Jones Financial Companies Lllp Has $3.31 Million Stock Holdings in FMC Corporation $FMC

Key Points

• Jones Financial Companies Lllp reduced its stake in FMC Corporation by 81.0% in Q1, holding 81,231 shares valued at approximately $3.31 million after selling 346,025 shares.
• Several large investors have significantly increased their positions in FMC, with AQR Capital Management raising its holdings by 1,199.9% during the same period.
• FMC announced a quarterly dividend of $0.58 per share set to be paid on October 16th, representing a dividend yield of 6.3% amid a current payout ratio of 290.00%.

Jones Financial Companies Lllp decreased its position in FMC Corporation (NYSE:FMC - Free Report) by 81.0% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 81,231 shares of the basic materials company's stock after selling 346,025 shares during the period. Jones Financial Companies Lllp owned approximately 0.07% of FMC worth $3,313,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. AQR Capital Management LLC lifted its holdings in FMC by 1,199.9% during the first quarter. AQR Capital Management LLC now owns 3,621,496 shares of the basic materials company's stock worth $151,071,000 after acquiring an additional 3,342,888 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of FMC by 286.0% in the first quarter. Charles Schwab Investment Management Inc. now owns 4,494,377 shares of the basic materials company's stock worth $189,618,000 after acquiring an additional 3,329,974 shares in the last quarter. Russell Investments Group Ltd. raised its position in shares of FMC by 74.2% during the first quarter. Russell Investments Group Ltd. now owns 1,585,564 shares of the basic materials company's stock worth $66,895,000 after purchasing an additional 675,207 shares during the period. Principal Financial Group Inc. lifted its holdings in shares of FMC by 327.3% during the 1st quarter. Principal Financial Group Inc. now owns 627,540 shares of the basic materials company's stock valued at $26,476,000 after purchasing an additional 480,691 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its position in shares of FMC by 20.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,743,271 shares of the basic materials company's stock valued at $115,736,000 after purchasing an additional 457,094 shares during the period. Institutional investors own 91.86% of the company's stock.

Analyst Ratings Changes

Several analysts have commented on the stock. UBS Group dropped their target price on shares of FMC from $45.00 to $44.00 and set a "neutral" rating on the stock in a report on Thursday, July 31st. Royal Bank Of Canada lowered their price objective on shares of FMC from $47.00 to $42.00 and set a "sector perform" rating for the company in a research report on Friday, August 1st. Wall Street Zen upgraded shares of FMC from a "sell" rating to a "hold" rating in a report on Saturday, June 14th. Wells Fargo & Company raised shares of FMC from an "equal weight" rating to an "overweight" rating and upped their target price for the stock from $41.00 to $50.00 in a research note on Monday, June 23rd. Finally, Morgan Stanley dropped their price target on FMC from $46.00 to $42.00 and set an "equal weight" rating on the stock in a research note on Friday, August 1st. Five research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given 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 Stock Up 0.1%

FMC stock opened at $36.86 on Thursday. The company has a current ratio of 1.53, a quick ratio of 1.14 and a debt-to-equity ratio of 0.74. FMC Corporation has a 1-year low of $32.83 and a 1-year high of $67.75. The company has a fifty day simple moving average of $39.85 and a 200 day simple moving average of $39.90. The company has a market cap of $4.60 billion, a P/E ratio of 46.07, a price-to-earnings-growth ratio of 1.15 and a beta of 0.76.

FMC (NYSE:FMC - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The basic materials company reported $0.69 earnings per share for the quarter, beating 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 during the quarter, compared to analysts' expectations of $995.15 million. During the same quarter last year, the company earned $0.63 EPS. FMC'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. Research analysts anticipate that FMC Corporation will post 3.48 earnings per share for the current fiscal year.

FMC Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 16th. Stockholders of record on Tuesday, September 30th will be paid a dividend of $0.58 per share. The ex-dividend date is Tuesday, September 30th. This represents a $2.32 dividend on an annualized basis and a dividend yield of 6.3%. FMC's dividend payout ratio is currently 290.00%.

Insider Activity at FMC

In related news, VP Jacqueline Scanlan sold 1,510 shares of the firm's stock in a transaction on Monday, August 18th. The shares were sold at an average price of $37.49, for a total value of $56,609.90. Following the completion of the transaction, the vice president directly owned 36,834 shares of the company's stock, valued at approximately $1,380,906.66. This trade represents a 3.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 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.

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