FMC (NYSE:FMC) Trading Down 7.3% – What’s Next?

FMC Corporation (NYSE:FMCGet Free Report) shares were down 7.3% during trading on Thursday . The company traded as low as $11.26 and last traded at $11.11. Approximately 1,304,563 shares traded hands during mid-day trading, a decline of 65% from the average daily volume of 3,689,943 shares. The stock had previously closed at $11.98.

Analysts Set New Price Targets

A number of research analysts have commented on FMC shares. UBS Group increased their price objective on FMC from $14.00 to $17.00 and gave the company a “neutral” rating in a research report on Thursday, April 9th. The Goldman Sachs Group increased their price objective on FMC from $17.00 to $21.00 and gave the company a “buy” rating in a research report on Tuesday, April 14th. Royal Bank Of Canada decreased their price objective on FMC from $17.00 to $14.00 and set a “sector perform” rating on the stock in a research report on Thursday, June 11th. Weiss Ratings reiterated a “sell (d-)” rating on shares of FMC in a research report on Friday, May 29th. Finally, Citigroup increased their price objective on FMC from $15.00 to $17.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. Two investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, FMC has an average rating of “Reduce” and a consensus price target of $20.21.

Get Our Latest Stock Analysis on FMC

FMC Price Performance

The stock has a market capitalization of $1.44 billion, a P/E ratio of -0.57, a price-to-earnings-growth ratio of 0.92 and a beta of 0.35. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.96 and a current ratio of 1.29. The stock has a 50-day simple moving average of $14.12 and a 200 day simple moving average of $14.48.

FMC (NYSE:FMCGet Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The basic materials company reported ($0.23) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.39) by $0.16. The company had revenue of $762.40 million for the quarter, compared to the consensus estimate of $745.42 million. FMC had a positive return on equity of 10.53% and a negative net margin of 72.93%.The firm’s quarterly revenue was down 4.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.18 EPS. 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, equities analysts forecast that FMC Corporation will post 1.69 earnings per share for the current fiscal year.

FMC Announces Dividend

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 paid a $0.08 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 2.8%. FMC’s dividend payout ratio is -1.60%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Glenmede Trust Co. NA lifted its stake in shares of FMC by 14.9% in the 1st quarter. Glenmede Trust Co. NA now owns 12,427 shares of the basic materials company’s stock valued at $214,000 after purchasing an additional 1,614 shares during the period. Essential Partners LLC acquired a new position in shares of FMC in the 1st quarter valued at $43,000. EverSource Wealth Advisors LLC lifted its stake in shares of FMC by 3,714.8% in the 1st quarter. EverSource Wealth Advisors LLC now owns 9,041 shares of the basic materials company’s stock valued at $156,000 after purchasing an additional 8,804 shares during the period. Entropy Technologies LP acquired a new position in shares of FMC in the 1st quarter valued at $1,401,000. Finally, Parallel Advisors LLC lifted its stake in shares of FMC by 297.2% in the 1st quarter. Parallel Advisors LLC now owns 6,264 shares of the basic materials company’s stock valued at $108,000 after purchasing an additional 4,687 shares during the period. Institutional investors and hedge funds own 91.86% of the company’s stock.

FMC Company Profile

(Get Free Report)

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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