FMC Corporation $FMC Shares Purchased by Versor Investments LP

Key Points

• Versor Investments LP increased its stake in FMC Corporation by 154% in Q1, owning 37,609 shares after purchasing 22,800 additional shares.
• FMC announced a quarterly dividend of $0.58, with a payout ratio of 290% and a yield of 6.2% for shareholders of record on September 30th.
• Recent earnings results show FMC reporting $0.69 EPS, surpassing estimates and showing a revenue growth of 1.2% compared to the same quarter last year.

Versor Investments LP boosted its stake in shares of FMC Corporation (NYSE:FMC - Free Report) by 154.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 37,609 shares of the basic materials company's stock after purchasing an additional 22,800 shares during the period. Versor Investments LP's holdings in FMC were worth $1,587,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the stock. Charles Schwab Investment Management Inc. increased its stake in shares of FMC by 286.0% in 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 acquiring an additional 3,329,974 shares during the period. Price T Rowe Associates Inc. MD increased its position in shares of FMC by 7.9% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 4,375,911 shares of the basic materials company's stock valued at $212,714,000 after acquiring an additional 321,241 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of FMC by 20.0% in the first quarter. Dimensional Fund Advisors LP now owns 2,743,271 shares of the basic materials company's stock valued at $115,736,000 after purchasing an additional 457,094 shares in the last quarter. Brandywine Global Investment Management LLC grew its holdings in shares of FMC by 22.7% in the first quarter. Brandywine Global Investment Management LLC now owns 2,284,267 shares of the basic materials company's stock valued at $96,373,000 after purchasing an additional 423,210 shares in the last quarter. Finally, Northern Trust Corp grew its holdings in shares of FMC by 3.9% in the fourth quarter. Northern Trust Corp now owns 1,926,284 shares of the basic materials company's stock valued at $93,637,000 after purchasing an additional 71,929 shares in the last quarter. Hedge funds and other institutional investors own 91.86% of the company's stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on FMC shares. Barclays dropped their price objective on shares of FMC from $49.00 to $48.00 and set an "overweight" rating for the company in a report on Wednesday, August 13th. UBS Group lowered their price target on shares of FMC from $45.00 to $44.00 and set a "neutral" rating for the company in a report on Thursday, July 31st. Wells Fargo & Company upgraded shares of FMC from an "equal weight" rating to an "overweight" rating and boosted their price target for the stock from $41.00 to $50.00 in a report on Monday, June 23rd. Mizuho upgraded shares of FMC from a "neutral" rating to an "outperform" rating and set a $49.00 price target for the company in a report on Friday, April 25th. Finally, Morgan Stanley lowered their price target on shares of FMC from $46.00 to $42.00 and set an "equal weight" rating for the company in a report on Friday, August 1st. Five analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $49.58.

FMC Stock Up 3.2%

Shares of NYSE FMC traded up $1.2750 during mid-day trading on Friday, reaching $40.6150. The company had a trading volume of 706,885 shares, compared to its average volume of 2,532,480. The firm has a 50 day simple moving average of $40.93 and a two-hundred day simple moving average of $39.83. FMC Corporation has a 52-week low of $32.83 and a 52-week high of $67.75. The stock has a market cap of $5.07 billion, a P/E ratio of 50.68, a PEG ratio of 1.19 and a beta of 0.75. The company has a current ratio of 1.53, a quick ratio of 1.14 and a debt-to-equity ratio of 0.74.

FMC (NYSE:FMC - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The basic materials company reported $0.69 EPS for the quarter, beating the consensus estimate of $0.59 by $0.10. The firm had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $995.15 million. FMC had a net margin of 2.42% and a return on equity of 9.36%. FMC's revenue for the quarter was up 1.2% on a year-over-year basis. 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. Sell-side analysts predict 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. Shareholders of record on Tuesday, September 30th will be given a dividend of $0.58 per share. The ex-dividend date is Tuesday, September 30th. This represents a $2.32 dividend on an annualized basis and a yield of 5.7%. FMC's dividend payout ratio is presently 290.00%.

Insider Buying and Selling

In other FMC news, VP Jacqueline Scanlan sold 1,510 shares of the company's stock in a transaction on Monday, August 18th. The shares were sold at an average price of $37.49, for a total transaction of $56,609.90. Following the completion of the transaction, 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 Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.67% of the company's stock.

FMC 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.