FMC Corporation (NYSE:FMC) Given Consensus Recommendation of "Reduce" by Analysts

Key Points

• Analysts are cautious on FMC: The stock has a consensus recommendation of "Reduce" from 14 research firms, with three sell ratings, nine holds, and two buys. The average price target is about $20.46.
• Recent results beat expectations: FMC reported quarterly EPS of -$0.23, better than the expected -$0.39, and revenue of $762.4 million, which also topped estimates. However, revenue still fell 4.1% from a year earlier.
• Stock remains under pressure but insider buying stands out: Shares recently traded around $13.53, near the low end of their 12-month range of $12.17 to $44.78. Director Michael F. Barry bought 18,072 shares in March, increasing his stake significantly.

Shares of FMC Corporation (NYSE:FMC - Get Free Report) have earned a consensus recommendation of "Reduce" from the fourteen research firms that are covering the company, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a sell recommendation, nine have issued a hold recommendation and two have given a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $20.4583.

A number of analysts recently issued reports on FMC shares. Zacks Research raised FMC from a "strong sell" rating to a "hold" rating in a research report on Tuesday, April 7th. Mizuho reduced their price objective on FMC from $21.00 to $20.00 and set an "outperform" rating for the company in a research report on Tuesday, February 17th. Citigroup lifted their price objective on FMC from $15.00 to $17.00 and gave the company a "neutral" rating in a research report on Friday, May 1st. UBS Group lifted their price objective on FMC from $14.00 to $17.00 and gave the company a "neutral" rating in a research report on Thursday, April 9th. Finally, Vertical Research cut FMC from a "hold" rating to a "sell" rating and set a $14.00 price objective for the company. in a research report on Wednesday, April 22nd.

Insider Transactions at FMC

In other news, Director Michael F. Barry acquired 18,072 shares of FMC stock in a transaction that occurred on Wednesday, March 4th. The stock was purchased at an average price of $13.83 per share, with a total value of $249,935.76. Following the completion of the transaction, the director owned 19,634 shares in the company, valued at approximately $271,538.22. This trade represents a 1,156.98% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.82% of the company's stock.

Hedge Funds Weigh In On FMC

Several institutional investors have recently bought and sold shares of the stock. Jones Financial Companies Lllp raised its holdings in FMC by 6.3% during the third quarter. Jones Financial Companies Lllp now owns 728,716 shares of the basic materials company's stock valued at $24,514,000 after buying an additional 43,275 shares in the last quarter. Rhumbline Advisers raised its holdings in FMC by 0.5% during the third quarter. Rhumbline Advisers now owns 293,690 shares of the basic materials company's stock valued at $9,877,000 after buying an additional 1,406 shares in the last quarter. SG Americas Securities LLC raised its holdings in FMC by 6.7% during the first quarter. SG Americas Securities LLC now owns 213,656 shares of the basic materials company's stock valued at $3,679,000 after buying an additional 13,330 shares in the last quarter. Inspire Trust Co. N.A. raised its holdings in FMC by 60.7% during the third quarter. Inspire Trust Co. N.A. now owns 140,000 shares of the basic materials company's stock valued at $4,708,000 after buying an additional 52,900 shares in the last quarter. Finally, Entropy Technologies LP bought a new position in FMC during the first quarter valued at about $1,401,000. 91.86% of the stock is currently owned by institutional investors.

FMC Stock Performance

Shares of FMC stock opened at $13.53 on Thursday. The stock has a market cap of $1.69 billion, a PE ratio of -0.68, a price-to-earnings-growth ratio of 1.03 and a beta of 0.39. The business has a fifty day simple moving average of $15.20 and a 200-day simple moving average of $14.62. The company has a quick ratio of 0.96, a current ratio of 1.29 and a debt-to-equity ratio of 1.50. FMC has a 12 month low of $12.17 and a 12 month high of $44.78.

FMC (NYSE:FMC - Get Free Report) last issued its earnings results on Wednesday, April 29th. The basic materials company reported ($0.23) EPS for the quarter, topping the consensus estimate of ($0.39) by $0.16. The business had revenue of $762.40 million during the quarter, compared to analysts' expectations of $745.42 million. FMC had a positive return on equity of 10.53% and a negative net margin of 72.93%.FMC's revenue was down 4.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.18 earnings per share. FMC has set its FY 2026 guidance at 1.630-1.890 EPS and its Q2 2026 guidance at 0.160-0.260 EPS. On average, sell-side analysts anticipate that FMC will post 1.69 EPS for the current fiscal year.

FMC Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 16th. Investors of record on Tuesday, June 30th will be given a dividend of $0.08 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $0.32 dividend on an annualized basis and a yield of 2.4%. FMC's dividend payout ratio (DPR) is presently -1.60%.

FMC Company Profile

FMC Corporation is a global agricultural sciences company specializing in the development, manufacture and marketing of crop protection products. Its portfolio includes herbicides, insecticides, fungicides and plant nutrition solutions designed to enhance crop yield, quality and sustainability. In addition to core crop protection, FMC delivers solutions for turf management and pest control in urban and industrial environments.

Founded in 1883 as the Bean Spray Pump Company and later known as Food Machinery Corporation, the business adopted the FMC name in 1948 and has since evolved through strategic acquisitions and divestitures.

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