New York State Teachers Retirement System Sells 13,646 Shares of TechnipFMC plc $FTI

Posted by Brenda Bartman on Jul 5th, 2026

New York State Teachers Retirement System lessened its holdings in shares of TechnipFMC plc (NYSE:FTI – Free Report) by 4.8% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 273,527 shares of the oil and gas company’s stock after selling 13,646 shares during the quarter. New York State Teachers Retirement System’s holdings in TechnipFMC were worth $18,909,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the business. Asset Management One Co. Ltd. bought a new stake in TechnipFMC during the 4th quarter valued at $833,000. Harbor Capital Advisors Inc. bought a new position in shares of TechnipFMC in the fourth quarter worth $641,000. Archford Capital Strategies LLC purchased a new position in shares of TechnipFMC in the fourth quarter valued at $1,691,000. Fisher Asset Management LLC grew its position in shares of TechnipFMC by 7.1% in the fourth quarter. Fisher Asset Management LLC now owns 408,437 shares of the oil and gas company’s stock valued at $18,200,000 after purchasing an additional 27,111 shares in the last quarter. Finally, Danske Bank A S bought a new stake in shares of TechnipFMC during the 3rd quarter valued at $52,848,000. Hedge funds and other institutional investors own 96.58% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. Wall Street Zen upgraded TechnipFMC from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Zacks Research cut TechnipFMC from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 4th. UBS Group set a $80.00 price target on shares of TechnipFMC in a report on Wednesday, June 3rd. Weiss Ratings cut shares of TechnipFMC from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Tuesday, June 23rd. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of TechnipFMC in a report on Sunday, May 31st. Thirteen analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $70.00.

Get Our Latest Research Report on TechnipFMC

TechnipFMC Stock Down 0.0%

Shares of NYSE:FTI opened at $66.72 on Friday. The firm has a fifty day moving average of $69.83 and a 200 day moving average of $63.29. TechnipFMC plc has a 52-week low of $31.88 and a 52-week high of $77.78. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.88 and a current ratio of 1.13. The firm has a market capitalization of $26.60 billion, a PE ratio of 25.47, a price-to-earnings-growth ratio of 1.43 and a beta of 0.70.

TechnipFMC (NYSE:FTI – Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The oil and gas company reported $0.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.57 by $0.07. TechnipFMC had a return on equity of 34.06% and a net margin of 10.62%.The firm had revenue of $2.49 billion during the quarter, compared to analyst estimates of $2.52 billion. During the same quarter in the previous year, the company posted $0.33 earnings per share. The company’s revenue was up 11.6% compared to the same quarter last year. As a group, research analysts anticipate that TechnipFMC plc will post 2.98 EPS for the current fiscal year.

TechnipFMC Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 3rd. Investors of record on Tuesday, May 19th were given a $0.05 dividend. The ex-dividend date was 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%.

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.