FMC Corporation (NYSE:FMC) Given Consensus Recommendation of “Reduce” by Brokerages

FMC Corporation (NYSE:FMC) has been given a consensus rating of “Reduce” by the fourteen ratings firms that are currently covering the firm, MarketBeat reports. Three equities research analysts have rated the stock with a sell recommendation, nine have given a hold recommendation and two have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $20.4583.

A number of equities analysts have recently commented on the company. Wells Fargo & Company lifted their price objective on FMC from $14.00 to $17.00 and gave the stock an “equal weight” rating in a research note on Tuesday, April 21st. Royal Bank Of Canada lifted their price objective on FMC from $16.00 to $17.00 and gave the stock a “sector perform” rating in a research note on Friday, May 1st. Morgan Stanley dropped their price objective on FMC from $17.00 to $15.50 and set an “equal weight” rating on the stock in a research note on Friday, February 6th. JPMorgan Chase & Co. lifted their price objective on FMC from $15.00 to $16.00 and gave the stock a “neutral” rating in a research note on Friday, May 1st. Finally, Citigroup lifted their price objective on FMC from $15.00 to $17.00 and gave the stock a “neutral” rating in a research note on Friday, May 1st.

Insider Activity at FMC

In other FMC news, Director Michael F. Barry acquired 18,072 shares of the company’s stock in a transaction dated Wednesday, March 4th. The shares were acquired at an average cost of $13.83 per share, for a total transaction of $249,935.76. Following the completion of the purchase, the director owned 19,634 shares of the company’s stock, valued at approximately $271,538.22. This trade represents a 1,156.98% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 0.82% of the company’s stock.

Institutional Investors Weigh In On FMC

Institutional investors have recently added to or reduced their stakes in the company. Root Financial Partners LLC grew 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 buying an additional 1,785 shares in the last quarter. Essential Partners LLC acquired a new stake in FMC during the first quarter worth about $43,000. Parallel Advisors LLC grew its position in FMC by 297.2% during the first quarter. Parallel Advisors LLC now owns 6,264 shares of the basic materials company’s stock worth $108,000 after buying an additional 4,687 shares in the last quarter. EverSource Wealth Advisors LLC grew its position in FMC by 3,714.8% during the first 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 in the last quarter. Finally, Armistice Capital LLC acquired a new stake in FMC during the third quarter worth about $204,000. 91.86% of the stock is owned by institutional investors and hedge funds.

FMC Price Performance

NYSE FMC opened at $13.53 on Thursday. FMC has a fifty-two week low of $12.17 and a fifty-two week high of $44.78. The stock’s 50-day moving average is $15.20 and its two-hundred day moving average is $14.62. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.29 and a quick ratio of 0.96. The firm has a market cap of $1.69 billion, a P/E ratio of -0.68, a price-to-earnings-growth ratio of 1.03 and a beta of 0.39.

FMC (NYSE:FMC) last posted its earnings results on Wednesday, April 29th. The basic materials company reported ($0.23) earnings per share for the quarter, beating the consensus estimate of ($0.39) by $0.16. FMC had a positive return on equity of 10.53% and a negative net margin of 72.93%.The company had revenue of $762.40 million for the quarter, compared to analyst estimates of $745.42 million. During the same period last year, the company earned $0.18 earnings per share. The business’s revenue was down 4.1% compared to the same quarter last year. FMC has set its FY 2026 guidance at 1.630-1.890 EPS and its Q2 2026 guidance at 0.160-0.260 EPS. On average, analysts anticipate that FMC will post 1.69 earnings per share for the current fiscal year.

FMC Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 16th. Stockholders of record on Tuesday, June 30th will be paid a $0.08 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 2.4%. FMC’s payout ratio is presently -1.60%.

FMC Company Profile

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.