Clearstead Advisors LLC Increases Stock Holdings in TechnipFMC plc $FTI

Clearstead Advisors LLC boosted its stake in TechnipFMC plc (NYSE:FTI) by 235.6% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 14,413 shares of the oil and gas company’s stock after acquiring an additional 10,118 shares during the quarter. Clearstead Advisors LLC’s holdings in TechnipFMC were worth $569,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Boston Partners boosted its stake in shares of TechnipFMC by 267.5% in the second quarter. Boston Partners now owns 9,669,433 shares of the oil and gas company’s stock valued at $333,041,000 after purchasing an additional 7,038,640 shares during the period. Norges Bank purchased a new position in TechnipFMC in the 2nd quarter valued at about $151,413,000. Pacer Advisors Inc. grew its stake in shares of TechnipFMC by 91.5% during the third quarter. Pacer Advisors Inc. now owns 3,837,314 shares of the oil and gas company’s stock valued at $151,382,000 after acquiring an additional 1,833,601 shares in the last quarter. Bank of New York Mellon Corp increased its position in shares of TechnipFMC by 80.6% during the third quarter. Bank of New York Mellon Corp now owns 3,172,213 shares of the oil and gas company’s stock worth $125,144,000 after acquiring an additional 1,415,621 shares during the last quarter. Finally, Qube Research & Technologies Ltd lifted its stake in shares of TechnipFMC by 61.6% in the second quarter. Qube Research & Technologies Ltd now owns 3,399,955 shares of the oil and gas company’s stock worth $117,094,000 after acquiring an additional 1,296,358 shares in the last quarter. Hedge funds and other institutional investors own 96.58% of the company’s stock.

TechnipFMC Stock Up 1.7%

NYSE:FTI opened at $67.27 on Friday. The company has a current ratio of 1.13, a quick ratio of 0.89 and a debt-to-equity ratio of 0.13. The stock has a 50 day moving average of $54.08 and a 200-day moving average of $45.09. The firm has a market capitalization of $26.91 billion, a PE ratio of 29.12, a price-to-earnings-growth ratio of 1.27 and a beta of 0.69. TechnipFMC plc has a 52 week low of $22.11 and a 52 week high of $67.31.

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

TechnipFMC Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Tuesday, March 17th will be issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend is Tuesday, March 17th. TechnipFMC’s dividend payout ratio (DPR) is 8.66%.

Key TechnipFMC News

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Susquehanna raised their price objective on TechnipFMC from $56.00 to $71.00 and gave the company a “positive” rating in a research note on Friday, February 20th. TD Cowen reissued a “buy” rating on shares of TechnipFMC in a research report on Friday, February 20th. Barclays reaffirmed an “overweight” rating and issued a $69.00 price target on shares of TechnipFMC in a report on Friday, February 20th. Weiss Ratings reissued a “buy (b)” rating on shares of TechnipFMC in a report on Thursday, January 22nd. Finally, Jefferies Financial Group upped their target price on shares of TechnipFMC from $47.00 to $50.00 and gave the company a “buy” rating in a research note on Monday, November 3rd. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, TechnipFMC currently has an average rating of “Moderate Buy” and a consensus price target of $57.93.

Insiders Place Their Bets

In other TechnipFMC news, Director Carvalho Filho Eleazar De sold 6,350 shares of the business’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $65.40, for a total transaction of $415,290.00. Following the completion of the transaction, the director directly owned 97,860 shares of the company’s stock, valued at $6,400,044. The trade was a 6.09% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.80% of the stock is currently owned by corporate insiders.

TechnipFMC Profile

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.