FMC (NYSE:FMC) Raised to “Hold” at Wall Street Zen

FMC (NYSE:FMC) was upgraded by research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Saturday.

A number of other equities analysts also recently commented on FMC. The Goldman Sachs Group upped their target price on FMC from $17.00 to $21.00 and gave the company a “buy” rating in a report on Tuesday, April 14th. Royal Bank Of Canada cut their price target on shares of FMC from $17.00 to $14.00 and set a “sector perform” rating on the stock in a report on Thursday, June 11th. Weiss Ratings reissued a “sell (d-)” rating on shares of FMC in a research report on Friday, May 29th. Wells Fargo & Company upped their price objective on shares of FMC from $14.00 to $17.00 and gave the stock an “equal weight” rating in a report on Tuesday, April 21st. Finally, Citigroup dropped their target price on shares of FMC from $17.00 to $14.00 and set a “neutral” rating for the company in a research report on Monday. Two investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Reduce” and a consensus price target of $19.96.

FMC Stock Up 3.7%

Shares of NYSE:FMC opened at $11.74 on Friday. The stock’s 50-day moving average is $13.24 and its 200 day moving average is $14.36. The company has a market cap of $1.47 billion, a PE ratio of -0.59, a P/E/G ratio of 0.90 and a beta of 0.35. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.29 and a quick ratio of 0.96. FMC has a 1 year low of $10.72 and a 1 year high of $44.68.

FMC (NYSE:FMC) last released its quarterly earnings data on Wednesday, April 29th. The basic materials company reported ($0.23) earnings per share for the quarter, topping the consensus estimate of ($0.39) by $0.16. The business had revenue of $762.40 million during the quarter, compared to analysts’ expectations of $745.42 million. FMC had a positive return on equity of 10.53% and a negative net margin of 72.93%.The business’s revenue was down 4.1% on a year-over-year basis. During the same quarter last year, the business posted $0.18 EPS. FMC has set its FY 2026 guidance at 1.630-1.890 EPS and its Q2 2026 guidance at 0.160-0.260 EPS. Sell-side analysts anticipate that FMC will post 1.69 EPS for the current year.

Institutional Investors Weigh In On FMC

Several hedge funds have recently made changes to their positions in the company. Glenmede Trust Co. NA grew its stake in FMC by 14.9% in the first quarter. Glenmede Trust Co. NA now owns 12,427 shares of the basic materials company’s stock worth $214,000 after purchasing an additional 1,614 shares during the period. Essential Partners LLC bought a new position in FMC in the first quarter worth $43,000. EverSource Wealth Advisors LLC lifted its position in FMC by 3,714.8% during the first quarter. EverSource Wealth Advisors LLC now owns 9,041 shares of the basic materials company’s stock valued at $156,000 after buying an additional 8,804 shares during the period. Entropy Technologies LP purchased a new position in FMC during the first quarter valued at $1,401,000. Finally, Parallel Advisors LLC lifted its position in FMC by 297.2% during the first quarter. Parallel Advisors LLC now owns 6,264 shares of the basic materials company’s stock valued at $108,000 after buying an additional 4,687 shares during the period. 91.86% of the stock is currently owned by institutional investors.

FMC Company Profile

FMC Corporation is a global agricultural sciences company specializing in the development, manufacture and marketing of crop protection products. Its portfolio includes herbicides, insecticides, fungicides and plant nutrition solutions designed to enhance crop yield, quality and sustainability. In addition to core crop protection, FMC delivers solutions for turf management and pest control in urban and industrial environments.

Founded in 1883 as the Bean Spray Pump Company and later known as Food Machinery Corporation, the business adopted the FMC name in 1948 and has since evolved through strategic acquisitions and divestitures.