FMC (NYSE:FMC) Trading 8.9% Higher – Here’s What Happened

Shares of FMC Corporation (NYSE:FMCGet Free Report) shot up 8.9% during trading on Monday . The stock traded as high as $14.50 and last traded at $14.26. 1,969,319 shares changed hands during trading, a decline of 55% from the average session volume of 4,348,271 shares. The stock had previously closed at $13.09.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Mizuho cut their target price on shares of FMC from $21.00 to $20.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 17th. Bank of America dropped their target price on shares of FMC from $18.00 to $17.00 and set a “neutral” rating on the stock in a report on Thursday, January 8th. Citigroup cut their price target on FMC from $16.00 to $14.00 and set a “neutral” rating on the stock in a report on Monday, February 9th. Wall Street Zen raised shares of FMC from a “sell” rating to a “hold” rating in a research note on Saturday, March 14th. Finally, Wells Fargo & Company decreased their price target on FMC from $16.00 to $14.00 and set an “equal weight” rating for the company in a research note on Friday, February 6th. Two equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, FMC presently has a consensus rating of “Reduce” and a consensus price target of $19.59.

Read Our Latest Stock Analysis on FMC

FMC Stock Up 10.0%

The business’s 50 day simple moving average is $14.88 and its 200 day simple moving average is $19.58. The company has a quick ratio of 1.00, a current ratio of 1.32 and a debt-to-equity ratio of 1.32. The company has a market capitalization of $1.80 billion, a PE ratio of -0.81, a price-to-earnings-growth ratio of 1.22 and a beta of 0.66.

FMC (NYSE:FMCGet Free Report) last posted its quarterly earnings data on Wednesday, February 4th. The basic materials company reported $1.20 earnings per share for the quarter, missing the consensus estimate 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 firm had revenue of $1.08 billion for the quarter, compared to analysts’ expectations of $1.15 billion. During the same quarter in the previous year, the firm posted $1.79 earnings per share. The company’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, analysts forecast that FMC Corporation will post 3.48 EPS for the current year.

FMC Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 16th. Investors of record on Tuesday, March 31st will be given a dividend of $0.08 per share. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $0.32 dividend on an annualized basis and a yield of 2.2%. FMC’s payout ratio is presently -1.79%.

Insider Activity at FMC

In related news, Director Michael F. Barry purchased 18,072 shares of the company’s stock in a transaction dated Wednesday, March 4th. The shares were acquired at an average cost of $13.83 per share, with a total value of $249,935.76. Following the completion of the purchase, the director owned 19,634 shares of the company’s stock, valued at $271,538.22. The trade was a 1,156.98% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.82% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On FMC

A number of hedge funds have recently added to or reduced their stakes in the company. SG Americas Securities LLC increased its stake in shares of FMC by 104.9% during the 4th quarter. SG Americas Securities LLC now owns 200,326 shares of the basic materials company’s stock worth $2,779,000 after purchasing an additional 102,545 shares during the last quarter. Roffman Miller Associates Inc. PA acquired a new position in shares of FMC during the 3rd quarter worth about $2,245,000. Inspire Trust Co. N.A. boosted its position in shares of FMC by 60.7% in the third quarter. Inspire Trust Co. N.A. now owns 140,000 shares of the basic materials company’s stock valued at $4,708,000 after acquiring an additional 52,900 shares during the period. Icon Wealth Advisors LLC boosted its holdings in FMC by 217.2% in the 4th quarter. Icon Wealth Advisors LLC now owns 63,647 shares of the basic materials company’s stock valued at $883,000 after purchasing an additional 43,582 shares during the period. Finally, Jones Financial Companies Lllp grew its position in FMC by 6.3% during the third quarter. Jones Financial Companies Lllp now owns 728,716 shares of the basic materials company’s stock worth $24,514,000 after buying an additional 43,275 shares in the last quarter. Institutional investors and hedge funds own 91.86% of the company’s stock.

FMC Company Profile

(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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