FMC Corporation (NYSE:FMC – Get Free Report) shares shot up 6.6% on Tuesday . The stock traded as high as $16.58 and last traded at $16.41. 619,228 shares changed hands during mid-day trading, a decline of 87% from the average session volume of 4,874,948 shares. The stock had previously closed at $15.39.
Wall Street Analyst Weigh In
FMC has been the subject of several recent research reports. Mizuho cut their price target on FMC from $24.00 to $21.00 and set an “outperform” rating for the company in a research note on Friday, January 16th. Zacks Research upgraded shares of FMC from a “strong sell” rating to a “hold” rating in a report on Friday, January 2nd. The Goldman Sachs Group decreased their price target on FMC from $43.00 to $19.00 and set a “buy” rating for the company in a research note on Monday, November 3rd. Royal Bank Of Canada lowered their target price on FMC from $16.00 to $14.00 and set a “sector perform” rating for the company in a report on Friday. Finally, UBS Group set a $14.00 price target on FMC in a research note on Friday. Two investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $22.13.
View Our Latest Research Report on FMC
FMC Trading Up 5.7%
FMC (NYSE:FMC – Get Free Report) last issued its quarterly earnings data on Wednesday, February 4th. The basic materials company reported $1.20 EPS for the quarter, missing analysts’ consensus estimates of $1.21 by ($0.01). FMC had a positive return on equity of 10.10% and a negative net margin of 64.57%.The company had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.15 billion. During the same period in the prior year, the firm posted $1.79 earnings per share. The business’s revenue for the quarter was down 11.5% on a year-over-year basis. FMC has set its Q1 2026 guidance at -0.440–0.320 EPS and its FY 2026 guidance at 1.630-1.890 EPS. As a group, equities research analysts predict that FMC Corporation will post 3.48 earnings per share for the current year.
FMC Cuts Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were paid a $0.08 dividend. The ex-dividend date was Wednesday, December 31st. This represents a $0.32 annualized dividend and a yield of 2.0%. FMC’s dividend payout ratio is presently -1.79%.
Insider Transactions at FMC
In other news, Director John Mitchell Raines bought 7,000 shares of the stock in a transaction on Thursday, November 13th. The shares were purchased at an average cost of $13.77 per share, for a total transaction of $96,390.00. Following the completion of the purchase, the director directly owned 13,784 shares in the company, valued at $189,805.68. This represents a 103.18% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.67% of the stock is owned by corporate insiders.
Institutional Investors Weigh In On FMC
Several institutional investors have recently added to or reduced their stakes in the business. Creative Financial Designs Inc. ADV boosted its position in shares of FMC by 180.1% in the second quarter. Creative Financial Designs Inc. ADV now owns 815 shares of the basic materials company’s stock valued at $34,000 after acquiring an additional 524 shares during the period. Armistice Capital LLC purchased a new stake in shares of FMC in the 3rd quarter valued at about $204,000. EverSource Wealth Advisors LLC boosted its position in shares of FMC by 201.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 5,076 shares of the basic materials company’s stock valued at $212,000 after acquiring an additional 3,391 shares during the last quarter. Entropy Technologies LP purchased a new position in shares of FMC during the third quarter worth about $267,000. Finally, Farther Finance Advisors LLC boosted its stake in FMC by 4.1% in the third quarter. Farther Finance Advisors LLC now owns 11,291 shares of the basic materials company’s stock worth $380,000 after buying an additional 442 shares in the last quarter. 91.86% of the stock is owned by hedge funds and other institutional investors.
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.
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