Quantitative Investment Management LLC Takes Position in FMC Corporation $FMC

Key Points

• Quantitative Investment Management LLC acquired a new stake in FMC Corporation, purchasing 27,604 shares worth approximately $1,164,000 in the 1st quarter of the year.
• A significant number of other institutional investors, including Charles Schwab Investment Management and Ameriprise Financial, have also increased their stakes in FMC, indicating strong institutional interest.
• FMC Corporation reported an earnings per share (EPS) of $0.69 for the last quarter, surpassing analysts' expectations and indicating a 1.2% year-over-year revenue growth.

Quantitative Investment Management LLC purchased a new stake in FMC Corporation (NYSE:FMC - Free Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 27,604 shares of the basic materials company's stock, valued at approximately $1,164,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. lifted its stake in FMC by 286.0% during 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 purchasing an additional 3,329,974 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of FMC by 20.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,743,271 shares of the basic materials company's stock worth $115,736,000 after acquiring an additional 457,094 shares during the period. Brandywine Global Investment Management LLC grew its holdings in shares of FMC by 22.7% during the 1st quarter. Brandywine Global Investment Management LLC now owns 2,284,267 shares of the basic materials company's stock worth $96,373,000 after acquiring an additional 423,210 shares during the period. Northern Trust Corp grew its holdings in shares of FMC by 3.9% during the 4th quarter. Northern Trust Corp now owns 1,926,284 shares of the basic materials company's stock worth $93,637,000 after acquiring an additional 71,929 shares during the period. Finally, Ameriprise Financial Inc. grew its holdings in shares of FMC by 9.8% during the 1st quarter. Ameriprise Financial Inc. now owns 1,641,657 shares of the basic materials company's stock worth $69,274,000 after acquiring an additional 146,048 shares during the period. 91.86% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at FMC

In other FMC news, VP Jacqueline Scanlan sold 1,510 shares of the 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 completion of the sale, the vice president owned 36,834 shares in the company, valued at approximately $1,380,906.66. This represents a 3.94% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.67% of the company's stock.

FMC Price Performance

NYSE FMC opened at $40.6640 on Monday. The business's fifty day moving average price is $40.91 and its 200-day moving average price is $39.80. The stock has a market capitalization of $5.08 billion, a price-to-earnings ratio of 50.83, a PEG ratio of 1.26 and a beta of 0.75. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.53 and a quick ratio of 1.14. FMC Corporation has a 1-year low of $32.83 and a 1-year high of $67.75.

FMC (NYSE:FMC - Get Free Report) last announced its earnings results on Wednesday, July 30th. The basic materials company reported $0.69 EPS for the quarter, topping analysts' consensus estimates 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 analysts' expectations of $995.15 million. During the same period last year, the firm 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. On average, equities analysts predict that FMC Corporation will post 3.48 earnings per share for the current year.

FMC Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 16th. Investors of record on Tuesday, September 30th will be issued a $0.58 dividend. This represents a $2.32 dividend on an annualized basis and a yield of 5.7%. The ex-dividend date of this dividend is Tuesday, September 30th. FMC's dividend payout ratio (DPR) is currently 290.00%.

Wall Street Analysts Forecast Growth

FMC has been the topic of a number of research analyst reports. Royal Bank Of Canada reduced their target price on FMC from $47.00 to $42.00 and set a "sector perform" rating on the stock in a report on Friday, August 1st. KeyCorp upped 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. Wells Fargo & Company upgraded FMC from an "equal weight" rating to an "overweight" rating and upped their price target for the stock from $41.00 to $50.00 in a research note 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. Finally, Barclays lowered their price objective on FMC from $49.00 to $48.00 and set an "overweight" rating on the stock in a research report on Wednesday, August 13th. Five analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, FMC has a consensus 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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