FMC (NYSE:FMC – Get Free Report) had its price target dropped by stock analysts at Royal Bank Of Canada from $17.00 to $14.00 in a research note issued to investors on Thursday,MarketScreener reports. The brokerage presently has a “sector perform” rating on the basic materials company’s stock. Royal Bank Of Canada’s price objective would suggest a potential upside of 29.45% from the stock’s current price.
A number of other brokerages have also weighed in on FMC. The Goldman Sachs Group raised their price objective on FMC from $17.00 to $21.00 and gave the company a “buy” rating in a research note on Tuesday, April 14th. Vertical Research lowered 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. Zacks Research upgraded FMC from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 7th. Wells Fargo & Company raised their price target on shares of FMC from $14.00 to $17.00 and gave the stock an “equal weight” rating in a research report on Tuesday, April 21st. Finally, UBS Group lifted their price target on shares of FMC from $14.00 to $17.00 and gave the stock a “neutral” rating in a research note on Thursday, April 9th. Two analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Reduce” and an average price target of $20.21.
FMC Stock Performance
FMC (NYSE:FMC – Get Free Report) last announced its earnings results on Wednesday, April 29th. The basic materials company reported ($0.23) earnings per share 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 company had revenue of $762.40 million during the quarter, compared to the consensus estimate of $745.42 million. During the same period last year, the firm earned $0.18 earnings per share. The company’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. On average, research analysts anticipate that FMC will post 1.69 earnings per share for the current fiscal year.
Institutional Trading of FMC
A number of institutional investors and hedge funds have recently modified their holdings of FMC. Glenmede Trust Co. NA boosted its holdings in shares of FMC by 14.9% in the 1st quarter. Glenmede Trust Co. NA now owns 12,427 shares of the basic materials company’s stock valued at $214,000 after buying an additional 1,614 shares during the period. Essential Partners LLC acquired a new stake in FMC during the first quarter worth about $43,000. EverSource Wealth Advisors LLC lifted its holdings in FMC by 3,714.8% in the first quarter. EverSource Wealth Advisors LLC now owns 9,041 shares of the basic materials company’s stock worth $156,000 after acquiring an additional 8,804 shares during the last quarter. Entropy Technologies LP bought a new position in FMC in the first quarter worth about $1,401,000. Finally, Parallel Advisors LLC boosted its stake in FMC by 297.2% in the first quarter. Parallel Advisors LLC now owns 6,264 shares of the basic materials company’s stock valued at $108,000 after acquiring an additional 4,687 shares during the period. 91.86% of the stock is owned by institutional investors and hedge funds.
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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