Cubist Systematic Strategies LLC Has $291,000 Stake in FMC Corporation $FMC

Cubist Systematic Strategies LLC decreased its position in shares of FMC Corporation (NYSE:FMC) by 89.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,904 shares of the basic materials company’s stock after selling 56,984 shares during the period. Cubist Systematic Strategies LLC’s holdings in FMC were worth $291,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Quarry LP lifted its position in FMC by 22.2% during the 1st quarter. Quarry LP now owns 21,782 shares of the basic materials company’s stock worth $919,000 after acquiring an additional 3,960 shares during the last quarter. DRW Securities LLC acquired a new position in FMC during the 1st quarter worth $2,953,000. Vident Advisory LLC acquired a new position in FMC during the 1st quarter worth $237,000. Canada Pension Plan Investment Board bought a new position in FMC during the first quarter worth $2,063,000. Finally, State of Wyoming increased its position in FMC by 344.9% during the first quarter. State of Wyoming now owns 7,959 shares of the basic materials company’s stock worth $336,000 after acquiring an additional 6,170 shares during the period. Institutional investors and hedge funds own 91.86% of the company’s stock.

FMC Trading Up 3.6%

Shares of FMC stock opened at $38.21 on Friday. The firm has a market capitalization of $4.77 billion, a PE ratio of 47.77, a price-to-earnings-growth ratio of 1.15 and a beta of 0.76. 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’s fifty day moving average price is $39.73 and its two-hundred day moving average price is $39.90. FMC Corporation has a 52-week low of $32.83 and a 52-week high of $67.75.

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

FMC Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 16th. Stockholders of record on Tuesday, September 30th will be issued a $0.58 dividend. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $2.32 annualized dividend and a dividend yield of 6.1%. FMC’s dividend payout ratio is presently 290.00%.

Insider Buying and Selling at FMC

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

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Wells Fargo & Company raised shares of FMC from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $41.00 to $50.00 in a research report on Monday, June 23rd. Royal Bank Of Canada dropped their target price on shares of FMC from $47.00 to $42.00 and set a “sector perform” rating on the stock in a research report on Friday, August 1st. KeyCorp boosted their target price on shares of FMC from $53.00 to $61.00 and gave the stock an “overweight” rating in a research report on Monday, July 14th. UBS Group dropped their target price on shares of FMC from $45.00 to $44.00 and set a “neutral” rating on the stock in a research report on Thursday, July 31st. Finally, Wall Street Zen raised shares of FMC from a “sell” rating to a “hold” rating in a research report on Saturday, June 14th. Five analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $49.58.

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.