FMC (NYSE:FMC – Get Free Report) was upgraded by investment analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a report issued on Saturday.
A number of other brokerages have also commented on FMC. Mizuho dropped their price target on FMC from $21.00 to $20.00 and set an “outperform” rating for the company in a research note on Tuesday, February 17th. Weiss Ratings reissued a “sell (d)” rating on shares of FMC in a research report on Monday, December 29th. UBS Group set a $14.00 price objective on shares of FMC in a report on Friday, February 6th. Royal Bank Of Canada dropped their target price on shares of FMC from $16.00 to $14.00 and set a “sector perform” rating for the company in a research report on Friday, February 6th. Finally, KeyCorp reaffirmed a “sector weight” rating on shares of FMC in a research note on Monday, December 22nd. Two investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Reduce” and an average price target of $19.59.
Check Out Our Latest Report on FMC
FMC Stock Down 1.8%
FMC (NYSE:FMC – Get Free Report) last released its quarterly earnings results on Wednesday, February 4th. The basic materials company reported $1.20 EPS for the quarter, missing analysts’ consensus estimates of $1.21 by ($0.01). FMC had a negative net margin of 64.57% and a positive return on equity of 10.10%. The business had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.15 billion. During the same period in the previous year, the company earned $1.79 EPS. The company’s revenue for the quarter was down 11.5% on a year-over-year basis. FMC has set its Q1 2026 guidance at -0.440–0.320 EPS and its FY 2026 guidance at 1.630-1.890 EPS. Sell-side analysts forecast that FMC will post 3.48 earnings per share for the current year.
Insider Transactions at FMC
In other FMC news, Director Michael F. Barry purchased 18,072 shares of the stock in a transaction that occurred on Wednesday, March 4th. The stock was bought at an average cost of $13.83 per share, with a total value of $249,935.76. Following the transaction, the director directly owned 19,634 shares in the company, valued at approximately $271,538.22. The trade was a 1,156.98% increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.67% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On FMC
A number of institutional investors and hedge funds have recently made changes to their positions in the business. Farther Finance Advisors LLC boosted its position in shares of FMC by 4.1% in the 3rd quarter. Farther Finance Advisors LLC now owns 11,291 shares of the basic materials company’s stock worth $380,000 after purchasing an additional 442 shares in the last quarter. Arkadios Wealth Advisors increased its position in FMC by 5.0% during the 3rd quarter. Arkadios Wealth Advisors now owns 21,279 shares of the basic materials company’s stock valued at $716,000 after buying an additional 1,009 shares in the last quarter. Rhumbline Advisers increased its position in FMC by 0.5% during the 3rd quarter. Rhumbline Advisers now owns 293,690 shares of the basic materials company’s stock valued at $9,877,000 after buying an additional 1,406 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in FMC by 201.2% during the second quarter. EverSource Wealth Advisors LLC now owns 5,076 shares of the basic materials company’s stock valued at $212,000 after buying an additional 3,391 shares during the last quarter. Finally, Cary Street Partners Financial LLC boosted its holdings in FMC by 26.0% in the third quarter. Cary Street Partners Financial LLC now owns 18,173 shares of the basic materials company’s stock worth $611,000 after acquiring an additional 3,749 shares in the last quarter. Institutional investors own 91.86% of the company’s stock.
FMC Company Profile
FMC Corporation is a global agricultural sciences company specializing in the development, manufacture and marketing of crop protection products. Its portfolio includes herbicides, insecticides, fungicides and plant nutrition solutions designed to enhance crop yield, quality and sustainability. In addition to core crop protection, FMC delivers solutions for turf management and pest control in urban and industrial environments.
Founded in 1883 as the Bean Spray Pump Company and later known as Food Machinery Corporation, the business adopted the FMC name in 1948 and has since evolved through strategic acquisitions and divestitures.
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