FMC (NYSE:FMC) Given New $21.00 Price Target at The Goldman Sachs Group

FMC (NYSE:FMC) had its price target upped by The Goldman Sachs Group from $17.00 to $21.00 in a report released on Tuesday morning,Benzinga reports. The firm currently has a buy rating on the basic materials company’s stock.

A number of other equities research analysts have also commented on the company. Wall Street Zen upgraded FMC from a “sell” rating to a “hold” rating in a research report on Sunday, April 5th. UBS Group increased their price target on FMC from $14.00 to $17.00 and gave the stock a “neutral” rating in a research report on Thursday, April 9th. Morgan Stanley decreased their price target on FMC from $17.00 to $15.50 and set an “equal weight” rating on the stock in a research report on Friday, February 6th. Wells Fargo & Company decreased their price target on FMC from $16.00 to $14.00 and set an “equal weight” rating on the stock in a research report on Friday, February 6th. Finally, KeyCorp restated a “sector weight” rating on shares of FMC in a research report on Monday, December 22nd. Two equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $20.05.

FMC Trading Down 3.5%

FMC stock opened at $17.44 on Tuesday. FMC has a 1-year low of $12.17 and a 1-year high of $44.78. The firm has a market cap of $2.18 billion, a P/E ratio of -0.98, a P/E/G ratio of 1.69 and a beta of 0.51. The business’s 50 day moving average is $15.24 and its 200-day moving average is $17.22. The company has a current ratio of 1.32, a quick ratio of 1.00 and a debt-to-equity ratio of 1.32.

FMC (NYSE:FMC) last released its quarterly earnings data on Wednesday, February 4th. The basic materials company reported $1.20 earnings per share for the quarter, missing the consensus estimate of $1.21 by ($0.01). FMC had a negative net margin of 64.57% and a positive return on equity of 10.10%. The company had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1.15 billion. During the same quarter in the prior year, the company posted $1.79 earnings per share. The company’s revenue for the quarter was down 11.5% on a year-over-year basis. FMC has set its Q1 2026 guidance at -0.440–0.320 EPS and its FY 2026 guidance at 1.630-1.890 EPS. Equities analysts anticipate that FMC will post 3.48 earnings per share for the current fiscal year.

FMC Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 16th. Shareholders of record on Tuesday, March 31st will be given a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date is Tuesday, March 31st. FMC’s dividend payout ratio (DPR) is presently -1.79%.

Insider Buying and Selling

In other news, Director Michael F. Barry acquired 18,072 shares of the firm’s stock in a transaction on Wednesday, March 4th. The shares were purchased at an average cost of $13.83 per share, for a total transaction of $249,935.76. Following the transaction, the director owned 19,634 shares of the company’s stock, valued at approximately $271,538.22. This represents a 1,156.98% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 0.82% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Armistice Capital LLC acquired a new position in shares of FMC in the 3rd quarter valued at $204,000. Entropy Technologies LP acquired a new position in shares of FMC in the 3rd quarter valued at $267,000. Farther Finance Advisors LLC lifted its stake in shares of FMC by 4.1% in the 3rd quarter. Farther Finance Advisors LLC now owns 11,291 shares of the basic materials company’s stock valued at $380,000 after purchasing an additional 442 shares during the period. Cary Street Partners Financial LLC lifted its stake in shares of FMC by 26.0% in the 3rd quarter. Cary Street Partners Financial LLC now owns 18,173 shares of the basic materials company’s stock valued at $611,000 after purchasing an additional 3,749 shares during the period. Finally, Arkadios Wealth Advisors lifted its stake in shares of FMC by 5.0% in the 3rd quarter. Arkadios Wealth Advisors now owns 21,279 shares of the basic materials company’s stock valued at $716,000 after purchasing an additional 1,009 shares during the period. Institutional investors and hedge funds own 91.86% of the company’s stock.

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.