Kaufman Rossin Wealth LLC Takes Position in FMC Corporation $FMC

Kaufman Rossin Wealth LLC bought a new stake in shares of FMC Corporation (NYSE:FMCFree Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 6,908 shares of the basic materials company’s stock, valued at approximately $291,000.

Other hedge funds have also added to or reduced their stakes in the company. Financial Harvest LLC acquired a new stake in shares of FMC during the 1st quarter worth approximately $29,000. Elequin Capital LP acquired a new position in shares of FMC during the 1st quarter valued at $30,000. Golden State Wealth Management LLC boosted its stake in FMC by 66.6% during the first quarter. Golden State Wealth Management LLC now owns 1,006 shares of the basic materials company’s stock worth $42,000 after acquiring an additional 402 shares in the last quarter. Central Pacific Bank Trust Division acquired a new stake in FMC in the first quarter worth $55,000. Finally, UMB Bank n.a. increased its stake in FMC by 378.5% in the first quarter. UMB Bank n.a. now owns 1,914 shares of the basic materials company’s stock valued at $81,000 after purchasing an additional 1,514 shares in the last quarter. 91.86% of the stock is currently owned by institutional investors.

Insider Activity

In other news, VP Jacqueline Scanlan sold 1,510 shares of the company’s stock in a transaction on Monday, August 18th. The shares were sold at an average price of $37.49, for a total value of $56,609.90. Following the completion of the sale, the vice president owned 36,834 shares in the company, valued at $1,380,906.66. This represents a 3.94% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.67% of the stock is currently owned by insiders.

FMC Price Performance

Shares of NYSE FMC opened at $38.5020 on Thursday. The stock has a market cap of $4.81 billion, a price-to-earnings ratio of 48.13, a PEG ratio of 1.19 and a beta of 0.75. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.14 and a current ratio of 1.53. FMC Corporation has a fifty-two week low of $32.83 and a fifty-two week high of $67.75. The firm’s 50-day simple moving average is $41.01 and its 200 day simple moving average is $39.94.

FMC (NYSE:FMCGet Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The basic materials company reported $0.69 EPS for the quarter, topping the consensus estimate of $0.59 by $0.10. FMC had a return on equity of 9.36% and a net margin of 2.42%.The firm had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $995.15 million. During the same period in the prior year, the business posted $0.63 earnings per share. The company’s quarterly revenue was up 1.2% compared to the same quarter last year. FMC has set its Q3 2025 guidance at 0.780-0.980 EPS. FY 2025 guidance at 3.260-3.700 EPS. As a group, research analysts anticipate that FMC Corporation will post 3.48 earnings per share for the current fiscal year.

FMC Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 16th. Shareholders of record on Tuesday, September 30th will be issued a dividend of $0.58 per share. This represents a $2.32 dividend on an annualized basis and a yield of 6.0%. The ex-dividend date of this dividend is Tuesday, September 30th. FMC’s payout ratio is currently 290.00%.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on FMC. Royal Bank Of Canada dropped their price objective on shares of FMC from $47.00 to $42.00 and set a “sector perform” rating on the stock in a report on Friday, August 1st. Mizuho raised FMC from a “neutral” rating to an “outperform” rating and set a $49.00 price target on the stock in a research note on Friday, April 25th. Barclays cut their price target on FMC from $49.00 to $48.00 and set an “overweight” rating on the stock in a report on Wednesday, August 13th. Morgan Stanley reduced their price objective on FMC from $46.00 to $42.00 and set an “equal weight” rating for the company in a research note on Friday, August 1st. Finally, Wall Street Zen raised FMC from a “sell” rating to a “hold” rating in a research report on Saturday, June 14th. Five investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, FMC has an average rating of “Hold” and a consensus price target of $49.58.

Check Out Our Latest Analysis on FMC

FMC Profile

(Free Report)

FMC Corporation, an agricultural sciences company, provides crop protection, plant health, and professional pest and turf management products. It develops, markets, and sells crop protection chemicals that includes insecticides, herbicides, and fungicides; and biologicals, crop nutrition, and seed treatment products, which are used in agriculture to enhance crop yield and quality by controlling a range of insects, weeds, and diseases, as well as in non-agricultural markets for pest control.

See Also

Institutional Ownership by Quarter for FMC (NYSE:FMC)

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