FMC (NYSE:FMC) Trading Up 7.5% – Here’s Why

FMC Corporation (NYSE:FMC) shares were up 7.5% during mid-day trading on Wednesday . The company traded as high as $12.66 and last traded at $12.4680. 530,660 shares were traded during mid-day trading, a decline of 86% from the average daily volume of 3,677,494 shares. The stock had previously closed at $11.60.

Analysts Set New Price Targets

A number of research firms have commented on FMC. Zacks Research upgraded shares of FMC from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 7th. Wells Fargo & Company increased their price objective on shares of FMC from $14.00 to $17.00 and gave the company an “equal weight” rating in a report on Tuesday, April 21st. Weiss Ratings reiterated a “sell (d-)” rating on shares of FMC in a research note on Friday, May 29th. The Goldman Sachs Group boosted their target price on FMC from $17.00 to $21.00 and gave the stock a “buy” rating in a report on Tuesday, April 14th. Finally, UBS Group upped their target price on FMC from $14.00 to $17.00 and gave the stock a “neutral” rating in a research report on Thursday, April 9th. Two research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, FMC has a consensus rating of “Reduce” and a consensus target price of $20.21.

FMC Stock Performance

The firm’s fifty day simple moving average is $13.99 and its 200 day simple moving average is $14.46. The company has a market capitalization of $1.44 billion, a price-to-earnings ratio of -0.58, a PEG ratio of 0.95 and a beta of 0.35. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.29 and a quick ratio of 0.96.

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

FMC Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 16th. Stockholders of record on Tuesday, June 30th will be given a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend is Tuesday, June 30th. FMC’s dividend payout ratio (DPR) is -1.60%.

Institutional Trading of FMC

Several institutional investors have recently made changes to their positions in FMC. Root Financial Partners LLC boosted its stake in shares of FMC by 3,642.9% during the 1st quarter. Root Financial Partners LLC now owns 1,834 shares of the basic materials company’s stock valued at $32,000 after buying an additional 1,785 shares during the period. Essential Partners LLC acquired a new stake in shares of FMC during the 1st quarter valued at about $43,000. Parallel Advisors LLC grew 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 buying an additional 4,687 shares in the last quarter. EverSource Wealth Advisors LLC grew 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 buying an additional 8,804 shares in the last quarter. Finally, Armistice Capital LLC acquired a new position in FMC in the third quarter worth approximately $204,000. 91.86% of the stock is currently owned by institutional investors and hedge funds.

About FMC

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.