FMC Corporation (NYSE:FMC – Get Free Report) shares hit a new 52-week low on Friday . The stock traded as low as $10.68 and last traded at $10.8280, with a volume of 849838 shares traded. The stock had previously closed at $10.89.
Analyst Upgrades and Downgrades
A number of research analysts have recently issued reports on FMC shares. The Goldman Sachs Group lifted their price target on FMC from $17.00 to $21.00 and gave the company a “buy” rating in a report on Tuesday, April 14th. BMO Capital Markets set a $14.00 target price on shares of FMC in a research report on Friday, July 3rd. Vertical Research lowered FMC from a “hold” rating to a “sell” rating and set a $14.00 price objective for the company. in a report on Wednesday, April 22nd. JPMorgan Chase & Co. increased their price target on FMC from $15.00 to $16.00 and gave the company a “neutral” rating in a research note on Friday, May 1st. Finally, Royal Bank Of Canada decreased their price objective on shares of FMC from $17.00 to $14.00 and set a “sector perform” rating for the company in a research report on Thursday, June 11th. Two investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Reduce” and a consensus target price of $19.50.
Get Our Latest Stock Report on FMC
FMC Stock Performance
FMC (NYSE:FMC – Get Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The basic materials company reported ($0.23) EPS for the quarter, topping analysts’ consensus estimates of ($0.39) by $0.16. FMC had a negative net margin of 72.93% and a positive return on equity of 10.53%. The business had revenue of $762.40 million for the quarter, compared to analysts’ expectations of $745.42 million. During the same quarter last year, the company earned $0.18 EPS. The business’s revenue was down 4.1% on a year-over-year basis. FMC has set its FY 2026 guidance at 1.630-1.890 EPS and its Q2 2026 guidance at 0.160-0.260 EPS. Research analysts anticipate that FMC Corporation will post 1.65 EPS for the current year.
FMC Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, July 16th. Stockholders of record on Tuesday, June 30th will be paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend is Tuesday, June 30th. FMC’s dividend payout ratio is presently -1.60%.
Hedge Funds Weigh In On FMC
A number of hedge funds have recently bought and sold shares of the business. Root Financial Partners LLC raised its position in FMC by 3,642.9% during the first quarter. Root Financial Partners LLC now owns 1,834 shares of the basic materials company’s stock worth $32,000 after acquiring an additional 1,785 shares during the period. Essential Partners LLC acquired a new position in shares of FMC during the 1st quarter worth about $43,000. Armistice Capital LLC purchased a new position in FMC in the 3rd quarter valued at about $204,000. Parallel Advisors LLC lifted its stake in FMC by 297.2% in the 1st 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 in the last quarter. Finally, Entropy Technologies LP acquired a new stake in FMC in the 3rd quarter worth about $267,000. Hedge funds and other institutional investors own 91.86% of the company’s stock.
About FMC
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.
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