FMC (NYSE:FMC) Sets New 12-Month Low on Analyst Downgrade

FMC Corporation (NYSE:FMC)’s share price reached a new 52-week low during trading on Thursday after Royal Bank Of Canada lowered their price target on the stock from $17.00 to $14.00. Royal Bank Of Canada currently has a sector perform rating on the stock. FMC 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.

Several other equities analysts have also recently commented on FMC. The Goldman Sachs Group boosted their price target on shares of FMC from $17.00 to $21.00 and gave the company a “buy” rating in a report on Tuesday, April 14th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of FMC in a research note on Friday, May 29th. Citigroup lifted their price objective on shares of FMC from $15.00 to $17.00 and gave the company a “neutral” rating in a research note on Friday, May 1st. Wall Street Zen lowered shares of FMC from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Finally, JPMorgan Chase & Co. lifted 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. Two analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average target price of $20.21.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of FMC. Root Financial Partners LLC lifted its position in 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 acquiring an additional 1,785 shares during the last quarter. Essential Partners LLC acquired a new position in shares of FMC during the first quarter valued at about $43,000. Parallel Advisors LLC raised its position in shares of FMC by 297.2% during the first quarter. Parallel Advisors LLC now owns 6,264 shares of the basic materials company’s stock valued at $108,000 after buying an additional 4,687 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in shares of FMC by 3,714.8% during 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 during the last quarter. Finally, Armistice Capital LLC acquired a new position in shares of FMC during the third quarter valued at about $204,000. Institutional investors and hedge funds own 91.86% of the company’s stock.

FMC Price Performance

The stock’s 50-day moving average price is $14.47 and its 200 day moving average price is $14.51. The firm has a market cap of $1.48 billion, a price-to-earnings ratio of -0.59, a price-to-earnings-growth ratio of 0.90 and a beta of 0.35. The company has a quick ratio of 0.96, a current ratio of 1.29 and a debt-to-equity ratio of 1.50.

FMC (NYSE:FMC) last announced its quarterly earnings data on Wednesday, April 29th. The basic materials company reported ($0.23) EPS for the quarter, beating analysts’ consensus estimates of ($0.39) by $0.16. The business 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 firm’s revenue for the quarter was down 4.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.18 earnings per share. 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 research analysts predict that FMC Corporation will post 1.69 earnings per share for the current year.

FMC Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 16th. Stockholders of record on Tuesday, June 30th will be given a dividend of $0.08 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 2.7%. FMC’s dividend payout ratio is currently -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.