Shares of FMC Corporation (NYSE:FMC – Get Free Report) hit a new 52-week low on Friday . The stock traded as low as $11.82 and last traded at $11.7840, with a volume of 1154988 shares traded. The stock had previously closed at $12.19.
Wall Street Analyst Weigh In
Several equities research analysts have weighed in on FMC shares. The Goldman Sachs Group upped their target price on FMC from $17.00 to $21.00 and gave the stock a “buy” rating in a report on Tuesday, April 14th. UBS Group upped their price objective on FMC from $14.00 to $17.00 and gave the stock a “neutral” rating in a research note on Thursday, April 9th. JPMorgan Chase & Co. upped their price objective on FMC from $15.00 to $16.00 and gave the stock a “neutral” rating in a research note on Friday, May 1st. Royal Bank Of Canada upped their price objective on FMC from $16.00 to $17.00 and gave the stock a “sector perform” rating in a research note on Friday, May 1st. Finally, Wall Street Zen cut FMC from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Two equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and a consensus target price of $20.46.
View Our Latest Stock Analysis on FMC
FMC Stock Down 4.5%
FMC (NYSE:FMC – Get Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The basic materials company reported ($0.23) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.39) by $0.16. The firm had revenue of $762.40 million during the quarter, compared to analysts’ expectations of $745.42 million. FMC had a positive return on equity of 10.53% and a negative net margin of 72.93%.The firm’s quarterly revenue was down 4.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.18 EPS. FMC has set its FY 2026 guidance at 1.630-1.890 EPS and its Q2 2026 guidance at 0.160-0.260 EPS. Analysts predict that FMC Corporation will post 1.69 EPS for the current year.
FMC Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 16th. Investors of record on Tuesday, June 30th will be given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend is Tuesday, June 30th. FMC’s dividend payout ratio is currently -1.60%.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in the business. Glenmede Trust Co. NA increased its position in FMC by 14.9% during the 1st quarter. Glenmede Trust Co. NA now owns 12,427 shares of the basic materials company’s stock valued at $214,000 after buying an additional 1,614 shares in the last quarter. Essential Partners LLC acquired a new position in FMC during the 1st quarter valued at about $43,000. EverSource Wealth Advisors LLC increased its position in FMC by 3,714.8% during the 1st quarter. EverSource Wealth Advisors LLC now owns 9,041 shares of the basic materials company’s stock valued at $156,000 after buying an additional 8,804 shares in the last quarter. Entropy Technologies LP acquired a new position in FMC during the 1st quarter valued at about $1,401,000. Finally, Parallel Advisors LLC increased its position in FMC by 297.2% during the 1st quarter. Parallel Advisors LLC now owns 6,264 shares of the basic materials company’s stock valued at $108,000 after buying an additional 4,687 shares in the last quarter. 91.86% of the stock is owned by institutional investors and hedge funds.
FMC Company Profile
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.
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