TechnipFMC (NYSE:FTI) CFO Sells $5,176,469.43 in Stock

TechnipFMC plc (NYSE:FTI) CFO Alf Melin sold 83,721 shares of the business’s stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $61.83, for a total value of $5,176,469.43. Following the transaction, the chief financial officer owned 282,537 shares of the company’s stock, valued at approximately $17,469,262.71. This trade represents a 22.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Alf Melin also recently made the following trade(s):

• On Tuesday, March 10th, Alf Melin sold 43,554 shares of TechnipFMC stock. The stock was sold at an average price of $63.13, for a total transaction of $2,749,564.02.

TechnipFMC Price Performance

NYSE:FTI traded down $0.52 during trading hours on Wednesday, hitting $64.38. 3,127,516 shares of the stock traded hands, compared to its average volume of 3,925,772. The company has a market cap of $25.75 billion, a price-to-earnings ratio of 27.87, a price-to-earnings-growth ratio of 1.17 and a beta of 0.70. TechnipFMC plc has a 1 year low of $22.11 and a 1 year high of $68.29. The stock has a 50 day moving average price of $57.32 and a 200 day moving average price of $46.91. The company has a quick ratio of 0.89, a current ratio of 1.13 and a debt-to-equity ratio of 0.13.

TechnipFMC (NYSE:FTI) last announced its quarterly earnings data on Thursday, February 19th. The oil and gas company reported $0.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.51 by $0.19. The firm had revenue of $2.52 billion during the quarter, compared to analysts’ expectations of $2.54 billion. TechnipFMC had a net margin of 9.70% and a return on equity of 31.14%. The company’s revenue for the quarter was up 6.3% compared to the same quarter last year. During the same period in the prior year, the company posted $0.54 earnings per share. Sell-side analysts forecast that TechnipFMC plc will post 1.63 EPS for the current fiscal year.

TechnipFMC Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Tuesday, March 17th will be given a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Tuesday, March 17th. TechnipFMC’s payout ratio is presently 8.66%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of FTI. Corient Private Wealth LLC grew its holdings in shares of TechnipFMC by 95.7% in the fourth quarter. Corient Private Wealth LLC now owns 14,326 shares of the oil and gas company’s stock valued at $641,000 after purchasing an additional 7,004 shares in the last quarter. Astoria Portfolio Advisors LLC. purchased a new stake in TechnipFMC during the fourth quarter valued at $197,000. Dorsey Wright & Associates bought a new position in TechnipFMC during the fourth quarter valued at $5,467,000. Compound Planning Inc. grew its stake in shares of TechnipFMC by 17.8% in the 4th quarter. Compound Planning Inc. now owns 10,417 shares of the oil and gas company’s stock worth $464,000 after buying an additional 1,573 shares in the last quarter. Finally, Invesco Ltd. grew its stake in shares of TechnipFMC by 64.9% in the 4th quarter. Invesco Ltd. now owns 11,272,089 shares of the oil and gas company’s stock worth $502,284,000 after buying an additional 4,437,960 shares in the last quarter. 96.58% of the stock is currently owned by institutional investors.

Key Stories Impacting TechnipFMC

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)

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. Zacks Research upgraded TechnipFMC from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 23rd. Weiss Ratings reiterated a “buy (b)” rating on shares of TechnipFMC in a research report on Thursday, January 22nd. BMO Capital Markets boosted their target price on shares of TechnipFMC from $52.00 to $67.00 and gave the stock a “market perform” rating in a report on Monday, February 23rd. Piper Sandler raised their target price on shares of TechnipFMC from $49.00 to $52.00 and gave the company an “overweight” rating in a research note on Thursday, December 18th. Finally, Barclays reiterated an “overweight” rating and issued a $69.00 price target on shares of TechnipFMC in a report on Friday, February 20th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, TechnipFMC presently has a consensus rating of “Moderate Buy” and a consensus price target of $58.47.

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.