26,025 TechnipFMC plc $FTI Shares Purchased by Retirement Systems of Alabama

Posted by Geri Gentry on Nov 11th, 2026

Retirement Systems of Alabama grew its stake in shares of TechnipFMC plc (NYSE:FTI – Free Report) by 5.9% during the 3rd quarter, Holdings Channel.com reports. The firm owned 465,796 shares of the oil and gas company’s stock after buying an additional 26,025 shares during the quarter. Retirement Systems of Alabama’s holdings in TechnipFMC were worth $31,637,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in FTI. Coppell Advisory Solutions LLC acquired a new stake in shares of TechnipFMC in the 2nd quarter valued at about $35,000. Ascentis Independent Advisors bought a new stake in TechnipFMC in the 1st quarter valued at about $37,000. Keating Financial Advisory Services Inc. acquired a new position in TechnipFMC during the 2nd quarter worth approximately $37,000. Latitude Advisors LLC acquired a new position in TechnipFMC during the 3rd quarter worth approximately $41,000. Finally, Ameritas Advisory Services LLC bought a new position in TechnipFMC in the second quarter worth approximately $44,000. Institutional investors own 96.58% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. Piper Sandler raised their price objective on TechnipFMC from $85.00 to $88.00 and gave the company an “overweight” rating in a research note on Tuesday, November 3rd. Barclays boosted their price objective on TechnipFMC from $86.00 to $90.00 and gave the company an “overweight” rating in a report on Monday, November 2nd. Citigroup upped their target price on TechnipFMC from $80.00 to $85.00 and gave the stock a “buy” rating in a research report on Tuesday, September 15th. UBS Group began coverage on TechnipFMC in a report on Monday, October 12th. They issued a “buy” rating and a $89.00 target price on the stock. Finally, Zacks Research raised shares of TechnipFMC from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 5th. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $78.18.

Get Our Latest Stock Analysis on FTI

Insider Buying and Selling

In related news, Director Eric Mullins acquired 6,365 shares of the firm’s stock in a transaction on Friday, August 14th. The stock was purchased at an average cost of $78.55 per share, with a total value of $499,970.75. Following the acquisition, the director owned 8,070 shares of the company’s stock, valued at approximately $633,898.50. This trade represents a 373.31% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Thierry Conti sold 6,000 shares of the stock in a transaction that occurred on Monday, September 21st. The stock was sold at an average price of $71.85, for a total value of $431,100.00. Following the completion of the sale, the insider directly owned 85,813 shares of the company’s stock, valued at approximately $6,165,664.05. This trade represents a 6.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.40% of the company’s stock.

TechnipFMC Stock Up 0.9%

Shares of NYSE FTI opened at $64.54 on Wednesday. The stock has a market capitalization of $25.10 billion, a P/E ratio of 20.30, a P/E/G ratio of 0.99 and a beta of 0.89. The company has a 50-day moving average price of $70.66 and a 200-day moving average price of $69.41. TechnipFMC plc has a 1 year low of $42.46 and a 1 year high of $80.70. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.09 and a quick ratio of 0.86.

TechnipFMC (NYSE:FTI – Get Free Report) last posted its earnings results on Thursday, October 29th. The oil and gas company reported $1.05 earnings per share for the quarter, topping analysts’ consensus estimates of $0.88 by $0.17. TechnipFMC had a net margin of 12.04% and a return on equity of 39.82%. The company had revenue of $2.90 billion for the quarter, compared to analyst estimates of $2.79 billion. During the same quarter in the prior year, the business posted $0.75 EPS. The firm’s revenue was up 9.4% compared to the same quarter last year. On average, equities research analysts forecast that TechnipFMC plc will post 3.31 EPS for the current fiscal year.

TechnipFMC Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 2nd. Shareholders of record on Tuesday, November 17th will be paid a dividend of $0.05 per share. The ex-dividend date is Tuesday, November 17th. This represents a $0.20 dividend on an annualized basis and a yield of 0.3%. TechnipFMC’s payout ratio is 6.29%.

TechnipFMC Profile

(Free Report)

TechnipFMC is a global technology and services company serving the energy industry. It designs and delivers equipment and solutions for offshore and onshore oil and gas projects, with a particular focus on subsea production and related services. Its offerings include subsea production systems, subsea installation and project services, and surface wellhead and production equipment. TechnipFMC also provides engineering and project-management capabilities, working with customers to develop and operate energy projects.