FMC Corporation (NYSE:FMC – Get Free Report)’s stock price traded up 7.5% during mid-day trading on Wednesday . The company traded as high as $12.66 and last traded at $12.4680. 530,660 shares traded hands during trading, a decline of 86% from the average session volume of 3,677,494 shares. The stock had previously closed at $11.60.
Analyst Upgrades and Downgrades
A number of analysts have recently issued reports on the company. Citigroup boosted their target price on FMC from $15.00 to $17.00 and gave the stock a “neutral” rating in a report on Friday, May 1st. Vertical Research cut FMC from a “hold” rating to a “sell” rating and set a $14.00 target price for the company. in a report on Wednesday, April 22nd. Wells Fargo & Company boosted their target price on FMC from $14.00 to $17.00 and gave the stock an “equal weight” rating in a report on Tuesday, April 21st. Wall Street Zen cut FMC from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. Finally, Zacks Research upgraded FMC from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 7th. Two research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, FMC has an average rating of “Reduce” and an average price target of $20.21.
Check Out Our Latest Report on FMC
FMC Stock Performance
FMC (NYSE:FMC – Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The basic materials company reported ($0.23) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.39) by $0.16. The firm had revenue of $762.40 million during the quarter, compared to analysts’ expectations of $745.42 million. FMC had a positive return on equity of 10.53% and a negative net margin of 72.93%.FMC’s quarterly revenue was down 4.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $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 analysts anticipate that FMC Corporation will post 1.69 EPS for the current fiscal year.
FMC Dividend Announcement
The business 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. This represents a $0.32 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Tuesday, June 30th. FMC’s dividend payout ratio is currently -1.60%.
Hedge Funds Weigh In On FMC
Institutional investors and hedge funds have recently bought and sold shares of the stock. Rhumbline Advisers boosted its stake in shares of FMC by 0.5% during the 3rd quarter. Rhumbline Advisers now owns 293,690 shares of the basic materials company’s stock valued at $9,877,000 after buying an additional 1,406 shares during the last quarter. Glenmede Trust Co. NA boosted its stake in shares of FMC by 14.9% during the 1st quarter. Glenmede Trust Co. NA now owns 12,427 shares of the basic materials company’s stock valued at $214,000 after buying an additional 1,614 shares during the last quarter. Root Financial Partners LLC boosted its stake in shares of FMC by 3,642.9% during 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. Essential Partners LLC purchased a new position in shares of FMC during the 1st quarter valued at approximately $43,000. Finally, Cary Street Partners Financial LLC boosted its stake in shares of FMC by 26.0% during the 3rd quarter. Cary Street Partners Financial LLC now owns 18,173 shares of the basic materials company’s stock valued at $611,000 after buying an additional 3,749 shares during the last quarter. Hedge funds and other institutional investors own 91.86% of the company’s stock.
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.
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