Canada Pension Plan Investment Board Invests $2.06 Million in FMC Corporation $FMC

Key Points

• Canada Pension Plan Investment Board has acquired a new position in FMC Corporation, purchasing 48,900 shares valued at approximately $2,063,000.
• FMC recently reported earnings of $0.69 per share, surpassing estimates, and set its Q3 2025 guidance between $0.780-0.980 EPS.
• The company plans to pay a quarterly dividend of $0.58 per share on October 16th, representing a 6.2% dividend yield.

Canada Pension Plan Investment Board purchased a new position in FMC Corporation (NYSE:FMC - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 48,900 shares of the basic materials company's stock, valued at approximately $2,063,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. State of Wyoming raised its holdings in shares of FMC by 344.9% in the first quarter. State of Wyoming now owns 7,959 shares of the basic materials company's stock worth $336,000 after buying an additional 6,170 shares during the last quarter. Trexquant Investment LP increased its stake in shares of FMC by 35.8% in the first quarter. Trexquant Investment LP now owns 124,886 shares of the basic materials company's stock worth $5,269,000 after acquiring an additional 32,922 shares during the period. Landscape Capital Management L.L.C. acquired a new stake in shares of FMC in the first quarter worth $346,000. OMERS ADMINISTRATION Corp increased its stake in shares of FMC by 1,633.9% in the first quarter. OMERS ADMINISTRATION Corp now owns 74,695 shares of the basic materials company's stock worth $3,151,000 after acquiring an additional 70,387 shares during the period. Finally, Ieq Capital LLC increased its stake in shares of FMC by 1,113.7% in the first quarter. Ieq Capital LLC now owns 193,545 shares of the basic materials company's stock worth $8,166,000 after acquiring an additional 177,598 shares during the period. Hedge funds and other institutional investors own 91.86% of the company's stock.

FMC Stock Performance

FMC stock traded up $0.39 during midday trading on Friday, hitting $37.68. 1,857,123 shares of the stock traded hands, compared to its average volume of 1,523,143. The firm has a market cap of $4.71 billion, a P/E ratio of 47.09, a PEG ratio of 1.18 and a beta of 0.76. 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 stock's fifty day simple moving average is $40.20 and its 200-day simple moving average is $39.93. 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 results 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 company had revenue of $1.05 billion for the quarter, compared to analyst estimates of $995.15 million. FMC had a net margin of 2.42% and a return on equity of 9.36%. The firm's revenue was up 1.2% on a year-over-year basis. During the same quarter last year, the business 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, analysts expect that FMC Corporation will post 3.48 earnings per share for the current year.

FMC Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 16th. Shareholders 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 yield of 6.2%. The ex-dividend date of this dividend is Tuesday, September 30th. FMC's dividend payout ratio (DPR) is presently 290.00%.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on FMC. Wall Street Zen upgraded shares of FMC from a "sell" rating to a "hold" rating in a research note on Saturday, June 14th. UBS Group cut their price objective on shares of FMC from $45.00 to $44.00 and set a "neutral" rating on the stock in a research note on Thursday, July 31st. Barclays cut their price objective on shares of FMC from $49.00 to $48.00 and set an "overweight" rating on the stock in a research note on Wednesday, August 13th. Wells Fargo & Company upgraded shares of FMC from an "equal weight" rating to an "overweight" rating and increased their price objective for the stock from $41.00 to $50.00 in a research note on Monday, June 23rd. Finally, Royal Bank Of Canada cut their price objective on shares of FMC from $47.00 to $42.00 and set a "sector perform" rating on the stock in a research note on Friday, August 1st. Five 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. Based on data from MarketBeat, FMC has a consensus rating of "Hold" and a consensus target price of $49.58.

Insider Transactions at FMC

In other FMC news, VP Jacqueline Scanlan sold 1,510 shares of the stock in a transaction on Monday, August 18th. The shares were sold at an average price of $37.49, for a total transaction of $56,609.90. Following the transaction, the vice president directly owned 36,834 shares of the company's stock, valued at $1,380,906.66. This trade represents a 3.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.67% of the stock is currently owned by insiders.

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.