FMC (NYSE:FMC) Shares Down 7.3% – Here’s What Happened

Shares of FMC Corporation (NYSE:FMC) were down 7.3% on Thursday . The stock traded as low as $11.26 and last traded at $11.11. Approximately 1,304,563 shares were traded during mid-day trading, a decline of 65% from the average daily volume of 3,689,943 shares. The stock had previously closed at $11.98.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on FMC shares. Royal Bank Of Canada lowered their price objective on FMC from $17.00 to $14.00 and set a “sector perform” rating on the stock in a research note on Thursday, June 11th. Vertical Research lowered FMC from a “hold” rating to a “sell” rating and set a $14.00 price objective on the stock. in a research note on Wednesday, April 22nd. Wall Street Zen lowered FMC from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Citigroup upped their price objective on FMC from $15.00 to $17.00 and gave the company a “neutral” rating in a research note on Friday, May 1st. Finally, Wells Fargo & Company upped their price objective on FMC from $14.00 to $17.00 and gave the company an “equal weight” rating in a research note on Tuesday, April 21st. Two investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus target price of $20.21.

FMC Stock Performance

The company has a market capitalization of $1.44 billion, a P/E ratio of -0.57, a price-to-earnings-growth ratio of 0.92 and a beta of 0.35. The firm has a 50 day moving average price of $14.12 and a two-hundred day moving average price of $14.48. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.96 and a current ratio of 1.29.

FMC (NYSE:FMC) last released its quarterly earnings results on Wednesday, April 29th. The basic materials company reported ($0.23) EPS for the quarter, topping analysts’ consensus estimates of ($0.39) by $0.16. The business had revenue of $762.40 million for the quarter, compared to analyst estimates of $745.42 million. FMC had a positive return on equity of 10.53% and a negative net margin of 72.93%.FMC’s revenue for the quarter was down 4.1% on a year-over-year basis. During the same period in the prior year, the company earned $0.18 EPS. FMC has set its FY 2026 guidance at 1.630-1.890 EPS and its Q2 2026 guidance at 0.160-0.260 EPS. On average, research analysts expect that FMC Corporation will post 1.69 earnings per share for the current fiscal year.

FMC Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 16th. Investors of record on Tuesday, June 30th will be given a dividend of $0.08 per share. The ex-dividend date is Tuesday, June 30th. This represents a $0.32 dividend on an annualized basis and a yield of 2.8%. FMC’s dividend payout ratio is -1.60%.

Institutional Investors Weigh In On FMC

A number of large investors have recently bought and sold shares of FMC. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in FMC by 11.0% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 51,448 shares of the basic materials company’s stock worth $2,171,000 after acquiring an additional 5,091 shares during the last quarter. Focus Partners Wealth grew its position in FMC by 137.7% during the 1st quarter. Focus Partners Wealth now owns 21,427 shares of the basic materials company’s stock worth $904,000 after acquiring an additional 12,414 shares during the last quarter. State of Tennessee Department of Treasury grew its position in FMC by 45.1% during the 2nd quarter. State of Tennessee Department of Treasury now owns 57,504 shares of the basic materials company’s stock worth $2,401,000 after acquiring an additional 17,878 shares during the last quarter. Rhumbline Advisers grew its position in FMC by 0.5% during the 3rd quarter. Rhumbline Advisers now owns 293,690 shares of the basic materials company’s stock worth $9,877,000 after acquiring an additional 1,406 shares during the last quarter. Finally, Dearborn Partners LLC bought a new stake in FMC during the 3rd quarter worth approximately $747,000. 91.86% of the stock is currently owned by institutional investors.

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.