TechnipFMC during the fourth quarter valued at approximately $657,000. Corient Private Wealth LLC lifted its stake in shares of TechnipFMC by 95.7% during the 4th quarter. Corient Private Wealth LLC now owns 14,326 shares of the oil and gas company’s stock worth $641,000 after acquiring an additional 7,004 shares during the last quarter. Astoria Portfolio Advisors LLC. purchased a new position in TechnipFMC during the 4th quarter valued at $197,000. Dorsey Wright & Associates bought a new position in TechnipFMC in the 4th quarter valued at $5,467,000. Finally, Compound Planning Inc. grew its position in TechnipFMC by 17.8% in the 4th quarter. Compound Planning Inc. now owns 10,417 shares of the oil and gas company’s stock valued at $464,000 after acquiring an additional 1,573 shares during the last quarter. Institutional investors own 96.58% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently commented on FTI shares. BMO Capital Markets increased their price target on shares of TechnipFMC from $52.00 to $67.00 and gave the company a “market perform” rating in a report on Monday, February 23rd. The Goldman Sachs Group raised their price objective on TechnipFMC from $55.00 to $66.00 and gave the company a “buy” rating in a research note on Wednesday, March 4th. Royal Bank Of Canada lifted their target price on TechnipFMC from $47.00 to $70.00 and gave the stock an “outperform” rating in a report on Friday, February 20th. UBS Group set a $70.00 target price on TechnipFMC in a research report on Friday, February 20th. Finally, Zacks Research upgraded TechnipFMC from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 23rd. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, TechnipFMC has a consensus rating of “Moderate Buy” and an average target price of $58.47.

TechnipFMC Company Profile

TechnipFMC is an integrated oilfield services and technology company that designs, manufactures and delivers systems and services for the energy industry. The company’s activities span the full lifecycle of oil and gas projects, with capabilities in subsea production systems, surface wellhead and intervention equipment, and onshore/offshore engineering and construction. TechnipFMC combines engineering and project management with fabrication, installation and maintenance services to help operators develop and produce hydrocarbon resources.

Its product and service portfolio includes subsea hardware such as trees, manifolds, umbilicals, risers and flowlines, as well as surface equipment for drilling, completions and well intervention.