Brokerages Set FMC Corporation (NYSE:FMC) PT at $20.46

Shares of FMC Corporation (NYSE:FMC) have been given a consensus rating of “Reduce” by the fourteen analysts that are covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a sell recommendation, nine have issued a hold recommendation and two have given a buy recommendation to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $20.4583.

A number of brokerages recently issued reports on FMC. Mizuho lowered their price objective on FMC from $21.00 to $20.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 17th. Zacks Research raised FMC from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 7th. 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. Wall Street Zen raised FMC from a “sell” rating to a “hold” rating in a report on Sunday, April 5th. Finally, Wells Fargo & Company lifted their target price on FMC from $14.00 to $17.00 and gave the company an “equal weight” rating in a report on Tuesday, April 21st.

Insiders Place Their Bets

In related news, Director Michael F. Barry bought 18,072 shares of FMC stock in a transaction on Wednesday, March 4th. The stock was acquired at an average price of $13.83 per share, with a total value of $249,935.76. Following the acquisition, the director directly owned 19,634 shares of the company’s stock, valued at $271,538.22. This represents a 1,156.98% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.82% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. SG Americas Securities LLC grew its holdings in FMC by 290.5% during the 3rd quarter. SG Americas Securities LLC now owns 97,781 shares of the basic materials company’s stock valued at $3,288,000 after buying an additional 72,743 shares in the last quarter. Jones Financial Companies Lllp grew its holdings in shares of FMC by 6.3% during the third quarter. Jones Financial Companies Lllp now owns 728,716 shares of the basic materials company’s stock worth $24,514,000 after purchasing an additional 43,275 shares in the last quarter. Inspire Trust Co. N.A. grew its holdings in shares of 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 purchasing an additional 52,900 shares in the last quarter. Arkadios Wealth Advisors grew its holdings in shares of FMC by 5.0% during the third quarter. Arkadios Wealth Advisors now owns 21,279 shares of the basic materials company’s stock worth $716,000 after purchasing an additional 1,009 shares in the last quarter. Finally, Entropy Technologies LP purchased a new position in shares of FMC during the third quarter worth about $267,000. Hedge funds and other institutional investors own 91.86% of the company’s stock.

FMC Trading Up 2.3%

Shares of FMC stock opened at $14.89 on Friday. FMC has a 52-week low of $12.17 and a 52-week high of $44.78. The stock’s 50-day simple moving average is $15.46 and its 200 day simple moving average is $15.82. The stock has a market capitalization of $1.86 billion, a P/E ratio of -0.75, a P/E/G ratio of 1.17 and a beta of 0.39. 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 announced its quarterly earnings data on Wednesday, April 29th. The basic materials company reported ($0.23) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.39) by $0.16. FMC had a positive return on equity of 10.53% and a negative net margin of 72.93%.The business had revenue of $762.40 million for the quarter, compared to analysts’ expectations of $745.42 million. During the same period in the previous year, the business posted $0.18 EPS. The firm’s quarterly revenue was down 4.1% compared to the same quarter last year. 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, research analysts anticipate that FMC will post 1.68 EPS for the current year.

FMC Announces Dividend

The business also recently announced 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 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend is Tuesday, June 30th. FMC’s payout ratio is presently -1.60%.

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.