FMC (NYSE:FMC) Trading Up 6.6% – Here’s Why

FMC Corporation (NYSE:FMCGet Free Report)’s stock price shot up 6.6% on Wednesday . The company traded as high as $12.06 and last traded at $12.1220. Approximately 342,902 shares traded hands during trading, a decline of 91% from the average session volume of 3,903,479 shares. The stock had previously closed at $11.37.

Wall Street Analysts Forecast Growth

FMC has been the subject of several research reports. Vertical Research cut shares of FMC from a “hold” rating to a “sell” rating and set a $14.00 price objective for the company. in a research note on Wednesday, April 22nd. Citigroup cut their target price on FMC from $17.00 to $14.00 and set a “neutral” rating on the stock in a research report on Monday, June 22nd. The Goldman Sachs Group lifted their target price on FMC from $17.00 to $21.00 and gave the company a “buy” rating in a report on Tuesday, April 14th. Weiss Ratings reissued a “sell (d-)” rating on shares of FMC in a research report on Friday, May 29th. Finally, BMO Capital Markets set a $14.00 price target on FMC in a research report on Friday, July 3rd. Two analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Reduce” and an average price target of $15.54.

Get Our Latest Stock Analysis on FMC

FMC Price Performance

The stock has a market cap of $1.49 billion, a PE ratio of -0.60 and a beta of 0.38. 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 company’s fifty day moving average is $11.93 and its 200 day moving average is $14.09.

FMC (NYSE:FMCGet Free Report) last released its quarterly earnings data 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. 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 during the quarter, compared to the consensus estimate of $745.42 million. During the same period in the previous year, the firm earned $0.18 earnings per share. FMC’s revenue for the quarter 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, sell-side analysts anticipate that FMC Corporation will post 1.63 earnings per share for the current fiscal year.

FMC Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 16th. Investors of record on Tuesday, June 30th were given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend was Tuesday, June 30th. FMC’s dividend payout ratio is -1.60%.

Institutional Trading of FMC

Large investors have recently added to or reduced their stakes in the stock. Root Financial Partners LLC raised its position in FMC by 3,642.9% in the first quarter. Root Financial Partners LLC now owns 1,834 shares of the basic materials company’s stock valued at $32,000 after purchasing an additional 1,785 shares during the period. Essential Partners LLC purchased a new stake in shares of FMC in the first quarter worth about $43,000. Parallel Advisors LLC boosted its position 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 worth $108,000 after buying an additional 4,687 shares during the period. EverSource Wealth Advisors LLC grew its stake in shares of 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 valued at $156,000 after buying an additional 8,804 shares in the last quarter. Finally, Armistice Capital LLC acquired a new stake in shares of FMC in the third quarter valued at about $204,000. 91.86% of the stock is currently owned by institutional investors and hedge funds.

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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