FMC (NYSE:FMC) Price Target Cut to $21.00 by Analysts at Mizuho

FMC (NYSE:FMC) had its target price lowered by Mizuho from $24.00 to $21.00 in a research report released on Friday morning, Marketbeat.com reports. The firm currently has an outperform rating on the basic materials company’s stock.

Several other analysts also recently commented on FMC. Wells Fargo & Company initiated coverage on shares of FMC in a research report on Tuesday, November 11th. They issued an “equal weight” rating and a $16.00 price target for the company. Weiss Ratings reiterated a “sell (d)” rating on shares of FMC in a research report on Monday, December 29th. UBS Group reduced their price objective on FMC from $17.00 to $15.00 and set a “neutral” rating on the stock in a research report on Monday. Wall Street Zen lowered FMC from a “hold” rating to a “sell” rating in a research note on Saturday, November 8th. Finally, Barclays cut shares of FMC from an “equal weight” rating to an “underweight” rating and lowered their price objective for the company from $16.00 to $13.00 in a research note on Tuesday, December 9th. Three equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $24.85.

FMC Price Performance

FMC stock opened at $15.39 on Friday. FMC has a 1 year low of $12.17 and a 1 year high of $57.00. The company’s fifty day moving average price is $13.81 and its 200 day moving average price is $27.82. 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 capitalization of $1.92 billion, a P/E ratio of -3.63, a P/E/G ratio of 0.90 and a beta of 0.65.

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

FMC Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were paid a dividend of $0.08 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $0.32 annualized dividend and a yield of 2.1%. FMC’s dividend payout ratio (DPR) is presently -7.55%.

Insider Activity

In related news, Director John Mitchell Raines bought 7,000 shares of FMC stock in a transaction dated Thursday, November 13th. The stock was acquired at an average cost of $13.77 per share, with a total value of $96,390.00. Following the completion of the acquisition, 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 position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 0.67% of the stock is owned by insiders.

Institutional Trading of FMC

Several institutional investors have recently made changes to their positions in the stock. Jones Financial Companies Lllp boosted its stake in shares of FMC by 6.3% during the 3rd quarter. Jones Financial Companies Lllp now owns 728,716 shares of the basic materials company’s stock valued at $24,514,000 after buying an additional 43,275 shares during the period. Rhumbline Advisers grew its holdings in FMC by 0.5% during the third quarter. Rhumbline Advisers now owns 293,690 shares of the basic materials company’s stock valued at $9,877,000 after purchasing an additional 1,406 shares during the last quarter. SG Americas Securities LLC grew its stake in FMC by 104.9% in the 4th quarter. SG Americas Securities LLC now owns 200,326 shares of the basic materials company’s stock valued at $2,779,000 after buying an additional 102,545 shares during the last quarter. Inspire Trust Co. N.A. increased its holdings in shares of FMC by 60.7% during the 3rd quarter. Inspire Trust Co. N.A. now owns 140,000 shares of the basic materials company’s stock worth $4,708,000 after purchasing an additional 52,900 shares during the period. Finally, Roffman Miller Associates Inc. PA bought a new stake in shares of FMC in the 3rd quarter worth approximately $2,245,000. 91.86% of the stock is currently owned by institutional investors and hedge funds.

About FMC

FMC Corporation is a global agricultural sciences company specializing in the development, manufacture and marketing of crop protection products. Its portfolio includes herbicides, insecticides, fungicides and plant nutrition solutions designed to enhance crop yield, quality and sustainability. In addition to core crop protection, FMC delivers solutions for turf management and pest control in urban and industrial environments.

Founded in 1883 as the Bean Spray Pump Company and later known as Food Machinery Corporation, the business adopted the FMC name in 1948 and has since evolved through strategic acquisitions and divestitures.