FMC (NYSE:FMC) Sets New 1-Year Low – Here’s What Happened

FMC Corporation (NYSE:FMC) shares hit a new 52-week low on Friday . The company traded as low as $11.82 and last traded at $11.7840, with a volume of 1154988 shares. The stock had previously closed at $12.19.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on FMC. Royal Bank Of Canada boosted their price objective on shares of FMC from $16.00 to $17.00 and gave the stock a “sector perform” rating in a report on Friday, May 1st. The Goldman Sachs Group boosted their price objective on shares of FMC from $17.00 to $21.00 and gave the stock a “buy” rating in a report on Tuesday, April 14th. Wells Fargo & Company lifted their target price on shares of FMC from $14.00 to $17.00 and gave the stock an “equal weight” rating in a research note on Tuesday, April 21st. Mizuho decreased their target price on shares of FMC from $21.00 to $20.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 17th. Finally, Wall Street Zen downgraded shares of FMC from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Two equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Reduce” and an average target price of $20.46.

FMC Trading Down 4.6%

The company has a debt-to-equity ratio of 1.50, a current ratio of 1.29 and a quick ratio of 0.96. The firm’s 50 day moving average is $15.06 and its 200 day moving average is $14.58. The company has a market capitalization of $1.45 billion, a PE ratio of -0.58, a P/E/G ratio of 0.98 and a beta of 0.35.

FMC (NYSE:FMC) last issued its quarterly earnings data on Wednesday, April 29th. The basic materials company reported ($0.23) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.39) by $0.16. The business had revenue of $762.40 million for the quarter, compared to the consensus estimate of $745.42 million. FMC had a negative net margin of 72.93% and a positive return on equity of 10.53%. The company’s quarterly revenue was down 4.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.18 EPS. FMC has set its FY 2026 guidance at 1.630-1.890 EPS and its Q2 2026 guidance at 0.160-0.260 EPS. As a group, equities analysts predict that FMC Corporation will post 1.69 EPS for the current year.

FMC Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 16th. Shareholders of record on Tuesday, June 30th will be given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend is Tuesday, June 30th. FMC’s payout ratio is presently -1.60%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Root Financial Partners LLC increased its position in FMC by 3,642.9% during the 1st quarter. Root Financial Partners LLC now owns 1,834 shares of the basic materials company’s stock valued at $32,000 after purchasing an additional 1,785 shares during the period. Essential Partners LLC purchased a new stake in shares of FMC in the 1st quarter worth about $43,000. Parallel Advisors LLC grew its position in shares of FMC by 297.2% in the 1st quarter. Parallel Advisors LLC now owns 6,264 shares of the basic materials company’s stock worth $108,000 after buying an additional 4,687 shares during the period. EverSource Wealth Advisors LLC grew its position in shares of FMC by 3,714.8% in the 1st quarter. EverSource Wealth Advisors LLC now owns 9,041 shares of the basic materials company’s stock worth $156,000 after buying an additional 8,804 shares during the period. Finally, Armistice Capital LLC purchased a new stake in shares of FMC in the 3rd quarter worth about $204,000. 91.86% of the stock is owned by hedge funds and other institutional investors.

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.