FMC Corporation (NYSE:FMC – Get Free Report) hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $10.78 and last traded at $10.8180, with a volume of 3295763 shares changing hands. The stock had previously closed at $11.50.
Wall Street Analyst Weigh In
Several research analysts have commented on the company. Zacks Research raised FMC from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 7th. Vertical Research lowered FMC from a “hold” rating to a “sell” rating and set a $14.00 target price for the company. in a research note on Wednesday, April 22nd. Mizuho dropped their target price on FMC from $21.00 to $20.00 and set an “outperform” rating on the stock in a report on Tuesday, February 17th. Weiss Ratings reissued a “sell (d-)” rating on shares of FMC in a research report on Friday, May 29th. Finally, JPMorgan Chase & Co. upped their price target on FMC from $15.00 to $16.00 and gave the stock a “neutral” rating in a report on Friday, May 1st. Two research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Reduce” and a consensus price target of $20.46.
Check Out Our Latest Report on FMC
FMC Trading Down 5.9%
FMC (NYSE:FMC – Get Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The basic materials company reported ($0.23) EPS for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $762.40 million during the quarter, compared to the consensus estimate of $745.42 million. During the same quarter in the prior year, the business posted $0.18 earnings per share. FMC’s revenue for the quarter 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. On average, analysts predict that FMC Corporation will post 1.69 earnings per share for the current year.
FMC Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Thursday, July 16th. Stockholders of record on Tuesday, June 30th will be given a dividend of $0.08 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $0.32 annualized dividend and a dividend yield of 3.0%. FMC’s dividend payout ratio (DPR) is presently -1.60%.
Hedge Funds Weigh In On FMC
Several institutional investors have recently modified their holdings of FMC. Rhumbline Advisers raised its holdings in FMC by 0.5% during the third quarter. Rhumbline Advisers now owns 293,690 shares of the basic materials company’s stock worth $9,877,000 after purchasing an additional 1,406 shares in the last quarter. SG Americas Securities LLC boosted its stake in FMC by 6.7% during the 1st quarter. SG Americas Securities LLC now owns 213,656 shares of the basic materials company’s stock valued at $3,679,000 after purchasing an additional 13,330 shares in the last quarter. Inspire Trust Co. N.A. increased its position in shares of FMC by 60.7% during the 3rd quarter. Inspire Trust Co. N.A. now owns 140,000 shares of the basic materials company’s stock valued at $4,708,000 after purchasing an additional 52,900 shares during the period. Entropy Technologies LP bought a new stake in shares of FMC in the 1st quarter worth $1,401,000. Finally, Icon Wealth Advisors LLC raised its stake in shares of FMC by 217.2% in the 4th quarter. Icon Wealth Advisors LLC now owns 63,647 shares of the basic materials company’s stock worth $883,000 after buying an additional 43,582 shares in the last quarter. Institutional investors own 91.86% of the company’s stock.
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.
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