FMC (NYSE:FMC) VP Jacqueline Scanlan Sells 1,510 Shares

Key Points

• Jacqueline Scanlan, VP of FMC, sold 1,510 shares at an average price of $37.49, decreasing her ownership by 3.94% to 36,834 shares.
• FMC reported $0.69 earnings per share for the last quarter, surpassing analysts' estimates of $0.59, with quarterly revenue reaching $1.05 billion.
• A quarterly dividend of $0.58 per share will be paid to shareholders on October 16th, representing a yield of 6.0% and indicating a payout ratio of 290.00%.

FMC Corporation (NYSE:FMC - Get Free Report) VP Jacqueline Scanlan sold 1,510 shares of FMC stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $37.49, for a total value of $56,609.90. Following the sale, the vice president directly owned 36,834 shares in the company, valued at $1,380,906.66. The trade was a 3.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.

FMC Price Performance

NYSE FMC traded up $0.8050 during trading on Tuesday, reaching $38.7550. 643,663 shares of the company traded hands, compared to its average volume of 2,551,861. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.14 and a current ratio of 1.53. The stock's 50 day moving average price is $41.23 and its two-hundred day moving average price is $39.96. The company has a market cap of $4.84 billion, a price-to-earnings ratio of 48.44, a P/E/G ratio of 1.16 and a beta of 0.75. 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 released its quarterly earnings data on Wednesday, July 30th. The basic materials company reported $0.69 earnings per share for the quarter, beating analysts' consensus estimates of $0.59 by $0.10. The company had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $995.15 million. FMC had a return on equity of 9.36% and a net margin of 2.42%.The company's quarterly revenue was up 1.2% on a year-over-year basis. During the same period in the previous 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, analysts anticipate that FMC Corporation will post 3.48 EPS for the current year.

FMC Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 16th. Shareholders of record on Tuesday, September 30th will be issued a dividend of $0.58 per share. This represents a $2.32 dividend on an annualized basis and a yield of 6.0%. The ex-dividend date of this dividend is Tuesday, September 30th. FMC's payout ratio is presently 290.00%.

Institutional Trading of FMC

Several institutional investors and hedge funds have recently made changes to their positions in FMC. Financial Harvest LLC acquired a new position in shares of FMC in the 1st quarter valued at $29,000. Elequin Capital LP acquired a new position in shares of FMC in the 1st quarter valued at $30,000. Creative Financial Designs Inc. ADV grew its holdings in shares of FMC by 180.1% in the 2nd quarter. Creative Financial Designs Inc. ADV now owns 815 shares of the basic materials company's stock valued at $34,000 after buying an additional 524 shares during the period. Golden State Wealth Management LLC grew 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 buying an additional 402 shares during the period. Finally, Central Pacific Bank Trust Division acquired a new position in shares of FMC in the 1st quarter valued at $55,000. Institutional investors own 91.86% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on FMC shares. Morgan Stanley cut their target price on shares of FMC from $46.00 to $42.00 and set an "equal weight" rating for the company in a research note on Friday, August 1st. Wells Fargo & Company upgraded shares of FMC from an "equal weight" rating to an "overweight" rating and lifted their target price for the company from $41.00 to $50.00 in a research note on Monday, June 23rd. UBS Group dropped their price objective on shares of FMC from $45.00 to $44.00 and set a "neutral" rating for the company in a research report on Thursday, July 31st. Wall Street Zen upgraded shares of FMC from a "sell" rating to a "hold" rating in a research report on Saturday, June 14th. Finally, Royal Bank Of Canada dropped their price objective on shares of FMC from $47.00 to $42.00 and set a "sector perform" rating for the company in a research report on Friday, August 1st. Five research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, FMC has an average rating of "Hold" and a consensus target price 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.

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