FMC (NYSE:FMC) VP Jacqueline Scanlan Sells 3,790 Shares

Key Points

• FMC VP Jacqueline Scanlan sold 3,790 shares of the company's stock at an average price of $34.00, resulting in a total sale value of $128,860.
• The company recently announced a quarterly dividend of $0.58 per share, with a high dividend yield of 6.9%, to be paid on October 16th.
• FMC's latest earnings report revealed an EPS of $0.69, beating estimates and indicating a year-over-year revenue increase of 1.2%.

FMC Corporation (NYSE:FMC - Get Free Report) VP Jacqueline Scanlan sold 3,790 shares of the firm's stock in a transaction that occurred on Monday, September 29th. The shares were sold at an average price of $34.00, for a total value of $128,860.00. Following the completion of the sale, the vice president directly owned 33,044 shares of the company's stock, valued at approximately $1,123,496. The trade was a 10.29% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Jacqueline Scanlan also recently made the following trade(s):

• On Monday, August 18th, Jacqueline Scanlan sold 1,510 shares of FMC stock. The shares were sold at an average price of $37.49, for a total value of $56,609.90.

FMC Stock Performance

Shares of FMC traded up $0.50 during mid-day trading on Tuesday, reaching $33.43. The company's stock had a trading volume of 1,109,634 shares, compared to its average volume of 2,436,921. FMC Corporation has a 1-year low of $32.68 and a 1-year high of $67.75. The stock has a market cap of $4.18 billion, a P/E ratio of 41.70, a PEG ratio of 1.05 and a beta of 0.76. The business has a 50-day simple moving average of $38.07 and a two-hundred day simple moving average of $39.61. 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 data on Wednesday, July 30th. The basic materials company reported $0.69 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.59 by $0.10. FMC had a return on equity of 9.36% and a net margin of 2.42%.The company had revenue of $1.05 billion during the quarter, compared to analysts' expectations of $995.15 million. During the same period last year, the firm posted $0.63 earnings per share. The business'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, equities research analysts anticipate that FMC Corporation will post 3.48 earnings per share for the current fiscal year.

FMC Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 16th. Stockholders of record on Tuesday, September 30th will be paid 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 dividend yield of 6.9%. FMC's dividend payout ratio (DPR) is 290.00%.

Hedge Funds Weigh In On FMC

A number of hedge funds have recently added to or reduced their stakes in FMC. Central Pacific Bank Trust Division bought a new position in FMC during the 1st quarter worth $55,000. Versant Capital Management Inc increased its stake in shares of FMC by 17,336.8% in the 1st quarter. Versant Capital Management Inc now owns 3,313 shares of the basic materials company's stock valued at $140,000 after purchasing an additional 3,294 shares during the last quarter. GAMMA Investing LLC increased its stake in shares of FMC by 8,963.6% in the 1st quarter. GAMMA Investing LLC now owns 179,097 shares of the basic materials company's stock valued at $7,556,000 after purchasing an additional 177,121 shares during the last quarter. Parallel Advisors LLC increased its stake in shares of FMC by 174.2% in the 1st quarter. Parallel Advisors LLC now owns 3,351 shares of the basic materials company's stock valued at $141,000 after purchasing an additional 2,129 shares during the last quarter. Finally, Rhumbline Advisers increased its stake in shares of FMC by 31.4% in the 1st quarter. Rhumbline Advisers now owns 296,085 shares of the basic materials company's stock valued at $12,492,000 after purchasing an additional 70,815 shares during the last quarter. Institutional investors own 91.86% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on FMC shares. Wall Street Zen upgraded FMC from a "sell" rating to a "hold" rating in a research note on Saturday, June 14th. UBS Group lowered their target price on FMC from $45.00 to $44.00 and set a "neutral" rating on the stock in a research note on Thursday, July 31st. Royal Bank Of Canada lowered their target price on FMC from $47.00 to $42.00 and set a "sector perform" rating on the stock in a research note on Friday, August 1st. Barclays lowered their target price on FMC from $49.00 to $48.00 and set an "overweight" rating on the stock in a research note on Wednesday, August 13th. Finally, Wells Fargo & Company upgraded FMC from an "equal weight" rating to an "overweight" rating and increased their target price for the stock from $41.00 to $50.00 in a research note on Monday, June 23rd. Five investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, FMC presently has an average rating of "Hold" and a consensus target price of $49.58.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.