Horizon Investments LLC Purchases New Position in TechnipFMC plc $FTI

Horizon Investments LLC purchased a new stake in shares of TechnipFMC plc (NYSE:FTI) in the 4th quarter, Holdings Channel reports. The fund purchased 241,864 shares of the oil and gas company’s stock, valued at approximately $10,777,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Your Advocates Ltd. LLP increased its position in shares of TechnipFMC by 8,095.2% during the fourth quarter. Your Advocates Ltd. LLP now owns 1,721 shares of the oil and gas company’s stock valued at $77,000 after acquiring an additional 1,700 shares in the last quarter. Fifth Third Bancorp increased its position in shares of TechnipFMC by 60.7% during the fourth quarter. Fifth Third Bancorp now owns 13,883 shares of the oil and gas company’s stock valued at $619,000 after acquiring an additional 5,244 shares in the last quarter. GenTrust LLC increased its position in shares of TechnipFMC by 65.9% during the fourth quarter. GenTrust LLC now owns 11,637 shares of the oil and gas company’s stock valued at $519,000 after acquiring an additional 4,624 shares in the last quarter. Oppenheimer Asset Management Inc. grew its position in TechnipFMC by 0.6% in the 4th quarter. Oppenheimer Asset Management Inc. now owns 225,464 shares of the oil and gas company’s stock worth $10,047,000 after purchasing an additional 1,359 shares during the period. Finally, Citizens Financial Group Inc. RI grew its position in TechnipFMC by 56.3% in the 4th quarter. Citizens Financial Group Inc. RI now owns 8,728 shares of the oil and gas company’s stock worth $389,000 after purchasing an additional 3,145 shares during the period. Institutional investors own 96.58% of the company’s stock.

TechnipFMC Trading Up 0.3%

Shares of FTI stock opened at $75.77 on Friday. TechnipFMC plc has a 1 year low of $28.87 and a 1 year high of $77.78. The firm has a fifty day moving average price of $69.08 and a 200-day moving average price of $55.11. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.13 and a quick ratio of 0.89. The company has a market cap of $30.43 billion, a price-to-earnings ratio of 28.92, a PEG ratio of 1.54 and a beta of 0.74.

TechnipFMC (NYSE:FTI) last issued its quarterly earnings data on Thursday, April 30th. The oil and gas company reported $0.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.57 by $0.07. TechnipFMC had a net margin of 10.62% and a return on equity of 34.08%. The firm had revenue of $2.49 billion during the quarter, compared to the consensus estimate of $2.52 billion. During the same quarter in the previous year, the firm posted $0.33 EPS. The company’s revenue for the quarter was up 11.6% compared to the same quarter last year. As a group, equities analysts predict that TechnipFMC plc will post 2.94 earnings per share for the current year.

TechnipFMC Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 3rd. Investors of record on Tuesday, May 19th will be paid a dividend of $0.05 per share. The ex-dividend date is Tuesday, May 19th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.3%. TechnipFMC’s payout ratio is 7.63%.

Insider Activity at TechnipFMC

In related news, EVP Luana Duffe sold 47,951 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 $2,993,580.93. Following the transaction, the executive vice president owned 78,871 shares in the company, valued at approximately $4,923,916.53. The trade was a 37.81% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Justin Rounce sold 172,276 shares of TechnipFMC stock in a transaction on Monday, March 9th. The shares were sold at an average price of $62.10, for a total transaction of $10,698,339.60. Following the transaction, the executive vice president owned 119,667 shares in the company, valued at approximately $7,431,320.70. This trade represents a 59.01% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 1,216,442 shares of company stock worth $75,762,414 in the last 90 days. Company insiders own 1.40% of the company’s stock.

Key TechnipFMC News

Here are the key news stories impacting TechnipFMC this week:

• Positive Sentiment: Major brokerages raised targets and ratings — Susquehanna bumped its target to $90 (positive rating) and RBC raised its target to $80 with an “outperform” call; those upgrades support further upside and helped lift sentiment. Benzinga The Fly
• Positive Sentiment: Q1 EPS topped estimates — TechnipFMC reported $0.64 EPS vs. $0.57 consensus, showing margin improvement and stronger profitability versus last year; that beat is a clear near-term positive for the stock. Zacks EPS Beat
• Positive Sentiment: Momentum and growth narrative — Coverage noting a 52‑week high and a bullish growth case (better-than-average financial growth) supports momentum trading and longer-term conviction. Zacks 52‑week high Zacks growth note
• Neutral Sentiment: FY revenue guidance is a mixed/tepid signal — management reiterated a FY revenue range (~$10.4B–$10.9B) roughly centered on consensus, which tempers both upside surprise and downside risk; investors will watch execution against that band. Slide deck
• Neutral Sentiment: Analyst and press coverage increases visibility — multiple writeups and the earnings presentation raise investor attention (can amplify moves in either direction). Seeking Alpha
• Negative Sentiment: Revenue narrowly missed expectations — Q1 sales were $2.49B vs. $2.52B consensus, which offsets some of the positive EPS reaction and keeps focus on backlog and order flow. Yahoo Finance
• Negative Sentiment: Short-term volatility possible after the print — despite outperforming peers in some coverage, mixed top-line and guidance breadth mean profit-taking or rotation could occur even as brokers raise targets. MarketWatch

Analyst Upgrades and Downgrades

A number of research firms have commented on FTI. BMO Capital Markets lifted their target price on shares of TechnipFMC from $52.00 to $67.00 and gave the stock a “market perform” rating in a research report on Monday, February 23rd. Citigroup lifted their target price on shares of TechnipFMC from $48.00 to $76.00 and gave the stock a “buy” rating in a research report on Thursday, February 26th. UBS Group set a $70.00 target price on shares of TechnipFMC in a research report on Friday, February 20th. TD Cowen reaffirmed a “buy” rating on shares of TechnipFMC in a research report on Friday, February 20th. Finally, Weiss Ratings downgraded shares of TechnipFMC from a “buy (b+)” rating to a “buy (b)” rating in a research report on Tuesday, April 21st. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $65.40.

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.