14,116 Shares in FMC Corporation $FMC Bought by Focus Partners Advisor Solutions LLC

Key Points

• Focus Partners Advisor Solutions LLC invested $596,000 in FMC Corporation by purchasing 14,116 shares during the first quarter, as detailed in their recent SEC filing.
• FMC's quarterly earnings surpassed expectations, reporting $0.69 earnings per share and revenue of $1.05 billion, driven by a 1.2% year-over-year increase in revenue.
• The company announced a quarterly dividend of $0.58 per share, with a yield of 6.2%, set to be paid on October 16th for shareholders of record on September 30th.

Focus Partners Advisor Solutions LLC purchased a new position in shares of FMC Corporation (NYSE:FMC - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 14,116 shares of the basic materials company's stock, valued at approximately $596,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Financial Harvest LLC bought a new stake in shares of FMC during the 1st quarter worth approximately $29,000. Elequin Capital LP bought a new stake in shares of FMC during the 1st quarter worth approximately $30,000. Golden State Wealth Management LLC lifted its stake in shares of 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 worth $42,000 after acquiring an additional 402 shares during the last quarter. Central Pacific Bank Trust Division bought a new stake in shares of FMC during the 1st quarter worth approximately $55,000. Finally, AlphaQuest LLC bought a new stake in shares of FMC during the 1st quarter worth approximately $74,000. 91.86% of the stock is owned by institutional investors.

Insider Activity

In other news, VP Jacqueline Scanlan sold 1,510 shares of FMC stock in a transaction on Monday, August 18th. The stock was sold at an average price of $37.49, for a total value of $56,609.90. Following the transaction, the vice president directly owned 36,834 shares in the company, valued at approximately $1,380,906.66. This trade represents a 3.94% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.67% of the company's stock.

Analyst Ratings Changes

FMC has been the subject of a number of research analyst reports. Barclays decreased their price target on FMC from $49.00 to $48.00 and set an "overweight" rating for the company in a research note on Wednesday, August 13th. KeyCorp raised their price target on FMC from $53.00 to $61.00 and gave the stock an "overweight" rating in a research note on Monday, July 14th. UBS Group decreased their price target on FMC from $45.00 to $44.00 and set a "neutral" rating for the company in a research note on Thursday, July 31st. Wells Fargo & Company upgraded FMC from an "equal weight" rating to an "overweight" rating and raised their price objective for the stock from $41.00 to $50.00 in a report on Monday, June 23rd. Finally, Morgan Stanley reduced their price objective on FMC from $46.00 to $42.00 and set an "equal weight" rating on the stock in a 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 MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $49.58.

FMC Trading Up 1.0%

FMC traded up $0.39 during trading on Friday, hitting $37.68. 1,857,123 shares of the stock were exchanged, compared to its average volume of 1,524,152. The firm has a 50 day simple moving average of $40.20 and a 200 day simple moving average of $39.93. The firm has a market cap of $4.71 billion, a price-to-earnings ratio of 47.09, a P/E/G ratio of 1.18 and a beta of 0.76. FMC Corporation has a 1 year low of $32.83 and a 1 year high of $67.75. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.14 and a current ratio of 1.53.

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 return on equity of 9.36% and a net margin of 2.42%.The company had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $995.15 million. During the same period last year, the business posted $0.63 EPS. FMC's quarterly revenue was up 1.2% on a year-over-year basis. 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, equities analysts expect that FMC Corporation will post 3.48 EPS for the current year.

FMC Announces Dividend

The business also recently declared 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 dividend on an annualized basis and a dividend yield of 6.2%. FMC's dividend payout ratio (DPR) is currently 290.00%.

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.