TechnipFMC plc (NYSE:FTI – Get Free Report) CEO Douglas Pferdehirt sold 733,424 shares of the firm’s stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $62.24, for a total value of $45,648,309.76. Following the transaction, the chief executive officer directly owned 2,411,852 shares in the company, valued at approximately $150,113,668.48. This represents a 23.32% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website.
TechnipFMC Trading Down 0.8%
NYSE FTI traded down $0.52 during trading on Wednesday, hitting $64.38. 3,127,516 shares of the company’s stock traded hands, compared to its average volume of 3,925,772. The stock has a fifty day moving average of $57.32 and a two-hundred day moving average of $46.91. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.13 and a quick ratio of 0.89. TechnipFMC plc has a 12-month low of $22.11 and a 12-month high of $68.29. The firm has a market cap of $25.75 billion, a P/E ratio of 27.87, a PEG ratio of 1.17 and a beta of 0.70.
TechnipFMC (NYSE:FTI – Get Free Report) last issued its earnings results on Thursday, February 19th. The oil and gas company reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.19. TechnipFMC had a return on equity of 31.14% and a net margin of 9.70%.The company had revenue of $2.52 billion during the quarter, compared to analysts’ expectations of $2.54 billion. During the same period in the prior year, the business posted $0.54 EPS. TechnipFMC’s quarterly revenue was up 6.3% compared to the same quarter last year. As a group, sell-side analysts expect that TechnipFMC plc will post 1.63 EPS for the current year.
TechnipFMC Announces Dividend
TechnipFMC News Roundup
Here are the key news stories impacting TechnipFMC this week:
- Positive Sentiment: Zacks highlights FTI as a strong growth candidate based on style/growth scores and analyst revisions, which supports a bullish narrative for investors focused on earnings momentum. Here’s Why FMC Technologies (FTI) is a Strong Growth Stock
- Positive Sentiment: Zacks technical note: a hammer candlestick and upward earnings‑estimate revisions suggest the stock may have found near‑term support and could be poised for a reversal if fundamentals continue to improve. Here’s Why FMC Technologies (FTI) Looks Ripe for Bottom Fishing
- Neutral Sentiment: Yahoo Finance runs a valuation/strategic look: after a ~152% one‑year run, the story asks whether upside is already priced in — useful context but not a near‑term catalyst. Is It Too Late To Consider TechnipFMC (FTI) After Its 152% One Year Surge?
- Neutral Sentiment: A broader Zacks momentum screener story that appeared in feeds is informational (momentum theme), but it does not single out FTI as a top pick and is unlikely to move the stock alone. 3 High-Momentum Stocks Poised for Big Gains Right Now
- Negative Sentiment: Material insider selling: multiple senior executives disclosed large open‑market sales (CEO Douglas Pferdehirt ~733k shares; EVP Justin Rounce ~172k; CFO Alf Melin ~127k across filings; EVP Luana Duffe ~48k; other insiders also sold). These are sizable percentage reductions and aggregate multi‑million dollar disposals within a few days — a near‑term negative for investor sentiment and liquidity. Representative filing: CEO sale SEC filing. CEO Form 4 (SEC)
Analyst Upgrades and Downgrades
A number of equities research analysts have recently weighed in on FTI shares. The Goldman Sachs Group lifted their price objective on TechnipFMC from $55.00 to $66.00 and gave the stock a “buy” rating in a research report on Wednesday, March 4th. Susquehanna raised their price target on TechnipFMC from $56.00 to $71.00 and gave the stock a “positive” rating in a research note on Friday, February 20th. Royal Bank Of Canada boosted their price objective on shares of TechnipFMC from $47.00 to $70.00 and gave the company an “outperform” rating in a research report on Friday, February 20th. TD Cowen reaffirmed a “buy” rating on shares of TechnipFMC in a research note on Friday, February 20th. Finally, Piper Sandler boosted their price target on shares of TechnipFMC from $49.00 to $52.00 and gave the company an “overweight” rating in a research report on Thursday, December 18th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $58.47.
Get Our Latest Analysis on TechnipFMC
Institutional Investors Weigh In On TechnipFMC
Hedge funds have recently bought and sold shares of the business. Focus Partners Wealth boosted its position in shares of TechnipFMC by 27.2% in the 1st quarter. Focus Partners Wealth now owns 24,120 shares of the oil and gas company’s stock worth $764,000 after purchasing an additional 5,161 shares in the last quarter. Geneos Wealth Management Inc. boosted its holdings in TechnipFMC by 45.3% in the first quarter. Geneos Wealth Management Inc. now owns 1,090 shares of the oil and gas company’s stock worth $35,000 after acquiring an additional 340 shares in the last quarter. Sivia Capital Partners LLC grew its stake in shares of TechnipFMC by 76.1% in the second quarter. Sivia Capital Partners LLC now owns 14,764 shares of the oil and gas company’s stock worth $508,000 after acquiring an additional 6,381 shares during the last quarter. Bank of Montreal Can increased its holdings in shares of TechnipFMC by 10.4% during the second quarter. Bank of Montreal Can now owns 27,126 shares of the oil and gas company’s stock valued at $934,000 after acquiring an additional 2,557 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in shares of TechnipFMC by 20.1% during the second quarter. Bank of New York Mellon Corp now owns 1,756,592 shares of the oil and gas company’s stock valued at $60,497,000 after acquiring an additional 293,668 shares in the last quarter. Institutional investors own 96.58% of the company’s stock.
TechnipFMC Company Profile
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.
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