TechnipFMC plc (NYSE:FTI – Get Free Report) insider Jonathan Landes sold 116,194 shares of the stock in a transaction on Monday, March 9th. The stock was sold at an average price of $62.20, for a total transaction of $7,227,266.80. Following the completion of the sale, the insider owned 71,356 shares in the company, valued at approximately $4,438,343.20. This trade represents a 61.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.
TechnipFMC Trading Down 0.8%
Shares of FTI stock traded down $0.52 on Wednesday, hitting $64.38. The stock had a trading volume of 3,127,516 shares, compared to its average volume of 3,925,772. TechnipFMC plc has a twelve month low of $22.11 and a twelve month high of $68.29. The firm has a market cap of $25.75 billion, a P/E ratio of 27.87, a PEG ratio of 1.17 and a beta of 0.70. The company has a current ratio of 1.13, a quick ratio of 0.89 and a debt-to-equity ratio of 0.13. The company has a fifty day moving average price of $57.32 and a two-hundred day moving average price of $46.91.
TechnipFMC (NYSE:FTI – Get Free Report) last issued its quarterly earnings data on Thursday, February 19th. The oil and gas company reported $0.70 EPS for the quarter, topping the consensus estimate of $0.51 by $0.19. The business had revenue of $2.52 billion for the quarter, compared to the consensus estimate of $2.54 billion. TechnipFMC had a return on equity of 31.14% and a net margin of 9.70%.The firm’s revenue was up 6.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.54 EPS. As a group, analysts forecast that TechnipFMC plc will post 1.63 earnings per share for the current fiscal year.
TechnipFMC Dividend Announcement
Institutional Inflows and Outflows
Large investors have recently added to or reduced their stakes in the business. Blue Trust Inc. grew its position in TechnipFMC by 5,475.0% in the third quarter. Blue Trust Inc. now owns 669 shares of the oil and gas company’s stock valued at $26,000 after purchasing an additional 657 shares in the last quarter. Harbor Investment Advisory LLC acquired a new position in shares of TechnipFMC during the 4th quarter worth about $32,000. Newbridge Financial Services Group Inc. acquired a new position in shares of TechnipFMC during the 3rd quarter worth about $32,000. Geneos Wealth Management Inc. grew its holdings in shares of TechnipFMC by 45.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,090 shares of the oil and gas company’s stock valued at $35,000 after acquiring an additional 340 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of TechnipFMC in the fourth quarter valued at about $41,000. Institutional investors and hedge funds own 96.58% of the company’s stock.
Analysts Set New Price Targets
A number of research firms recently issued reports on FTI. Susquehanna increased their target price on TechnipFMC from $56.00 to $71.00 and gave the stock a “positive” rating in a research note on Friday, February 20th. TD Cowen reaffirmed a “buy” rating on shares of TechnipFMC in a research note on Friday, February 20th. UBS Group set a $70.00 price target on shares of TechnipFMC in a report on Friday, February 20th. Citigroup increased their price objective on shares of TechnipFMC from $48.00 to $76.00 and gave the stock a “buy” rating in a research report on Thursday, February 26th. Finally, Barclays reaffirmed an “overweight” rating and issued a $69.00 price objective on shares of TechnipFMC in a research report on Friday, February 20th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, TechnipFMC presently has a consensus rating of “Moderate Buy” and a consensus price target of $58.47.
Read Our Latest Stock Report on FTI
Key Stories Impacting TechnipFMC
Here are the key news stories impacting TechnipFMC this week:
- Positive Sentiment: Zacks highlights FTI as a strong growth candidate based on style/growth scores and analyst revisions, which supports a bullish narrative for investors focused on earnings momentum. Here’s Why FMC Technologies (FTI) is a Strong Growth Stock
- Positive Sentiment: Zacks technical note: a hammer candlestick and upward earnings‑estimate revisions suggest the stock may have found near‑term support and could be poised for a reversal if fundamentals continue to improve. Here’s Why FMC Technologies (FTI) Looks Ripe for Bottom Fishing
- Neutral Sentiment: Yahoo Finance runs a valuation/strategic look: after a ~152% one‑year run, the story asks whether upside is already priced in — useful context but not a near‑term catalyst. Is It Too Late To Consider TechnipFMC (FTI) After Its 152% One Year Surge?
- Neutral Sentiment: A broader Zacks momentum screener story that appeared in feeds is informational (momentum theme), but it does not single out FTI as a top pick and is unlikely to move the stock alone. 3 High-Momentum Stocks Poised for Big Gains Right Now
- Negative Sentiment: Material insider selling: multiple senior executives disclosed large open‑market sales (CEO Douglas Pferdehirt ~733k shares; EVP Justin Rounce ~172k; CFO Alf Melin ~127k across filings; EVP Luana Duffe ~48k; other insiders also sold). These are sizable percentage reductions and aggregate multi‑million dollar disposals within a few days — a near‑term negative for investor sentiment and liquidity. Representative filing: CEO sale SEC filing. CEO Form 4 (SEC)
TechnipFMC Company 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.
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