Griffin Securities Boosts Earnings Estimates for TechnipFMC

TechnipFMC plc (NYSE:FTI) – Equities researchers at Griffin Securities upped their FY2025 EPS estimates for TechnipFMC in a research note issued on Sunday, October 26th. Griffin Securities analyst K. Simpson now forecasts that the oil and gas company will earn $2.31 per share for the year, up from their previous estimate of $2.26. The consensus estimate for TechnipFMC’s current full-year earnings is $1.63 per share. Griffin Securities also issued estimates for TechnipFMC’s Q1 2026 earnings at $0.47 EPS, Q2 2026 earnings at $0.76 EPS, Q4 2026 earnings at $0.61 EPS and FY2027 earnings at $3.04 EPS.

TechnipFMC (NYSE:FTI) last announced its quarterly earnings data on Thursday, October 23rd. The oil and gas company reported $0.75 earnings per share for the quarter, topping analysts’ consensus estimates of $0.65 by $0.10. TechnipFMC had a net margin of 9.67% and a return on equity of 30.23%. The company had revenue of $2.65 billion during the quarter, compared to analyst estimates of $2.60 billion. During the same period in the previous year, the business earned $0.64 EPS. The firm’s revenue for the quarter was up 12.7% on a year-over-year basis. TechnipFMC has set its FY 2025 guidance at EPS.

Several other equities research analysts have also recently issued reports on FTI. Wall Street Zen upgraded shares of TechnipFMC from a “hold” rating to a “buy” rating in a report on Saturday, October 4th. BTIG Research cut shares of TechnipFMC from a “buy” rating to a “neutral” rating in a report on Monday, July 14th. Zacks Research raised shares of TechnipFMC from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 10th. Piper Sandler lifted their target price on TechnipFMC from $48.00 to $49.00 and gave the company an “overweight” rating in a research report on Friday, October 24th. Finally, Barclays upped their price target on TechnipFMC from $51.00 to $53.00 and gave the stock an “overweight” rating in a research report on Monday. Two research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $44.64.

TechnipFMC Trading Down 0.4%

TechnipFMC stock opened at $40.98 on Wednesday. The business’s fifty day moving average is $38.31 and its 200 day moving average is $34.46. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.13 and a quick ratio of 0.90. The stock has a market capitalization of $16.58 billion, a PE ratio of 18.29, a price-to-earnings-growth ratio of 1.21 and a beta of 1.04. TechnipFMC has a one year low of $22.11 and a one year high of $41.56.

TechnipFMC Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 3rd. Shareholders of record on Tuesday, November 18th will be issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Tuesday, November 18th. TechnipFMC’s payout ratio is currently 8.93%.

TechnipFMC declared that its Board of Directors has approved a share buyback plan on Wednesday, October 22nd that allows the company to repurchase $2.00 billion in shares. This repurchase authorization allows the oil and gas company to buy up to 13.3% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s management believes its shares are undervalued.

Insiders Place Their Bets

In other news, CFO Alf Melin sold 113,760 shares of TechnipFMC stock in a transaction dated Monday, September 22nd. The stock was sold at an average price of $38.61, for a total value of $4,392,273.60. Following the sale, the chief financial officer directly owned 241,140 shares of the company’s stock, valued at approximately $9,310,415.40. The trade was a 32.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Thierry Conti sold 50,000 shares of the business’s stock in a transaction dated Monday, September 22nd. The stock was sold at an average price of $38.64, for a total value of $1,932,000.00. Following the completion of the sale, the insider owned 56,352 shares in the company, valued at $2,177,441.28. This represents a 47.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 876,603 shares of company stock worth $33,832,588 in the last 90 days. 1.80% of the stock is currently owned by corporate insiders.

Institutional Trading of TechnipFMC

A number of large investors have recently added to or reduced their stakes in FTI. Blue Trust Inc. boosted its position in shares of TechnipFMC by 5,475.0% during the 3rd quarter. Blue Trust Inc. now owns 669 shares of the oil and gas company’s stock valued at $26,000 after acquiring an additional 657 shares during the last quarter. New York State Teachers Retirement System purchased a new stake in TechnipFMC during the first quarter valued at $33,000. Geneos Wealth Management Inc. lifted its position in TechnipFMC by 45.3% during the first quarter. Geneos Wealth Management Inc. now owns 1,090 shares of the oil and gas company’s stock valued at $35,000 after purchasing an additional 340 shares during the last quarter. McIlrath & Eck LLC grew its stake in shares of TechnipFMC by 476.3% in the 3rd quarter. McIlrath & Eck LLC now owns 1,239 shares of the oil and gas company’s stock worth $49,000 after buying an additional 1,024 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd bought a new stake in shares of TechnipFMC in the 2nd quarter worth about $44,000. Institutional investors own 96.58% of the company’s stock.

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.