TechnipFMC (NYSE:FTI) CFO Alf Melin Sells 43,554 Shares

TechnipFMC plc (NYSE:FTI) CFO Alf Melin sold 43,554 shares of TechnipFMC stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $63.13, for a total transaction of $2,749,564.02. Following the transaction, the chief financial officer owned 238,983 shares in the company, valued at $15,086,996.79. This represents a 15.42% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Alf Melin also recently made the following trade(s):

• On Monday, March 9th, Alf Melin sold 83,721 shares of TechnipFMC stock. The shares were sold at an average price of $61.83, for a total transaction of $5,176,469.43.

TechnipFMC Stock Performance

TechnipFMC stock traded down $0.52 during trading on Wednesday, reaching $64.38. The company had a trading volume of 3,127,516 shares, compared to its average volume of 3,925,772. The firm has a market capitalization of $25.75 billion, a price-to-earnings ratio of 27.87, a price-to-earnings-growth ratio of 1.17 and a beta of 0.70. The company has a current ratio of 1.13, a quick ratio of 0.89 and a debt-to-equity ratio of 0.13. The firm’s 50-day simple moving average is $57.32 and its 200 day simple moving average is $46.91. TechnipFMC plc has a 52 week low of $22.11 and a 52 week high of $68.29.

TechnipFMC (NYSE:FTI) last posted its quarterly earnings data on Thursday, February 19th. The oil and gas company reported $0.70 EPS for the quarter, topping the consensus estimate of $0.51 by $0.19. TechnipFMC had a return on equity of 31.14% and a net margin of 9.70%.The firm had revenue of $2.52 billion for the quarter, compared to the consensus estimate of $2.54 billion. During the same quarter last year, the company earned $0.54 earnings per share. The business’s revenue for the quarter was up 6.3% compared to the same quarter last year. Sell-side analysts forecast that TechnipFMC plc will post 1.63 earnings per share for the current fiscal year.

TechnipFMC Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Tuesday, March 17th will be issued a dividend of $0.05 per share. The ex-dividend date of this dividend is Tuesday, March 17th. This represents a $0.20 annualized dividend and a yield of 0.3%. TechnipFMC’s payout ratio is currently 8.66%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Focus Partners Wealth grew its holdings in TechnipFMC by 27.2% during the 1st quarter. Focus Partners Wealth now owns 24,120 shares of the oil and gas company’s stock valued at $764,000 after buying an additional 5,161 shares in the last quarter. Geneos Wealth Management Inc. grew its holdings in shares of TechnipFMC by 45.3% in the first quarter. Geneos Wealth Management Inc. now owns 1,090 shares of the oil and gas company’s stock valued at $35,000 after purchasing an additional 340 shares in the last quarter. Sivia Capital Partners LLC increased its position in TechnipFMC by 76.1% in the second quarter. Sivia Capital Partners LLC now owns 14,764 shares of the oil and gas company’s stock worth $508,000 after purchasing an additional 6,381 shares during the last quarter. Bank of Montreal Can raised its stake in TechnipFMC by 10.4% during the second quarter. Bank of Montreal Can now owns 27,126 shares of the oil and gas company’s stock valued at $934,000 after purchasing an additional 2,557 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its position in TechnipFMC by 20.1% during the second quarter. Bank of New York Mellon Corp now owns 1,756,592 shares of the oil and gas company’s stock valued at $60,497,000 after purchasing an additional 293,668 shares during the last quarter. Hedge funds and other institutional investors own 96.58% of the company’s stock.

Key TechnipFMC News

Here are the key news stories impacting TechnipFMC this week:

• Positive Sentiment: Zacks highlights FTI as a strong growth candidate based on style/growth scores and analyst revisions, which supports a bullish narrative for investors focused on earnings momentum. Here’s Why FMC Technologies (FTI) is a Strong Growth Stock
• Positive Sentiment: Zacks technical note: a hammer candlestick and upward earnings‑estimate revisions suggest the stock may have found near‑term support and could be poised for a reversal if fundamentals continue to improve. Here’s Why FMC Technologies (FTI) Looks Ripe for Bottom Fishing
• Neutral Sentiment: Yahoo Finance runs a valuation/strategic look: after a ~152% one‑year run, the story asks whether upside is already priced in — useful context but not a near‑term catalyst. Is It Too Late To Consider TechnipFMC (FTI) After Its 152% One Year Surge?
• Neutral Sentiment: A broader Zacks momentum screener story that appeared in feeds is informational (momentum theme), but it does not single out FTI as a top pick and is unlikely to move the stock alone. 3 High-Momentum Stocks Poised for Big Gains Right Now
• Negative Sentiment: Material insider selling: multiple senior executives disclosed large open‑market sales (CEO Douglas Pferdehirt ~733k shares; EVP Justin Rounce ~172k; CFO Alf Melin ~127k across filings; EVP Luana Duffe ~48k; other insiders also sold). These are sizable percentage reductions and aggregate multi‑million dollar disposals within a few days — a near‑term negative for investor sentiment and liquidity. Representative filing: CEO sale SEC filing. CEO Form 4 (SEC)

Wall Street Analyst Weigh In

FTI has been the subject of a number of analyst reports. Susquehanna increased their price objective on shares of TechnipFMC from $56.00 to $71.00 and gave the stock a “positive” rating in a research note on Friday, February 20th. HSBC downgraded shares of TechnipFMC from a “buy” rating to a “hold” rating and upped their target price for the stock from $49.00 to $62.00 in a report on Friday, February 20th. Barclays reaffirmed an “overweight” rating and issued a $69.00 price objective on shares of TechnipFMC in a research note on Friday, February 20th. Zacks Research upgraded TechnipFMC from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 23rd. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of TechnipFMC in a report on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, TechnipFMC currently has a consensus rating of “Moderate Buy” and a consensus target price of $58.47.

TechnipFMC Company Profile

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.