Luana Duffe Sells 47,951 Shares of TechnipFMC (NYSE:FTI) Stock

TechnipFMC plc (NYSE:FTI) EVP Luana Duffe sold 47,951 shares of the business’s stock in a transaction on Monday, March 9th. The shares were sold at an average price of $62.43, for a total transaction of $2,993,580.93. Following the sale, the executive vice president directly owned 78,871 shares of the company’s stock, valued at $4,923,916.53. This represents a 37.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

TechnipFMC Trading Down 2.9%

NYSE FTI opened at $62.50 on Friday. The stock has a market cap of $25.00 billion, a PE ratio of 27.05, a PEG ratio of 1.19 and a beta of 0.70. TechnipFMC plc has a 12 month low of $22.11 and a 12 month high of $68.29. The company’s 50-day moving average price is $58.08 and its 200-day moving average price is $47.14. The company has a current ratio of 1.13, a quick ratio of 0.89 and a debt-to-equity ratio of 0.13.

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

TechnipFMC Announces Dividend

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

Institutional Trading of TechnipFMC

A number of hedge funds have recently bought and sold shares of FTI. Blue Trust Inc. boosted its position in TechnipFMC by 5,475.0% during the 3rd quarter. Blue Trust Inc. now owns 669 shares of the oil and gas company’s stock valued at $26,000 after acquiring an additional 657 shares in the last quarter. Harbor Investment Advisory LLC bought a new position in shares of TechnipFMC in the 4th quarter worth $32,000. Newbridge Financial Services Group Inc. bought a new position in shares of TechnipFMC in the 3rd quarter worth $32,000. Geneos Wealth Management Inc. lifted its stake in shares of TechnipFMC by 45.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,090 shares of the oil and gas company’s stock worth $35,000 after purchasing an additional 340 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of TechnipFMC during the 4th quarter worth $41,000. Hedge funds and other institutional investors own 96.58% of the company’s stock.

Analyst Ratings Changes

Several research analysts have commented on FTI shares. BMO Capital Markets raised their price objective on TechnipFMC from $52.00 to $67.00 and gave the stock a “market perform” rating in a report on Monday, February 23rd. UBS Group set a $70.00 target price on TechnipFMC in a report on Friday, February 20th. Weiss Ratings reissued a “buy (b)” rating on shares of TechnipFMC in a research report on Thursday, January 22nd. TD Cowen restated a “buy” rating on shares of TechnipFMC in a research note on Friday, February 20th. Finally, Susquehanna upped 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. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $58.47.

TechnipFMC News Roundup

Here are the key news stories impacting TechnipFMC this week:

• Positive Sentiment: Quarterly results and analyst momentum: TechnipFMC reported an EPS beat ($0.70 vs. $0.51 expected) with revenue up ~6.3% year-over-year and strong profitability metrics (high ROE, ~9.7% net margin). Several banks have lifted price targets recently, supporting a constructive fundamental case. MarketBeat: FTI profile and analyst notes
• Positive Sentiment: Momentum/quant coverage: Zacks highlights FTI as a top-ranked momentum/growth name in its style-score screens — this can attract growth-oriented flows if momentum resumes. Zacks: FTI momentum profile
• Neutral Sentiment: Upcoming investor event: CEO Doug Pferdehirt will speak at the Piper Sandler Energy Conference on March 17 (webcast available). New commentary could provide incremental guidance or strategic color but no presentation materials are scheduled. BusinessWire: Piper Sandler conference notice
• Neutral Sentiment: Small quarterly dividend announced (record Mar 17, payable Apr 1; annualized ~$0.20, ~0.3% yield). Yield is immaterial to income investors but maintains a shareholder return element. MarketBeat: dividend and stock summary
• Negative Sentiment: Large, coordinated insider selling is the dominant near-term headwind: multiple senior executives — including the CEO (733,424 shares), CFO (total ~127k shares across filings), EVPs and other insiders — sold sizeable positions in early March, materially reducing ownership stakes. Those sales (SEC filings) are likely depressing sentiment and may be driving higher trading volume and price weakness today. CEO SEC filing CFO SEC filing

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.