FMC (NYSE:FMC – Get Free Report) was downgraded by investment analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued to investors on Wednesday,Zacks.com reports.
Several other research firms have also weighed in on FMC. Wall Street Zen raised FMC from a “sell” rating to a “hold” rating in a research report on Saturday, June 27th. Wells Fargo & Company raised their target price on shares of FMC from $14.00 to $17.00 and gave the company an “equal weight” rating in a research note on Tuesday, April 21st. Weiss Ratings restated a “sell (d-)” rating on shares of FMC in a report on Friday, May 29th. Royal Bank Of Canada dropped their price target on shares of FMC from $17.00 to $14.00 and set a “sector perform” rating on the stock in a research report on Thursday, June 11th. Finally, Vertical Research cut shares of FMC from a “hold” rating to a “sell” rating and set a $14.00 price target for the company. in a research note on Wednesday, April 22nd. Two equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and a consensus target price of $19.96.
FMC Price Performance
FMC (NYSE:FMC – Get Free Report) last released its earnings results on Wednesday, April 29th. The basic materials company reported ($0.23) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.39) by $0.16. FMC had a positive return on equity of 10.53% and a negative net margin of 72.93%.The business had revenue of $762.40 million for the quarter, compared to analyst estimates of $745.42 million. During the same quarter in the prior year, the company posted $0.18 earnings per share. FMC’s revenue was down 4.1% on a year-over-year basis. FMC has set its FY 2026 guidance at 1.630-1.890 EPS and its Q2 2026 guidance at 0.160-0.260 EPS. As a group, sell-side analysts predict that FMC will post 1.65 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in FMC by 11.0% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 51,448 shares of the basic materials company’s stock worth $2,171,000 after purchasing an additional 5,091 shares during the period. Focus Partners Wealth raised its position in shares of FMC by 137.7% in the first quarter. Focus Partners Wealth now owns 21,427 shares of the basic materials company’s stock valued at $904,000 after purchasing an additional 12,414 shares during the period. State of Tennessee Department of Treasury lifted its stake in shares of FMC by 45.1% during 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 buying an additional 17,878 shares during the last quarter. Entropy Technologies LP acquired a new stake in shares of FMC during the 3rd quarter worth about $267,000. Finally, Armistice Capital LLC acquired a new stake in shares of FMC during the 3rd quarter worth about $204,000. 91.86% of the stock is owned by institutional investors and hedge funds.
Key Headlines Impacting FMC
Here are the key news stories impacting FMC this week:
- Positive Sentiment: FMC reached a definitive agreement for Tessenderlo Group to invest about $400 million by buying roughly 20% of the company at $13.30 per share, giving FMC fresh capital and signaling outside confidence in the business. FMC Corporation Reaches Agreement for $400 Million Minority Equity Investment from Tessenderlo Group
- Positive Sentiment: The proceeds are intended to help FMC move toward its roughly $1 billion debt paydown target, which should improve liquidity and ease balance-sheet pressure. FMC Lands $400M Minority Investment From Tessenderlo Group
- Positive Sentiment: Several market reports said the stock jumped on news of the investment, with investors viewing the transaction as a step toward deleveraging and a possible reset in the company’s valuation. FMC shares surge after Tessenderlo agrees to acquire 20% stake (FMC)
- Neutral Sentiment: Commentary from analysts suggests the deal may help FMC remain independent and keep investing in crop protection technology, but investors are still waiting to see how the balance-sheet repair affects earnings and growth. With a new $400M investor, FMC says it can remain independent and boost pesticide sales
- Negative Sentiment: A Seeking Alpha piece raised questions about whether the debt solution is only partial, implying that FMC may still face concerns around leverage and the strength of its turnaround. FMC Corporation: A Partial Debt Solution Raises Questions
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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