Insider Selling: TechnipFMC (NYSE:FTI) CEO Sells 733,424 Shares of Stock

TechnipFMC plc (NYSE:FTI) CEO Douglas Pferdehirt sold 733,424 shares of the business’s stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $62.24, for a total transaction of $45,648,309.76. Following the completion of the transaction, the chief executive officer owned 2,411,852 shares of the company’s stock, valued at approximately $150,113,668.48. The trade was a 23.32% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

TechnipFMC Stock Down 0.8%

FTI traded down $0.52 during trading on Wednesday, hitting $64.38. 3,127,516 shares of the company’s stock traded hands, compared to its average volume of 3,925,772. The stock has a market capitalization of $25.75 billion, a price-to-earnings ratio of 27.87, a PEG ratio of 1.17 and a beta of 0.70. The company’s 50 day simple moving average is $57.32 and its two-hundred day simple moving average is $46.91. TechnipFMC plc has a 12-month low of $22.11 and a 12-month high of $68.29. The company has a current ratio of 1.13, a quick ratio of 0.89 and a debt-to-equity ratio of 0.13.

TechnipFMC (NYSE:FTI) last announced its quarterly earnings results on Thursday, February 19th. The oil and gas company reported $0.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.51 by $0.19. TechnipFMC had a return on equity of 31.14% and a net margin of 9.70%.The firm had revenue of $2.52 billion for the quarter, compared to the consensus estimate of $2.54 billion. During the same period in the prior year, the company posted $0.54 earnings per share. The company’s quarterly revenue was up 6.3% on a year-over-year basis. Analysts predict that TechnipFMC plc will post 1.63 earnings per share for the current fiscal year.

TechnipFMC Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Tuesday, March 17th will be paid a dividend of $0.05 per share. The ex-dividend date is Tuesday, March 17th. This represents a $0.20 annualized dividend and a yield of 0.3%. TechnipFMC’s dividend payout ratio is currently 8.66%.

Hedge Funds Weigh In On TechnipFMC

A number of hedge funds have recently modified their holdings of the company. Blue Trust Inc. increased its stake in TechnipFMC by 5,475.0% in the 3rd quarter. Blue Trust Inc. now owns 669 shares of the oil and gas company’s stock worth $26,000 after buying an additional 657 shares in the last quarter. Harbor Investment Advisory LLC purchased a new position in shares of TechnipFMC in the fourth quarter valued at about $32,000. Newbridge Financial Services Group Inc. bought a new position in shares of TechnipFMC in the third quarter worth about $32,000. Geneos Wealth Management Inc. grew its position in shares of TechnipFMC by 45.3% during the first quarter. Geneos Wealth Management Inc. now owns 1,090 shares of the oil and gas company’s stock worth $35,000 after purchasing an additional 340 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. bought a new stake in TechnipFMC during the 4th quarter valued at approximately $41,000. 96.58% of the stock is currently owned by institutional investors.

Key TechnipFMC News

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)

Analyst Ratings Changes

A number of research analysts recently weighed in on FTI shares. HSBC downgraded shares of TechnipFMC from a “buy” rating to a “hold” rating and increased their price objective for the company from $49.00 to $62.00 in a research report on Friday, February 20th. TD Cowen reiterated a “buy” rating on shares of TechnipFMC in a research note on Friday, February 20th. Weiss Ratings restated a “buy (b)” rating on shares of TechnipFMC in a research note on Thursday, January 22nd. Citigroup lifted their price objective on TechnipFMC from $48.00 to $76.00 and gave the stock a “buy” rating in a report on Thursday, February 26th. Finally, Barclays reiterated an “overweight” rating and set 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 assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $58.47.

About TechnipFMC

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.