FMC (NYSE:FMC) Issues Q3 2026 Earnings Guidance

FMC (NYSE:FMC) issued an update on its third quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.050-0.130 for the period, compared to the consensus estimate of 0.650. The company issued revenue guidance of $840.0 million-$900.0 million, compared to the consensus revenue estimate of $950.7 million. FMC also updated its FY 2026 guidance to 1.190-1.490 EPS.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on FMC shares. JPMorgan Chase & Co. boosted their price target on FMC from $15.00 to $16.00 and gave the company a “neutral” rating in a report on Friday, May 1st. UBS Group lifted their price objective on FMC from $14.00 to $17.00 and gave the stock a “neutral” rating in a report on Thursday, April 9th. Zacks Research lowered shares of FMC from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 1st. Barclays lowered their price objective on FMC from $13.00 to $11.00 and set an “underweight” rating for the company in a research note on Monday. Finally, Vertical Research cut shares of FMC from a “hold” rating to a “sell” rating and set a $14.00 target price on the stock. in a research note on Wednesday, April 22nd. Two investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and four have issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Reduce” and a consensus target price of $15.38.

FMC Price Performance

Shares of FMC stock traded up $1.72 during mid-day trading on Thursday, reaching $11.73. The stock had a trading volume of 7,588,840 shares, compared to its average volume of 3,933,530. The business has a 50-day simple moving average of $11.68 and a 200 day simple moving average of $13.95. 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 company has a market cap of $1.47 billion, a P/E ratio of -0.59 and a beta of 0.38. FMC has a 12-month low of $9.94 and a 12-month high of $42.77.

FMC (NYSE:FMC) last posted its quarterly earnings data on Wednesday, July 29th. The basic materials company reported $0.26 earnings per share for the quarter, beating analysts’ consensus estimates of $0.21 by $0.05. The company had revenue of $841.40 million during the quarter, compared to analysts’ expectations of $895.14 million. FMC had a negative net margin of 72.93% and a positive return on equity of 10.53%. The firm’s revenue for the quarter was down 17.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.69 EPS. On average, sell-side analysts anticipate that FMC will post 1.61 earnings per share for the current year.

FMC Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date is Wednesday, September 30th. FMC’s dividend payout ratio is presently -1.60%.

More FMC News

Here are the key news stories impacting FMC this week:

• Positive Sentiment: FMC reported second-quarter adjusted EPS of $0.26, above the $0.21 analyst consensus. Adjusted EBITDA of $153 million also exceeded the high end of management’s guidance range. FMC Tops Q2 Earnings Estimates
• Positive Sentiment: Cash flow improved significantly, with operating cash flow reaching $363 million, up $297 million year over year. FMC also raised its free-cash-flow outlook to $75 million-$225 million, including a $200 million upfront payment from its rimisoxafen licensing agreement. FMC Reports Second-Quarter 2026 Results
• Positive Sentiment: Planned transactions—including the India business sale, licensing agreement, Newark property sale-leaseback and Tessenderlo Group investment—are expected to generate approximately $1 billion for debt reduction. An FMC director also purchased 18,072 shares recently, providing a limited insider-confidence signal. FMC Q2 Revenue Falls 17 Percent
• Neutral Sentiment: Wolfe Research maintained a Hold rating, citing the modest earnings beat but noting that FMC’s outlook and longer-term structural challenges remain unresolved. FMC Guidance and Structural Headwinds
• Negative Sentiment: Revenue fell 17% year over year to $867 million, organic revenue declined 22%, and adjusted EPS dropped 62% from $0.69 a year earlier. FMC also posted a $187 million GAAP net loss. FMC Earnings Report
• Negative Sentiment: Management cut full-year 2026 adjusted EPS guidance to $1.19-$1.49 from expectations of $1.68, reduced revenue guidance to $3.5 billion-$3.7 billion, and forecast third-quarter EPS well below consensus. The lowered outlook reflects a more challenging macro environment and continued demand pressure. FMC Updated Full-Year Outlook

Institutional Investors Weigh In On FMC

Several institutional investors and hedge funds have recently made changes to their positions in FMC. State of Tennessee Department of Treasury grew its holdings in shares of FMC by 45.1% during the second quarter. State of Tennessee Department of Treasury now owns 57,504 shares of the basic materials company’s stock valued at $2,401,000 after buying an additional 17,878 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of 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 valued at $2,171,000 after buying an additional 5,091 shares during the period. Focus Partners Wealth increased its stake in shares of FMC by 137.7% during 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 in the last quarter. Entropy Technologies LP bought a new stake in shares of FMC during the third quarter valued at approximately $267,000. Finally, Armistice Capital LLC bought a new position in shares of FMC during the 3rd quarter valued at $204,000. Institutional investors and hedge funds own 91.86% of the company’s stock.

About FMC

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.