Icon Wealth Advisors LLC increased its stake in shares of FMC Corporation (NYSE:FMC – Free Report) by 217.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 63,647 shares of the basic materials company’s stock after purchasing an additional 43,582 shares during the period. Icon Wealth Advisors LLC owned approximately 0.05% of FMC worth $883,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds have also recently made changes to their positions in FMC. SG Americas Securities LLC raised its holdings in shares of FMC by 104.9% during the fourth quarter. SG Americas Securities LLC now owns 200,326 shares of the basic materials company’s stock valued at $2,779,000 after purchasing an additional 102,545 shares during the last quarter. Inspire Trust Co. N.A. increased its holdings in FMC by 60.7% during the third quarter. Inspire Trust Co. N.A. now owns 140,000 shares of the basic materials company’s stock valued at $4,708,000 after buying an additional 52,900 shares during the last quarter. Dearborn Partners LLC purchased a new stake in FMC during the third quarter valued at approximately $747,000. State of Tennessee Department of Treasury increased its holdings in FMC by 45.1% during the second quarter. State of Tennessee Department of Treasury now owns 57,504 shares of the basic materials company’s stock valued at $2,401,000 after buying an additional 17,878 shares during the last quarter. Finally, Focus Partners Wealth increased its holdings in FMC by 137.7% during the first quarter. Focus Partners Wealth now owns 21,427 shares of the basic materials company’s stock valued at $904,000 after buying an additional 12,414 shares during the last quarter. 91.86% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of brokerages have commented on FMC. Citigroup upped their target price on shares of FMC from $15.00 to $17.00 and gave the company a “neutral” rating in a report on Friday, May 1st. UBS Group increased their price objective on shares of FMC from $14.00 to $17.00 and gave the stock a “neutral” rating in a research note on Thursday, April 9th. Wall Street Zen cut shares of FMC from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Vertical Research cut shares of FMC from a “hold” rating to a “sell” rating and set a $14.00 price objective for the company. in a research note on Wednesday, April 22nd. Finally, Zacks Research raised shares of FMC from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 7th. 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 company’s stock. According to data from MarketBeat.com, FMC presently has a consensus rating of “Reduce” and an average price target of $20.21.
FMC Trading Down 0.1%
FMC stock opened at $11.83 on Monday. The company has a market capitalization of $1.48 billion, a PE ratio of -0.59, a P/E/G ratio of 0.94 and a beta of 0.35. FMC Corporation has a 12 month low of $10.72 and a 12 month high of $44.68. The firm’s 50-day moving average is $14.47 and its 200 day moving average is $14.52. 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 (NYSE:FMC – Get Free Report) last issued its quarterly earnings results 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 firm had revenue of $762.40 million during the quarter, compared to the consensus estimate of $745.42 million. FMC had a positive return on equity of 10.53% and a negative net margin of 72.93%.The company’s revenue for the quarter was down 4.1% on a year-over-year basis. During the same period last year, the company earned $0.18 earnings per share. FMC has set its FY 2026 guidance at 1.630-1.890 EPS and its Q2 2026 guidance at 0.160-0.260 EPS. On average, research analysts anticipate that FMC Corporation will post 1.69 EPS for the current year.
FMC Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 16th. Shareholders of record on Tuesday, June 30th will be issued a $0.08 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $0.32 annualized dividend and a yield of 2.7%. FMC’s payout ratio is -1.60%.
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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