Shares of FMC Corporation (NYSE:FMC – Get Free Report) have received a consensus recommendation of “Reduce” from the fourteen research firms that are presently covering the stock, Marketbeat reports. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and two have issued a buy rating on the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $19.9583.
A number of research analysts have weighed in on the stock. UBS Group lifted their price objective on shares of FMC from $14.00 to $17.00 and gave the company a “neutral” rating in a report on Thursday, April 9th. Royal Bank Of Canada cut their price objective on shares of FMC from $17.00 to $14.00 and set a “sector perform” rating for the company in a report on Thursday, June 11th. Citigroup cut their price objective on shares of FMC from $17.00 to $14.00 and set a “neutral” rating for the company in a report on Monday. Vertical Research cut shares of FMC from a “hold” rating to a “sell” rating and set a $14.00 price objective for the company. in a report on Wednesday, April 22nd. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of FMC in a report on Friday, May 29th.
FMC Trading Up 3.7%
FMC (NYSE:FMC – Get Free Report) last issued its earnings results on Wednesday, April 29th. The basic materials company reported ($0.23) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.39) by $0.16. FMC had a negative net margin of 72.93% and a positive return on equity of 10.53%. The firm had revenue of $762.40 million during the quarter, compared to analysts’ expectations of $745.42 million. During the same quarter last year, the company posted $0.18 earnings per share. The firm’s revenue was down 4.1% compared to the same quarter last year. FMC has set its FY 2026 guidance at 1.630-1.890 EPS and its Q2 2026 guidance at 0.160-0.260 EPS. Equities research analysts predict that FMC will post 1.69 earnings per share for the current year.
FMC Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, July 16th. Stockholders of record on Tuesday, June 30th will be given a $0.08 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $0.32 annualized dividend and a dividend yield of 2.7%. FMC’s dividend payout ratio (DPR) is -1.60%.
Institutional Trading of FMC
Several institutional investors have recently modified their holdings of FMC. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of FMC by 11.0% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 51,448 shares of the basic materials company’s stock valued at $2,171,000 after purchasing an additional 5,091 shares during the period. Focus Partners Wealth grew its position in shares of FMC by 137.7% in the first quarter. Focus Partners Wealth now owns 21,427 shares of the basic materials company’s stock valued at $904,000 after purchasing an additional 12,414 shares during the period. State of Tennessee Department of Treasury grew its position in shares of FMC by 45.1% in the second quarter. State of Tennessee Department of Treasury now owns 57,504 shares of the basic materials company’s stock valued at $2,401,000 after purchasing an additional 17,878 shares during the period. Dearborn Partners LLC acquired a new stake in shares of FMC in the third quarter valued at about $747,000. Finally, Inspire Trust Co. N.A. grew its position in shares of FMC by 60.7% in the third quarter. Inspire Trust Co. N.A. now owns 140,000 shares of the basic materials company’s stock valued at $4,708,000 after purchasing an additional 52,900 shares during the period. Institutional investors and hedge funds 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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