FMC (NYSE:FMC) Sets New 1-Year Low on Analyst Downgrade

FMC Corporation (NYSE:FMC)’s stock price reached a new 52-week low during trading on Thursday after Royal Bank Of Canada lowered their price target on the stock from $17.00 to $14.00. Royal Bank Of Canada currently has a sector perform rating on the stock. FMC traded as low as $10.78 and last traded at $10.8180, with a volume of 3295763 shares trading hands. The stock had previously closed at $11.50.

Several other brokerages also recently issued reports on FMC. Weiss Ratings reiterated a “sell (d-)” rating on shares of FMC in a research report on Friday, May 29th. UBS Group boosted their price objective on FMC from $14.00 to $17.00 and gave the stock a “neutral” rating in a research report on Thursday, April 9th. Mizuho reduced their price objective on FMC from $21.00 to $20.00 and set an “outperform” rating for the company in a research report on Tuesday, February 17th. The Goldman Sachs Group boosted their price objective on FMC from $17.00 to $21.00 and gave the stock a “buy” rating in a research report on Tuesday, April 14th. Finally, Citigroup boosted their price objective on FMC from $15.00 to $17.00 and gave the stock a “neutral” rating in a research report on Friday, May 1st. Two equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus target price of $20.21.

Institutional Investors Weigh In On FMC

Institutional investors have recently added to or reduced their stakes in the company. Root Financial Partners LLC lifted its position in FMC by 3,642.9% in the first 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 during the period. Essential Partners LLC acquired a new stake in FMC in the first quarter worth approximately $43,000. Parallel Advisors LLC lifted 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 worth $108,000 after purchasing an additional 4,687 shares during the period. EverSource Wealth Advisors LLC lifted 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 worth $156,000 after purchasing an additional 8,804 shares during the period. Finally, Armistice Capital LLC acquired a new stake in FMC in the third quarter worth approximately $204,000. 91.86% of the stock is currently owned by institutional investors and hedge funds.

FMC Price Performance

The stock has a market capitalization of $1.48 billion, a price-to-earnings ratio of -0.59, a P/E/G ratio of 0.90 and a beta of 0.35. The company has a quick ratio of 0.96, a current ratio of 1.29 and a debt-to-equity ratio of 1.50. The business has a 50-day simple moving average of $14.47 and a two-hundred day simple moving average of $14.51.

FMC (NYSE:FMC) last released its 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. The firm had revenue of $762.40 million during the quarter, compared to the consensus estimate of $745.42 million. FMC had a positive return on equity of 10.53% and a negative net margin of 72.93%.The firm’s revenue for the quarter was down 4.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.18 earnings per share. 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, research analysts predict that FMC Corporation will post 1.69 earnings per share for the current fiscal year.

FMC Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 16th. Shareholders of record on Tuesday, June 30th will be issued a $0.08 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $0.32 annualized dividend and a dividend yield of 2.7%. FMC’s dividend payout ratio is currently -1.60%.

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.