MetLife Investment Management LLC Decreases Stock Holdings in FMC Corporation $FMC

Key Points

• MetLife Investment Management LLC significantly reduced its holdings in FMC Corporation by 93.2%, leaving it with only 2,238 shares valued at $94,000.
• FMC Corporation reported earnings of $0.69 per share for the last quarter, exceeding analysts' expectations, and is guiding for Q3 2025 earnings between $0.780 and $0.980 per share.
• The company declared a quarterly dividend of $0.58 per share, which will be distributed on October 16th, reflecting a dividend yield of 6.3%.

MetLife Investment Management LLC trimmed its position in shares of FMC Corporation (NYSE:FMC - Free Report) by 93.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,238 shares of the basic materials company's stock after selling 30,794 shares during the period. MetLife Investment Management LLC's holdings in FMC were worth $94,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Financial Harvest LLC purchased a new stake in FMC during the 1st quarter valued at $29,000. Elequin Capital LP bought a new position in FMC in the 1st quarter valued at $30,000. Golden State Wealth Management LLC grew its position in FMC by 66.6% in the 1st quarter. Golden State Wealth Management LLC now owns 1,006 shares of the basic materials company's stock valued at $42,000 after acquiring an additional 402 shares during the last quarter. Central Pacific Bank Trust Division bought a new position in FMC in the 1st quarter valued at $55,000. Finally, AlphaQuest LLC bought a new position in FMC in the 1st quarter valued at $74,000. Hedge funds and other institutional investors own 91.86% of the company's stock.

Insider Activity

In related news, VP Jacqueline Scanlan sold 1,510 shares of the company's stock in a transaction dated 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 sale, the vice president directly owned 36,834 shares of the company's stock, valued at $1,380,906.66. This represents a 3.94% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.67% of the stock is currently owned by company insiders.

FMC Price Performance

Shares of NYSE FMC opened at $36.86 on Thursday. The stock's 50-day moving average is $39.85 and its two-hundred day moving average is $39.90. 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 Corporation has a 1-year low of $32.83 and a 1-year high of $67.75. The company has a market cap of $4.60 billion, a price-to-earnings 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 issued its quarterly earnings results on Wednesday, July 30th. The basic materials company reported $0.69 earnings per share for the quarter, topping the consensus estimate of $0.59 by $0.10. The company had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $995.15 million. FMC had a return on equity of 9.36% and a net margin of 2.42%.FMC's revenue was up 1.2% on a year-over-year basis. During the same quarter in the prior year, the business 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. Analysts forecast that FMC Corporation will post 3.48 EPS for the current fiscal year.

FMC Dividend Announcement

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

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on FMC shares. Royal Bank Of Canada dropped their price target on FMC from $47.00 to $42.00 and set a "sector perform" rating on the stock in a research report on Friday, August 1st. Morgan Stanley reduced their price objective on FMC from $46.00 to $42.00 and set an "equal weight" rating for the company in a research note on Friday, August 1st. Wall Street Zen upgraded FMC from a "sell" rating to a "hold" rating in a research report on Saturday, June 14th. Barclays dropped their price objective on FMC from $49.00 to $48.00 and set an "overweight" rating on the stock in a report on Wednesday, August 13th. Finally, KeyCorp lifted 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. Five equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus 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.

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