KeyCorp Comments on FMC’s Q1 Earnings (NYSE:FMC)

FMC Co. (NYSE:FMC) – Equities researchers at KeyCorp issued their Q1 2025 earnings per share estimates for shares of FMC in a research note issued to investors on Sunday, April 13th. KeyCorp analyst A. Yefremov expects that the basic materials company will post earnings of $0.08 per share for the quarter. KeyCorp has a “Overweight” rating and a $49.00 price objective on the stock. The consensus estimate for FMC’s current full-year earnings is $3.48 per share. KeyCorp also issued estimates for FMC’s Q2 2025 earnings at $0.63 EPS, Q3 2025 earnings at $1.01 EPS, Q4 2025 earnings at $1.51 EPS, FY2025 earnings at $3.23 EPS and FY2027 earnings at $5.05 EPS.

FMC (NYSE:FMC) last announced its earnings results on Tuesday, February 4th. The basic materials company reported $1.79 EPS for the quarter, topping the consensus estimate of $1.65 by $0.14. FMC had a net margin of 8.03% and a return on equity of 9.67%.

FMC has been the topic of a number of other research reports. Redburn Atlantic cut FMC from a “buy” rating to a “neutral” rating and set a $49.00 price objective on the stock. in a research note on Friday, February 14th. Morgan Stanley cut their price target on shares of FMC from $70.00 to $46.00 and set an “equal weight” rating for the company in a research note on Wednesday, February 5th. StockNews.com lowered shares of FMC from a “buy” rating to a “hold” rating in a research note on Saturday, February 22nd. UBS Group downgraded shares of FMC from a “buy” rating to a “neutral” rating and cut their target price for the company from $66.00 to $38.00 in a research note on Friday, February 7th. Finally, Bank of America reiterated an “underperform” rating and set a $48.00 price target (down previously from $61.00) on shares of FMC in a report on Wednesday, February 5th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, FMC presently has a consensus rating of “Hold” and a consensus target price of $50.31.

FMC Stock Performance

FMC opened at $37.36 on Wednesday. The business’s 50-day simple moving average is $38.90 and its 200 day simple moving average is $50.27. FMC has a 52-week low of $32.83 and a 52-week high of $68.72. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.24 and a current ratio of 1.64. The firm has a market capitalization of $4.67 billion, a PE ratio of 13.74, a PEG ratio of 1.90 and a beta of 0.83.

Institutional Investors Weigh In On FMC

A number of large investors have recently bought and sold shares of FMC. Norges Bank bought a new position in FMC in the fourth quarter valued at approximately $49,888,000. Invesco Ltd. boosted its holdings in shares of FMC by 37.8% in the 4th quarter. Invesco Ltd. now owns 3,559,107 shares of the basic materials company’s stock valued at $173,008,000 after purchasing an additional 977,110 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in shares of FMC by 44.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,286,177 shares of the basic materials company’s stock valued at $111,131,000 after purchasing an additional 707,727 shares during the last quarter. Bank of New York Mellon Corp raised its holdings in shares of FMC by 48.9% during the 4th quarter. Bank of New York Mellon Corp now owns 2,088,235 shares of the basic materials company’s stock worth $101,509,000 after buying an additional 685,995 shares in the last quarter. Finally, Balyasny Asset Management L.P. lifted its position in shares of FMC by 762.4% during the 4th quarter. Balyasny Asset Management L.P. now owns 484,040 shares of the basic materials company’s stock worth $23,529,000 after buying an additional 427,915 shares during the last quarter. 91.86% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at FMC

In other news, EVP Michael Finian Reilly sold 2,958 shares of the company’s stock in a transaction on Thursday, January 23rd. The stock was sold at an average price of $55.25, for a total transaction of $163,429.50. Following the completion of the sale, the executive vice president now directly owns 25,468 shares in the company, valued at approximately $1,407,107. This represents a 10.41 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Carol Anthony Davidson purchased 6,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 5th. The stock was bought at an average cost of $37.33 per share, with a total value of $223,980.00. Following the purchase, the director now owns 6,000 shares of the company’s stock, valued at $223,980. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.67% of the stock is currently owned by corporate insiders.

FMC Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 17th. Stockholders of record on Monday, March 31st will be given a $0.58 dividend. The ex-dividend date is Monday, March 31st. This represents a $2.32 dividend on an annualized basis and a dividend yield of 6.21%. FMC’s payout ratio is presently 85.29%.

FMC Company Profile

FMC Corporation, an agricultural sciences company, provides crop protection, plant health, and professional pest and turf management products. It develops, markets, and sells crop protection chemicals that includes insecticides, herbicides, and fungicides; and biologicals, crop nutrition, and seed treatment products, which are used in agriculture to enhance crop yield and quality by controlling a range of insects, weeds, and diseases, as well as in non-agricultural markets for pest control.