Landscape Capital Management L.L.C. Purchases Shares of 8,192 FMC Corporation $FMC

Key Points

• Landscape Capital Management L.L.C. acquired 8,192 shares of FMC Corporation, valued at approximately $346,000, signaling new institutional investment interest in the company.
• FMC Corporation reported a net margin of 2.42% and earnings per share of $0.69, which exceeded consensus estimates, alongside a quarterly revenue increase of 1.2% year-over-year.
• Several brokerages have decreased their price targets for FMC, with Royal Bank of Canada and Morgan Stanley both lowering their targets to $42.00, indicating a cautious outlook on the stock.

Landscape Capital Management L.L.C. acquired a new position in shares of FMC Corporation (NYSE:FMC - Free Report) in the 1st quarter, according to its most recent disclosure with the SEC. The fund acquired 8,192 shares of the basic materials company's stock, valued at approximately $346,000.

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

FMC Trading Up 1.0%

FMC stock traded up $0.39 during midday trading on Friday, reaching $37.68. The stock had a trading volume of 1,857,123 shares, compared to its average volume of 1,523,143. FMC Corporation has a twelve month low of $32.83 and a twelve month high of $67.75. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.53 and a quick ratio of 1.14. The firm has a market cap of $4.71 billion, a price-to-earnings ratio of 47.09, a PEG ratio of 1.16 and a beta of 0.76. The firm's fifty day simple moving average is $40.20 and its two-hundred day simple moving average is $39.91.

FMC (NYSE:FMC - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The basic materials company reported $0.69 EPS for the quarter, topping analysts' consensus estimates of $0.59 by $0.10. The firm had revenue of $1.05 billion during 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 business's quarterly revenue was up 1.2% compared to the same quarter last year. During the same period last year, the company posted $0.63 EPS. FMC has set its Q3 2025 guidance at 0.780-0.980 EPS. FY 2025 guidance at 3.260-3.700 EPS. Equities analysts anticipate that FMC Corporation will post 3.48 EPS for the current fiscal year.

FMC Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 16th. Shareholders of record on Tuesday, September 30th will be paid a $0.58 dividend. The ex-dividend date is Tuesday, September 30th. This represents a $2.32 dividend on an annualized basis and a yield of 6.2%. FMC's payout ratio is 290.00%.

Insiders Place Their Bets

In other FMC news, VP Jacqueline Scanlan sold 1,510 shares of the business's stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $37.49, for a total value of $56,609.90. Following the completion of 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 filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.67% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research firms recently commented on FMC. Morgan Stanley dropped their target price on FMC from $46.00 to $42.00 and set an "equal weight" rating for the company in a research note on Friday, August 1st. Barclays decreased their target price on FMC from $49.00 to $48.00 and set an "overweight" rating for the company in a research report on Wednesday, August 13th. Wells Fargo & Company upgraded shares of FMC from an "equal weight" rating to an "overweight" rating and boosted their price objective for the stock from $41.00 to $50.00 in a report on Monday, June 23rd. Royal Bank Of Canada dropped their price target on shares of FMC from $47.00 to $42.00 and set a "sector perform" rating for the company in a research note on Friday, August 1st. Finally, KeyCorp lifted their target price on FMC from $53.00 to $61.00 and gave the stock an "overweight" rating in a research report on Monday, July 14th. Five investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $49.58.

About FMC

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.