Shares of FMC Corp (NYSE:FMC) have received a consensus rating of “Buy” from the thirteen research firms that are presently covering the company, Marketbeat.com reports. Three analysts have rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $93.33.

Several equities research analysts have weighed in on FMC shares. ValuEngine upgraded shares of FMC from a “hold” rating to a “buy” rating in a report on Friday, March 1st. Stephens set a $95.00 price objective on shares of FMC and gave the stock a “buy” rating in a research report on Thursday, February 28th. Loop Capital lowered their price objective on shares of FMC from $118.00 to $101.00 and set a “buy” rating for the company in a research report on Sunday, March 3rd. Nomura increased their price objective on shares of FMC from $90.00 to $93.00 and gave the stock a “buy” rating in a research report on Wednesday, February 13th. Finally, KeyCorp lowered their price objective on shares of FMC from $112.00 to $105.00 and set a “buy” rating for the company in a research report on Thursday, February 14th.

FMC traded up $3.39 during mid-day trading on Tuesday, hitting $78.14. The stock had a trading volume of 1,573,861 shares, compared to its average volume of 1,075,644. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.92 and a current ratio of 1.26. The firm has a market cap of $9.67 billion, a PE ratio of 12.42, a price-to-earnings-growth ratio of 1.18 and a beta of 1.46. FMC has a 1-year low of $69.36 and a 1-year high of $92.76.

FMC (NYSE:FMC) last posted its earnings results on Monday, May 6th. The basic materials company reported $1.72 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.62 by $0.10. The company had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.19 billion. FMC had a net margin of 9.57% and a return on equity of 27.53%. The business’s revenue for the quarter was up 7.6% compared to the same quarter last year. During the same period last year, the business posted $1.84 earnings per share. Equities analysts forecast that FMC will post 5.77 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 18th. Investors of record on Friday, June 28th will be given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 2.05%. The ex-dividend date of this dividend is Thursday, June 27th. FMC’s dividend payout ratio (DPR) is currently 25.44%.

In related news, CEO Pierre R. Brondeau sold 33,000 shares of the firm’s stock in a transaction on Tuesday, May 21st. The shares were sold at an average price of $73.09, for a total value of $2,411,970.00. Following the completion of the transaction, the chief executive officer now owns 284,814 shares of the company’s stock, valued at $20,817,055.26. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Mark Douglas sold 18,500 shares of the firm’s stock in a transaction on Tuesday, May 14th. The shares were sold at an average price of $75.12, for a total transaction of $1,389,720.00. Following the completion of the transaction, the insider now directly owns 47,594 shares of the company’s stock, valued at approximately $3,575,261.28. The disclosure for this sale can be found here. 1.50% of the stock is currently owned by company insiders.

A number of hedge funds have recently made changes to their positions in the business. Metropolitan Life Insurance Co. NY lifted its stake in FMC by 0.6% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 22,243 shares of the basic materials company’s stock valued at $1,645,000 after acquiring an additional 127 shares during the last quarter. Cigna Investments Inc. New lifted its stake in FMC by 3.6% in the fourth quarter. Cigna Investments Inc. New now owns 3,949 shares of the basic materials company’s stock valued at $292,000 after acquiring an additional 137 shares during the last quarter. DekaBank Deutsche Girozentrale lifted its stake in FMC by 2.0% in the first quarter. DekaBank Deutsche Girozentrale now owns 7,054 shares of the basic materials company’s stock valued at $658,000 after acquiring an additional 138 shares during the last quarter. Ladenburg Thalmann Financial Services Inc. lifted its stake in FMC by 2.9% in the first quarter. Ladenburg Thalmann Financial Services Inc. now owns 5,695 shares of the basic materials company’s stock valued at $440,000 after acquiring an additional 162 shares during the last quarter. Finally, Northwestern Mutual Investment Management Company LLC lifted its stake in FMC by 0.8% in the first quarter. Northwestern Mutual Investment Management Company LLC now owns 20,462 shares of the basic materials company’s stock valued at $1,572,000 after acquiring an additional 170 shares during the last quarter. Hedge funds and other institutional investors own 90.00% of the company’s stock.

FMC Company Profile

FMC Corporation, a diversified chemical company, provides solutions, applications, and products for the agricultural, consumer, and industrial markets worldwide. The company operates in two segments, FMC Agricultural Solutions and FMC Lithium. The FMC Agricultural Solutions segment develops, manufactures, markets, and sells crop protection chemicals, including insecticides, herbicides, and fungicides that are used in agriculture to enhance crop yield and quality by controlling a range of insects, weeds, and diseases, as well as in non-agricultural markets for pest control.

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Analyst Recommendations for FMC (NYSE:FMC)

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