TechnipFMC (NYSE:FTI) CFO Alf Melin Sells 83,721 Shares

TechnipFMC plc (NYSE:FTI) CFO Alf Melin sold 83,721 shares of the firm’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $61.83, for a total transaction of $5,176,469.43. Following the completion of the sale, the chief financial officer directly owned 282,537 shares in the company, valued at approximately $17,469,262.71. This trade represents a 22.86% 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 Tuesday, March 10th, Alf Melin sold 43,554 shares of TechnipFMC stock. The shares were sold at an average price of $63.13, for a total transaction of $2,749,564.02.

TechnipFMC Stock Performance

TechnipFMC stock opened at $64.38 on Thursday. 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 has a market cap of $25.75 billion, a P/E ratio of 27.87, a P/E/G ratio of 1.20 and a beta of 0.70. TechnipFMC plc has a 1-year low of $22.11 and a 1-year high of $68.29. The firm has a 50-day moving average of $57.72 and a 200-day moving average of $47.04.

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

TechnipFMC Announces Dividend

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

TechnipFMC News Summary

Here are the key news stories impacting TechnipFMC this week:

• Positive Sentiment: Zacks highlights a chart “hammer” pattern and improving earnings estimate revisions for FTI, suggesting the stock may have found near-term support and could be poised for a reversal. Here’s Why FMC Technologies (FTI) Looks Ripe for Bottom Fishing
• Positive Sentiment: Zacks also profiles FTI as a strong growth candidate based on style scores (earnings growth, momentum measures), which could attract growth-oriented buyers if momentum resumes. Here’s Why FMC Technologies (FTI) is a Strong Growth Stock
• Neutral Sentiment: A broader Zacks momentum screener piece lists high-momentum names; it is a market-context item rather than company-specific news, so its immediate impact on FTI is unclear. 3 High-Momentum Stocks Poised for Big Gains Right Now
• Negative Sentiment: Large, coordinated insider sales by multiple senior executives are the most market-moving item: CEO Douglas Pferdehirt sold 733,424 shares (~$45.65M at ~$62.24), CFO Alf Melin sold ~127,275 shares across filings (~$7.9M), EVP Justin Rounce sold 172,276 shares (~$10.7M), EVP Luana Duffe sold 47,951 shares (~$3.0M), insider Jonathan Landes sold 116,194 shares (~$7.23M), and CAO David Light sold 6,622 shares (~$413k). These transactions materially reduced insider holdings (many >20–50% reductions) and are likely weighing on sentiment. SEC filings: CEO Filing CFO Filings Luana Duffe Filing Jonathan Landes Filing Justin Rounce Filing David Light Filing

Institutional Investors Weigh In On TechnipFMC

Institutional investors have recently modified their holdings of the business. Independent Advisor Alliance grew its stake in shares of TechnipFMC by 0.3% in the fourth quarter. Independent Advisor Alliance now owns 61,262 shares of the oil and gas company’s stock worth $2,730,000 after acquiring an additional 184 shares during the period. Personal CFO Solutions LLC boosted its holdings in TechnipFMC by 3.0% in the fourth quarter. Personal CFO Solutions LLC now owns 7,759 shares of the oil and gas company’s stock worth $346,000 after purchasing an additional 225 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in TechnipFMC by 5.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 5,266 shares of the oil and gas company’s stock worth $235,000 after purchasing an additional 262 shares during the period. Kestra Advisory Services LLC lifted its holdings in shares of TechnipFMC by 2.8% during the 4th quarter. Kestra Advisory Services LLC now owns 11,353 shares of the oil and gas company’s stock valued at $506,000 after buying an additional 305 shares during the period. Finally, Geneos Wealth Management Inc. boosted its stake in shares of TechnipFMC by 45.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,090 shares of the oil and gas company’s stock worth $35,000 after buying an additional 340 shares during the last quarter. 96.58% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on FTI. Barclays reissued an “overweight” rating and set a $69.00 price target on shares of TechnipFMC in a research report on Friday, February 20th. HSBC downgraded TechnipFMC from a “buy” rating to a “hold” rating and upped their price target for the stock from $49.00 to $62.00 in a research note on Friday, February 20th. TD Cowen reissued a “buy” rating on shares of TechnipFMC in a report on Friday, February 20th. Piper Sandler lifted their price target on TechnipFMC from $49.00 to $52.00 and gave the stock an “overweight” rating in a research report on Thursday, December 18th. Finally, The Goldman Sachs Group increased their price objective on shares of TechnipFMC from $55.00 to $66.00 and gave the company a “buy” rating in a research report on Wednesday, March 4th. One equities research 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. Based on data from MarketBeat.com, TechnipFMC currently has an average rating of “Moderate Buy” and an average price target of $58.47.

About TechnipFMC

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.