KeyCorp assumed coverage on shares of FMC (NYSE:FMC – Free Report) in a research report released on Friday morning, MarketBeat.com reports. The firm issued an overweight rating and a $16.00 target price on the basic materials company’s stock. KeyCorp also issued estimates for FMC’s Q3 2026 earnings at $0.10 EPS, Q4 2026 earnings at $1.16 EPS, FY2026 earnings at $1.30 EPS, FY2027 earnings at $1.30 EPS and FY2028 earnings at $2.05 EPS.
Several other equities analysts have also commented on FMC. JPMorgan Chase & Co. decreased their target price on shares of FMC from $16.00 to $12.00 and set a “neutral” rating on the stock in a report on Friday, July 31st. Seaport Research Partners set a $21.00 target price on shares of FMC in a research report on Tuesday, August 4th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of FMC in a report on Wednesday, August 26th. The Goldman Sachs Group reiterated a “buy” rating and set a $18.00 price target on shares of FMC in a research report on Friday, July 31st. Finally, Barclays raised shares of FMC from a “strong sell” rating to a “hold” rating in a research note on Thursday, August 6th. Four investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $14.38.
Read Our Latest Analysis on FMC
FMC Stock Performance
FMC (NYSE:FMC – Get Free Report) last released its earnings results on Wednesday, July 29th. The basic materials company reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.04. FMC had a positive return on equity of 11.35% and a negative net margin of 84.83%.The company had revenue of $841.40 million for the quarter, compared to analyst estimates of $895.14 million. During the same period in the prior year, the firm posted $0.69 EPS. FMC’s quarterly revenue was down 17.5% on a year-over-year basis. As a group, equities analysts anticipate that FMC will post 1.27 EPS for the current fiscal year.
FMC Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be paid a dividend of $0.08 per share. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $0.32 annualized dividend and a yield of 2.8%. FMC’s payout ratio is presently -1.45%.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently made changes to their positions in FMC. IFP Advisors Inc boosted its stake in shares of FMC by 99.0% in the 2nd quarter. IFP Advisors Inc now owns 2,726 shares of the basic materials company’s stock valued at $31,000 after purchasing an additional 1,356 shares in the last quarter. Root Financial Partners LLC increased its position in FMC by 3,642.9% during the 1st quarter. Root Financial Partners LLC now owns 1,834 shares of the basic materials company’s stock worth $32,000 after purchasing an additional 1,785 shares in the last quarter. Essential Partners LLC acquired a new position in FMC during the 1st quarter worth approximately $43,000. Nykredit A S bought a new position in FMC in the 2nd quarter valued at approximately $55,000. Finally, Parallel Advisors LLC boosted its position in FMC by 297.2% in the first quarter. Parallel Advisors LLC now owns 6,264 shares of the basic materials company’s stock valued at $108,000 after buying an additional 4,687 shares in the last quarter. Institutional investors own 91.86% of the company’s stock.
FMC News Summary
Here are the key news stories impacting FMC this week:
- Positive Sentiment: KeyCorp initiated coverage with an “overweight” rating and a $16 price target, implying roughly 40.6% upside from the recent trading level. The firm also projected FY2028 earnings of $2.05 per share, well above the current-year consensus estimate of $1.27, signaling expectations for a longer-term earnings recovery.
- Positive Sentiment: Analysts’ average price target is reported at $14.25, above FMC’s recent share price. The company also declared its regular $0.08 quarterly dividend, equal to $0.32 annually and an indicated yield of approximately 2.6%. FMC analyst price target report
- Neutral Sentiment: Corporate controller Nicholas Pfeiffer sold 1,251 shares for approximately $15,988, reducing his holdings by 4.2% while retaining 28,513 shares. The relatively small transaction is a modest negative signal but is unlikely to materially change the investment case. FMC insider sale SEC filing
- Negative Sentiment: FMC’s latest reported quarter showed revenue falling 17.5% year over year to $841.4 million, below analyst expectations, while earnings declined from the prior year. Its elevated debt-to-equity ratio of 2.38 and negative net margin remain additional risks.
- Neutral Sentiment: Reports about vulnerabilities in Cisco Secure FMC concern Cisco cybersecurity software, not FMC Corporation, and should not affect FMC shares. Similarly, news involving the Federal Maritime Commission or TechnipFMC relates to different entities.
FMC Company Profile
FMC Corporation is an agricultural sciences company that develops, manufactures and markets crop protection products. Its portfolio includes insecticides, herbicides, fungicides and other solutions designed to help farmers manage weeds, insects and plant diseases and improve crop productivity.
The company serves agricultural customers through a global commercial and research network, providing products for major crops such as cereals, corn, cotton, fruits, vegetables, rice and soybeans.
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