FMC (NYSE:FMC) Sets New 12-Month Low – What’s Next?

FMC Corporation (NYSE:FMC) shares reached a new 52-week low during trading on Thursday . The company traded as low as $10.78 and last traded at $10.8180, with a volume of 3295763 shares changing hands. The stock had previously closed at $11.50.

Analyst Upgrades and Downgrades

FMC has been the topic of a number of recent research reports. Wall Street Zen lowered shares of FMC from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. JPMorgan Chase & Co. lifted their price target on shares of FMC from $15.00 to $16.00 and gave the stock a “neutral” rating in a report on Friday, May 1st. Citigroup boosted their price objective on shares of FMC from $15.00 to $17.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. UBS Group upped their price objective on shares of FMC from $14.00 to $17.00 and gave the company a “neutral” rating in a research note on Thursday, April 9th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of FMC in a research note on Friday, May 29th. Two investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, FMC has a consensus rating of “Reduce” and a consensus target price of $20.46.

FMC Trading Down 5.9%

The company has a quick ratio of 0.96, a current ratio of 1.29 and a debt-to-equity ratio of 1.50. The business’s fifty day moving average is $14.69 and its 200-day moving average is $14.54. The stock has a market capitalization of $1.35 billion, a PE ratio of -0.54, a P/E/G ratio of 0.92 and a beta of 0.35.

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

FMC Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 16th. Shareholders of record on Tuesday, June 30th will be given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend is Tuesday, June 30th. FMC’s payout ratio is -1.60%.

Hedge Funds Weigh In On FMC

A number of large investors have recently modified their holdings of the company. SG Americas Securities LLC raised its holdings in FMC by 104.9% in the fourth quarter. SG Americas Securities LLC now owns 200,326 shares of the basic materials company’s stock valued at $2,779,000 after buying an additional 102,545 shares during the period. Entropy Technologies LP acquired a new position in FMC during the first quarter valued at approximately $1,401,000. Inspire Trust Co. N.A. grew its stake in FMC by 60.7% during the third quarter. Inspire Trust Co. N.A. now owns 140,000 shares of the basic materials company’s stock worth $4,708,000 after buying an additional 52,900 shares during the period. Icon Wealth Advisors LLC increased its position in shares of FMC by 217.2% in the fourth quarter. Icon Wealth Advisors LLC now owns 63,647 shares of the basic materials company’s stock worth $883,000 after acquiring an additional 43,582 shares in the last quarter. Finally, Dearborn Partners LLC acquired a new stake in shares of FMC in the third quarter worth $747,000. 91.86% of the stock is currently 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.