Teachers Retirement System of The State of Kentucky Grows Stake in TechnipFMC plc $FTI

Posted by Brenda Bartman on Jul 13th, 2026

Teachers Retirement System of The State of Kentucky grew its stake in shares of TechnipFMC plc (NYSE:FTI – Free Report) by 7.3% in the first quarter, Holdings Channel reports. The fund owned 692,800 shares of the oil and gas company’s stock after acquiring an additional 47,000 shares during the quarter. Teachers Retirement System of The State of Kentucky’s holdings in TechnipFMC were worth $47,893,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently modified their holdings of the stock. V Square Quantitative Management LLC bought a new position in TechnipFMC during the first quarter valued at $26,000. Harbor Investment Advisory LLC bought a new stake in shares of TechnipFMC in the fourth quarter valued at $32,000. Newbridge Financial Services Group Inc. bought a new stake in shares of TechnipFMC in the third quarter valued at $32,000. Geneos Wealth Management Inc. lifted its position in shares of TechnipFMC by 45.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,090 shares of the oil and gas company’s stock valued at $35,000 after buying an additional 340 shares during the last quarter. Finally, Ascentis Independent Advisors bought a new position in shares of TechnipFMC during the 1st quarter worth $37,000. Institutional investors own 96.58% of the company’s stock.

TechnipFMC Stock Performance

TechnipFMC stock opened at $71.79 on Monday. TechnipFMC plc has a 1-year low of $31.88 and a 1-year high of $77.78. The company has a current ratio of 1.13, a quick ratio of 0.88 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $28.62 billion, a PE ratio of 27.40, a price-to-earnings-growth ratio of 1.53 and a beta of 0.70. The firm’s 50 day simple moving average is $69.30 and its 200 day simple moving average is $64.30.

TechnipFMC (NYSE:FTI – Get Free Report) last announced its quarterly earnings results on Thursday, April 30th. The oil and gas company reported $0.64 EPS for the quarter, beating the consensus estimate of $0.57 by $0.07. TechnipFMC had a net margin of 10.62% and a return on equity of 34.06%. The firm had revenue of $2.49 billion during the quarter, compared to the consensus estimate of $2.52 billion. During the same period last year, the firm earned $0.33 EPS. The business’s quarterly revenue was up 11.6% compared to the same quarter last year. As a group, analysts expect that TechnipFMC plc will post 3.01 earnings per share for the current fiscal year.

TechnipFMC Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Tuesday, May 19th were given a dividend of $0.05 per share. 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 dividend payout ratio (DPR) is presently 7.63%.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Zacks Research lowered TechnipFMC from a “strong-buy” rating to a “hold” rating in a report on Monday, May 4th. Susquehanna cut their target price on shares of TechnipFMC from $90.00 to $85.00 and set a “positive” rating for the company in a research report on Wednesday, July 8th. UBS Group set a $80.00 target price on shares of TechnipFMC in a research note on Wednesday, June 3rd. Citigroup boosted their price target on shares of TechnipFMC from $76.00 to $80.00 and gave the company a “buy” rating in a research report on Thursday, June 18th. Finally, Piper Sandler upped their price target on shares of TechnipFMC from $70.00 to $80.00 and gave the company an “overweight” rating in a research note on Wednesday, April 15th. Thirteen investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, TechnipFMC presently has an average rating of “Moderate Buy” and a consensus target price of $69.64.

Read Our Latest Research Report 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.

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Institutional Ownership by Quarter for TechnipFMC (NYSE:FTI)

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