FMC (NYSE:FMC) Downgraded by Zacks Research to Strong Sell

Zacks Research cut shares of FMC (NYSE:FMC) from a hold rating to a strong sell rating in a research note published on Wednesday morning,Zacks.com reports.

Several other research firms have also issued reports on FMC. Wall Street Zen upgraded shares of FMC from a “sell” rating to a “hold” rating in a report on Saturday, June 27th. Royal Bank Of Canada cut their price target on shares of FMC from $17.00 to $14.00 and set a “sector perform” rating on the stock in a report on Thursday, June 11th. Weiss Ratings reissued a “sell (d-)” rating on shares of FMC in a research report on Friday, May 29th. JPMorgan Chase & Co. raised their price objective on shares of FMC from $15.00 to $16.00 and gave the stock a “neutral” rating in a research note on Friday, May 1st. Finally, The Goldman Sachs Group boosted their target price on FMC from $17.00 to $21.00 and gave the company a “buy” rating in a research report on Tuesday, April 14th. Two equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat.com, FMC has an average rating of “Reduce” and a consensus price target of $19.96.

FMC Price Performance

Shares of FMC stock opened at $11.36 on Wednesday. The stock has a market cap of $1.42 billion, a price-to-earnings ratio of -0.57, a price-to-earnings-growth ratio of 0.89 and a beta of 0.38. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.96 and a current ratio of 1.29. The stock has a 50 day moving average price of $12.79 and a 200-day moving average price of $14.30. FMC has a one year low of $10.72 and a one year high of $44.68.

FMC (NYSE:FMC) last released its quarterly earnings results on Wednesday, April 29th. The basic materials company reported ($0.23) earnings per share for the quarter, beating the consensus estimate of ($0.39) by $0.16. The company 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 quarterly revenue was down 4.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $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. Equities analysts expect that FMC will post 1.65 EPS for the current year.

FMC Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 16th. Shareholders of record on Tuesday, June 30th will be issued a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 2.8%. The ex-dividend date is Tuesday, June 30th. FMC’s dividend payout ratio (DPR) is presently -1.60%.

Institutional Investors Weigh In On FMC

Several hedge funds have recently made changes to their positions in FMC. Root Financial Partners LLC grew its position in shares of FMC by 3,642.9% during the 1st quarter. Root Financial Partners LLC now owns 1,834 shares of the basic materials company’s stock worth $32,000 after buying an additional 1,785 shares in the last quarter. Essential Partners LLC bought a new stake in shares of FMC in the first quarter valued at about $43,000. Parallel Advisors LLC raised its holdings in shares of FMC by 297.2% in the first quarter. Parallel Advisors LLC now owns 6,264 shares of the basic materials company’s stock valued at $108,000 after acquiring an additional 4,687 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in FMC by 3,714.8% in the first quarter. EverSource Wealth Advisors LLC now owns 9,041 shares of the basic materials company’s stock worth $156,000 after acquiring an additional 8,804 shares during the period. Finally, Armistice Capital LLC purchased a new stake in FMC in the third quarter worth about $204,000. 91.86% of the stock is currently owned by hedge funds and other institutional investors.

Key FMC News

Here are the key news stories impacting FMC this week:

• Positive Sentiment: FMC reached a definitive agreement for Tessenderlo Group to invest about $400 million by buying roughly 20% of the company at $13.30 per share, giving FMC fresh capital and signaling outside confidence in the business. FMC Corporation Reaches Agreement for $400 Million Minority Equity Investment from Tessenderlo Group
• Positive Sentiment: The proceeds are intended to help FMC move toward its roughly $1 billion debt paydown target, which should improve liquidity and ease balance-sheet pressure. FMC Lands $400M Minority Investment From Tessenderlo Group
• Positive Sentiment: Several market reports said the stock jumped on news of the investment, with investors viewing the transaction as a step toward deleveraging and a possible reset in the company’s valuation. FMC shares surge after Tessenderlo agrees to acquire 20% stake (FMC)
• Neutral Sentiment: Commentary from analysts suggests the deal may help FMC remain independent and keep investing in crop protection technology, but investors are still waiting to see how the balance-sheet repair affects earnings and growth. With a new $400M investor, FMC says it can remain independent and boost pesticide sales
• Negative Sentiment: A Seeking Alpha piece raised questions about whether the debt solution is only partial, implying that FMC may still face concerns around leverage and the strength of its turnaround. FMC Corporation: A Partial Debt Solution Raises Questions

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.