FMC (NYSE:FMC) Shares Gap Up – Time to Buy?

Shares of FMC Corporation (NYSE:FMCGet Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $11.50, but opened at $12.08. FMC shares last traded at $11.5260, with a volume of 1,303,872 shares traded.

Analysts Set New Price Targets

A number of research firms have weighed in on FMC. Wall Street Zen raised shares of FMC from a “sell” rating to a “hold” rating in a research note on Saturday. Citigroup lowered their price objective on shares of FMC from $17.00 to $14.00 and set a “neutral” rating for the company in a research note on Monday, June 22nd. Weiss Ratings restated a “sell (d-)” rating on shares of FMC in a report on Friday, May 29th. UBS Group increased their target price on FMC from $14.00 to $17.00 and gave the stock a “neutral” rating in a research report on Thursday, April 9th. Finally, Vertical Research cut FMC from a “hold” rating to a “sell” rating and set a $14.00 target price on the stock. in a report on Wednesday, April 22nd. Two equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, FMC has an average rating of “Reduce” and an average price target of $19.96.

Check Out Our Latest Stock Analysis on FMC

FMC Stock Performance

The stock’s 50 day moving average price is $13.01 and its 200 day moving average price is $14.34. The company has a current ratio of 1.29, a quick ratio of 0.96 and a debt-to-equity ratio of 1.50. The firm has a market cap of $1.42 billion, a PE ratio of -0.57, a P/E/G ratio of 0.92 and a beta of 0.35.

FMC (NYSE:FMCGet Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The basic materials company reported ($0.23) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.39) by $0.16. FMC had a negative net margin of 72.93% and a positive return on equity of 10.53%. The firm had revenue of $762.40 million during the quarter, compared to analysts’ expectations of $745.42 million. During the same period in the prior year, the company earned $0.18 EPS. The firm’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, equities analysts forecast that FMC Corporation will post 1.69 earnings per share for the current fiscal year.

FMC Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 16th. Shareholders of record on Tuesday, June 30th will be paid a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date is Tuesday, June 30th. FMC’s payout ratio is currently -1.60%.

Institutional Investors Weigh In On FMC

Large investors have recently modified their holdings of the stock. SG Americas Securities LLC raised its holdings in shares of FMC by 104.9% during the 4th quarter. SG Americas Securities LLC now owns 200,326 shares of the basic materials company’s stock valued at $2,779,000 after buying an additional 102,545 shares during the period. Icon Wealth Advisors LLC boosted its holdings in FMC by 217.2% in the 4th quarter. Icon Wealth Advisors LLC now owns 63,647 shares of the basic materials company’s stock worth $883,000 after acquiring an additional 43,582 shares during the period. Essential Partners LLC purchased a new position in FMC in the 1st quarter worth approximately $43,000. EverSource Wealth Advisors LLC grew its position in FMC by 3,714.8% in the first quarter. EverSource Wealth Advisors LLC now owns 9,041 shares of the basic materials company’s stock valued at $156,000 after acquiring an additional 8,804 shares in the last quarter. Finally, Armistice Capital LLC acquired a new stake in FMC in the third quarter valued at approximately $204,000. Institutional investors and hedge funds own 91.86% of the company’s stock.

FMC Company Profile

(Get Free Report)

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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