Chase Investment Counsel Corp Grows Position in TechnipFMC plc $FTI

Posted by George Bondi on May 18th, 2026

Chase Investment Counsel Corp raised its position in shares of TechnipFMC plc (NYSE:FTI – Free Report) by 95.1% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 177,903 shares of the oil and gas company’s stock after purchasing an additional 86,740 shares during the quarter. TechnipFMC comprises about 2.2% of Chase Investment Counsel Corp’s investment portfolio, making the stock its 15th biggest holding. Chase Investment Counsel Corp’s holdings in TechnipFMC were worth $7,927,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in FTI. Focus Partners Wealth grew its holdings in TechnipFMC by 27.2% during the 1st quarter. Focus Partners Wealth now owns 24,120 shares of the oil and gas company’s stock valued at $764,000 after buying an additional 5,161 shares in the last quarter. Geneos Wealth Management Inc. boosted its holdings in shares of TechnipFMC by 45.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,090 shares of the oil and gas company’s stock worth $35,000 after purchasing an additional 340 shares during the period. Sivia Capital Partners LLC boosted its holdings in shares of TechnipFMC by 76.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 14,764 shares of the oil and gas company’s stock worth $508,000 after purchasing an additional 6,381 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of TechnipFMC by 132.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 5,449 shares of the oil and gas company’s stock worth $188,000 after purchasing an additional 3,105 shares during the period. Finally, Ossiam boosted its holdings in shares of TechnipFMC by 52.0% in the 2nd quarter. Ossiam now owns 1,597 shares of the oil and gas company’s stock worth $55,000 after purchasing an additional 546 shares during the period. Hedge funds and other institutional investors own 96.58% of the company’s stock.

TechnipFMC Price Performance

FTI opened at $71.21 on Monday. The business has a fifty day moving average of $70.27 and a 200 day moving average of $57.45. TechnipFMC plc has a 52-week low of $28.87 and a 52-week high of $77.78. The company has a quick ratio of 0.88, a current ratio of 1.13 and a debt-to-equity ratio of 0.13. The stock has a market cap of $28.39 billion, a P/E ratio of 27.18, a PEG ratio of 1.44 and a beta of 0.74.

TechnipFMC (NYSE:FTI – Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The oil and gas company reported $0.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.57 by $0.07. TechnipFMC had a return on equity of 34.06% and a net margin of 10.62%.The company had revenue of $2.49 billion during the quarter, compared to analysts’ expectations of $2.52 billion. During the same quarter in the previous year, the business earned $0.33 EPS. TechnipFMC’s revenue was up 11.6% compared to the same quarter last year. As a group, sell-side analysts anticipate that TechnipFMC plc will post 2.95 EPS for the current year.

TechnipFMC Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 3rd. Investors of record on Tuesday, May 19th will be issued a dividend of $0.05 per share. The ex-dividend date is Tuesday, May 19th. This represents a $0.20 dividend on an annualized basis and a yield of 0.3%. TechnipFMC’s payout ratio is presently 7.63%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. Wall Street Zen upgraded TechnipFMC from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Weiss Ratings upgraded TechnipFMC from a “buy (b)” rating to a “buy (a-)” rating in a report on Wednesday, May 6th. Barclays lifted their target price on TechnipFMC from $70.00 to $87.00 and gave the stock an “overweight” rating in a report on Friday, May 8th. Royal Bank Of Canada lifted their target price on TechnipFMC from $78.00 to $80.00 and gave the stock an “outperform” rating in a report on Friday, May 1st. Finally, Piper Sandler lifted their target price on TechnipFMC from $70.00 to $80.00 and gave the stock an “overweight” rating in a report on Wednesday, April 15th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $66.53.

Check Out Our Latest Analysis on TechnipFMC

Insider Activity at TechnipFMC

In related news, insider Jonathan Landes sold 116,194 shares of the business’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $62.20, for a total transaction of $7,227,266.80. Following the completion of the transaction, the insider owned 71,356 shares in the company, valued at $4,438,343.20. The trade was a 61.95% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Douglas J. Pferdehirt sold 733,424 shares of the business’s stock in a transaction on Monday, March 9th. The shares were sold at an average price of $62.24, for a total value of $45,648,309.76. Following the transaction, the chief executive officer owned 2,411,852 shares of the company’s stock, valued at approximately $150,113,668.48. The trade was a 23.32% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 1,216,442 shares of company stock worth $75,762,414 over the last quarter. 1.40% of the stock is owned by insiders.

About TechnipFMC

(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.