FMC Corporation (NYSE:FMC) Receives $44.58 Consensus Target Price from Analysts

Shares of FMC Corporation (NYSE:FMC) have earned a consensus recommendation of “Hold” from the fourteen brokerages that are covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell rating, eight have given a hold rating and five have assigned a buy rating to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $43.0833.

Several brokerages recently commented on FMC. Citigroup reduced their target price on shares of FMC from $42.00 to $34.00 and set a “neutral” rating for the company in a report on Monday, October 6th. Wells Fargo & Company reduced their target price on shares of FMC from $50.00 to $41.00 and set an “overweight” rating for the company in a report on Thursday. Mizuho reduced their target price on shares of FMC from $49.00 to $39.00 and set an “outperform” rating for the company in a report on Thursday, October 9th. Morgan Stanley reduced their target price on shares of FMC from $46.00 to $42.00 and set an “equal weight” rating for the company in a report on Friday, August 1st. Finally, Royal Bank Of Canada reduced their target price on shares of FMC from $42.00 to $33.00 and set a “sector perform” rating for the company in a report on Friday.

Insiders Place Their Bets

In other news, VP Jacqueline Scanlan sold 3,790 shares of the business’s stock in a transaction that occurred on Monday, September 29th. The shares were sold at an average price of $34.00, for a total value of $128,860.00. Following the completion of the transaction, the vice president directly owned 33,044 shares in the company, valued at approximately $1,123,496. The trade was a 10.29% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.67% of the stock is owned by company insiders.

Hedge Funds Weigh In On FMC

A number of institutional investors have recently added to or reduced their stakes in the stock. Charles Schwab Investment Management Inc. increased its position in FMC by 286.0% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 4,494,377 shares of the basic materials company’s stock valued at $189,618,000 after acquiring an additional 3,329,974 shares during the period. AQR Capital Management LLC increased its position in FMC by 1,199.9% in the 1st quarter. AQR Capital Management LLC now owns 3,621,496 shares of the basic materials company’s stock valued at $151,071,000 after acquiring an additional 3,342,888 shares during the period. Dimensional Fund Advisors LP increased its position in FMC by 20.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,743,271 shares of the basic materials company’s stock valued at $115,736,000 after acquiring an additional 457,094 shares during the period. Brandywine Global Investment Management LLC increased its position in FMC by 22.7% in the 1st quarter. Brandywine Global Investment Management LLC now owns 2,284,267 shares of the basic materials company’s stock valued at $96,373,000 after acquiring an additional 423,210 shares during the period. Finally, Ameriprise Financial Inc. increased its position in FMC by 9.8% in the 1st quarter. Ameriprise Financial Inc. now owns 1,641,657 shares of the basic materials company’s stock valued at $69,274,000 after acquiring an additional 146,048 shares during the period. 91.86% of the stock is currently owned by institutional investors and hedge funds.

FMC Trading Down 2.0%

Shares of NYSE:FMC opened at $29.38 on Wednesday. FMC has a 12 month low of $28.80 and a 12 month high of $67.75. The company has a quick ratio of 1.14, a current ratio of 1.53 and a debt-to-equity ratio of 0.74. The company’s fifty day simple moving average is $35.46 and its 200 day simple moving average is $38.50. The firm has a market cap of $3.67 billion, a price-to-earnings ratio of 36.73, a PEG ratio of 1.10 and a beta of 0.76.

FMC (NYSE:FMC) last released its earnings results on Wednesday, July 30th. The basic materials company reported $0.69 earnings per share for the quarter, beating analysts’ consensus estimates of $0.59 by $0.10. The business had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $995.15 million. FMC had a net margin of 2.42% and a return on equity of 9.36%. The firm’s revenue for the quarter was up 1.2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.63 earnings per share. 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 forecast that FMC will post 3.48 EPS for the current fiscal year.

About FMC

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.