TechnipFMC plc (NYSE:FTI – Free Report) – Equities research analysts at Redburn Atlantic lowered their FY2025 earnings estimates for shares of TechnipFMC in a report released on Tuesday, October 8th. Redburn Atlantic analyst S. Toyne now anticipates that the oil and gas company will post earnings per share of $2.01 for the year, down from their prior estimate of $2.17. The consensus estimate for TechnipFMC’s current full-year earnings is $1.37 per share. Redburn Atlantic also issued estimates for TechnipFMC’s FY2026 earnings at $2.93 EPS, FY2027 earnings at $2.64 EPS and FY2028 earnings at $2.31 EPS.
Several other equities research analysts also recently commented on FTI. Citigroup lifted their target price on shares of TechnipFMC from $31.00 to $32.00 and gave the stock a “buy” rating in a research report on Wednesday, July 10th. Susquehanna lifted their target price on shares of TechnipFMC from $34.00 to $35.00 and gave the stock a “positive” rating in a research report on Friday, July 26th. StockNews.com downgraded shares of TechnipFMC from a “buy” rating to a “hold” rating in a research report on Thursday, September 26th. Finally, BMO Capital Markets raised their price target on shares of TechnipFMC from $32.00 to $33.00 and gave the stock a “market perform” rating in a report on Thursday. Five equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, TechnipFMC has an average rating of “Moderate Buy” and a consensus target price of $29.80.
TechnipFMC Trading Up 0.6 %
FTI opened at $27.67 on Friday. The company’s 50 day moving average is $26.14 and its 200-day moving average is $26.18. TechnipFMC has a 1-year low of $18.33 and a 1-year high of $29.85. The company has a current ratio of 1.10, a quick ratio of 0.84 and a debt-to-equity ratio of 0.23. The company has a market cap of $11.85 billion, a P/E ratio of 25.38 and a beta of 1.50.
TechnipFMC (NYSE:FTI – Get Free Report) last posted its quarterly earnings results on Thursday, July 25th. The oil and gas company reported $0.43 earnings per share for the quarter, beating analysts’ consensus estimates of $0.31 by $0.12. TechnipFMC had a net margin of 5.72% and a return on equity of 14.36%. The company had revenue of $2.33 billion for the quarter, compared to the consensus estimate of $2.23 billion. During the same period last year, the company posted $0.10 EPS. The firm’s quarterly revenue was up 17.9% compared to the same quarter last year.
Institutional Trading of TechnipFMC
Several hedge funds have recently bought and sold shares of the business. Creative Planning grew its position in TechnipFMC by 22.9% in the 3rd quarter. Creative Planning now owns 21,372 shares of the oil and gas company’s stock valued at $561,000 after purchasing an additional 3,980 shares during the period. ORG Wealth Partners LLC purchased a new position in TechnipFMC during the 3rd quarter worth $30,000. Oliver Luxxe Assets LLC boosted its holdings in TechnipFMC by 25.7% during the 3rd quarter. Oliver Luxxe Assets LLC now owns 194,698 shares of the oil and gas company’s stock worth $5,107,000 after acquiring an additional 39,807 shares during the last quarter. CWM LLC boosted its holdings in TechnipFMC by 1,714.4% during the 3rd quarter. CWM LLC now owns 45,450 shares of the oil and gas company’s stock worth $1,192,000 after acquiring an additional 42,945 shares during the last quarter. Finally, FCF Advisors LLC purchased a new position in TechnipFMC during the 3rd quarter worth $1,004,000. Institutional investors and hedge funds own 96.58% of the company’s stock.
TechnipFMC Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 4th. Investors of record on Tuesday, August 20th were given a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.72%. The ex-dividend date of this dividend was Tuesday, August 20th. TechnipFMC’s payout ratio is currently 18.35%.
TechnipFMC Company Profile
TechnipFMC plc engages in the energy projects, technologies, and systems and services businesses in Europe, Central Asia, North America, Latin America, the Asia Pacific, Africa, the Middle East, and internationally. It operates through two segments: Subsea and Surface Technologies. The Subsea segment engages in the design, engineering, procurement, manufacturing, fabrication, installation, and life of field services for subsea systems, subsea field infrastructure, and subsea pipe systems used in oil and gas production and transportation.
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