FMC (NYSE:FMC – Get Free Report) had its price target raised by equities research analysts at Royal Bank Of Canada from $14.00 to $16.00 in a report issued on Friday, Marketbeat reports. The brokerage presently has a “sector perform” rating on the basic materials company’s stock. Royal Bank Of Canada’s price target would suggest a potential upside of 10.88% from the company’s current price.
A number of other brokerages also recently commented on FMC. Zacks Research upgraded FMC from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 7th. Citigroup dropped their target price on FMC from $16.00 to $14.00 and set a “neutral” rating on the stock in a report on Monday, February 9th. Wall Street Zen raised FMC from a “sell” rating to a “hold” rating in a report on Sunday, April 5th. Morgan Stanley dropped their price target on FMC from $17.00 to $15.50 and set an “equal weight” rating on the stock in a report on Friday, February 6th. Finally, Wells Fargo & Company upped their price target on FMC from $14.00 to $17.00 and gave the company an “equal weight” rating in a report on Tuesday. Two research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Reduce” and a consensus target price of $19.96.
Check Out Our Latest Report on FMC
FMC Stock Down 0.1%
FMC (NYSE:FMC – Get Free Report) last posted its quarterly earnings results on Wednesday, February 4th. The basic materials company reported $1.20 EPS for the quarter, missing analysts’ consensus estimates of $1.21 by ($0.01). FMC had a positive return on equity of 10.10% and a negative net margin of 64.57%.The firm had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.15 billion. During the same quarter last year, the business posted $1.79 earnings per share. The firm’s revenue for the quarter was down 11.5% on a year-over-year basis. FMC has set its Q1 2026 guidance at -0.440–0.320 EPS and its FY 2026 guidance at 1.630-1.890 EPS. Equities analysts anticipate that FMC will post 1.7 EPS for the current year.
Insider Activity at FMC
In related news, Director Michael F. Barry purchased 18,072 shares of the stock in a transaction dated Wednesday, March 4th. The shares were acquired at an average cost of $13.83 per share, for a total transaction of $249,935.76. Following the acquisition, the director directly owned 19,634 shares in the company, valued at approximately $271,538.22. The trade was a 1,156.98% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.82% of the stock is currently owned by corporate insiders.
Hedge Funds Weigh In On FMC
Several institutional investors and hedge funds have recently modified their holdings of FMC. Farther Finance Advisors LLC boosted its holdings in FMC by 4.1% in the third quarter. Farther Finance Advisors LLC now owns 11,291 shares of the basic materials company’s stock worth $380,000 after purchasing an additional 442 shares in the last quarter. Arkadios Wealth Advisors boosted its holdings in FMC by 5.0% during the third quarter. Arkadios Wealth Advisors now owns 21,279 shares of the basic materials company’s stock valued at $716,000 after acquiring an additional 1,009 shares during the period. Rhumbline Advisers boosted 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 acquiring an additional 1,406 shares during the period. Cary Street Partners Financial LLC lifted its stake in shares of FMC by 26.0% in the third quarter. Cary Street Partners Financial LLC now owns 18,173 shares of the basic materials company’s stock valued at $611,000 after buying an additional 3,749 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of FMC by 11.0% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 51,448 shares of the basic materials company’s stock valued at $2,171,000 after buying an additional 5,091 shares during the period. 91.86% of the stock is currently owned by hedge funds and other institutional investors.
About FMC
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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