Bradley Foster & Sargent Inc. CT Purchases Shares of 48,132 TechnipFMC plc $FTI

Bradley Foster & Sargent Inc. CT acquired a new stake in TechnipFMC plc (NYSE:FTI) in the 3rd quarter, Holdings Channel reports. The firm acquired 48,132 shares of the oil and gas company’s stock, valued at approximately $1,899,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. Blue Trust Inc. lifted its stake in TechnipFMC by 5,475.0% in the third quarter. Blue Trust Inc. now owns 669 shares of the oil and gas company’s stock worth $26,000 after acquiring an additional 657 shares during the last quarter. Geneos Wealth Management Inc. raised its holdings 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 valued at $35,000 after purchasing an additional 340 shares in the last quarter. McIlrath & Eck LLC lifted its position in shares of TechnipFMC by 476.3% during the 3rd quarter. McIlrath & Eck LLC now owns 1,239 shares of the oil and gas company’s stock worth $49,000 after purchasing an additional 1,024 shares during the last quarter. Root Financial Partners LLC acquired a new position in shares of TechnipFMC during the third quarter worth $51,000. Finally, Ossiam increased its holdings in TechnipFMC by 52.0% in the second quarter. Ossiam now owns 1,597 shares of the oil and gas company’s stock valued at $55,000 after buying an additional 546 shares during the last quarter. Institutional investors and hedge funds own 96.58% of the company’s stock.

Insider Buying and Selling

In other news, Director Carvalho Filho Eleazar De sold 6,350 shares of the firm’s stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $65.40, for a total value of $415,290.00. Following the completion of the sale, the director owned 97,860 shares in the company, valued at approximately $6,400,044. This trade represents a 6.09% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.80% of the company’s stock.

TechnipFMC News Summary

Here are the key news stories impacting TechnipFMC this week:

• Positive Sentiment: Citigroup sharply raised its price target on FTI to $76 and assigned a “buy” rating — a sizable upgrade that signals stronger analyst confidence and provides an explicit upside anchor for investors. Citigroup price target raise
• Positive Sentiment: Broader analyst and institutional support: data shows a cluster of upgrades and a consensus “moderate buy” from analysts, while large asset managers (AQR, State Street, Invesco) have materially increased stakes — both trends support continued buying pressure. Analyst consensus / institutional holdings
• Neutral Sentiment: Positive media analysis pieces (Zacks) highlight FTI’s growth profile and relative outperformance versus some peers, which can attract growth-oriented and GARP investors but are commentary rather than new fundamental data. Zacks growth analysis
• Neutral Sentiment: Other outlets have updated price targets (e.g., a smaller raise reflected in an MSN-linked note). These incremental target changes provide context but are less consequential than the Citi upgrade. MSN price-target note
• Negative Sentiment: An insider (director Carvalho Filho Eleazar De) sold 6,350 shares for about $415k — a modest-sized sale that may prompt short-term investor caution or headlines about insider selling, though the director still holds a large position. Insider sale filing

Analyst Upgrades and Downgrades

Several research firms recently weighed in on FTI. TD Cowen restated a “buy” rating on shares of TechnipFMC in a research note on Friday, February 20th. Piper Sandler boosted their price objective on shares of TechnipFMC from $49.00 to $52.00 and gave the stock an “overweight” rating in a research report on Thursday, December 18th. Zacks Research raised shares of TechnipFMC from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 23rd. Jefferies Financial Group boosted their price target on shares of TechnipFMC from $47.00 to $50.00 and gave the company a “buy” rating in a research report on Monday, November 3rd. Finally, Susquehanna raised their price objective on TechnipFMC from $56.00 to $71.00 and gave the stock a “positive” rating in a report on Friday, February 20th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $57.93.

TechnipFMC Price Performance

Shares of NYSE:FTI opened at $67.27 on Friday. TechnipFMC plc has a one year low of $22.11 and a one year high of $67.31. The stock has a market capitalization of $26.91 billion, a price-to-earnings ratio of 29.12, a PEG ratio of 1.27 and a beta of 0.69. The company has a 50-day simple moving average of $54.08 and a 200-day simple moving average of $45.09. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.89 and a current ratio of 1.13.

TechnipFMC (NYSE:FTI) last issued its quarterly earnings results on Thursday, February 19th. The oil and gas company reported $0.70 earnings per share (EPS) for the quarter, beating 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 analysts’ expectations of $2.54 billion. During the same quarter in the previous year, the firm posted $0.54 EPS. The firm’s revenue for the quarter was up 6.3% on a year-over-year basis. On average, analysts predict 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 paid a $0.05 dividend. 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 currently 8.66%.

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.