Kestra Investment Management LLC Acquires 21,474 Shares of FMC Corporation $FMC

Kestra Investment Management LLC raised its holdings in shares of FMC Corporation (NYSE:FMC) by 6,882.7% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 21,786 shares of the basic materials company’s stock after acquiring an additional 21,474 shares during the quarter. Kestra Investment Management LLC’s holdings in FMC were worth $919,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in FMC. AQR Capital Management LLC grew its stake in shares of FMC by 1,199.9% during the 1st quarter. AQR Capital Management LLC now owns 3,621,496 shares of the basic materials company’s stock worth $151,071,000 after acquiring an additional 3,342,888 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of FMC by 286.0% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 4,494,377 shares of the basic materials company’s stock worth $189,618,000 after acquiring an additional 3,329,974 shares in the last quarter. Russell Investments Group Ltd. grew its stake in shares of FMC by 74.2% during the 1st quarter. Russell Investments Group Ltd. now owns 1,585,564 shares of the basic materials company’s stock worth $66,895,000 after acquiring an additional 675,207 shares in the last quarter. Principal Financial Group Inc. grew its stake in shares of FMC by 327.3% during the 1st quarter. Principal Financial Group Inc. now owns 627,540 shares of the basic materials company’s stock worth $26,476,000 after acquiring an additional 480,691 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in shares of FMC by 20.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,743,271 shares of the basic materials company’s stock worth $115,736,000 after acquiring an additional 457,094 shares in the last quarter. 91.86% of the stock is owned by institutional investors.

FMC Price Performance

NYSE:FMC opened at $37.68 on Monday. The firm’s fifty day moving average price is $40.20 and its two-hundred day moving average price is $39.94. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.53 and a quick ratio of 1.14. The company has a market cap of $4.71 billion, a P/E ratio of 47.09, a P/E/G ratio of 1.18 and a beta of 0.76. FMC Corporation has a one year low of $32.83 and a one year high of $67.75.

FMC (NYSE:FMC) last posted its earnings results on Wednesday, July 30th. The basic materials company reported $0.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.59 by $0.10. The company had revenue of $1.05 billion during the quarter, compared to analysts’ expectations of $995.15 million. FMC had a net margin of 2.42% and a return on equity of 9.36%. FMC’s quarterly revenue was up 1.2% compared to the same quarter last year. During the same quarter last year, the company posted $0.63 EPS. FMC has set its Q3 2025 guidance at 0.780-0.980 EPS. FY 2025 guidance at 3.260-3.700 EPS. Equities analysts expect that FMC Corporation will post 3.48 earnings per share for the current year.

FMC Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 16th. Stockholders of record on Tuesday, September 30th will be paid a dividend of $0.58 per share. This represents a $2.32 dividend on an annualized basis and a dividend yield of 6.2%. The ex-dividend date is Tuesday, September 30th. FMC’s dividend payout ratio (DPR) is currently 290.00%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on FMC shares. Wall Street Zen raised shares of FMC from a “sell” rating to a “hold” rating in a research note on Saturday, June 14th. UBS Group cut their price objective on FMC from $45.00 to $44.00 and set a “neutral” rating for the company in a report on Thursday, July 31st. Royal Bank Of Canada cut their price objective on FMC from $47.00 to $42.00 and set a “sector perform” rating for the company in a report on Friday, August 1st. Morgan Stanley cut their price objective on FMC from $46.00 to $42.00 and set an “equal weight” rating for the company in a report on Friday, August 1st. Finally, Wells Fargo & Company raised FMC from an “equal weight” rating to an “overweight” rating and increased their price objective for the company from $41.00 to $50.00 in a report on Monday, June 23rd. Five research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, FMC currently has an average rating of “Hold” and an average price target of $49.58.

Insider Activity

In other news, VP Jacqueline Scanlan sold 1,510 shares of the firm’s stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $37.49, for a total transaction of $56,609.90. Following the completion of the sale, the vice president owned 36,834 shares in the company, valued at approximately $1,380,906.66. This trade represents a 3.94% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 0.67% of the company’s stock.

FMC Company Profile

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.