PDT Partners LLC Invests $371,000 in FMC Corporation $FMC

Key Points

• PDT Partners LLC has acquired a new stake in FMC Corporation, purchasing 8,802 shares valued at approximately $371,000 during the first quarter.
• FMC Corporation reported $0.69 EPS for the last quarter, exceeding estimates, and projected a Q3 2025 guidance of 0.780-0.980 EPS.
• The company will pay a quarterly dividend of $0.58 per share on October 16th, representing a yield of 6.2% and a payout ratio of 290%.

PDT Partners LLC bought a new stake in shares of FMC Corporation (NYSE:FMC - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 8,802 shares of the basic materials company's stock, valued at approximately $371,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Financial Harvest LLC purchased a new stake in FMC in the first quarter worth $29,000. Elequin Capital LP bought a new stake in shares of FMC during the first quarter worth $30,000. Golden State Wealth Management LLC lifted its position in shares of FMC by 66.6% during the first quarter. Golden State Wealth Management LLC now owns 1,006 shares of the basic materials company's stock worth $42,000 after purchasing an additional 402 shares during the last quarter. Central Pacific Bank Trust Division bought a new stake in shares of FMC during the first quarter worth $55,000. Finally, AlphaQuest LLC bought a new stake in shares of FMC during the first quarter worth $74,000. 91.86% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, VP Jacqueline Scanlan sold 1,510 shares of the 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 directly owned 36,834 shares in the company, valued at approximately $1,380,906.66. This represents a 3.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.67% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. UBS Group decreased their target price on FMC from $45.00 to $44.00 and set a "neutral" rating for the company in a research report on Thursday, July 31st. Wells Fargo & Company raised FMC from an "equal weight" rating to an "overweight" rating and upped their target price for the company from $41.00 to $50.00 in a research report on Monday, June 23rd. Wall Street Zen upgraded FMC from a "sell" rating to a "hold" rating in a research note on Saturday, June 14th. Royal Bank Of Canada lowered their target price on FMC from $47.00 to $42.00 and set a "sector perform" rating on the stock in a research note on Friday, August 1st. Finally, KeyCorp increased their price target on FMC from $53.00 to $61.00 and gave the stock an "overweight" rating in a research report on Monday, July 14th. Five investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, FMC has a consensus rating of "Hold" and a consensus price target of $49.58.

FMC Price Performance

Shares of NYSE:FMC traded up $0.13 during midday trading on Monday, hitting $37.91. The company had a trading volume of 1,485,026 shares, compared to its average volume of 2,478,025. FMC Corporation has a twelve month low of $32.83 and a twelve month high of $67.75. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.53 and a quick ratio of 1.14. The stock has a market cap of $4.73 billion, a price-to-earnings ratio of 47.38, a price-to-earnings-growth ratio of 1.18 and a beta of 0.76. The business's 50-day simple moving average is $40.20 and its 200-day simple moving average is $39.94.

FMC (NYSE:FMC - Get Free Report) last issued its quarterly earnings data 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 during the quarter, compared to analyst estimates of $995.15 million. FMC had a return on equity of 9.36% and a net margin of 2.42%.The firm's revenue for the quarter was up 1.2% compared to the same quarter last year. During the same period in the prior year, the business posted $0.63 earnings per share. FMC has set its Q3 2025 guidance at 0.780-0.980 EPS. FY 2025 guidance at 3.260-3.700 EPS. On average, research analysts predict that FMC Corporation will post 3.48 earnings per share for the current year.

FMC Announces Dividend

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