Nuveen LLC Makes New $6.45 Million Investment in FMC Corporation $FMC

Nuveen LLC bought a new position in shares of FMC Corporation (NYSE:FMC) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 152,325 shares of the basic materials company’s stock, valued at approximately $6,445,000. Nuveen LLC owned about 0.12% of FMC as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in FMC. Mariner LLC boosted its position in shares of FMC by 4.5% during the fourth quarter. Mariner LLC now owns 21,118 shares of the basic materials company’s stock worth $1,027,000 after buying an additional 905 shares during the period. Marshall Wace LLP purchased a new position in shares of FMC during the fourth quarter worth $2,591,000. Dimensional Fund Advisors LP boosted its position in shares of FMC by 44.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,286,177 shares of the basic materials company’s stock worth $111,131,000 after buying an additional 707,727 shares during the period. MetLife Investment Management LLC boosted its position in shares of FMC by 1.8% during the fourth quarter. MetLife Investment Management LLC now owns 33,032 shares of the basic materials company’s stock worth $1,606,000 after buying an additional 584 shares during the period. Finally, Tower Research Capital LLC TRC boosted its position in shares of FMC by 140.4% during the fourth quarter. Tower Research Capital LLC TRC now owns 15,999 shares of the basic materials company’s stock worth $778,000 after buying an additional 9,345 shares during the period. Institutional investors and hedge funds own 91.86% of the company’s stock.

Wall Street Analyst Weigh In

FMC has been the subject of several research analyst reports. Wells Fargo & Company upgraded FMC from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $41.00 to $50.00 in a research report on Monday, June 23rd. Barclays lowered their price target on FMC from $49.00 to $48.00 and set an “overweight” rating for the company in a research report on Wednesday, August 13th. KeyCorp raised their price target on FMC from $53.00 to $61.00 and gave the stock an “overweight” rating in a research report on Monday, July 14th. UBS Group lowered their price target on FMC from $45.00 to $44.00 and set a “neutral” rating for the company in a research report on Thursday, July 31st. Finally, Royal Bank Of Canada decreased their target price on FMC from $47.00 to $42.00 and set a “sector perform” rating for the company in a report on Friday, August 1st. Five analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $49.58.

FMC Trading Up 3.4%

NYSE:FMC opened at $40.6640 on Monday. The firm has a market cap of $5.08 billion, a PE ratio of 50.83, a price-to-earnings-growth ratio of 1.26 and a beta of 0.75. The stock has a fifty day moving average price of $40.91 and a 200 day moving average price of $39.80. FMC Corporation has a 12-month low of $32.83 and a 12-month high of $67.75. The company has a current ratio of 1.53, a quick ratio of 1.14 and a debt-to-equity ratio of 0.74.

FMC (NYSE:FMC) last released its earnings results on Wednesday, July 30th. The basic materials company reported $0.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.59 by $0.10. The firm had revenue of $1.05 billion during the quarter, compared to analyst estimates of $995.15 million. FMC had a return on equity of 9.36% and a net margin of 2.42%.FMC’s revenue was up 1.2% compared to the same quarter last year. During the same period last year, the business posted $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. Sell-side analysts anticipate that FMC Corporation will post 3.48 earnings per share for the current fiscal year.

FMC Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 16th. Shareholders of record on Tuesday, September 30th will be issued a dividend of $0.58 per share. This represents a $2.32 dividend on an annualized basis and a yield of 5.7%. The ex-dividend date of this dividend is Tuesday, September 30th. FMC’s payout ratio is 290.00%.

Insider Transactions at FMC

In other FMC news, VP Jacqueline Scanlan sold 1,510 shares of FMC stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $37.49, for a total transaction of $56,609.90. Following the completion of the sale, the vice president directly owned 36,834 shares of the company’s stock, valued at $1,380,906.66. The trade was a 3.94% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.67% of the stock is owned by company insiders.

FMC 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.