Teachers Retirement System of The State of Kentucky bought a new stake in shares of TechnipFMC plc (NYSE:FTI – Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 465,800 shares of the oil and gas company’s stock, valued at approximately $18,376,000.
A number of other hedge funds have also added to or reduced their stakes in the stock. Geneos Wealth Management Inc. lifted its holdings in shares of TechnipFMC by 45.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,090 shares of the oil and gas company’s stock worth $35,000 after buying an additional 340 shares during the period. Hantz Financial Services Inc. boosted its position in TechnipFMC by 1.5% during the third quarter. Hantz Financial Services Inc. now owns 24,019 shares of the oil and gas company’s stock valued at $948,000 after purchasing an additional 365 shares in the last quarter. Gries Financial LLC lifted its position in TechnipFMC by 6.2% during the third quarter. Gries Financial LLC now owns 6,745 shares of the oil and gas company’s stock valued at $266,000 after acquiring an additional 391 shares during the last quarter. SG Americas Securities LLC grew its holdings in TechnipFMC by 2.9% in the third quarter. SG Americas Securities LLC now owns 14,508 shares of the oil and gas company’s stock worth $572,000 after purchasing an additional 408 shares during the last quarter. Finally, Quadcap Wealth Management LLC increased its position in shares of TechnipFMC by 3.3% during the second quarter. Quadcap Wealth Management LLC now owns 16,256 shares of the oil and gas company’s stock worth $560,000 after purchasing an additional 521 shares in the last quarter. 96.58% of the stock is currently owned by institutional investors.
TechnipFMC Price Performance
TechnipFMC stock opened at $66.21 on Wednesday. The company’s 50 day simple moving average is $55.38 and its 200-day simple moving average is $45.89. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.89 and a current ratio of 1.13. TechnipFMC plc has a 1 year low of $22.11 and a 1 year high of $68.29. The company has a market capitalization of $26.49 billion, a price-to-earnings ratio of 28.66, a price-to-earnings-growth ratio of 1.29 and a beta of 0.70.
TechnipFMC Dividend Announcement
The business 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 payout ratio is presently 8.66%.
Analysts Set New Price Targets
A number of research analysts have issued reports on the stock. HSBC cut shares of TechnipFMC from a “buy” rating to a “hold” rating and raised their price target for the stock from $49.00 to $62.00 in a report on Friday, February 20th. Susquehanna upped their target price on TechnipFMC from $56.00 to $71.00 and gave the stock a “positive” rating in a research note on Friday, February 20th. UBS Group set a $70.00 price target on TechnipFMC in a report on Friday, February 20th. Barclays reissued an “overweight” rating and issued a $69.00 price objective on shares of TechnipFMC in a report on Friday, February 20th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of TechnipFMC in a research note on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, TechnipFMC presently has an average rating of “Moderate Buy” and an average target price of $57.93.
Key TechnipFMC News
Here are the key news stories impacting TechnipFMC this week:
- Positive Sentiment: Pickering Energy Partners raised multiple quarterly and annual EPS forecasts for FTI, lifting FY2026 to $2.92 (from $2.70) and FY2027 to $3.39 (from $3.15); several individual quarters for 2026–2027 were also increased. This suggests the analyst sees stronger near‑term earnings and backlog conversion than previously modeled, which can support upward re‑rating of the stock. MarketBeat – TechnipFMC coverage
- Positive Sentiment: Technical/momentum signal — a recent report notes FTI hit a 12‑month high on the NYSE Composite, reflecting buying interest and momentum that can attract more flows and short‑covering. TechnipFMC (NYSE:FTI) Hits Annual High on NYSE Composite
- Neutral Sentiment: Consensus trailing estimates remain lower (the current consensus cited in reports is ~$1.63 for the fiscal year), so Pickering’s upgrades create a divergence that may take time to be reflected across other sell‑side models and the broader consensus — upside depends on follow‑through from peers, visible contract wins, and execution on margins.
Insider Activity
In other TechnipFMC news, Director Carvalho Filho Eleazar De sold 6,350 shares of the firm’s stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $65.40, for a total value of $415,290.00. Following the sale, the director directly owned 97,860 shares in the company, valued at $6,400,044. This trade represents a 6.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 1.80% of the company’s stock.
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.
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