TechnipFMC plc (NYSE:FTI) Given Average Rating of “Moderate Buy” by Brokerages

TechnipFMC plc (NYSE:FTI) has earned a consensus recommendation of “Moderate Buy” from the seventeen brokerages that are presently covering the stock, MarketBeat.com reports. Four investment analysts have rated the stock with a hold recommendation, twelve have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $55.9286.

Several analysts have recently weighed in on the company. BMO Capital Markets boosted their target price on TechnipFMC from $52.00 to $67.00 and gave the company a “market perform” rating in a report on Monday. Piper Sandler lifted their price target on TechnipFMC from $49.00 to $52.00 and gave the stock an “overweight” rating in a research report on Thursday, December 18th. Susquehanna increased their price objective on TechnipFMC from $56.00 to $71.00 and gave the company a “positive” rating in a report on Friday, February 20th. UBS Group set a $70.00 target price on shares of TechnipFMC in a research report on Friday, February 20th. Finally, Barclays reaffirmed an “overweight” rating and issued a $69.00 target price on shares of TechnipFMC in a report on Friday, February 20th.

Insider Transactions at TechnipFMC

In other TechnipFMC news, Director Carvalho Filho Eleazar De sold 6,350 shares of the stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $65.40, for a total transaction of $415,290.00. Following the completion of the sale, the director directly owned 97,860 shares of the company’s stock, valued at approximately $6,400,044. This trade represents a 6.09% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.80% of the stock is owned by company insiders.

Hedge Funds Weigh In On TechnipFMC

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Focus Partners Wealth raised its position in TechnipFMC by 27.2% in the first quarter. Focus Partners Wealth now owns 24,120 shares of the oil and gas company’s stock worth $764,000 after acquiring an additional 5,161 shares in the last quarter. Geneos Wealth Management Inc. lifted its stake in shares of TechnipFMC by 45.3% in 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 period. Sivia Capital Partners LLC lifted its stake in shares of TechnipFMC by 76.1% in the second quarter. Sivia Capital Partners LLC now owns 14,764 shares of the oil and gas company’s stock valued at $508,000 after purchasing an additional 6,381 shares during the period. Transcend Capital Advisors LLC purchased a new stake in TechnipFMC during the second quarter worth about $310,000. Finally, Y Intercept Hong Kong Ltd acquired a new position in TechnipFMC during the second quarter worth about $1,077,000. Institutional investors and hedge funds own 96.58% of the company’s stock.

TechnipFMC News Roundup

Here are the key news stories impacting TechnipFMC this week:

• Positive Sentiment: Analysts raised the price target for FTI, signaling increased near-term expectations and helping buyer interest. TechnipFMC (FTI) price target increased by 17.16% to 59.36
• Positive Sentiment: Coverage pieces from Zacks highlight FTI as a growth and momentum candidate (GARP/momentum/above-average financial growth), which can attract growth- and quant-oriented flows. Is FMC Technologies (FTI) a Solid Growth Stock? 3 Reasons to Think “Yes”
• Positive Sentiment: Additional Zacks write-ups flag FTI as a strong momentum and GARP play, reinforcing demand from investors using style/score screens. Here’s Why FMC Technologies (FTI) is a Strong Momentum Stock
• Positive Sentiment: Market commentary notes FTI has surged toward a yearly peak, tracking broader NYSE Composite strength — technical momentum that can draw short-term buyers. TechnipFMC (NYSE:FTI) Surges To Yearly Peak Tracking Nyse Composite Index Strength
• Neutral Sentiment: BMO Capital left FTI rated as a “Hold,” signaling some analysts still view the stock as fairly valued and limiting upside from the more cautious institutional camp. BMO Capital Remains a Hold on TechnipFMC (FTI)
• Negative Sentiment: A company director sold 6,350 shares (~6% reduction of his reported position change), which can be read as partial profit-taking and may temper sentiment for some investors. Director Carvalho Filho Eleazar De sold 6,350 shares

TechnipFMC Price Performance

Shares of NYSE FTI opened at $66.12 on Thursday. The stock’s 50-day simple moving average is $53.61 and its 200-day simple moving average is $44.93. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.89 and a current ratio of 1.13. The firm has a market capitalization of $26.45 billion, a PE ratio of 28.62, a price-to-earnings-growth ratio of 1.25 and a beta of 0.69. TechnipFMC has a fifty-two week low of $22.11 and a fifty-two week high of $66.41.

TechnipFMC (NYSE:FTI) last issued its quarterly earnings data on Thursday, February 19th. The oil and gas company reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.19. The business had revenue of $2.52 billion during the quarter, compared to the consensus estimate of $2.54 billion. TechnipFMC had a net margin of 9.70% and a return on equity of 31.14%. The company’s revenue was up 6.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.54 EPS. As a group, equities research analysts forecast that TechnipFMC will post 1.63 EPS for the current fiscal year.

TechnipFMC Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Tuesday, March 17th will be paid a dividend of $0.05 per share. The ex-dividend date is Tuesday, March 17th. This represents a $0.20 annualized dividend and a dividend yield of 0.3%. TechnipFMC’s dividend payout ratio is 8.66%.

About TechnipFMC

TechnipFMC is an integrated oilfield services and technology company that designs, manufactures and delivers systems and services for the energy industry. The company’s activities span the full lifecycle of oil and gas projects, with capabilities in subsea production systems, surface wellhead and intervention equipment, and onshore/offshore engineering and construction. TechnipFMC combines engineering and project management with fabrication, installation and maintenance services to help operators develop and produce hydrocarbon resources.

Its product and service portfolio includes subsea hardware such as trees, manifolds, umbilicals, risers and flowlines, as well as surface equipment for drilling, completions and well intervention.