FMC (NYSE:FMC) Trading Down 8% – Here’s What Happened

FMC Corporation (NYSE:FMC)’s share price traded down 8% during mid-day trading on Friday . The stock traded as low as $10.94 and last traded at $10.8780. 1,039,845 shares were traded during mid-day trading, a decline of 74% from the average daily volume of 3,927,537 shares. The stock had previously closed at $11.83.

FMC News Summary

Here are the key news stories impacting FMC this week:

• Positive Sentiment: FMC reported second-quarter adjusted EPS of $0.26, above the $0.21 consensus estimate, while adjusted EBITDA of $153 million exceeded the high end of management’s guidance range. FMC Tops Q2 Earnings Estimates
• Positive Sentiment: Cash generation improved substantially, with $363 million in operating cash flow. FMC also raised its free-cash-flow target to $75 million-$225 million, including a $200 million upfront licensing payment for rimisoxafen. Planned asset sales, licensing proceeds and other transactions are expected to provide approximately $1 billion for debt reduction, helping address the company’s leveraged balance sheet. FMC Corporation Reports Second Quarter 2026 Results
• Neutral Sentiment: Management said its strategic review has concluded and is continuing to prioritize operational execution, portfolio actions and balance-sheet improvement. An insider purchase of 18,072 shares may provide a limited confidence signal, though institutional positioning remains mixed. FMC Q2 2026 Earnings Call Transcript
• Negative Sentiment: Second-quarter revenue fell 17% year over year to $867 million, organic revenue declined 22%, adjusted EPS dropped 62% from the prior year, and FMC posted a $187 million GAAP net loss. The revenue decline reflected weaker pricing and volumes. FMC Q2 Revenue Falls 17 Percent
• Negative Sentiment: FMC cut full-year 2026 guidance to $3.5 billion-$3.7 billion in revenue, $620 million-$680 million in adjusted EBITDA and $1.19-$1.49 in adjusted EPS—well below the $1.68 analyst EPS consensus. Third-quarter EPS guidance of $0.05-$0.13 also substantially trails expectations, reinforcing concerns about near-term earnings pressure and structural headwinds. FMC Forecasts 2026 Adjusted EPS

Analyst Ratings Changes

FMC has been the subject of several research analyst reports. JPMorgan Chase & Co. upped their target price 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 lowered shares of FMC from a “hold” rating to a “sell” rating in a research report on Sunday, July 5th. Royal Bank Of Canada dropped their price objective on shares of FMC from $14.00 to $12.00 and set a “sector perform” rating on the stock in a report on Tuesday, July 21st. Wells Fargo & Company upped their price objective on shares of FMC from $14.00 to $17.00 and gave the company an “equal weight” rating in a research report on Tuesday, April 21st. Finally, The Goldman Sachs Group reiterated a “buy” rating and issued a $18.00 target price on shares of FMC in a research note on Friday. Two equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat.com, FMC currently has an average rating of “Reduce” and an average price target of $15.12.

FMC Stock Performance

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 firm has a 50-day moving average of $11.65 and a 200 day moving average of $13.93. The stock has a market capitalization of $1.35 billion, a P/E ratio of -0.49 and a beta of 0.38.

FMC (NYSE:FMC) last announced its quarterly earnings results on Wednesday, July 29th. The basic materials company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.05. The firm had revenue of $841.40 million for the quarter, compared to analyst estimates of $895.14 million. FMC had a negative net margin of 84.83% and a positive return on equity of 10.34%. The business’s revenue for the quarter was down 17.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.69 EPS. Research analysts anticipate that FMC Corporation will post 1.61 EPS for the current fiscal year.

FMC Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be given a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend is Wednesday, September 30th. FMC’s dividend payout ratio is -1.45%.

Institutional Investors Weigh In On FMC

A number of institutional investors have recently added to or reduced their stakes in FMC. SG Americas Securities LLC grew its stake in shares of FMC by 104.9% in the 4th quarter. SG Americas Securities LLC now owns 200,326 shares of the basic materials company’s stock valued at $2,779,000 after purchasing an additional 102,545 shares during the period. Entropy Technologies LP acquired a new stake in FMC in the 1st quarter valued at $1,401,000. Icon Wealth Advisors LLC boosted its stake in FMC by 217.2% in the 4th quarter. Icon Wealth Advisors LLC now owns 63,647 shares of the basic materials company’s stock valued at $883,000 after buying an additional 43,582 shares in the last quarter. Handelsbanken Fonder AB grew its position in FMC by 67.1% in the second quarter. Handelsbanken Fonder AB now owns 58,000 shares of the basic materials company’s stock valued at $667,000 after acquiring an additional 23,300 shares during the period. Finally, State of Tennessee Department of Treasury grew its position in FMC by 45.1% in the second 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. 91.86% of the stock is owned by institutional investors and hedge funds.

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.