California State Teachers Retirement System Raises Position in TechnipFMC plc $FTI

California State Teachers Retirement System lifted its holdings in TechnipFMC plc (NYSE:FTI) by 20.9% in the first quarter, Holdings Channel reports. The firm owned 470,339 shares of the oil and gas company’s stock after buying an additional 81,165 shares during the period. California State Teachers Retirement System’s holdings in TechnipFMC were worth $32,515,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. V Square Quantitative Management LLC acquired a new position in TechnipFMC during the 1st quarter valued at about $26,000. Ascentis Independent Advisors acquired a new stake in TechnipFMC in the first quarter worth about $37,000. First Pacific Financial purchased a new stake in shares of TechnipFMC during the first quarter worth about $52,000. Newbridge Financial Services Group Inc. purchased a new stake in shares of TechnipFMC during the third quarter worth about $32,000. Finally, Summit Securities Group LLC acquired a new position in shares of TechnipFMC during the first quarter valued at about $60,000. 96.58% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on FTI shares. Susquehanna decreased their price objective on shares of TechnipFMC from $90.00 to $85.00 and set a “positive” rating for the company in a research report on Wednesday, July 8th. The Goldman Sachs Group reissued a “buy” rating on shares of TechnipFMC in a research report on Wednesday, June 3rd. Piper Sandler raised their price target on shares of TechnipFMC from $70.00 to $80.00 and gave the stock an “overweight” rating in a report on Wednesday, April 15th. Zacks Research downgraded shares of TechnipFMC from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 4th. Finally, Barclays boosted their price objective on shares of TechnipFMC from $70.00 to $87.00 and gave the company an “overweight” rating in a report on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, TechnipFMC presently has an average rating of “Moderate Buy” and an average price target of $69.64.

TechnipFMC News Summary

Here are the key news stories impacting TechnipFMC this week:

• Positive Sentiment: Q2 results exceeded expectations: Adjusted earnings were $0.91 per share versus the $0.80 analyst consensus, while revenue reached $2.76 billion, above the $2.68 billion estimate. EPS also increased from $0.68 a year earlier. TechnipFMC Announces Second-Quarter 2026 Results
• Positive Sentiment: Revenue and net income accelerated: Revenue rose 9% year over year to $2.76 billion and increased 10.8% sequentially. Net income climbed to $362.7 million from $260.5 million in the prior quarter, supporting the bullish investor reaction. TechnipFMC plc 2026 Q2 Results Earnings Call Presentation
• Positive Sentiment: Profitability remained robust: TechnipFMC reported a 10.62% net margin and 34.06% return on equity, reinforcing the view that the company is converting revenue growth into meaningful earnings. FMC Technologies Surpasses Q2 Earnings and Revenue Estimates
• Neutral Sentiment: Full-year outlook is broadly in line with expectations: TechnipFMC issued 2026 revenue guidance of $10.4 billion to $10.9 billion, compared with consensus of $10.6 billion. The available update did not provide a specific EPS guidance figure, limiting the upside from the outlook itself. TechnipFMC Q2 2026 Earnings Call Transcript

TechnipFMC Trading Up 4.0%

Shares of NYSE:FTI opened at $71.66 on Friday. TechnipFMC plc has a 52-week low of $34.27 and a 52-week high of $77.92. The stock has a market cap of $28.57 billion, a price-to-earnings ratio of 24.88, a PEG ratio of 1.45 and a beta of 0.70. The company has a quick ratio of 0.88, a current ratio of 1.08 and a debt-to-equity ratio of 0.09. The business has a 50-day moving average price of $69.48 and a 200-day moving average price of $66.98.

TechnipFMC (NYSE:FTI) last issued its earnings results on Thursday, July 30th. The oil and gas company reported $0.91 EPS for the quarter, beating analysts’ consensus estimates of $0.80 by $0.11. TechnipFMC had a return on equity of 36.54% and a net margin of 11.28%.The firm had revenue of $2.76 billion for the quarter, compared to analyst estimates of $2.71 billion. During the same quarter in the prior year, the firm earned $0.68 earnings per share. TechnipFMC’s revenue for the quarter was up 9.0% on a year-over-year basis. Equities analysts predict that TechnipFMC plc will post 3.01 EPS for the current year.

TechnipFMC Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 2nd. Shareholders of record on Tuesday, August 18th will be paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 0.3%. The ex-dividend date is Tuesday, August 18th. TechnipFMC’s payout ratio is presently 7.63%.

TechnipFMC Profile

TechnipFMC is an integrated oilfield services and technology company that designs, manufactures and delivers systems and services for the energy industry. The company’s activities span the full lifecycle of oil and gas projects, with capabilities in subsea production systems, surface wellhead and intervention equipment, and onshore/offshore engineering and construction. TechnipFMC combines engineering and project management with fabrication, installation and maintenance services to help operators develop and produce hydrocarbon resources.

Its product and service portfolio includes subsea hardware such as trees, manifolds, umbilicals, risers and flowlines, as well as surface equipment for drilling, completions and well intervention.