Inspire Trust Co. N.A. lessened its position in FMC Corporation (NYSE:FMC – Free Report) by 71.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 40,000 shares of the basic materials company’s stock after selling 100,000 shares during the period. Inspire Trust Co. N.A.’s holdings in FMC were worth $555,000 at the end of the most recent reporting period.
Other large investors have also modified their holdings of the company. Armistice Capital LLC acquired a new stake in shares of FMC in the 3rd quarter worth about $204,000. Entropy Technologies LP acquired a new position in FMC during the 3rd quarter valued at about $267,000. Cary Street Partners Financial LLC increased its stake in FMC by 26.0% during the 3rd 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. Focus Partners Wealth increased its stake in FMC by 137.7% during the 1st quarter. Focus Partners Wealth now owns 21,427 shares of the basic materials company’s stock valued at $904,000 after buying an additional 12,414 shares during the period. Finally, Dearborn Partners LLC acquired a new position in FMC during the 3rd quarter valued at about $747,000. Institutional investors and hedge funds own 91.86% of the company’s stock.
Wall Street Analyst Weigh In
FMC has been the topic of several research analyst reports. Mizuho lowered their target price on shares of FMC from $21.00 to $20.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 17th. Royal Bank Of Canada raised their target price on shares of FMC from $16.00 to $17.00 and gave the company a “sector perform” rating in a research note on Friday, May 1st. JPMorgan Chase & Co. raised their target price on shares of FMC from $15.00 to $16.00 and gave the company a “neutral” rating in a research note on Friday, May 1st. The Goldman Sachs Group raised their target price on shares of FMC from $17.00 to $21.00 and gave the company a “buy” rating in a research note on Tuesday, April 14th. Finally, Citigroup raised their target price on shares of FMC from $15.00 to $17.00 and gave the company a “neutral” rating in a research note on Friday, May 1st. Two investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Reduce” and a consensus price target of $20.46.
FMC Stock Performance
Shares of FMC opened at $13.56 on Friday. The firm’s 50 day moving average is $15.18 and its 200-day moving average is $14.62. The stock has a market capitalization of $1.70 billion, a P/E ratio of -0.68, a P/E/G ratio of 1.08 and a beta of 0.39. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.29 and a quick ratio of 0.96. FMC Corporation has a 12-month low of $12.17 and a 12-month high of $44.78.
FMC (NYSE:FMC – Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The basic materials company reported ($0.23) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.39) by $0.16. The company had revenue of $762.40 million for the quarter, compared to analysts’ expectations of $745.42 million. FMC had a negative net margin of 72.93% and a positive return on equity of 10.53%. The business’s revenue was down 4.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.18 EPS. FMC has set its FY 2026 guidance at 1.630-1.890 EPS and its Q2 2026 guidance at 0.160-0.260 EPS. Equities research analysts anticipate that FMC Corporation will post 1.69 EPS for the current fiscal year.
FMC Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 16th. Stockholders of record on Tuesday, June 30th will be paid a $0.08 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $0.32 annualized dividend and a dividend yield of 2.4%. FMC’s payout ratio is currently -1.60%.
Insider Activity
In other FMC news, Director Michael F. Barry acquired 18,072 shares of the stock in a transaction dated Wednesday, March 4th. The shares were bought at an average price of $13.83 per share, with a total value of $249,935.76. Following the purchase, the director directly owned 19,634 shares of the company’s stock, valued at approximately $271,538.22. This trade represents a 1,156.98% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.82% of the stock is owned by corporate insiders.
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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