TechnipFMC (NYSE:FTI – Free Report) had its price objective increased by The Goldman Sachs Group from $55.00 to $66.00 in a research note published on Wednesday morning,Benzinga reports. The Goldman Sachs Group currently has a buy rating on the oil and gas company’s stock.
FTI has been the subject of several other reports. TD Cowen reaffirmed a “buy” rating on shares of TechnipFMC in a report on Friday, February 20th. Citigroup upped their price objective on TechnipFMC from $48.00 to $76.00 and gave the company a “buy” rating in a research note on Thursday, February 26th. Piper Sandler raised their target price on TechnipFMC from $49.00 to $52.00 and gave the company an “overweight” rating in a research report on Thursday, December 18th. HSBC downgraded shares of TechnipFMC from a “buy” rating to a “hold” rating and boosted their price target for the stock from $49.00 to $62.00 in a report on Friday, February 20th. Finally, BMO Capital Markets raised 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, February 23rd. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, TechnipFMC has a consensus rating of “Moderate Buy” and an average price target of $58.47.
TechnipFMC Stock Performance
TechnipFMC (NYSE:FTI – Get Free Report) 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 the consensus estimate of $0.51 by $0.19. The business had revenue of $2.52 billion for the quarter, compared to analysts’ expectations of $2.54 billion. TechnipFMC had a net margin of 9.70% and a return on equity of 31.14%. The firm’s revenue for the quarter was up 6.3% compared to the same quarter last year. During the same period in the previous year, the company earned $0.54 earnings per share. Equities research analysts forecast that TechnipFMC will post 1.63 EPS for the current fiscal year.
TechnipFMC Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Tuesday, March 17th will be paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Tuesday, March 17th. TechnipFMC’s payout ratio is currently 8.66%.
Insiders Place Their Bets
In other news, Director Carvalho Filho Eleazar De sold 6,350 shares of TechnipFMC stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $65.40, for a total value of $415,290.00. Following the completion of the transaction, the director owned 97,860 shares in the company, valued at $6,400,044. This trade represents a 6.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.80% of the stock is owned by corporate insiders.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of FTI. Blue Trust Inc. raised its holdings in TechnipFMC by 5,475.0% during the 3rd quarter. Blue Trust Inc. now owns 669 shares of the oil and gas company’s stock valued at $26,000 after acquiring an additional 657 shares during the period. Harbor Investment Advisory LLC purchased a new position in shares of TechnipFMC in the fourth quarter valued at $32,000. Newbridge Financial Services Group Inc. purchased a new position in shares of TechnipFMC in the third quarter valued at $32,000. Geneos Wealth Management Inc. raised 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 valued at $35,000 after purchasing an additional 340 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. purchased a new stake in TechnipFMC during the 4th quarter worth about $41,000. 96.58% of the stock is owned by institutional investors.
Key TechnipFMC News
Here are the key news stories impacting TechnipFMC this week:
- Positive Sentiment: Pickering Energy Partners raised estimates across multiple quarters and lifted FY2026 and FY2027 forecasts (FY2026 to $2.92; FY2027 to $3.39), signaling materially higher expected earnings and supporting a re‑rating if execution continues. Pickering Energy Partners Estimates Boost (MarketBeat)
- Positive Sentiment: Goldman Sachs raised its price target from $55 to $66 and reiterated a buy — a near‑term bullish endorsement though the target implies only modest upside from current levels. Goldman Sachs Raises Price Target (TickerReport)
- Positive Sentiment: TechnipFMC hit an annual high on the NYSE Composite recently, reflecting strong market momentum and investor interest ahead of the latest analyst revisions. TechnipFMC Hits Annual High (Kalkine)
- Neutral Sentiment: A Benzinga piece reviewing five‑year returns highlights strong historical performance for long‑term holders but is descriptive rather than a near‑term catalyst. Useful context for investors assessing long‑term thesis but unlikely to move the stock alone. 5-Year Returns (Benzinga)
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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