Dimensional Fund Advisors LP Grows Stock Position in FMC Corporation $FMC

Key Points

• Dimensional Fund Advisors LP has increased its stake in FMC Corporation by 20.0%, owning 2,743,271 shares, worth approximately $115.7 million as of the end of the 1st quarter.
• FMC Corporation reported a quarterly earnings per share (EPS) of $0.69, surpassing analyst expectations and showing a 1.2% year-over-year increase in revenue.
• The company has declared a quarterly dividend of $0.58 per share, representing a 5.7% yield and comes as the business looks to bolster investor confidence.

Dimensional Fund Advisors LP increased its holdings in FMC Corporation (NYSE:FMC - Free Report) by 20.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,743,271 shares of the basic materials company's stock after acquiring an additional 457,094 shares during the quarter. Dimensional Fund Advisors LP owned approximately 2.20% of FMC worth $115,736,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of FMC. New South Capital Management Inc. grew its position in FMC by 9.7% in the 1st quarter. New South Capital Management Inc. now owns 546,041 shares of the basic materials company's stock valued at $23,037,000 after buying an additional 48,431 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position in FMC by 608.3% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 101,731 shares of the basic materials company's stock valued at $4,294,000 after buying an additional 87,368 shares during the last quarter. Amalgamated Bank grew its position in FMC by 56.1% in the 1st quarter. Amalgamated Bank now owns 37,710 shares of the basic materials company's stock valued at $1,591,000 after buying an additional 13,556 shares during the last quarter. GAMMA Investing LLC grew its position in FMC by 114.8% in the 1st quarter. GAMMA Investing LLC now owns 4,245 shares of the basic materials company's stock valued at $179,000 after buying an additional 2,269 shares during the last quarter. Finally, SG Americas Securities LLC grew its position in FMC by 560.3% in the 1st quarter. SG Americas Securities LLC now owns 14,982 shares of the basic materials company's stock valued at $632,000 after buying an additional 12,713 shares during the last quarter. 91.86% of the stock is owned by institutional investors and hedge funds.

Insider Activity at FMC

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

FMC Price Performance

Shares of NYSE FMC traded down $0.41 during trading on Thursday, hitting $39.34. 1,124,872 shares of the company were exchanged, compared to its average volume of 1,901,432. The company has a market cap of $4.91 billion, a price-to-earnings ratio of 49.17, a PEG ratio of 1.23 and a beta of 0.75. FMC Corporation has a 1 year low of $32.83 and a 1 year high of $67.75. The firm's fifty day moving average price is $40.73 and its 200 day moving average price is $39.86. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.53 and a quick ratio of 1.14.

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, topping the consensus estimate of $0.59 by $0.10. FMC had a net margin of 2.42% and a return on equity of 9.36%. The business had revenue of $1.05 billion for the quarter, compared to analyst estimates of $995.15 million. During the same period in the previous year, the firm earned $0.63 EPS. The business's revenue for the quarter was up 1.2% compared to the same quarter last year. FMC has set its Q3 2025 guidance at 0.780-0.980 EPS. FY 2025 guidance at 3.260-3.700 EPS. On average, sell-side analysts expect that FMC Corporation will post 3.48 earnings per share for the current fiscal year.

FMC Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 16th. Investors of record on Tuesday, September 30th will be given a $0.58 dividend. The ex-dividend date is Tuesday, September 30th. This represents a $2.32 annualized dividend and a dividend yield of 5.9%. FMC's payout ratio is currently 290.00%.

Analyst Ratings Changes

FMC has been the topic of a number of analyst reports. Barclays lowered their price objective on shares of FMC from $49.00 to $48.00 and set an "overweight" rating on the stock in a research report on Wednesday, August 13th. Wall Street Zen upgraded shares of FMC from a "sell" rating to a "hold" rating in a research report on Saturday, June 14th. KeyCorp lifted their price objective on shares of FMC from $53.00 to $61.00 and gave the company an "overweight" rating in a research report on Monday, July 14th. UBS Group decreased their target price on shares of FMC from $45.00 to $44.00 and set a "neutral" rating on the stock in a research report on Thursday, July 31st. Finally, Royal Bank Of Canada decreased their target price on shares of FMC from $47.00 to $42.00 and set a "sector perform" rating on the stock in a research report on Friday, August 1st. Five analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $49.58.

FMC Company 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.