FMC Corporation (NYSE:FMC – Get Free Report)’s stock price was up 6.6% during mid-day trading on Wednesday . The company traded as high as $12.06 and last traded at $12.1220. Approximately 342,902 shares changed hands during mid-day trading, a decline of 91% from the average daily volume of 3,903,479 shares. The stock had previously closed at $11.37.
More FMC News
Here are the key news stories impacting FMC this week:
- Neutral Sentiment: FMC announced a regular quarterly dividend of $0.08 per share, payable October 15 to shareholders of record on September 30. While the payout is modest, it signals that management continues to maintain the dividend despite the company’s weak stock performance. FMC Corporation Declares Quarterly Dividend
- Neutral Sentiment: RBC Capital lowered its price target on FMC to $12.00, reinforcing a cautious view from analysts and suggesting limited upside from current levels. Royal Bank Of Canada Lowers FMC (NYSE:FMC) Price Target to $12.00
- Neutral Sentiment: Zacks said FMC is not well positioned for an earnings beat in its upcoming report, pointing to expectations for declining earnings and adding to investor caution ahead of results. Analysts Estimate FMC (FMC) to Report a Decline in Earnings: What to Look Out for
- Neutral Sentiment: There was also unusually heavy call option activity in FMC, which can indicate speculative interest, but it is not clear whether traders are positioning for a near-term move higher.
- Negative Sentiment: Brokerage consensus remains at “Reduce,” reflecting skepticism about the company’s near-term outlook and likely contributing to the stock’s weakness. FMC Corporation (NYSE:FMC) Given Consensus Recommendation of “Reduce” by Brokerages
Wall Street Analysts Forecast Growth
A number of research firms have recently commented on FMC. Zacks Research downgraded shares of FMC from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 1st. Vertical Research downgraded shares of FMC from a “hold” rating to a “sell” rating and set a $14.00 target price for the company. in a report on Wednesday, April 22nd. UBS Group boosted their target price on shares of FMC from $14.00 to $17.00 and gave the company a “neutral” rating in a report on Thursday, April 9th. Citigroup dropped their price target on shares of FMC from $17.00 to $14.00 and set a “neutral” rating for the company in a research report on Monday, June 22nd. Finally, Royal Bank Of Canada cut their price target on shares of FMC from $14.00 to $12.00 and set a “sector perform” rating on the stock in a research note on Tuesday. Two analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average target price of $15.54.
FMC Price Performance
The company has a market capitalization of $1.46 billion, a price-to-earnings ratio of -0.59 and a beta of 0.38. The company has a quick ratio of 0.96, a current ratio of 1.29 and a debt-to-equity ratio of 1.50. The company has a 50 day simple moving average of $11.87 and a 200 day simple moving average of $14.06.
FMC (NYSE:FMC – Get Free Report) last released its quarterly earnings data on Wednesday, April 29th. The basic materials company reported ($0.23) earnings per share for the quarter, beating the consensus estimate of ($0.39) by $0.16. FMC had a positive return on equity of 10.53% and a negative net margin of 72.93%.The business had revenue of $762.40 million for the quarter, compared to analyst estimates of $745.42 million. During the same period in the previous year, the company posted $0.18 EPS. The company’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. As a group, research analysts predict that FMC Corporation will post 1.63 EPS for the current year.
FMC Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 2.7%. The ex-dividend date is Wednesday, September 30th. FMC’s payout ratio is currently -1.60%.
Hedge Funds Weigh In On FMC
A number of hedge funds have recently made changes to their positions in FMC. Root Financial Partners LLC boosted 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 worth $32,000 after purchasing an additional 1,785 shares during the period. Essential Partners LLC acquired a new stake in FMC in the 1st quarter valued at $43,000. Armistice Capital LLC purchased a new position in FMC in the third quarter valued at about $204,000. Parallel Advisors LLC raised its position in FMC by 297.2% in the first quarter. Parallel Advisors LLC now owns 6,264 shares of the basic materials company’s stock valued at $108,000 after purchasing an additional 4,687 shares during the period. Finally, Entropy Technologies LP acquired a new position in shares of FMC during the third quarter worth about $267,000. Hedge funds and other institutional investors own 91.86% of the company’s stock.
About FMC
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.
Featured Stories
- Five stocks we like better than FMC
- Premium Retail’s Stress Test Is Separating Winners From Losers
- D-Wave Quantum or a Quantum ETF: Which Is the Better Bet?
- GE Vernova Just Sent a Mixed AI Signal to Investors
- Alphabet Crushed Earnings, But One Number Spooked the Market
Receive News & Ratings for FMC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FMC and related companies with MarketBeat.com's FREE daily email newsletter.
