Kestra Investment Management LLC Has $919,000 Stock Holdings in FMC Corporation $FMC

Key Points

• Kestra Investment Management LLC increased its holdings in FMC Corporation by 6,882.7% during Q1, acquiring an additional 21,474 shares, bringing its total to 21,786 shares worth approximately $919,000.
• FMC reported $0.69 earnings per share for the last quarter, exceeding analysts' expectations of $0.59, and had a revenue of $1.05 billion, up 1.2% year-over-year.
• The company announced a quarterly dividend of $0.58 per share, with a dividend payout ratio of 290.00%, as the annualized dividend yield reaches 6.2%.

Kestra Investment Management LLC increased its position in shares of FMC Corporation (NYSE:FMC - Free Report) by 6,882.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 21,786 shares of the basic materials company's stock after purchasing an additional 21,474 shares during the period. Kestra Investment Management LLC's holdings in FMC were worth $919,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in FMC. Mercer Global Advisors Inc. ADV lifted its holdings in FMC by 17.9% during 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 last quarter. Cubist Systematic Strategies LLC lifted its holdings in FMC by 1,458.2% during the 4th quarter. Cubist Systematic Strategies LLC now owns 63,888 shares of the basic materials company's stock worth $3,106,000 after purchasing an additional 59,788 shares during the last quarter. Crestline Management LP acquired a new stake in FMC during the 4th quarter worth approximately $253,000. EP Wealth Advisors LLC acquired a new position in FMC in the 4th quarter valued at $210,000. Finally, Deutsche Bank AG raised its holdings in FMC by 39.2% in the 4th quarter. Deutsche Bank AG now owns 1,437,340 shares of the basic materials company's stock valued at $69,869,000 after acquiring an additional 404,876 shares in the last quarter. 91.86% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, VP Jacqueline Scanlan sold 1,510 shares of the company's stock in a transaction that occurred 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 completion of the transaction, the vice president owned 36,834 shares of the company's stock, valued at $1,380,906.66. This represents a 3.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 0.67% of the stock is owned by corporate insiders.

FMC Price Performance

Shares of FMC stock traded up $1.34 during trading on Thursday, reaching $38.21. 1,411,384 shares of the company's stock were exchanged, compared to its average volume of 2,464,604. 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 Corporation has a 1-year low of $32.83 and a 1-year high of $67.75. The company has a market cap of $4.77 billion, a P/E ratio of 47.77, a PEG ratio of 1.15 and a beta of 0.76. The firm's 50-day moving average price is $39.85 and its 200 day moving average price is $39.90.

FMC (NYSE:FMC - Get Free Report) last issued its earnings results on Wednesday, July 30th. The basic materials company reported $0.69 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.59 by $0.10. The business had revenue of $1.05 billion during the quarter, compared to analysts' expectations of $995.15 million. FMC had a return on equity of 9.36% and a net margin of 2.42%.The business's revenue for the quarter was up 1.2% compared to the same quarter last year. 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, research analysts anticipate that FMC Corporation will post 3.48 earnings per share for the current year.

FMC Announces Dividend

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

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Royal Bank Of Canada dropped their price objective on FMC from $47.00 to $42.00 and set a "sector perform" rating for the company in a report on Friday, August 1st. Wall Street Zen raised FMC from a "sell" rating to a "hold" rating in a report on Saturday, June 14th. Wells Fargo & Company raised FMC from an "equal weight" rating to an "overweight" rating and lifted their price objective for the company from $41.00 to $50.00 in a report on Monday, June 23rd. KeyCorp lifted their price objective on FMC from $53.00 to $61.00 and gave the company an "overweight" rating in a report on Monday, July 14th. Finally, Barclays dropped their price objective on FMC from $49.00 to $48.00 and set an "overweight" rating for the company in a report on Wednesday, August 13th. Five analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, FMC has a consensus rating of "Hold" and an average price target of $49.58.

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.