Assenagon Asset Management S.A. Purchases Shares of 20,009 TechnipFMC plc $FTI

Posted by Brenda Bartman on Aug 15th, 2026

Assenagon Asset Management S.A. acquired a new stake in TechnipFMC plc (NYSE:FTI – Free Report) in the 2nd quarter, Holdings Channel reports. The firm acquired 20,009 shares of the oil and gas company’s stock, valued at approximately $1,327,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Asset Management One Co. Ltd. acquired a new position in shares of TechnipFMC during the 4th quarter worth about $833,000. Fisher Asset Management LLC lifted its stake in TechnipFMC by 7.1% during the fourth quarter. Fisher Asset Management LLC now owns 408,437 shares of the oil and gas company’s stock worth $18,200,000 after purchasing an additional 27,111 shares during the last quarter. BankChampaign National Association acquired a new position in TechnipFMC in the first quarter valued at approximately $1,157,000. HighTower Advisors LLC boosted its holdings in TechnipFMC by 54.7% in the fourth quarter. HighTower Advisors LLC now owns 46,832 shares of the oil and gas company’s stock valued at $2,087,000 after purchasing an additional 16,562 shares in the last quarter. Finally, Todd Asset Management LLC raised its stake in TechnipFMC by 52.2% during the 4th quarter. Todd Asset Management LLC now owns 825,835 shares of the oil and gas company’s stock worth $36,800,000 after acquiring an additional 283,129 shares in the last quarter. 96.58% of the stock is currently owned by institutional investors and hedge funds.

TechnipFMC Price Performance

Shares of NYSE:FTI opened at $78.63 on Friday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.85 and a current ratio of 1.08. The business’s fifty day moving average price is $70.30 and its two-hundred day moving average price is $68.41. The stock has a market cap of $30.84 billion, a PE ratio of 27.30, a price-to-earnings-growth ratio of 1.58 and a beta of 0.72. TechnipFMC plc has a one year low of $34.27 and a one year high of $79.23.

TechnipFMC (NYSE:FTI – Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The oil and gas company reported $0.91 EPS for the quarter, beating analysts’ consensus estimates of $0.80 by $0.11. The business had revenue of $2.76 billion for the quarter, compared to analyst estimates of $2.67 billion. TechnipFMC had a return on equity of 36.54% and a net margin of 11.28%.The business’s revenue for the quarter was up 9.0% compared to the same quarter last year. During the same quarter last year, the company earned $0.68 earnings per share. On average, analysts forecast that TechnipFMC plc will post 3.06 EPS for the current fiscal year.

TechnipFMC Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 2nd. Stockholders of record on Tuesday, August 18th will be issued a dividend of $0.05 per share. The ex-dividend date is Tuesday, August 18th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.3%. TechnipFMC’s payout ratio is 6.94%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. The Goldman Sachs Group reiterated a “buy” rating on shares of TechnipFMC in a research note on Wednesday, June 3rd. Evercore reaffirmed an “outperform” rating and issued a $83.00 target price on shares of TechnipFMC in a report on Friday, May 1st. UBS Group set a $80.00 target price on shares of TechnipFMC in a research note on Wednesday, June 3rd. Royal Bank Of Canada lifted their target price on TechnipFMC from $78.00 to $80.00 and gave the company an “outperform” rating in a research note on Friday, May 1st. Finally, Citigroup boosted their price objective on shares of TechnipFMC from $76.00 to $80.00 and gave the company a “buy” rating in a research note on Thursday, June 18th. Thirteen analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $69.64.

View Our Latest Analysis on TechnipFMC

TechnipFMC Company Profile

(Free Report)

TechnipFMC is an integrated oilfield services and technology company that designs, manufactures and delivers systems and services for the energy industry. The company’s activities span the full lifecycle of oil and gas projects, with capabilities in subsea production systems, surface wellhead and intervention equipment, and onshore/offshore engineering and construction. TechnipFMC combines engineering and project management with fabrication, installation and maintenance services to help operators develop and produce hydrocarbon resources.

Its product and service portfolio includes subsea hardware such as trees, manifolds, umbilicals, risers and flowlines, as well as surface equipment for drilling, completions and well intervention.