The Manufacturers Life Insurance Company Reduces Stock Holdings in TechnipFMC plc $FTI

The Manufacturers Life Insurance Company lowered its stake in TechnipFMC plc (NYSE:FTI) by 11.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 223,353 shares of the oil and gas company’s stock after selling 27,983 shares during the period. The Manufacturers Life Insurance Company’s holdings in TechnipFMC were worth $15,440,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. ANB Bank boosted its position in TechnipFMC by 3.4% during the 1st quarter. ANB Bank now owns 4,903 shares of the oil and gas company’s stock valued at $339,000 after acquiring an additional 161 shares in the last quarter. PFG Investments LLC increased its stake in shares of TechnipFMC by 2.4% in the 1st quarter. PFG Investments LLC now owns 7,160 shares of the oil and gas company’s stock worth $495,000 after acquiring an additional 165 shares in the last quarter. Independent Advisor Alliance increased its stake in shares of TechnipFMC by 0.3% in the 4th 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 in the last quarter. Personal CFO Solutions LLC lifted its position in TechnipFMC by 3.0% during the 4th quarter. Personal CFO Solutions LLC now owns 7,759 shares of the oil and gas company’s stock valued at $346,000 after acquiring an additional 225 shares during the period. Finally, Evolve Private Wealth LLC boosted its stake in TechnipFMC by 0.7% during the first quarter. Evolve Private Wealth LLC now owns 34,879 shares of the oil and gas company’s stock worth $2,411,000 after acquiring an additional 227 shares in the last quarter. Hedge funds and other institutional investors own 96.58% of the company’s stock.

Wall Street Analysts Forecast Growth

FTI has been the subject of several recent research reports. UBS Group set a $80.00 target price on shares of TechnipFMC in a report on Wednesday, June 3rd. Zacks Research lowered TechnipFMC from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 4th. Royal Bank Of Canada lifted their price objective on TechnipFMC from $78.00 to $80.00 and gave the company an “outperform” rating in a research note on Friday, May 1st. Wall Street Zen cut shares of TechnipFMC from a “buy” rating to a “hold” rating in a research note on Saturday. Finally, Weiss Ratings cut TechnipFMC from a “buy (a-)” rating to a “buy (b)” rating in a research report on Friday. Thirteen equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, TechnipFMC has a consensus rating of “Moderate Buy” and an average target price of $69.64.

TechnipFMC Stock Down 0.0%

NYSE FTI opened at $71.66 on Monday. The stock has a 50 day moving average price of $69.48 and a 200-day moving average price of $67.11. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.85 and a current ratio of 1.08. The company has a market capitalization of $28.57 billion, a P/E ratio of 24.88, a P/E/G ratio of 1.50 and a beta of 0.70. TechnipFMC plc has a one year low of $34.27 and a one year high of $77.92.

TechnipFMC (NYSE:FTI) last posted its quarterly earnings data on Thursday, July 30th. The oil and gas company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.80 by $0.11. TechnipFMC had a net margin of 11.28% and a return on equity of 36.54%. The company had revenue of $2.76 billion during the quarter, compared to analyst estimates of $2.67 billion. During the same period in the previous year, the firm earned $0.68 earnings per share. TechnipFMC’s quarterly revenue was up 9.0% compared to the same quarter last year. As a group, equities analysts predict that TechnipFMC plc will post 3.02 EPS for the current fiscal year.

TechnipFMC Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 2nd. Stockholders of record on Tuesday, August 18th will be issued a $0.05 dividend. The ex-dividend date is Tuesday, August 18th. This represents a $0.20 annualized dividend and a dividend yield of 0.3%. TechnipFMC’s payout ratio is currently 6.94%.

TechnipFMC News Summary

Here are the key news stories impacting TechnipFMC this week:

• Positive Sentiment: Q2 results exceeded expectations: Adjusted earnings were $0.91 per share versus the $0.80 analyst consensus, while revenue reached $2.76 billion, above the $2.68 billion estimate. EPS also increased from $0.68 a year earlier. TechnipFMC Announces Second-Quarter 2026 Results
• Positive Sentiment: Revenue and net income accelerated: Revenue rose 9% year over year to $2.76 billion and increased 10.8% sequentially. Net income climbed to $362.7 million from $260.5 million in the prior quarter, supporting the bullish investor reaction. TechnipFMC plc 2026 Q2 Results Earnings Call Presentation
• Positive Sentiment: Profitability remained robust: TechnipFMC reported a 10.62% net margin and 34.06% return on equity, reinforcing the view that the company is converting revenue growth into meaningful earnings. FMC Technologies Surpasses Q2 Earnings and Revenue Estimates
• Neutral Sentiment: Full-year outlook is broadly in line with expectations: TechnipFMC issued 2026 revenue guidance of $10.4 billion to $10.9 billion, compared with consensus of $10.6 billion. The available update did not provide a specific EPS guidance figure, limiting the upside from the outlook itself. TechnipFMC Q2 2026 Earnings Call Transcript

TechnipFMC 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.