Brokerages Set FMC Corporation (NYSE:FMC) Price Target at $20.46

FMC Corporation (NYSE:FMCGet Free Report) has been assigned a consensus rating of “Reduce” from the fourteen ratings firms that are currently covering the firm, Marketbeat reports. Three investment analysts have rated the stock with a sell recommendation, nine have issued a hold recommendation and two have given a buy recommendation to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $20.4583.

Several equities analysts have recently commented on the company. Wall Street Zen downgraded FMC from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Zacks Research upgraded FMC from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 7th. Morgan Stanley decreased their target price on FMC from $17.00 to $15.50 and set an “equal weight” rating on the stock in a research report on Friday, February 6th. UBS Group boosted their target price on FMC from $14.00 to $17.00 and gave the stock a “neutral” rating in a research report on Thursday, April 9th. Finally, Vertical Research downgraded FMC from a “hold” rating to a “sell” rating and set a $14.00 target price on the stock. in a research report on Wednesday, April 22nd.

View Our Latest Stock Analysis on FMC

Institutional Investors Weigh In On FMC

A number of hedge funds have recently made changes to their positions in FMC. SG Americas Securities LLC lifted its position in shares of FMC by 104.9% in the fourth quarter. SG Americas Securities LLC now owns 200,326 shares of the basic materials company’s stock worth $2,779,000 after buying an additional 102,545 shares in the last quarter. Entropy Technologies LP purchased a new stake in shares of FMC in the first quarter worth about $1,401,000. Inspire Trust Co. N.A. lifted its position in shares of FMC by 60.7% in the third quarter. Inspire Trust Co. N.A. now owns 140,000 shares of the basic materials company’s stock worth $4,708,000 after buying an additional 52,900 shares in the last quarter. Icon Wealth Advisors LLC increased its stake in FMC by 217.2% during the fourth quarter. Icon Wealth Advisors LLC now owns 63,647 shares of the basic materials company’s stock worth $883,000 after acquiring an additional 43,582 shares during the last quarter. Finally, Jones Financial Companies Lllp increased its stake in FMC by 6.3% during the third quarter. Jones Financial Companies Lllp now owns 728,716 shares of the basic materials company’s stock worth $24,514,000 after acquiring an additional 43,275 shares during the last quarter. 91.86% of the stock is currently owned by hedge funds and other institutional investors.

FMC Price Performance

Shares of FMC stock opened at $12.37 on Thursday. The stock’s 50-day simple moving average is $15.12 and its 200-day simple moving average is $14.60. FMC has a 52 week low of $12.17 and a 52 week high of $44.78. The company has a market capitalization of $1.55 billion, a price-to-earnings ratio of -0.62, a PEG ratio of 1.04 and a beta of 0.35. The company has a quick ratio of 0.96, a current ratio of 1.29 and a debt-to-equity ratio of 1.50.

FMC (NYSE:FMCGet Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The basic materials company reported ($0.23) EPS for the quarter, beating the consensus estimate of ($0.39) by $0.16. FMC had a positive return on equity of 10.53% and a negative net margin of 72.93%.The business had revenue of $762.40 million for the quarter, compared to the consensus estimate of $745.42 million. During the same period in the previous year, the business earned $0.18 earnings per share. The business’s revenue was down 4.1% on a year-over-year basis. FMC has set its FY 2026 guidance at 1.630-1.890 EPS and its Q2 2026 guidance at 0.160-0.260 EPS. As a group, analysts expect that FMC will post 1.69 earnings per share for the current fiscal year.

FMC Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 16th. Investors of record on Tuesday, June 30th will be given a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date is Tuesday, June 30th. FMC’s payout ratio is currently -1.60%.

About FMC

(Get Free Report)

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.

Read More

Analyst Recommendations for FMC (NYSE:FMC)

Receive News & Ratings for FMC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FMC and related companies with MarketBeat.com's FREE daily email newsletter.