TechnipFMC (NYSE:FTI) CAO David Light Sells 6,622 Shares of Stock

TechnipFMC plc (NYSE:FTI) CAO David Light sold 6,622 shares of TechnipFMC stock in a transaction on Monday, March 9th. The shares were sold at an average price of $62.43, for a total transaction of $413,411.46. Following the transaction, the chief accounting officer owned 5,005 shares in the company, valued at $312,462.15. The trade was a 56.95% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

TechnipFMC Stock Down 4.0%

TechnipFMC stock traded down $2.55 during trading on Thursday, reaching $61.83. 116,553 shares of the company’s stock were exchanged, compared to its average volume of 3,860,347. TechnipFMC plc has a 52-week low of $22.11 and a 52-week high of $68.29. The firm has a market cap of $24.74 billion, a price-to-earnings ratio of 26.83, a PEG ratio of 1.20 and a beta of 0.70. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.89 and a current ratio of 1.13. The company’s 50-day moving average is $57.72 and its two-hundred day moving average is $47.04.

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

TechnipFMC Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Tuesday, March 17th will be issued 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 is Tuesday, March 17th. TechnipFMC’s dividend payout ratio (DPR) is presently 8.66%.

Key Headlines Impacting TechnipFMC

Here are the key news stories impacting TechnipFMC this week:

• Positive Sentiment: Zacks highlights a chart “hammer” pattern and improving earnings estimate revisions for FTI, suggesting the stock may have found near-term support and could be poised for a reversal. Here’s Why FMC Technologies (FTI) Looks Ripe for Bottom Fishing
• Positive Sentiment: Zacks also profiles FTI as a strong growth candidate based on style scores (earnings growth, momentum measures), which could attract growth-oriented buyers if momentum resumes. Here’s Why FMC Technologies (FTI) is a Strong Growth Stock
• Neutral Sentiment: A broader Zacks momentum screener piece lists high-momentum names; it is a market-context item rather than company-specific news, so its immediate impact on FTI is unclear. 3 High-Momentum Stocks Poised for Big Gains Right Now
• Negative Sentiment: Large, coordinated insider sales by multiple senior executives are the most market-moving item: CEO Douglas Pferdehirt sold 733,424 shares (~$45.65M at ~$62.24), CFO Alf Melin sold ~127,275 shares across filings (~$7.9M), EVP Justin Rounce sold 172,276 shares (~$10.7M), EVP Luana Duffe sold 47,951 shares (~$3.0M), insider Jonathan Landes sold 116,194 shares (~$7.23M), and CAO David Light sold 6,622 shares (~$413k). These transactions materially reduced insider holdings (many >20–50% reductions) and are likely weighing on sentiment. SEC filings: CEO Filing CFO Filings Luana Duffe Filing Jonathan Landes Filing Justin Rounce Filing David Light Filing

Institutional Trading of TechnipFMC

Several institutional investors have recently added to or reduced their stakes in the business. AE Wealth Management LLC lifted its position in shares of TechnipFMC by 38.0% in the 3rd quarter. AE Wealth Management LLC now owns 183,603 shares of the oil and gas company’s stock worth $7,243,000 after buying an additional 50,593 shares during the last quarter. Lingohr Asset Management GmbH grew its position in shares of TechnipFMC by 461.7% during the 3rd quarter. Lingohr Asset Management GmbH now owns 212,295 shares of the oil and gas company’s stock valued at $8,375,000 after buying an additional 174,500 shares during the last quarter. Bank of New York Mellon Corp raised its stake in TechnipFMC by 80.6% during the third quarter. Bank of New York Mellon Corp now owns 3,172,213 shares of the oil and gas company’s stock worth $125,144,000 after acquiring an additional 1,415,621 shares during the period. Rothschild Investment LLC raised its stake in TechnipFMC by 25,468.9% during the third quarter. Rothschild Investment LLC now owns 11,506 shares of the oil and gas company’s stock worth $454,000 after acquiring an additional 11,461 shares during the period. Finally, New York State Common Retirement Fund lifted its holdings in TechnipFMC by 8.4% in the third quarter. New York State Common Retirement Fund now owns 305,535 shares of the oil and gas company’s stock worth $12,053,000 after acquiring an additional 23,600 shares during the last quarter. Institutional investors own 96.58% of the company’s stock.

Analyst Ratings Changes

Several analysts have issued reports on FTI shares. Weiss Ratings reaffirmed a “buy (b)” rating on shares of TechnipFMC in a research report on Thursday, January 22nd. Susquehanna boosted their target price on shares of TechnipFMC from $56.00 to $71.00 and gave the stock a “positive” rating in a research report on Friday, February 20th. BMO Capital Markets upped their target price on shares of TechnipFMC from $52.00 to $67.00 and gave the company a “market perform” rating in a research note on Monday, February 23rd. TD Cowen reaffirmed a “buy” rating on shares of TechnipFMC in a report on Friday, February 20th. Finally, Citigroup lifted their price target on shares of TechnipFMC from $48.00 to $76.00 and gave the stock a “buy” rating in a research note on Thursday, February 26th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, TechnipFMC currently has a consensus rating of “Moderate Buy” and an average price target of $58.47.

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.