FMC (NYSE:FMC) Shares Gap Up – Still a Buy?

FMC Corporation (NYSE:FMCGet Free Report) shares gapped up before the market opened on Wednesday . The stock had previously closed at $11.50, but opened at $12.08. FMC shares last traded at $11.5260, with a volume of 1,303,872 shares.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on FMC shares. Vertical Research downgraded shares of FMC from a “hold” rating to a “sell” rating and set a $14.00 price target on the stock. in a report on Wednesday, April 22nd. Weiss Ratings reissued a “sell (d-)” rating on shares of FMC in a research note on Friday, May 29th. Citigroup cut their price objective on FMC from $17.00 to $14.00 and set a “neutral” rating for the company in a research report on Monday, June 22nd. The Goldman Sachs Group upped their target price on FMC from $17.00 to $21.00 and gave the company a “buy” rating in a research note on Tuesday, April 14th. Finally, UBS Group increased their target price on FMC from $14.00 to $17.00 and gave the company a “neutral” rating in a report on Thursday, April 9th. Two investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, FMC has a consensus rating of “Reduce” and a consensus target price of $19.96.

View Our Latest Stock Analysis on FMC

FMC Price Performance

The company has a market capitalization of $1.42 billion, a price-to-earnings ratio of -0.57, a PEG ratio of 0.92 and a beta of 0.35. The company’s 50 day simple moving average is $13.01 and its 200-day simple moving average is $14.34. The company has a current ratio of 1.29, a quick ratio of 0.96 and a debt-to-equity ratio of 1.50.

FMC (NYSE:FMCGet Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The basic materials company reported ($0.23) EPS for the quarter, topping analysts’ consensus estimates of ($0.39) by $0.16. The business had revenue of $762.40 million during the quarter, compared to the consensus estimate of $745.42 million. FMC had a negative net margin of 72.93% and a positive return on equity of 10.53%. The company’s quarterly revenue was down 4.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.18 earnings per share. 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, equities research analysts predict that FMC Corporation will post 1.69 earnings per share for the current fiscal year.

FMC Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 16th. Shareholders of record on Tuesday, June 30th will be issued a $0.08 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $0.32 annualized dividend and a yield of 2.8%. FMC’s payout ratio is -1.60%.

Institutional Investors Weigh In On FMC

Hedge funds have recently made changes to their positions in the business. SG Americas Securities LLC increased its stake in FMC by 104.9% in the fourth quarter. SG Americas Securities LLC now owns 200,326 shares of the basic materials company’s stock valued at $2,779,000 after purchasing an additional 102,545 shares during the last quarter. Icon Wealth Advisors LLC boosted its stake in FMC by 217.2% in the 4th quarter. Icon Wealth Advisors LLC now owns 63,647 shares of the basic materials company’s stock worth $883,000 after buying an additional 43,582 shares during the last quarter. Essential Partners LLC acquired a new stake in FMC in the 1st quarter worth about $43,000. EverSource Wealth Advisors LLC grew its holdings in FMC by 3,714.8% in the 1st quarter. EverSource Wealth Advisors LLC now owns 9,041 shares of the basic materials company’s stock valued at $156,000 after buying an additional 8,804 shares during the period. Finally, Armistice Capital LLC purchased a new stake in FMC in the 3rd quarter valued at about $204,000. Institutional investors and hedge funds own 91.86% of the company’s stock.

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.

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