FMC Corporation (NYSE:FMC) Given Average Recommendation of "Hold" by Analysts

Key Points

• FMC Corporation has received a consensus recommendation of "Hold" from thirteen analysts, with one sell rating, seven hold ratings, and five buy ratings.
• The company's recent earnings report exceeded estimates, posting $0.69 earnings per share and a quarterly revenue of $1.05 billion.
• FMC declared a quarterly dividend of $0.58, yielding approximately 6.4% and set to be paid on October 16th to shareholders of record.

Shares of FMC Corporation (NYSE:FMC - Get Free Report) have earned a consensus rating of "Hold" from the thirteen analysts that are covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $49.5833.

FMC has been the subject of several analyst reports. Wall Street Zen upgraded FMC from a "sell" rating to a "hold" rating in a report on Saturday, June 14th. UBS Group reduced their price objective on FMC from $45.00 to $44.00 and set a "neutral" rating for the company in a report on Thursday, July 31st. 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 report on Friday, August 1st. KeyCorp lifted their price objective on FMC from $53.00 to $61.00 and gave the stock an "overweight" rating in a report on Monday, July 14th. Finally, Royal Bank Of Canada lowered their price objective 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.

Insider Buying and Selling

In related news, VP Jacqueline Scanlan sold 1,510 shares of the business's 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 transaction, the vice president directly owned 36,834 shares of the company's stock, valued at approximately $1,380,906.66. The trade was a 3.94% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.67% of the company's stock.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. State of Tennessee Department of Treasury increased its stake in FMC by 45.1% in the 2nd quarter. State of Tennessee Department of Treasury now owns 57,504 shares of the basic materials company's stock worth $2,401,000 after acquiring an additional 17,878 shares during the last quarter. EverSource Wealth Advisors LLC increased its stake in FMC by 201.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 5,076 shares of the basic materials company's stock worth $212,000 after acquiring an additional 3,391 shares during the last quarter. Jaffetilchin Investment Partners LLC bought a new stake in FMC in the 2nd quarter worth approximately $606,000. SG Americas Securities LLC increased its stake in FMC by 67.1% in the 2nd quarter. SG Americas Securities LLC now owns 25,038 shares of the basic materials company's stock worth $1,045,000 after acquiring an additional 10,056 shares during the last quarter. Finally, Creative Financial Designs Inc. ADV increased its stake in FMC by 180.1% in the 2nd quarter. Creative Financial Designs Inc. ADV now owns 815 shares of the basic materials company's stock worth $34,000 after acquiring an additional 524 shares during the last quarter. 91.86% of the stock is owned by hedge funds and other institutional investors.

FMC Stock Down 1.7%

FMC stock traded down $0.62 on Friday, hitting $35.60. 1,440,915 shares of the stock traded hands, compared to its average volume of 2,445,244. FMC has a 1 year low of $32.83 and a 1 year high of $67.75. The company has a current ratio of 1.53, a quick ratio of 1.14 and a debt-to-equity ratio of 0.74. The business's fifty day simple moving average is $39.01 and its 200 day simple moving average is $39.90. The firm has a market cap of $4.45 billion, a P/E ratio of 44.50, a price-to-earnings-growth ratio of 1.13 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, beating the consensus estimate of $0.59 by $0.10. FMC had a return on equity of 9.36% and a net margin of 2.42%.The firm had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $995.15 million. During the same period last year, the company earned $0.63 earnings per share. The company's revenue was up 1.2% on a year-over-year basis. 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, sell-side analysts forecast that FMC will post 3.48 earnings per share for the current year.

FMC Dividend Announcement

The firm also recently declared 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. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $2.32 dividend on an annualized basis and a yield of 6.5%. FMC's payout ratio is currently 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.