Brokerages Set FMC Corporation (NYSE:FMC) Target Price at $20.46

FMC Corporation (NYSE:FMC) has earned a consensus rating of “Reduce” from the fourteen research firms that are presently covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell recommendation, nine have given a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $20.4583.

Several equities research analysts recently commented on the stock. Wells Fargo & Company boosted their price objective on shares of FMC from $14.00 to $17.00 and gave the company an “equal weight” rating in a research report on Tuesday, April 21st. Zacks Research raised shares of FMC from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 7th. Mizuho cut their price objective on shares of FMC from $21.00 to $20.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 17th. Vertical Research cut shares of FMC from a “hold” rating to a “sell” rating and set a $14.00 price objective on the stock. in a research report on Wednesday, April 22nd. Finally, Citigroup boosted their price objective on shares of FMC from $15.00 to $17.00 and gave the company a “neutral” rating in a research report on Friday, May 1st.

FMC News Roundup

Here are the key news stories impacting FMC this week:

• Positive Sentiment: FMC agreed to divest its India commercial business for $252 million, a move that could improve capital allocation and simplify its operations. FMC Corporation Announces Agreement to Divest India Commercial Business to Crystal Crop Protection Limited
• Neutral Sentiment: Management said FMC will continue receiving cash from the India business until closing, which may limit any immediate earnings impact from the sale.
• Negative Sentiment: Broader commentary on Indian consumer/FMCG markets was mixed to cautious, with one analyst calling the recovery modest and another saying FMCG is not the preferred sector, which may weigh on sentiment toward FMC-related names.

Insider Transactions at FMC

In other FMC news, Director Michael F. Barry purchased 18,072 shares of the stock in a transaction on Wednesday, March 4th. The shares were purchased at an average cost of $13.83 per share, for a total transaction of $249,935.76. Following the purchase, the director owned 19,634 shares of the company’s stock, valued at approximately $271,538.22. This represents a 1,156.98% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.82% of the company’s stock.

Institutional Investors Weigh In On FMC

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Parallel Advisors LLC increased 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 during the last quarter. Root Financial Partners LLC increased its stake in FMC by 3,642.9% in the 1st quarter. Root Financial Partners LLC now owns 1,834 shares of the basic materials company’s stock valued at $32,000 after buying an additional 1,785 shares during the last quarter. SG Americas Securities LLC increased its stake in FMC by 6.7% in the 1st quarter. SG Americas Securities LLC now owns 213,656 shares of the basic materials company’s stock valued at $3,679,000 after buying an additional 13,330 shares during the last quarter. Icon Wealth Advisors LLC increased its stake in FMC by 217.2% in the 4th quarter. Icon Wealth Advisors LLC now owns 63,647 shares of the basic materials company’s stock valued at $883,000 after buying an additional 43,582 shares during the last quarter. Finally, Armistice Capital LLC acquired a new stake in FMC in the 3rd quarter valued at $204,000. 91.86% of the stock is currently owned by institutional investors and hedge funds.

FMC Trading Down 2.1%

Shares of NYSE FMC opened at $13.40 on Friday. The stock has a market cap of $1.68 billion, a price-to-earnings ratio of -0.67, a P/E/G ratio of 1.08 and a beta of 0.39. FMC has a twelve month low of $12.17 and a twelve month high of $44.78. The company’s fifty day moving average is $15.48 and its 200-day moving average is $15.60. The company has a quick ratio of 0.96, a current ratio of 1.29 and a debt-to-equity ratio of 1.50.

FMC (NYSE:FMC) last posted its quarterly earnings data on Wednesday, April 29th. The basic materials company reported ($0.23) EPS for the quarter, beating the consensus estimate of ($0.39) by $0.16. The business had revenue of $762.40 million for the quarter, compared to analysts’ expectations of $745.42 million. FMC had a negative net margin of 72.93% and a positive return on equity of 10.53%. The firm’s revenue was down 4.1% compared to the same quarter last year. During the same period in the previous year, the firm 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. Equities research analysts predict that FMC will post 1.68 EPS for the current year.

FMC Announces Dividend

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 paid a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 2.4%. The ex-dividend date is Tuesday, June 30th. FMC’s payout ratio is presently -1.60%.

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.