Roffman Miller Associates Inc. PA acquired a new position in FMC Corporation (NYSE:FMC – Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 66,767 shares of the basic materials company’s stock, valued at approximately $2,245,000. Roffman Miller Associates Inc. PA owned about 0.05% of FMC at the end of the most recent quarter.
Several other large investors have also modified their holdings of the company. AQR Capital Management LLC raised its holdings in FMC by 1,199.9% in the 1st quarter. AQR Capital Management LLC now owns 3,621,496 shares of the basic materials company’s stock worth $151,071,000 after acquiring an additional 3,342,888 shares during the period. Strs Ohio acquired a new stake in shares of FMC in the first quarter valued at about $18,986,000. Jacobs Levy Equity Management Inc. acquired a new stake in shares of FMC in the first quarter valued at about $14,828,000. Gotham Asset Management LLC lifted its position in shares of FMC by 67.9% during the 1st quarter. Gotham Asset Management LLC now owns 509,886 shares of the basic materials company’s stock worth $21,512,000 after purchasing an additional 206,268 shares during the last quarter. Finally, Ieq Capital LLC grew its holdings in FMC by 1,113.7% in the 1st quarter. Ieq Capital LLC now owns 193,545 shares of the basic materials company’s stock valued at $8,166,000 after buying an additional 177,598 shares during the last quarter. 91.86% of the stock is owned by institutional investors.
Analyst Ratings Changes
FMC has been the topic of several research analyst reports. Bank of America upgraded shares of FMC from an “underperform” rating to a “neutral” rating and lowered their price objective for the stock from $37.00 to $33.00 in a research note on Tuesday, October 14th. The Goldman Sachs Group dropped their price objective on shares of FMC from $43.00 to $19.00 and set a “buy” rating on the stock in a report on Monday, November 3rd. Weiss Ratings reiterated a “sell (d)” rating on shares of FMC in a research note on Monday, December 15th. Royal Bank Of Canada lowered their price target on FMC from $33.00 to $17.00 and set an “outperform” rating on the stock in a research note on Friday, October 31st. Finally, Wall Street Zen downgraded shares of FMC from a “hold” rating to a “sell” rating in a report on Saturday, November 8th. Three analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $26.46.
FMC Stock Performance
Shares of FMC stock opened at $13.15 on Tuesday. The firm has a market cap of $1.64 billion, a P/E ratio of -3.10, a P/E/G ratio of 0.61 and a beta of 0.65. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.40 and a quick ratio of 1.05. The firm has a 50 day simple moving average of $17.52 and a 200 day simple moving average of $31.39. FMC Corporation has a fifty-two week low of $12.17 and a fifty-two week high of $57.00.
FMC (NYSE:FMC – Get Free Report) last released its earnings results on Wednesday, October 29th. The basic materials company reported $0.89 earnings per share for the quarter, topping analysts’ consensus estimates of $0.85 by $0.04. FMC had a positive return on equity of 10.40% and a negative net margin of 14.81%.The company had revenue of $542.20 million during the quarter, compared to the consensus estimate of $1.08 billion. During the same quarter in the previous year, the company posted $0.69 earnings per share. The firm’s quarterly revenue was down 49.1% on a year-over-year basis. FMC has set its Q4 2025 guidance at 1.140-1.360 EPS and its FY 2025 guidance at 2.920-3.140 EPS. Sell-side analysts predict that FMC Corporation will post 3.48 earnings per share for the current fiscal year.
FMC Cuts Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st will be paid a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Wednesday, December 31st. FMC’s dividend payout ratio (DPR) is -54.72%.
Insider Activity at FMC
In other FMC news, VP Jacqueline Scanlan sold 3,790 shares of FMC stock in a transaction on Monday, September 29th. The shares were sold at an average price of $34.00, for a total transaction of $128,860.00. Following the completion of the sale, the vice president owned 33,044 shares of the company’s stock, valued at approximately $1,123,496. The trade was a 10.29% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director John Mitchell Raines purchased 7,000 shares of the business’s stock in a transaction dated Thursday, November 13th. The stock was bought at an average cost of $13.77 per share, for a total transaction of $96,390.00. Following the purchase, the director owned 13,784 shares in the company, valued at $189,805.68. This trade represents a 103.18% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 0.67% of the stock is owned by insiders.
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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