Nicholas Pfeiffer Sells 1,251 Shares of FMC (NYSE:FMC) Stock

FMC Corporation (NYSE:FMC) insider Nicholas Pfeiffer sold 1,251 shares of the business’s stock in a transaction dated Wednesday, September 9th. The stock was sold at an average price of $12.78, for a total transaction of $15,987.78. Following the completion of the transaction, the insider directly owned 28,513 shares in the company, valued at $364,396.14. This trade represents a 4.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

FMC Price Performance

FMC opened at $11.38 on Friday. FMC Corporation has a fifty-two week low of $9.94 and a fifty-two week high of $38.68. The firm has a 50-day moving average of $11.20 and a 200 day moving average of $13.03. The company has a debt-to-equity ratio of 2.38, a quick ratio of 1.48 and a current ratio of 1.99. The firm has a market cap of $1.43 billion, a P/E ratio of -0.52 and a beta of 0.41.

FMC (NYSE:FMC) last announced its quarterly earnings data on Wednesday, July 29th. The basic materials company reported $0.26 EPS for the quarter, topping the consensus estimate of $0.22 by $0.04. FMC had a negative net margin of 84.83% and a positive return on equity of 11.35%. The business had revenue of $841.40 million for the quarter, compared to analyst estimates of $895.14 million. During the same quarter in the previous year, the firm posted $0.69 earnings per share. The company’s revenue for the quarter was down 17.5% on a year-over-year basis. On average, research analysts expect that FMC Corporation will post 1.27 EPS for the current year.

FMC Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be paid a $0.08 dividend. The ex-dividend date is Wednesday, September 30th. This represents a $0.32 annualized dividend and a yield of 2.8%. FMC’s dividend payout ratio is presently -1.45%.

Hedge Funds Weigh In On FMC

Several hedge funds have recently made changes to their positions in FMC. Root Financial Partners LLC raised its stake in shares of 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 valued at $32,000 after purchasing an additional 1,785 shares during the period. Essential Partners LLC bought a new position in FMC in the 1st quarter worth about $43,000. IFP Advisors Inc grew its holdings in FMC by 99.0% during the 2nd quarter. IFP Advisors Inc now owns 2,726 shares of the basic materials company’s stock valued at $31,000 after buying an additional 1,356 shares in the last quarter. Nykredit A S purchased a new position in FMC during the 2nd quarter valued at about $55,000. Finally, Armistice Capital LLC bought a new stake in shares of FMC during the third quarter valued at about $204,000. 91.86% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on FMC. BMO Capital Markets set a $14.00 price target on FMC in a research report on Friday, July 3rd. Wall Street Zen raised FMC from a “sell” rating to a “hold” rating in a report on Saturday, August 1st. Morgan Stanley lowered their price objective on FMC from $15.50 to $12.00 and set an “equal weight” rating on the stock in a research note on Friday, July 31st. JPMorgan Chase & Co. cut their target price on shares of FMC from $16.00 to $12.00 and set a “neutral” rating for the company in a research report on Friday, July 31st. Finally, KeyCorp assumed coverage on shares of FMC in a research note on Friday. They issued an “overweight” rating and a $16.00 target price for the company. Four analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, FMC currently has an average rating of “Hold” and an average target price of $14.38.

Trending Headlines about FMC

Here are the key news stories impacting FMC this week:

• Positive Sentiment: KeyCorp initiated coverage with an “overweight” rating and a $16 price target, implying roughly 40.6% upside from the recent trading level. The firm also projected FY2028 earnings of $2.05 per share, well above the current-year consensus estimate of $1.27, signaling expectations for a longer-term earnings recovery.
• Positive Sentiment: Analysts’ average price target is reported at $14.25, above FMC’s recent share price. The company also declared its regular $0.08 quarterly dividend, equal to $0.32 annually and an indicated yield of approximately 2.6%. FMC analyst price target report
• Neutral Sentiment: Corporate controller Nicholas Pfeiffer sold 1,251 shares for approximately $15,988, reducing his holdings by 4.2% while retaining 28,513 shares. The relatively small transaction is a modest negative signal but is unlikely to materially change the investment case. FMC insider sale SEC filing
• Negative Sentiment: FMC’s latest reported quarter showed revenue falling 17.5% year over year to $841.4 million, below analyst expectations, while earnings declined from the prior year. Its elevated debt-to-equity ratio of 2.38 and negative net margin remain additional risks.
• Neutral Sentiment: Reports about vulnerabilities in Cisco Secure FMC concern Cisco cybersecurity software, not FMC Corporation, and should not affect FMC shares. Similarly, news involving the Federal Maritime Commission or TechnipFMC relates to different entities.

FMC Company Profile

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.