FMC (NYSE:FMC – Get Free Report) was downgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a report issued on Wednesday,Zacks.com reports.
Several other equities research analysts have also commented on the stock. JPMorgan Chase & Co. increased their price objective on shares of FMC from $15.00 to $16.00 and gave the company a “neutral” rating in a research note on Friday, May 1st. Wall Street Zen raised FMC from a “sell” rating to a “hold” rating in a report on Saturday, June 27th. UBS Group increased their price target on FMC from $14.00 to $17.00 and gave the company a “neutral” rating in a research report on Thursday, April 9th. Citigroup dropped their price target on FMC from $17.00 to $14.00 and set a “neutral” rating on the stock in a report on Monday, June 22nd. Finally, Royal Bank Of Canada dropped their price target on FMC from $17.00 to $14.00 and set a “sector perform” rating on the stock in a report on Thursday, June 11th. Two analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Reduce” and an average price target of $19.96.
View Our Latest Analysis on FMC
FMC Price Performance
FMC (NYSE:FMC – Get Free Report) last posted its earnings results on Wednesday, April 29th. The basic materials company reported ($0.23) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.39) by $0.16. The firm had revenue of $762.40 million during the quarter, compared to analyst estimates of $745.42 million. FMC had a negative net margin of 72.93% and a positive return on equity of 10.53%. The business’s revenue was down 4.1% compared to the same quarter last year. During the same quarter in the prior year, the business 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. As a group, analysts forecast that FMC will post 1.65 EPS for the current fiscal year.
Hedge Funds Weigh In On FMC
Large investors have recently modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in FMC by 11.0% in 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 buying an additional 5,091 shares during the period. Focus Partners Wealth grew its stake in FMC by 137.7% in the 1st quarter. Focus Partners Wealth now owns 21,427 shares of the basic materials company’s stock valued at $904,000 after buying an additional 12,414 shares in the last quarter. State of Tennessee Department of Treasury raised its holdings 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 valued at $2,401,000 after acquiring an additional 17,878 shares during the period. Entropy Technologies LP bought a new stake in FMC during the 3rd quarter valued at $267,000. Finally, Armistice Capital LLC purchased a new stake in shares of FMC during the third quarter worth $204,000. Hedge funds and other institutional investors own 91.86% of the company’s stock.
Key Stories Impacting FMC
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
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.
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