Strs Ohio Makes New Investment in FMC Corporation $FMC

Key Points

• Strs Ohio has acquired 450,000 shares of FMC Corporation, valued at approximately $18.99 million, increasing its ownership to 0.36% as of the latest SEC filing.
• FMC reported a quarterly earnings per share (EPS) of $0.69, exceeding analysts' estimates of $0.59, and has set a guidance for Q3 2025 EPS between 0.780-0.980.
• The company declared a quarterly dividend of $0.58 per share, with an annualized yield of 6.1%, following a significant increase in institutional ownership to 91.86%.

Strs Ohio purchased a new position in FMC Corporation (NYSE:FMC - Free Report) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 450,000 shares of the basic materials company's stock, valued at approximately $18,986,000. Strs Ohio owned approximately 0.36% of FMC as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Financial Harvest LLC acquired a new position in shares of FMC in the 1st quarter worth approximately $29,000. Elequin Capital LP acquired a new position in FMC in the first quarter worth $30,000. Golden State Wealth Management LLC increased its stake in FMC by 66.6% during the first quarter. Golden State Wealth Management LLC now owns 1,006 shares of the basic materials company's stock valued at $42,000 after purchasing an additional 402 shares during the last quarter. Central Pacific Bank Trust Division acquired a new stake in shares of FMC during the first quarter worth $55,000. Finally, AlphaQuest LLC bought a new position in shares of FMC in the 1st quarter worth about $74,000. Institutional investors and hedge funds own 91.86% of the company's stock.

Insider Activity at FMC

In related news, VP Jacqueline Scanlan sold 1,510 shares of the business's stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $37.49, for a total transaction of $56,609.90. Following the sale, the vice president owned 36,834 shares of the company's stock, valued at $1,380,906.66. The trade was a 3.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.67% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of equities analysts have issued reports on the stock. Wall Street Zen raised shares of FMC from a "sell" rating to a "hold" rating in a report on Saturday, June 14th. KeyCorp raised their price target on FMC from $53.00 to $61.00 and gave the stock an "overweight" rating in a report on Monday, July 14th. Royal Bank Of Canada lowered their price objective on FMC from $47.00 to $42.00 and set a "sector perform" rating for the company in a research note on Friday, August 1st. Wells Fargo & Company raised FMC from an "equal weight" rating to an "overweight" rating and increased their target price for the stock from $41.00 to $50.00 in a research report on Monday, June 23rd. Finally, UBS Group cut their target price on FMC from $45.00 to $44.00 and set a "neutral" rating on the stock in a research note on Thursday, July 31st. Five research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, FMC has an average rating of "Hold" and an average price target of $49.58.

FMC Stock Performance

FMC stock traded up $0.07 during trading on Thursday, reaching $37.34. 555,068 shares of the company's stock were exchanged, compared to its average volume of 2,443,193. The company has a quick ratio of 1.14, a current ratio of 1.53 and a debt-to-equity ratio of 0.74. FMC Corporation has a 1-year low of $32.83 and a 1-year high of $67.75. The company's fifty day moving average price is $39.25 and its 200-day moving average price is $39.89. The firm has a market cap of $4.66 billion, a PE ratio of 46.68, a P/E/G ratio of 1.15 and a beta of 0.76.

FMC (NYSE:FMC - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The basic materials company reported $0.69 EPS for the quarter, beating analysts' consensus estimates of $0.59 by $0.10. The company had revenue of $1.05 billion for the quarter, compared to analyst estimates of $995.15 million. FMC had a return on equity of 9.36% and a net margin of 2.42%.The company's quarterly revenue was up 1.2% compared to the same quarter last year. During the same period last year, the company earned $0.63 earnings per share. FMC has set its Q3 2025 guidance at 0.780-0.980 EPS. FY 2025 guidance at 3.260-3.700 EPS. On average, research analysts expect that FMC Corporation will post 3.48 EPS for the current fiscal year.

FMC Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 16th. Stockholders of record on Tuesday, September 30th will be issued a $0.58 dividend. The ex-dividend date is Tuesday, September 30th. This represents a $2.32 annualized dividend and a dividend yield of 6.2%. FMC's dividend payout ratio (DPR) is 290.00%.

FMC Profile

FMC Corporation, an agricultural sciences company, provides crop protection, plant health, and professional pest and turf management products. It develops, markets, and sells crop protection chemicals that includes insecticides, herbicides, and fungicides; and biologicals, crop nutrition, and seed treatment products, which are used in agriculture to enhance crop yield and quality by controlling a range of insects, weeds, and diseases, as well as in non-agricultural markets for pest control.