FMC (NYSE:FMC) Price Target Cut to $12.00 by Analysts at Citigroup

FMC (NYSE:FMC) had its target price reduced by Citigroup from $14.00 to $12.00 in a report published on Friday morning,Benzinga reports. Citigroup currently has a neutral rating on the basic materials company’s stock.

Other equities analysts also recently issued research reports about the stock. The Goldman Sachs Group reaffirmed a “buy” rating and set a $18.00 price target on shares of FMC in a research note on Friday. Vertical Research downgraded FMC from a “hold” rating to a “sell” rating and set a $14.00 price objective for the company. in a report on Wednesday, April 22nd. JPMorgan Chase & Co. lowered their target price on FMC from $16.00 to $12.00 and set a “neutral” rating for the company in a research report on Friday. BMO Capital Markets set a $14.00 target price on FMC in a report on Friday, July 3rd. Finally, Zacks Research lowered FMC from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 1st. Two analysts have rated the stock with a Buy rating, eight have given a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat, FMC has a consensus rating of “Reduce” and an average target price of $14.33.

FMC Stock Performance

FMC stock opened at $10.70 on Friday. The business has a 50 day moving average of $11.60 and a 200-day moving average of $13.90. FMC has a 1 year low of $9.94 and a 1 year high of $42.77. The company has a debt-to-equity ratio of 2.38, a current ratio of 1.99 and a quick ratio of 0.96. The company has a market capitalization of $1.34 billion, a P/E ratio of -0.49 and a beta of 0.38.

FMC (NYSE:FMC) last issued its quarterly earnings data on Wednesday, July 29th. The basic materials company reported $0.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.22 by $0.04. FMC had a negative net margin of 84.83% and a positive return on equity of 11.35%. The business had revenue of $841.40 million during the quarter, compared to analyst estimates of $895.14 million. During the same quarter last year, the business earned $0.69 EPS. The firm’s quarterly revenue was down 17.5% on a year-over-year basis. On average, equities research analysts predict that FMC will post 1.47 earnings per share for the current year.

FMC Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend is Wednesday, September 30th. FMC’s dividend payout ratio is currently -1.45%.

Institutional Investors Weigh In On FMC

Several large investors have recently modified their holdings of the company. SG Americas Securities LLC lifted its holdings in FMC by 6.7% in the first 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 period. Entropy Technologies LP acquired a new stake in FMC during the 1st quarter worth about $1,401,000. Icon Wealth Advisors LLC grew its holdings in FMC by 217.2% during the 4th quarter. Icon Wealth Advisors LLC now owns 63,647 shares of the basic materials company’s stock worth $883,000 after acquiring an additional 43,582 shares during the period. Handelsbanken Fonder AB raised its position in shares of FMC by 67.1% in the 2nd quarter. Handelsbanken Fonder AB now owns 58,000 shares of the basic materials company’s stock worth $667,000 after acquiring an additional 23,300 shares in the last quarter. Finally, State of Tennessee Department of Treasury raised its position in shares of FMC by 45.1% in the 2nd quarter. State of Tennessee Department of Treasury now owns 57,504 shares of the basic materials company’s stock worth $2,401,000 after acquiring an additional 17,878 shares in the last quarter. 91.86% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about FMC

Here are the key news stories impacting FMC this week:

• Positive Sentiment: FMC reported second-quarter adjusted EPS of $0.26, above the $0.21 consensus estimate. Adjusted EBITDA of $153 million exceeded the high end of management’s guidance, while operating cash flow rose to $363 million. FMC Q2 Earnings Beat Estimates on Favorable Costs, Revenues Miss
• Positive Sentiment: Management expects actions including the India business sale, a rimisoxafen licensing agreement, a Newark property sale-leaseback and a Tessenderlo Group investment to generate approximately $1 billion for debt repayment. The company also raised its free-cash-flow target to $75 million-$225 million, including a $200 million licensing payment. FMC Corporation Reports Second Quarter 2026 Results
• Neutral Sentiment: JPMorgan lowered its FMC price target from $16 to $12 and changed its rating to Neutral. The revised target still implies potential upside from the recent share price, but signals limited conviction in a near-term recovery. Benzinga Analyst Update
• Negative Sentiment: Second-quarter revenue fell 17% year over year to $867 million, while adjusted EPS declined 62% from $0.69 a year earlier. FMC cited weaker pricing, volumes and a difficult macroeconomic environment; it also posted a $187 million GAAP net loss. FMC Q2 Revenue Falls 17 Percent
• Negative Sentiment: Full-year 2026 guidance was cut to revenue of $3.5 billion-$3.7 billion, adjusted EBITDA of $620 million-$680 million and adjusted EPS of $1.19-$1.49, well below the $1.68 analyst EPS consensus. Third-quarter EPS guidance of $0.05-$0.13 is also substantially below expectations. FMC Forecasts 2026 Adjusted EPS

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.