Trexquant Investment LP Purchases 32,922 Shares of FMC Corporation $FMC

Key Points

• Trexquant Investment LP increased its holdings in FMC Corporation by 35.8%, acquiring an additional 32,922 shares during the first quarter.
• FMC Corporation's latest quarterly earnings were reported at $0.69 EPS, exceeding analysts' expectations, with revenue of $1.05 billion for the quarter.
• FMC announced a quarterly dividend of $0.58 per share, representing an annualized yield of 5.9%, with the payment scheduled for October 16th.

Trexquant Investment LP raised its position in shares of FMC Corporation (NYSE:FMC - Free Report) by 35.8% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 124,886 shares of the basic materials company's stock after buying an additional 32,922 shares during the quarter. Trexquant Investment LP owned 0.10% of FMC worth $5,269,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. Janus Henderson Group PLC lifted its stake in FMC by 0.5% during the fourth quarter. Janus Henderson Group PLC now owns 59,771 shares of the basic materials company's stock valued at $2,905,000 after buying an additional 286 shares in the last quarter. Algert Global LLC increased its holdings in shares of FMC by 0.5% in the 4th quarter. Algert Global LLC now owns 59,052 shares of the basic materials company's stock valued at $2,871,000 after purchasing an additional 300 shares during the period. Oak Thistle LLC increased its holdings in shares of FMC by 5.5% in the 1st quarter. Oak Thistle LLC now owns 7,653 shares of the basic materials company's stock valued at $323,000 after purchasing an additional 398 shares during the period. Golden State Wealth Management LLC increased its holdings in shares of 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 purchasing an additional 402 shares during the period. Finally, First National Advisers LLC increased its holdings in shares of FMC by 1.8% in the 1st quarter. First National Advisers LLC now owns 29,352 shares of the basic materials company's stock valued at $1,239,000 after purchasing an additional 525 shares during the period. 91.86% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at FMC

In other 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 sale, the vice president directly owned 36,834 shares of the company's stock, valued at approximately $1,380,906.66. This represents a 3.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.67% of the company's stock.

FMC Stock Performance

FMC stock traded up $0.39 during trading hours on Friday, reaching $37.68. 1,857,123 shares of the company were exchanged, compared to its average volume of 1,523,143. The firm has a market cap of $4.71 billion, a price-to-earnings ratio of 47.09, a PEG ratio of 1.16 and a beta of 0.76. The company has a current ratio of 1.53, a quick ratio of 1.14 and a debt-to-equity ratio of 0.74. The stock has a 50-day moving average of $40.20 and a 200 day moving average of $39.91. FMC Corporation has a 12 month low of $32.83 and a 12 month 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 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.59 by $0.10. The firm 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 company'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 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. As a group, research analysts anticipate that FMC Corporation will post 3.48 earnings per share for the current 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 $0.58 dividend. This represents a $2.32 annualized dividend and a dividend yield of 6.2%. 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

FMC has been the topic of a number of research reports. UBS Group dropped their target price on 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 dropped 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 target price on FMC from $53.00 to $61.00 and gave the company an "overweight" rating in a report on Monday, July 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, Wells Fargo & Company upgraded FMC from an "equal weight" rating to an "overweight" rating and increased their price objective for the stock from $41.00 to $50.00 in a report on Monday, June 23rd. Five equities research 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. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $49.58.

FMC Company Profile

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.