Key Points
- FMC insider Nicholas Pfeiffer sold 1,251 shares for approximately $15,988 at an average price of $12.78, reducing his position by 4.2% to 28,513 shares.
- FMC’s latest quarterly results exceeded EPS expectations at $0.26 versus $0.22, but revenue fell 17.5% year over year to $841.4 million and the company reported a substantial negative net margin.
- Analysts maintain a consensus “Hold” rating with a $14.25 price target, while FMC declared a quarterly dividend of $0.08 per share, implying a 2.6% annualized yield.
FMC Corporation (NYSE:FMC - Get Free Report) insider Nicholas Pfeiffer sold 1,251 shares of the company's stock in a transaction dated Wednesday, September 9th. The stock was sold at an average price of $12.78, for a total transaction of $15,987.78. Following the transaction, the insider owned 28,513 shares of the company's stock, valued at approximately $364,396.14. This trade represents a 4.20% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
FMC Trading Down 1.4%
Shares of FMC stock opened at $12.11 on Friday. The firm has a market capitalization of $1.52 billion, a PE ratio of -0.55 and a beta of 0.41. FMC Corporation has a twelve month low of $9.94 and a twelve month high of $38.68. The firm's 50-day moving average price is $11.20 and its 200 day moving average price is $13.05. The company has a current ratio of 1.99, a quick ratio of 1.48 and a debt-to-equity ratio of 2.38.
FMC (NYSE:FMC - Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The basic materials company reported $0.26 EPS for the quarter, topping the consensus estimate of $0.22 by $0.04. FMC had a positive return on equity of 11.35% and a negative net margin of 84.83%.The company had revenue of $841.40 million during the quarter, compared to analyst estimates of $895.14 million. During the same period in the previous year, the business earned $0.69 EPS. FMC's quarterly revenue was down 17.5% on a year-over-year basis. On average, sell-side analysts predict that FMC Corporation will post 1.27 EPS for the current fiscal year.
FMC Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be paid a $0.08 dividend. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 2.6%. FMC's payout ratio is currently -1.45%.
Institutional Investors Weigh In On FMC
A number of large investors have recently made changes to their positions in FMC. IFP Advisors Inc increased its holdings in shares of FMC by 99.0% in the second quarter. IFP Advisors Inc now owns 2,726 shares of the basic materials company's stock valued at $31,000 after purchasing an additional 1,356 shares during the last quarter. Root Financial Partners LLC grew its holdings in FMC by 3,642.9% in the 1st quarter. Root Financial Partners LLC now owns 1,834 shares of the basic materials company's stock valued at $32,000 after buying an additional 1,785 shares in the last quarter. Essential Partners LLC purchased a new stake in FMC in the 1st quarter valued at $43,000. Nykredit A S acquired a new stake in shares of FMC in the 2nd quarter worth $55,000. Finally, Parallel Advisors LLC increased its stake 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 acquiring an additional 4,687 shares during the last quarter. 91.86% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Several research analysts recently commented on FMC shares. Citigroup reissued a "buy" rating on shares of FMC in a research note on Tuesday, August 4th. BMO Capital Markets set a $14.00 target price on shares of FMC in a research note on Friday, July 3rd. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of FMC in a report on Wednesday, August 26th. Wall Street Zen upgraded shares of FMC from a "sell" rating to a "hold" rating in a research report on Saturday, August 1st. Finally, Royal Bank Of Canada decreased their price target on shares of FMC from $12.00 to $11.00 and set a "sector perform" rating on the stock in a research note on Monday, August 3rd. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $14.25.
View Our Latest Analysis on FMC
FMC News Roundup
Here are the key news stories impacting FMC this week:
- Positive Sentiment: KeyCorp analyst S. Tiano projects FMC will earn $2.05 per share in FY2028, well above the current full-year consensus estimate of $1.27. The forecast suggests analysts expect a meaningful recovery in profitability over the next several years, which may support investor sentiment. KeyCorp FY2028 earnings estimate
- Positive Sentiment: Analysts reportedly assign FMC an average price target of $14.25, above the stock’s recent trading level near $12, indicating potential upside if the company delivers on its expected earnings recovery. FMC average analyst price target
- Neutral Sentiment: Corporate controller Nicholas Pfeiffer sold 1,251 FMC shares for approximately $15,988, reducing his position by 4.2% but leaving him with 28,513 shares. The transaction is relatively small and does not necessarily indicate a change in management’s view of the company. FMC insider stock sale filing
- Negative Sentiment: Reports about vulnerabilities in Cisco Secure FMC involve Cisco’s cybersecurity software, not FMC Corporation, and therefore have no direct investment implications for FMC shares. Cisco Secure FMC vulnerability report
FMC Company Profile
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Get Free Report)
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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