FMC (NYSE:FMC) Insider Nicholas Pfeiffer Sells 1,251 Shares

FMC Corporation (NYSE:FMC) insider Nicholas Pfeiffer sold 1,251 shares of the stock in a transaction that occurred on Wednesday, September 9th. The stock was sold at an average price of $12.78, for a total transaction of $15,987.78. Following the completion of the transaction, the insider owned 28,513 shares in the company, valued at approximately $364,396.14. This trade represents a 4.20% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link.

FMC Stock Performance

FMC opened at $12.11 on Friday. The company has a current ratio of 1.99, a quick ratio of 1.48 and a debt-to-equity ratio of 2.38. FMC Corporation has a 12-month low of $9.94 and a 12-month high of $38.68. The firm has a 50 day moving average of $11.20 and a two-hundred day moving average of $13.05. The firm has a market capitalization of $1.52 billion, a PE ratio of -0.55 and a beta of 0.41.

FMC (NYSE:FMC) last released its quarterly earnings data on Wednesday, July 29th. The basic materials company reported $0.26 EPS for the quarter, beating the consensus estimate of $0.22 by $0.04. The business had revenue of $841.40 million for the quarter, compared to the consensus estimate of $895.14 million. FMC had a negative net margin of 84.83% and a positive return on equity of 11.35%. The business’s revenue for the quarter was down 17.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.69 EPS. On average, analysts anticipate that FMC Corporation will post 1.27 EPS for the current year.

FMC Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Wednesday, September 30th. FMC’s dividend payout ratio (DPR) is currently -1.45%.

FMC News Roundup

Here are the key news stories impacting FMC this week:

• Positive Sentiment: KeyCorp analyst S. Tiano projects FMC will earn $2.05 per share in FY2028, well above the current full-year consensus estimate of $1.27. The forecast suggests analysts expect a meaningful recovery in profitability over the next several years, which may support investor sentiment. KeyCorp FY2028 earnings estimate
• Positive Sentiment: Analysts reportedly assign FMC an average price target of $14.25, above the stock’s recent trading level near $12, indicating potential upside if the company delivers on its expected earnings recovery. FMC average analyst price target
• Neutral Sentiment: Corporate controller Nicholas Pfeiffer sold 1,251 FMC shares for approximately $15,988, reducing his position by 4.2% but leaving him with 28,513 shares. The transaction is relatively small and does not necessarily indicate a change in management’s view of the company. FMC insider stock sale filing
• Negative Sentiment: Reports about vulnerabilities in Cisco Secure FMC involve Cisco’s cybersecurity software, not FMC Corporation, and therefore have no direct investment implications for FMC shares. Cisco Secure FMC vulnerability report

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Zacks Research downgraded FMC from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 1st. Weiss Ratings reissued a “sell (d-)” rating on shares of FMC in a report on Wednesday, August 26th. Barclays upgraded FMC from a “strong sell” rating to a “hold” rating in a research report on Thursday, August 6th. Citigroup reaffirmed a “buy” rating on shares of FMC in a report on Tuesday, August 4th. Finally, The Goldman Sachs Group reiterated a “buy” rating and issued a $18.00 target price on shares of FMC in a research note on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, FMC currently has a consensus rating of “Hold” and an average target price of $14.25.

Hedge Funds Weigh In On FMC

A number of large investors have recently bought and sold shares of the business. California State Teachers Retirement System raised its stake in shares of FMC by 1,022.7% during the 2nd quarter. California State Teachers Retirement System now owns 1,861,482 shares of the basic materials company’s stock worth $21,407,000 after buying an additional 1,695,683 shares during the period. Bank of New York Mellon Corp acquired a new stake in FMC in the 2nd quarter valued at $8,498,000. AXQ Capital LP grew its stake in FMC by 109.9% in the 2nd quarter. AXQ Capital LP now owns 366,661 shares of the basic materials company’s stock valued at $4,217,000 after acquiring an additional 191,945 shares during the period. Wellington Management Group LLP increased its holdings in FMC by 142.4% in the 2nd quarter. Wellington Management Group LLP now owns 235,089 shares of the basic materials company’s stock worth $2,704,000 after acquiring an additional 138,098 shares in the last quarter. Finally, SG Americas Securities LLC increased its holdings in FMC by 6.7% in the 1st quarter. SG Americas Securities LLC now owns 213,656 shares of the basic materials company’s stock worth $3,679,000 after acquiring an additional 13,330 shares in the last quarter. 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.