Kepler Capital Markets Predicts TechnipFMC FY2027 Earnings

TechnipFMC plc (NYSE:FTI) – Equities researchers at Kepler Capital Markets issued their FY2027 EPS estimates for TechnipFMC in a research report issued to clients and investors on Tuesday, April 8th. Kepler Capital Markets analyst B. Hodee expects that the oil and gas company will earn $2.61 per share for the year. The consensus estimate for TechnipFMC’s current full-year earnings is $1.63 per share. Kepler Capital Markets also issued estimates for TechnipFMC’s FY2028 earnings at $2.69 EPS.

Several other research firms have also commented on FTI. Barclays raised their target price on shares of TechnipFMC from $42.00 to $43.00 and gave the company an “overweight” rating in a report on Monday, March 3rd. Evercore ISI upped their price target on TechnipFMC from $37.00 to $39.00 and gave the company an “outperform” rating in a research report on Wednesday, January 15th. Piper Sandler raised their target price on shares of TechnipFMC from $39.00 to $40.00 and gave the stock an “overweight” rating in a report on Friday, February 28th. The Goldman Sachs Group assumed coverage on TechnipFMC in a research report on Friday, December 13th. They set a “buy” rating and a $38.00 price objective for the company. Finally, StockNews.com downgraded TechnipFMC from a “buy” rating to a “hold” rating in a research note on Thursday, March 27th. Two equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $36.31.

TechnipFMC Stock Performance

FTI stock traded down $2.12 during trading hours on Thursday, reaching $24.06. The stock had a trading volume of 735,473 shares, compared to its average volume of 3,912,201. The stock has a market capitalization of $10.12 billion, a PE ratio of 15.83 and a beta of 1.11. The stock has a 50-day simple moving average of $28.80 and a 200 day simple moving average of $29.01. TechnipFMC has a fifty-two week low of $22.12 and a fifty-two week high of $33.45. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.14 and a quick ratio of 0.89.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Merit Financial Group LLC grew its holdings in shares of TechnipFMC by 229.9% during the 1st quarter. Merit Financial Group LLC now owns 46,720 shares of the oil and gas company’s stock worth $1,481,000 after purchasing an additional 32,559 shares during the period. Baker Tilly Wealth Management LLC increased its holdings in shares of TechnipFMC by 7.7% in the 1st quarter. Baker Tilly Wealth Management LLC now owns 9,238 shares of the oil and gas company’s stock worth $293,000 after acquiring an additional 657 shares during the period. GAMMA Investing LLC increased its holdings in shares of TechnipFMC by 3,925.4% in the 1st quarter. GAMMA Investing LLC now owns 91,457 shares of the oil and gas company’s stock worth $2,886,000 after acquiring an additional 89,185 shares during the period. 111 Capital bought a new position in shares of TechnipFMC during the 4th quarter valued at about $549,000. Finally, Wealth Enhancement Advisory Services LLC boosted its holdings in shares of TechnipFMC by 116.8% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 81,154 shares of the oil and gas company’s stock worth $2,349,000 after buying an additional 43,714 shares during the period. Institutional investors and hedge funds own 96.58% of the company’s stock.

Insider Activity at TechnipFMC

In other news, EVP Justin Rounce sold 42,178 shares of the company’s stock in a transaction dated Wednesday, March 12th. The stock was sold at an average price of $26.55, for a total transaction of $1,119,825.90. Following the completion of the transaction, the executive vice president now directly owns 140,207 shares of the company’s stock, valued at approximately $3,722,495.85. This represents a 23.13 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Carvalho Filho Eleazar De sold 9,381 shares of the firm’s stock in a transaction that occurred on Monday, March 24th. The stock was sold at an average price of $29.76, for a total transaction of $279,178.56. Following the transaction, the director now owns 100,951 shares in the company, valued at approximately $3,004,301.76. This trade represents a 8.50 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 61,706 shares of company stock worth $1,651,665. 1.80% of the stock is currently owned by company insiders.

TechnipFMC Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 2nd. Investors of record on Tuesday, March 18th were issued a $0.05 dividend. The ex-dividend date of this dividend was Tuesday, March 18th. This represents a $0.20 annualized dividend and a dividend yield of 0.83%. TechnipFMC’s dividend payout ratio is presently 10.42%.

TechnipFMC Company Profile

TechnipFMC plc engages in the energy projects, technologies, and systems and services businesses in Europe, Central Asia, North America, Latin America, the Asia Pacific, Africa, the Middle East, and internationally. It operates through two segments: Subsea and Surface Technologies. The Subsea segment engages in the design, engineering, procurement, manufacturing, fabrication, installation, and life of field services for subsea systems, subsea field infrastructure, and subsea pipe systems used in oil and gas production and transportation.