FMC Corporation $FMC Shares Bought by American Century Companies Inc.

American Century Companies Inc. grew its position in shares of FMC Corporation (NYSE:FMC) by 275.6% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 507,238 shares of the basic materials company’s stock after acquiring an additional 372,182 shares during the quarter. American Century Companies Inc. owned about 0.41% of FMC worth $21,400,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Ethic Inc. increased its stake in FMC by 43.3% during the first quarter. Ethic Inc. now owns 52,617 shares of the basic materials company’s stock worth $2,218,000 after acquiring an additional 15,905 shares during the last quarter. Brandywine Global Investment Management LLC lifted its stake in shares of FMC by 22.7% during the first quarter. Brandywine Global Investment Management LLC now owns 2,284,267 shares of the basic materials company’s stock worth $96,373,000 after purchasing an additional 423,210 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of FMC by 20.0% during the first quarter. Dimensional Fund Advisors LP now owns 2,743,271 shares of the basic materials company’s stock worth $115,736,000 after purchasing an additional 457,094 shares in the last quarter. Kovitz Investment Group Partners LLC acquired a new position in shares of FMC during the first quarter worth about $233,000. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund acquired a new position in shares of FMC during the first quarter worth about $333,000. 91.86% of the stock is currently owned by institutional investors and hedge funds.

FMC Stock Up 3.4%

Shares of FMC stock opened at $40.6640 on Friday. The business has a 50-day moving average of $40.91 and a 200-day moving average of $39.77. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.53 and a quick ratio of 1.14. The company has a market capitalization of $5.08 billion, a PE ratio of 50.83, a P/E/G ratio of 1.26 and a beta of 0.75. FMC Corporation has a 1-year low of $32.83 and a 1-year high of $67.75.

FMC (NYSE:FMC) last announced its earnings results on Wednesday, July 30th. The basic materials company reported $0.69 earnings per share for the quarter, beating the consensus estimate of $0.59 by $0.10. The company had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $995.15 million. FMC had a return on equity of 9.36% and a net margin of 2.42%.The company’s revenue was up 1.2% on a year-over-year basis. During the same period last year, the firm earned $0.63 earnings per share. FMC has set its Q3 2025 guidance at 0.780-0.980 EPS. FY 2025 guidance at 3.260-3.700 EPS. As a group, equities analysts forecast that FMC Corporation will post 3.48 EPS for the current fiscal year.

FMC Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 16th. Stockholders of record on Tuesday, September 30th will be given a dividend of $0.58 per share. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $2.32 annualized dividend and a dividend yield of 5.7%. FMC’s dividend payout ratio (DPR) is presently 290.00%.

Insider Activity at FMC

In other news, VP Jacqueline Scanlan sold 1,510 shares of the stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $37.49, for a total transaction of $56,609.90. Following the transaction, the vice president owned 36,834 shares of the company’s stock, valued at approximately $1,380,906.66. This trade represents a 3.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.67% of the company’s stock.

Analyst Upgrades and Downgrades

FMC has been the topic of a number of recent research reports. Barclays reduced their price objective on FMC from $49.00 to $48.00 and set an “overweight” rating on the stock in a research note on Wednesday, August 13th. KeyCorp boosted their price objective on FMC from $53.00 to $61.00 and gave the stock an “overweight” rating in a research note on Monday, July 14th. Wells Fargo & Company upgraded FMC from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $41.00 to $50.00 in a research note on Monday, June 23rd. Morgan Stanley reduced their price objective on FMC from $46.00 to $42.00 and set an “equal weight” rating on the stock in a research note on Friday, August 1st. Finally, Wall Street Zen upgraded FMC from a “sell” rating to a “hold” rating in a research note on Saturday, June 14th. Five analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, FMC currently has an average rating of “Hold” and an average price target of $49.58.

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.