Advisors Asset Management Inc. Raises Stock Position in FMC Corporation $FMC

Key Points

• Advisors Asset Management Inc. increased its holdings in FMC Corporation by 66.5%, acquiring an additional 49,115 shares in the first quarter, bringing their total ownership to 122,966 shares valued at approximately $5.19 million.
• FMC Corporation reported $1.05 billion in revenue and $0.69 EPS for the last quarter, surpassing analysts' estimates and showing a year-over-year revenue increase of 1.2%.
• The company declared a quarterly dividend of $0.58 per share, representing a **6.2% yield**, with the ex-dividend date set for **September 30th**.

Advisors Asset Management Inc. grew its stake in shares of FMC Corporation (NYSE:FMC - Free Report) by 66.5% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 122,966 shares of the basic materials company's stock after acquiring an additional 49,115 shares during the quarter. Advisors Asset Management Inc. owned about 0.10% of FMC worth $5,188,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in FMC. The Manufacturers Life Insurance Company boosted its holdings in shares of FMC by 4.9% during the 4th quarter. The Manufacturers Life Insurance Company now owns 102,760 shares of the basic materials company's stock valued at $4,995,000 after acquiring an additional 4,807 shares during the last quarter. Mercer Global Advisors Inc. ADV lifted its stake in shares of FMC by 17.9% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 6,792 shares of the basic materials company's stock worth $330,000 after purchasing an additional 1,033 shares during the period. Algert Global LLC lifted its stake in shares of FMC by 0.5% in the 4th quarter. Algert Global LLC now owns 59,052 shares of the basic materials company's stock worth $2,871,000 after purchasing an additional 300 shares during the period. Ameriprise Financial Inc. raised its position in FMC by 1.3% in the fourth quarter. Ameriprise Financial Inc. now owns 1,495,609 shares of the basic materials company's stock worth $72,712,000 after acquiring an additional 18,777 shares during the period. Finally, BNP Paribas Financial Markets boosted its stake in shares of FMC by 122.6% during the 4th quarter. BNP Paribas Financial Markets now owns 416,391 shares of the basic materials company's stock worth $20,241,000 after acquiring an additional 229,363 shares during the last quarter. Hedge funds and other institutional investors own 91.86% of the company's stock.

Analysts Set New Price Targets

Several research firms have recently commented on FMC. UBS Group reduced their price objective on FMC from $45.00 to $44.00 and set a "neutral" rating for the company in a research note on Thursday, July 31st. Wall Street Zen raised FMC from a "sell" rating to a "hold" rating in a research report on Saturday, June 14th. KeyCorp boosted their price objective on FMC from $53.00 to $61.00 and gave the company an "overweight" rating in a research note on Monday, July 14th. Royal Bank Of Canada reduced their target price on shares of FMC from $47.00 to $42.00 and set a "sector perform" rating for the company in a report on Friday, August 1st. Finally, Morgan Stanley lowered their price target on shares of FMC from $46.00 to $42.00 and set an "equal weight" rating on the stock in a report on Friday, August 1st. Five research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $49.58.

FMC Price Performance

FMC traded up $0.13 during trading on Monday, hitting $37.91. 1,485,026 shares of the company traded hands, compared to its average volume of 2,478,025. The company has a current ratio of 1.53, a quick ratio of 1.14 and a debt-to-equity ratio of 0.74. The company has a market cap of $4.73 billion, a PE ratio of 47.38, a P/E/G ratio of 1.18 and a beta of 0.76. The stock's 50-day simple moving average is $40.20 and its two-hundred day simple moving average is $39.94. FMC Corporation has a 1 year low of $32.83 and a 1 year high of $67.75.

FMC (NYSE:FMC - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The basic materials company reported $0.69 EPS for the quarter, beating the consensus estimate of $0.59 by $0.10. The business had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $995.15 million. FMC had a net margin of 2.42% and a return on equity of 9.36%. The business's revenue was up 1.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $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. As a group, sell-side analysts anticipate that FMC Corporation will post 3.48 earnings per share for the current fiscal year.

FMC Dividend Announcement

The company 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 dividend of $0.58 per share. This represents a $2.32 annualized dividend and a dividend yield of 6.1%. The ex-dividend date of this dividend is Tuesday, September 30th. FMC's dividend payout ratio is 290.00%.

Insider Activity at FMC

In other news, VP Jacqueline Scanlan sold 1,510 shares of the 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 completion of the transaction, the vice president directly owned 36,834 shares in the company, valued at approximately $1,380,906.66. This represents a 3.94% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.67% of the company's stock.

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.