TechnipFMC (NYSE:FTI) Upgraded to "Buy" at Wall Street Zen

Key Points

• Wall Street Zen upgraded TechnipFMC to "Buy", joining a wave of bullish broker moves (Evercore, RBC, Goldman among others) that leave the stock with a consensus rating of "Moderate Buy" and a consensus target of $65.40, while some firms set targets as high as $90.
• Q1 results showed mixed fundamentals: EPS beat at $0.64 vs. $0.57 consensus (and up from $0.33 a year earlier) while revenue narrowly missed at $2.49B vs. $2.52B, with the stock trading near its 52‑week high and carrying a market cap of about $30.4B.
• Notable insider selling despite heavy institutional ownership: the CFO and EVP disclosed large share sales, and insiders sold roughly 1.22M shares worth $75.8M over the last three months, while institutional investors own ~96.6% of the stock.

TechnipFMC (NYSE:FTI - Get Free Report) was upgraded by equities research analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a research note issued to investors on Saturday.

FTI has been the subject of a number of other research reports. Evercore reiterated an "outperform" rating and set a $83.00 target price on shares of TechnipFMC in a report on Friday. Royal Bank Of Canada increased their target price on TechnipFMC from $78.00 to $80.00 and gave the stock an "outperform" rating in a report on Friday. TD Cowen reiterated a "buy" rating on shares of TechnipFMC in a report on Friday, February 20th. The Goldman Sachs Group increased their target price on TechnipFMC from $66.00 to $75.00 and gave the stock a "buy" rating in a report on Wednesday, April 15th. Finally, UBS Group set a $70.00 target price on TechnipFMC in a report on Friday, February 20th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $65.40.

TechnipFMC Stock Performance

Shares of TechnipFMC stock opened at $75.77 on Friday. The firm has a fifty day moving average of $69.08 and a two-hundred day moving average of $54.98. The stock has a market capitalization of $30.43 billion, a price-to-earnings ratio of 32.80, a PEG ratio of 1.54 and a beta of 0.74. TechnipFMC has a 52 week low of $28.87 and a 52 week high of $77.78. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.89 and a current ratio of 1.13.

TechnipFMC (NYSE:FTI - Get Free Report) last released its quarterly earnings data on Thursday, April 30th. The oil and gas company reported $0.64 EPS for the quarter, beating analysts' consensus estimates of $0.57 by $0.07. TechnipFMC had a net margin of 10.62% and a return on equity of 34.08%. The business had revenue of $2.49 billion during the quarter, compared to analysts' expectations of $2.52 billion. During the same quarter in the prior year, the company earned $0.33 EPS. The firm's quarterly revenue was up 11.6% on a year-over-year basis. As a group, equities research analysts predict that TechnipFMC will post 2.92 EPS for the current year.

Insiders Place Their Bets

In related news, CFO Alf Melin sold 83,721 shares of TechnipFMC stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $61.83, for a total value of $5,176,469.43. Following the transaction, the chief financial officer directly owned 282,537 shares of the company's stock, valued at $17,469,262.71. This trade represents a 22.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Luana Duffe sold 47,951 shares of TechnipFMC stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $62.43, for a total transaction of $2,993,580.93. Following the completion of the transaction, the executive vice president directly owned 78,871 shares in the company, valued at $4,923,916.53. This trade represents a 37.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 1,216,442 shares of company stock valued at $75,762,414 over the last three months. 1.40% of the stock is owned by corporate insiders.

Institutional Trading of TechnipFMC

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. PFG Investments LLC grew its stake in shares of TechnipFMC by 2.4% in the first quarter. PFG Investments LLC now owns 7,160 shares of the oil and gas company's stock worth $495,000 after purchasing an additional 165 shares during the last quarter. Independent Advisor Alliance lifted its holdings in TechnipFMC by 0.3% in the fourth quarter. Independent Advisor Alliance now owns 61,262 shares of the oil and gas company's stock valued at $2,730,000 after buying an additional 184 shares during the period. Personal CFO Solutions LLC lifted its holdings in TechnipFMC by 3.0% in the fourth quarter. Personal CFO Solutions LLC now owns 7,759 shares of the oil and gas company's stock valued at $346,000 after buying an additional 225 shares during the period. Evolve Private Wealth LLC lifted its holdings in TechnipFMC by 0.7% in the first quarter. Evolve Private Wealth LLC now owns 34,879 shares of the oil and gas company's stock valued at $2,411,000 after buying an additional 227 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in TechnipFMC by 5.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 5,266 shares of the oil and gas company's stock valued at $235,000 after buying an additional 262 shares during the period. Institutional investors own 96.58% of the company's stock.

More TechnipFMC News

Here are the key news stories impacting TechnipFMC this week:

• Positive Sentiment: Major brokerages raised targets and ratings — Susquehanna bumped its target to $90 (positive rating) and RBC raised its target to $80 with an "outperform" call; those upgrades support further upside and helped lift sentiment. Benzinga The Fly
• Positive Sentiment: Q1 EPS topped estimates — TechnipFMC reported $0.64 EPS vs. $0.57 consensus, showing margin improvement and stronger profitability versus last year; that beat is a clear near-term positive for the stock. Zacks EPS Beat
• Positive Sentiment: Momentum and growth narrative — Coverage noting a 52‑week high and a bullish growth case (better-than-average financial growth) supports momentum trading and longer-term conviction. Zacks 52‑week high Zacks growth note
• Neutral Sentiment: FY revenue guidance is a mixed/tepid signal — management reiterated a FY revenue range (~$10.4B–$10.9B) roughly centered on consensus, which tempers both upside surprise and downside risk; investors will watch execution against that band. Slide deck
• Neutral Sentiment: Analyst and press coverage increases visibility — multiple writeups and the earnings presentation raise investor attention (can amplify moves in either direction). Seeking Alpha
• Negative Sentiment: Revenue narrowly missed expectations — Q1 sales were $2.49B vs. $2.52B consensus, which offsets some of the positive EPS reaction and keeps focus on backlog and order flow. Yahoo Finance
• Negative Sentiment: Short-term volatility possible after the print — despite outperforming peers in some coverage, mixed top-line and guidance breadth mean profit-taking or rotation could occur even as brokers raise targets. MarketWatch

About TechnipFMC

TechnipFMC is an integrated oilfield services and technology company that designs, manufactures and delivers systems and services for the energy industry. The company's activities span the full lifecycle of oil and gas projects, with capabilities in subsea production systems, surface wellhead and intervention equipment, and onshore/offshore engineering and construction. TechnipFMC combines engineering and project management with fabrication, installation and maintenance services to help operators develop and produce hydrocarbon resources.

Its product and service portfolio includes subsea hardware such as trees, manifolds, umbilicals, risers and flowlines, as well as surface equipment for drilling, completions and well intervention.

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