48,132 Shares in TechnipFMC plc $FTI Acquired by Bradley Foster & Sargent Inc. CT

Bradley Foster & Sargent Inc. CT bought a new position in shares of TechnipFMC plc (NYSE:FTI) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 48,132 shares of the oil and gas company’s stock, valued at approximately $1,899,000.

A number of other hedge funds have also modified their holdings of the business. Waddell & Associates LLC raised its holdings in TechnipFMC by 37.6% in the 3rd quarter. Waddell & Associates LLC now owns 14,666 shares of the oil and gas company’s stock valued at $579,000 after acquiring an additional 4,008 shares during the last quarter. Chase Investment Counsel Corp purchased a new stake in shares of TechnipFMC in the third quarter valued at approximately $3,596,000. Compound Planning Inc. increased its holdings in shares of TechnipFMC by 18.0% in the third quarter. Compound Planning Inc. now owns 8,844 shares of the oil and gas company’s stock valued at $349,000 after purchasing an additional 1,348 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in TechnipFMC by 29.0% during the third quarter. EverSource Wealth Advisors LLC now owns 17,406 shares of the oil and gas company’s stock worth $687,000 after buying an additional 3,916 shares in the last quarter. Finally, Clearstead Advisors LLC boosted its stake in TechnipFMC by 235.6% during the third quarter. Clearstead Advisors LLC now owns 14,413 shares of the oil and gas company’s stock worth $569,000 after buying an additional 10,118 shares during the last quarter. 96.58% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

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 shares were sold at an average price of $65.40, for a total transaction of $415,290.00. Following the sale, the director directly owned 97,860 shares in the company, valued at $6,400,044. This represents a 6.09% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.80% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of analysts have issued reports on the company. Citigroup raised their target price on TechnipFMC from $48.00 to $76.00 and gave the stock a “buy” rating in a research note on Thursday. HSBC downgraded shares of TechnipFMC from a “buy” rating to a “hold” rating and lifted their target price for the stock from $49.00 to $62.00 in a research note on Friday, February 20th. Weiss Ratings reissued a “buy (b)” rating on shares of TechnipFMC in a research note on Thursday, January 22nd. Barclays restated an “overweight” rating and set a $69.00 price target on shares of TechnipFMC in a report on Friday, February 20th. Finally, BMO Capital Markets increased their price objective on TechnipFMC from $52.00 to $67.00 and gave the stock a “market perform” rating in a research report on Monday. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, TechnipFMC presently has a consensus rating of “Moderate Buy” and an average target price of $57.93.

TechnipFMC Stock Up 1.7%

NYSE:FTI opened at $67.27 on Friday. TechnipFMC plc has a 52 week low of $22.11 and a 52 week high of $67.31. The company has a quick ratio of 0.89, a current ratio of 1.13 and a debt-to-equity ratio of 0.13. The stock’s fifty day moving average is $54.08 and its two-hundred day moving average is $45.09. The stock has a market capitalization of $26.91 billion, a price-to-earnings ratio of 29.12, a price-to-earnings-growth ratio of 1.27 and a beta of 0.69.

TechnipFMC (NYSE:FTI) last posted its earnings results on Thursday, February 19th. The oil and gas company reported $0.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.19. TechnipFMC had a return on equity of 31.14% and a net margin of 9.70%.The firm had revenue of $2.52 billion for the quarter, compared to analyst estimates of $2.54 billion. During the same quarter in the prior year, the company earned $0.54 EPS. TechnipFMC’s revenue was up 6.3% on a year-over-year basis. Research analysts anticipate that TechnipFMC plc will post 1.63 EPS for the current year.

TechnipFMC Announces Dividend

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

TechnipFMC News Summary

Here are the key news stories impacting TechnipFMC this week:

• Positive Sentiment: Citigroup sharply raised its price target on FTI to $76 and assigned a “buy” rating — a sizable upgrade that signals stronger analyst confidence and provides an explicit upside anchor for investors. Citigroup price target raise
• Positive Sentiment: Broader analyst and institutional support: data shows a cluster of upgrades and a consensus “moderate buy” from analysts, while large asset managers (AQR, State Street, Invesco) have materially increased stakes — both trends support continued buying pressure. Analyst consensus / institutional holdings
• Neutral Sentiment: Positive media analysis pieces (Zacks) highlight FTI’s growth profile and relative outperformance versus some peers, which can attract growth-oriented and GARP investors but are commentary rather than new fundamental data. Zacks growth analysis
• Neutral Sentiment: Other outlets have updated price targets (e.g., a smaller raise reflected in an MSN-linked note). These incremental target changes provide context but are less consequential than the Citi upgrade. MSN price-target note
• Negative Sentiment: An insider (director Carvalho Filho Eleazar De) sold 6,350 shares for about $415k — a modest-sized sale that may prompt short-term investor caution or headlines about insider selling, though the director still holds a large position. Insider sale filing

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.