TechnipFMC plc $FTI Shares Sold by Primecap Management Co. CA

Primecap Management Co. CA decreased its position in shares of TechnipFMC plc (NYSE:FTI) by 3.5% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 1,393,370 shares of the oil and gas company’s stock after selling 50,000 shares during the period. Primecap Management Co. CA’s holdings in TechnipFMC were worth $54,968,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Geneos Wealth Management Inc. lifted its stake in shares of TechnipFMC by 45.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,090 shares of the oil and gas company’s stock worth $35,000 after purchasing an additional 340 shares during the period. Hantz Financial Services Inc. increased its stake in TechnipFMC by 1.5% in the third quarter. Hantz Financial Services Inc. now owns 24,019 shares of the oil and gas company’s stock valued at $948,000 after purchasing an additional 365 shares during the last quarter. Gries Financial LLC lifted its position in TechnipFMC by 6.2% during the third quarter. Gries Financial LLC now owns 6,745 shares of the oil and gas company’s stock worth $266,000 after buying an additional 391 shares during the period. SG Americas Securities LLC boosted its stake in TechnipFMC by 2.9% in the 3rd quarter. SG Americas Securities LLC now owns 14,508 shares of the oil and gas company’s stock worth $572,000 after buying an additional 408 shares during the last quarter. Finally, Quadcap Wealth Management LLC grew its holdings in TechnipFMC by 3.3% in the 2nd quarter. Quadcap Wealth Management LLC now owns 16,256 shares of the oil and gas company’s stock valued at $560,000 after buying an additional 521 shares during the period. 96.58% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at TechnipFMC

In related news, Director Carvalho Filho Eleazar De sold 6,350 shares of TechnipFMC stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $65.40, for a total transaction of $415,290.00. Following the sale, the director owned 97,860 shares of the company’s stock, valued at $6,400,044. The trade was a 6.09% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 1.80% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on FTI shares. BMO Capital Markets increased their price objective on shares of TechnipFMC from $52.00 to $67.00 and gave the stock a “market perform” rating in a report on Monday. Piper Sandler increased their price target on shares of TechnipFMC from $49.00 to $52.00 and gave the stock an “overweight” rating in a research note on Thursday, December 18th. Weiss Ratings reiterated a “buy (b)” rating on shares of TechnipFMC in a report on Thursday, January 22nd. Susquehanna upped their price objective on TechnipFMC from $56.00 to $71.00 and gave the stock a “positive” rating in a report on Friday, February 20th. Finally, Barclays reaffirmed an “overweight” rating and issued a $69.00 target price on shares of TechnipFMC in a research report on Friday, February 20th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $57.93.

TechnipFMC Stock Performance

Shares of NYSE:FTI opened at $67.27 on Friday. The business’s 50-day simple moving average is $54.08 and its 200 day simple moving average is $45.09. The company has a market cap of $26.91 billion, a P/E ratio of 29.12, a PEG ratio of 1.27 and a beta of 0.69. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.89 and a current ratio of 1.13. TechnipFMC plc has a one year low of $22.11 and a one year high of $67.31.

TechnipFMC (NYSE:FTI) last released its quarterly earnings results on Thursday, February 19th. The oil and gas company reported $0.70 earnings per share for the quarter, topping analysts’ consensus estimates of $0.51 by $0.19. The firm had revenue of $2.52 billion during the quarter, compared to analysts’ expectations of $2.54 billion. TechnipFMC had a return on equity of 31.14% and a net margin of 9.70%.TechnipFMC’s quarterly revenue was up 6.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.54 EPS. On average, sell-side analysts forecast that TechnipFMC plc will post 1.63 earnings per share for the current fiscal year.

TechnipFMC Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Tuesday, March 17th will be issued a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a 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%.

Key TechnipFMC News

Here are the key news stories impacting TechnipFMC this week:

• Positive Sentiment: Citigroup sharply raised its price target on FTI to $76 and assigned a “buy” rating — a sizable upgrade that signals stronger analyst confidence and provides an explicit upside anchor for investors. Citigroup price target raise
• Positive Sentiment: Broader analyst and institutional support: data shows a cluster of upgrades and a consensus “moderate buy” from analysts, while large asset managers (AQR, State Street, Invesco) have materially increased stakes — both trends support continued buying pressure. Analyst consensus / institutional holdings
• Neutral Sentiment: Positive media analysis pieces (Zacks) highlight FTI’s growth profile and relative outperformance versus some peers, which can attract growth-oriented and GARP investors but are commentary rather than new fundamental data. Zacks growth analysis
• Neutral Sentiment: Other outlets have updated price targets (e.g., a smaller raise reflected in an MSN-linked note). These incremental target changes provide context but are less consequential than the Citi upgrade. MSN price-target note
• Negative Sentiment: An insider (director Carvalho Filho Eleazar De) sold 6,350 shares for about $415k — a modest-sized sale that may prompt short-term investor caution or headlines about insider selling, though the director still holds a large position. Insider sale filing

TechnipFMC 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.