TD Asset Management Inc Sells 347,502 Shares of TechnipFMC plc $FTI

TD Asset Management Inc lessened its stake in shares of TechnipFMC plc (NYSE:FTI) by 17.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,633,238 shares of the oil and gas company’s stock after selling 347,502 shares during the quarter. TD Asset Management Inc owned 0.40% of TechnipFMC worth $64,431,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Boston Partners raised its stake in TechnipFMC by 267.5% during the second quarter. Boston Partners now owns 9,669,433 shares of the oil and gas company’s stock worth $333,041,000 after acquiring an additional 7,038,640 shares in the last quarter. Norges Bank acquired a new stake in shares of TechnipFMC in the 2nd quarter valued at $151,413,000. Pacer Advisors Inc. grew its holdings in shares of TechnipFMC by 91.5% in the 3rd quarter. Pacer Advisors Inc. now owns 3,837,314 shares of the oil and gas company’s stock worth $151,382,000 after purchasing an additional 1,833,601 shares during the last quarter. Bank of New York Mellon Corp increased its position in shares of TechnipFMC by 80.6% during the 3rd quarter. Bank of New York Mellon Corp now owns 3,172,213 shares of the oil and gas company’s stock worth $125,144,000 after purchasing an additional 1,415,621 shares in the last quarter. Finally, Qube Research & Technologies Ltd lifted its holdings in TechnipFMC by 61.6% during the 2nd quarter. Qube Research & Technologies Ltd now owns 3,399,955 shares of the oil and gas company’s stock valued at $117,094,000 after purchasing an additional 1,296,358 shares during the last quarter. Institutional investors and hedge funds own 96.58% of the company’s stock.

TechnipFMC Price Performance

TechnipFMC stock opened at $67.27 on Friday. The business’s 50-day simple moving average is $54.08 and its 200 day simple moving average is $45.09. The company has a quick ratio of 0.89, a current ratio of 1.13 and a debt-to-equity ratio of 0.13. The stock has a market cap of $26.91 billion, a price-to-earnings ratio of 29.12, a P/E/G ratio of 1.27 and a beta of 0.69. TechnipFMC plc has a 12-month low of $22.11 and a 12-month high of $67.31.

TechnipFMC (NYSE:FTI) last released its earnings results on Thursday, February 19th. The oil and gas company reported $0.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.51 by $0.19. The company had revenue of $2.52 billion for the quarter, compared to the consensus estimate of $2.54 billion. TechnipFMC had a net margin of 9.70% and a return on equity of 31.14%. The company’s revenue was up 6.3% compared to the same quarter last year. During the same period in the prior year, the company posted $0.54 EPS. As a group, research analysts anticipate that TechnipFMC plc will post 1.63 earnings per share for the current year.

TechnipFMC Announces Dividend

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

Insider Transactions at TechnipFMC

In other TechnipFMC news, Director Carvalho Filho Eleazar De sold 6,350 shares of TechnipFMC stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $65.40, for a total transaction of $415,290.00. Following the completion of the sale, the director owned 97,860 shares of the company’s stock, valued at approximately $6,400,044. The trade was a 6.09% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.80% of the company’s stock.

Key Headlines Impacting TechnipFMC

Here are the key news stories impacting TechnipFMC this week:

• Positive Sentiment: Citigroup sharply raised its price target on FTI to $76 and assigned a “buy” rating — a sizable upgrade that signals stronger analyst confidence and provides an explicit upside anchor for investors. Citigroup price target raise
• Positive Sentiment: Broader analyst and institutional support: data shows a cluster of upgrades and a consensus “moderate buy” from analysts, while large asset managers (AQR, State Street, Invesco) have materially increased stakes — both trends support continued buying pressure. Analyst consensus / institutional holdings
• Neutral Sentiment: Positive media analysis pieces (Zacks) highlight FTI’s growth profile and relative outperformance versus some peers, which can attract growth-oriented and GARP investors but are commentary rather than new fundamental data. Zacks growth analysis
• Neutral Sentiment: Other outlets have updated price targets (e.g., a smaller raise reflected in an MSN-linked note). These incremental target changes provide context but are less consequential than the Citi upgrade. MSN price-target note
• Negative Sentiment: An insider (director Carvalho Filho Eleazar De) sold 6,350 shares for about $415k — a modest-sized sale that may prompt short-term investor caution or headlines about insider selling, though the director still holds a large position. Insider sale filing

Analyst Ratings Changes

Several analysts have weighed in on the stock. Weiss Ratings reaffirmed a “buy (b)” rating on shares of TechnipFMC in a research note on Thursday, January 22nd. Susquehanna boosted their target price on TechnipFMC from $56.00 to $71.00 and gave the stock a “positive” rating in a report on Friday, February 20th. Barclays reaffirmed an “overweight” rating and set a $69.00 price target on shares of TechnipFMC in a report on Friday, February 20th. UBS Group set a $70.00 price objective on TechnipFMC in a research note on Friday, February 20th. Finally, BMO Capital Markets raised their target price on TechnipFMC from $52.00 to $67.00 and gave the company a “market perform” rating in a research note on Monday. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $57.93.

About TechnipFMC

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.