TechnipFMC plc $FTI Shares Sold by Royal Bank of Canada

Royal Bank of Canada decreased its stake in TechnipFMC plc (NYSE:FTI) by 57.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 603,525 shares of the oil and gas company’s stock after selling 821,096 shares during the period. Royal Bank of Canada’s holdings in TechnipFMC were worth $41,723,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. V Square Quantitative Management LLC purchased a new stake in shares of TechnipFMC during the 1st quarter valued at about $26,000. Newbridge Financial Services Group Inc. acquired a new stake in TechnipFMC in the third quarter valued at approximately $32,000. Geneos Wealth Management Inc. raised its stake in shares of TechnipFMC by 45.3% during the first quarter. Geneos Wealth Management Inc. now owns 1,090 shares of the oil and gas company’s stock valued at $35,000 after purchasing an additional 340 shares during the period. Ascentis Independent Advisors acquired a new position in shares of TechnipFMC during the first quarter worth $37,000. Finally, Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of TechnipFMC in the fourth quarter valued at $41,000. Institutional investors and hedge funds own 96.58% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently weighed in on FTI. Zacks Research lowered shares of TechnipFMC from a “strong-buy” rating to a “hold” rating in a report on Monday, May 4th. Royal Bank Of Canada upped their price objective on shares of TechnipFMC from $78.00 to $80.00 and gave the company an “outperform” rating in a research report on Friday, May 1st. Evercore restated an “outperform” rating and set a $83.00 target price on shares of TechnipFMC in a research note on Friday, May 1st. Wall Street Zen lowered TechnipFMC from a “buy” rating to a “hold” rating in a research report on Saturday. Finally, Jefferies Financial Group reissued a “buy” rating on shares of TechnipFMC in a report on Sunday, May 31st. Thirteen equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $69.64.

Key Stories Impacting TechnipFMC

Here are the key news stories impacting TechnipFMC this week:

• Positive Sentiment: Q2 results exceeded expectations: Adjusted earnings were $0.91 per share versus the $0.80 analyst consensus, while revenue reached $2.76 billion, above the $2.68 billion estimate. EPS also increased from $0.68 a year earlier. TechnipFMC Announces Second-Quarter 2026 Results
• Positive Sentiment: Revenue and net income accelerated: Revenue rose 9% year over year to $2.76 billion and increased 10.8% sequentially. Net income climbed to $362.7 million from $260.5 million in the prior quarter, supporting the bullish investor reaction. TechnipFMC plc 2026 Q2 Results Earnings Call Presentation
• Positive Sentiment: Profitability remained robust: TechnipFMC reported a 10.62% net margin and 34.06% return on equity, reinforcing the view that the company is converting revenue growth into meaningful earnings. FMC Technologies Surpasses Q2 Earnings and Revenue Estimates
• Neutral Sentiment: Full-year outlook is broadly in line with expectations: TechnipFMC issued 2026 revenue guidance of $10.4 billion to $10.9 billion, compared with consensus of $10.6 billion. The available update did not provide a specific EPS guidance figure, limiting the upside from the outlook itself. TechnipFMC Q2 2026 Earnings Call Transcript

TechnipFMC Price Performance

Shares of NYSE:FTI opened at $71.66 on Monday. The company has a quick ratio of 0.85, a current ratio of 1.08 and a debt-to-equity ratio of 0.10. The firm has a 50-day simple moving average of $69.48 and a 200 day simple moving average of $67.11. TechnipFMC plc has a fifty-two week low of $34.27 and a fifty-two week high of $77.92. The company has a market cap of $28.57 billion, a PE ratio of 24.88, a P/E/G ratio of 1.50 and a beta of 0.70.

TechnipFMC (NYSE:FTI) last posted its earnings results on Thursday, July 30th. The oil and gas company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.80 by $0.11. The company had revenue of $2.76 billion during the quarter, compared to analyst estimates of $2.67 billion. TechnipFMC had a return on equity of 36.54% and a net margin of 11.28%.The business’s revenue was up 9.0% compared to the same quarter last year. During the same period in the prior year, the company earned $0.68 earnings per share. On average, sell-side analysts anticipate that TechnipFMC plc will post 3.02 EPS for the current year.

TechnipFMC Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 2nd. Shareholders of record on Tuesday, August 18th will be paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Tuesday, August 18th. TechnipFMC’s dividend payout ratio (DPR) is presently 6.94%.

TechnipFMC Company Profile

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.