FMC Corporation (NYSE:FMC – Get Free Report)’s stock price reached a new 52-week low on Friday . The company traded as low as $11.82 and last traded at $11.7840, with a volume of 1154988 shares traded. The stock had previously closed at $12.19.
Analyst Ratings Changes
A number of analysts have recently weighed in on the stock. Royal Bank Of Canada upped their target price on shares of FMC from $16.00 to $17.00 and gave the stock a “sector perform” rating in a research report on Friday, May 1st. Citigroup upped their price target on shares of FMC from $15.00 to $17.00 and gave the stock a “neutral” rating in a research note on Friday, May 1st. Wells Fargo & Company upped their price target on shares of FMC from $14.00 to $17.00 and gave the stock an “equal weight” rating in a research note on Tuesday, April 21st. Zacks Research upgraded shares of FMC from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 7th. Finally, JPMorgan Chase & Co. upped their price target on shares of FMC from $15.00 to $16.00 and gave the stock a “neutral” rating in a research note on Friday, May 1st. Two research analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, FMC has a consensus rating of “Reduce” and an average price target of $20.46.
View Our Latest Research Report on FMC
FMC Stock Down 4.6%
FMC (NYSE:FMC – Get Free Report) 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. 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 company’s revenue was down 4.1% on a year-over-year basis. During the same period last year, the firm posted $0.18 EPS. 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, analysts predict that FMC Corporation will post 1.69 EPS for the current fiscal year.
FMC Dividend Announcement
The company also recently announced 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. This represents a $0.32 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date is Tuesday, June 30th. FMC’s dividend payout ratio is currently -1.60%.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently modified their holdings of the company. Root Financial Partners LLC lifted 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 worth $32,000 after buying an additional 1,785 shares during the last quarter. Essential Partners LLC bought a new stake in FMC in the first quarter worth $43,000. Parallel Advisors LLC lifted its position in 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 last quarter. EverSource Wealth Advisors LLC lifted its position in 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 worth $156,000 after buying an additional 8,804 shares during the last quarter. Finally, Armistice Capital LLC bought a new stake in FMC in the third quarter worth $204,000. 91.86% of the stock is currently owned by institutional investors.
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.
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