FMC (NYSE:FMC) Price Target Lowered to $11.00 at Barclays

FMC (NYSE:FMC) had its price objective reduced by Barclays from $13.00 to $11.00 in a report released on Monday morning, Marketbeat reports. They currently have an underweight rating on the basic materials company’s stock.

Several other equities analysts have also recently issued reports on FMC. UBS Group boosted their price objective on FMC from $14.00 to $17.00 and gave the company a “neutral” rating in a report on Thursday, April 9th. Royal Bank Of Canada dropped their target price on FMC from $14.00 to $12.00 and set a “sector perform” rating on the stock in a report on Tuesday, July 21st. BMO Capital Markets set a $14.00 price target on FMC in a report on Friday, July 3rd. Wall Street Zen lowered FMC from a “hold” rating to a “sell” rating in a research report on Sunday, July 5th. Finally, Wells Fargo & Company raised their price objective on shares of FMC from $14.00 to $17.00 and gave the stock an “equal weight” rating in a research note on Tuesday, April 21st. Two investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Reduce” and an average target price of $15.38.

FMC Stock Down 1.5%

NYSE:FMC opened at $11.13 on Monday. The firm has a market capitalization of $1.39 billion, a P/E ratio of -0.56 and a beta of 0.38. FMC has a 1-year low of $10.56 and a 1-year high of $43.07. The company’s fifty day moving average price is $11.76 and its 200-day moving average price is $14.01. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.29 and a quick ratio of 0.96.

FMC (NYSE:FMC) last posted its earnings results on Wednesday, April 29th. The basic materials company reported ($0.23) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.39) by $0.16. FMC had a negative net margin of 72.93% and a positive return on equity of 10.53%. The company had revenue of $762.40 million during the quarter, compared to the consensus estimate of $745.42 million. During the same period in the previous year, the firm posted $0.18 earnings per share. The firm’s quarterly revenue was down 4.1% on a year-over-year basis. FMC has set its FY 2026 guidance at 1.630-1.890 EPS and its Q2 2026 guidance at 0.160-0.260 EPS. As a group, equities research analysts anticipate that FMC will post 1.63 EPS for the current year.

FMC Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be given a dividend of $0.08 per share. The ex-dividend date is Wednesday, September 30th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 2.9%. FMC’s dividend payout ratio (DPR) is -1.60%.

Hedge Funds Weigh In On FMC

A number of large investors have recently bought and sold shares of FMC. Root Financial Partners LLC boosted its position in FMC by 3,642.9% during the first quarter. Root Financial Partners LLC now owns 1,834 shares of the basic materials company’s stock worth $32,000 after purchasing an additional 1,785 shares in the last quarter. Essential Partners LLC purchased a new stake in shares of FMC in the first quarter valued at approximately $43,000. Parallel Advisors LLC increased its position in shares of FMC by 297.2% in the first quarter. Parallel Advisors LLC now owns 6,264 shares of the basic materials company’s stock valued at $108,000 after buying an additional 4,687 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in shares of FMC by 3,714.8% during the 1st quarter. EverSource Wealth Advisors LLC now owns 9,041 shares of the basic materials company’s stock worth $156,000 after buying an additional 8,804 shares during the period. Finally, Armistice Capital LLC acquired a new position in shares of FMC during the 3rd quarter worth approximately $204,000. 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.