FMC Corporation (NYSE:FMC) Receives Consensus Recommendation of “Hold” from Analysts

Shares of FMC Corporation (NYSE:FMC) have been given a consensus rating of “Hold” by the sixteen analysts that are presently covering the company, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating and three have issued a buy rating on the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $28.0769.

A number of research firms have issued reports on FMC. Royal Bank Of Canada decreased their target price on FMC from $33.00 to $17.00 and set an “outperform” rating for the company in a research note on Friday, October 31st. Bank of America upgraded FMC from an “underperform” rating to a “neutral” rating and cut their price objective for the company from $37.00 to $33.00 in a report on Tuesday, October 14th. Wall Street Zen lowered FMC from a “hold” rating to a “sell” rating in a research report on Saturday, November 8th. KeyCorp restated a “sector weight” rating on shares of FMC in a report on Friday, October 31st. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of FMC in a report on Monday.

FMC Stock Down 0.9%

Shares of NYSE FMC opened at $13.57 on Thursday. FMC has a 52-week low of $12.17 and a 52-week high of $59.88. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.05 and a current ratio of 1.40. The stock has a market cap of $1.70 billion, a P/E ratio of -3.20, a P/E/G ratio of 0.63 and a beta of 0.65. The firm has a 50 day moving average price of $22.24 and a 200 day moving average price of $33.84.

FMC (NYSE:FMC) last posted its earnings results on Wednesday, October 29th. The basic materials company reported $0.89 earnings per share for the quarter, topping the consensus estimate of $0.85 by $0.04. FMC had a negative net margin of 14.81% and a positive return on equity of 10.40%. The company had revenue of $542.20 million for the quarter, compared to analyst estimates of $1.08 billion. During the same period last year, the business posted $0.69 earnings per share. The business’s revenue for the quarter was down 49.1% compared to the same quarter last year. FMC has set its Q4 2025 guidance at 1.140-1.360 EPS and its FY 2025 guidance at 2.920-3.140 EPS. Analysts expect that FMC will post 3.48 EPS for the current year.

Insiders Place Their Bets

In other FMC news, VP Jacqueline Scanlan sold 3,790 shares of the stock in a transaction dated Monday, September 29th. The stock was sold at an average price of $34.00, for a total transaction of $128,860.00. Following the completion of the transaction, the vice president owned 33,044 shares in the company, valued at approximately $1,123,496. This represents a 10.29% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director John Mitchell Raines purchased 7,000 shares of the company’s stock in a transaction on Thursday, November 13th. The stock was purchased at an average cost of $13.77 per share, for a total transaction of $96,390.00. Following the purchase, the director directly owned 13,784 shares in the company, valued at approximately $189,805.68. This trade represents a 103.18% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 0.67% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On FMC

A number of large investors have recently bought and sold shares of the company. Charles Schwab Investment Management Inc. raised its holdings in shares of FMC by 286.0% in the first quarter. Charles Schwab Investment Management Inc. now owns 4,494,377 shares of the basic materials company’s stock valued at $189,618,000 after purchasing an additional 3,329,974 shares during the last quarter. AQR Capital Management LLC grew its position in FMC by 1,199.9% in the first quarter. AQR Capital Management LLC now owns 3,621,496 shares of the basic materials company’s stock valued at $151,071,000 after purchasing an additional 3,342,888 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in FMC by 20.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,743,271 shares of the basic materials company’s stock valued at $115,736,000 after buying an additional 457,094 shares during the last quarter. Brandywine Global Investment Management LLC lifted its position in FMC by 22.7% during the 1st quarter. Brandywine Global Investment Management LLC now owns 2,284,267 shares of the basic materials company’s stock worth $96,373,000 after buying an additional 423,210 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in shares of FMC by 9.8% during the 1st quarter. Ameriprise Financial Inc. now owns 1,641,657 shares of the basic materials company’s stock worth $69,274,000 after buying an additional 146,048 shares during the last quarter. Institutional investors and hedge funds own 91.86% of the company’s stock.

About FMC

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.