First National Bank of Omaha Has $2.24 Million Stock Position in FMC Co. (NYSE:FMC)

First National Bank of Omaha boosted its holdings in shares of FMC Co. (NYSE:FMC - Free Report) by 85.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 33,935 shares of the basic materials company's stock after purchasing an additional 15,662 shares during the period. First National Bank of Omaha's holdings in FMC were worth $2,238,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. State Street Corp lifted its position in shares of FMC by 27.3% during the 3rd quarter. State Street Corp now owns 6,271,760 shares of the basic materials company's stock worth $417,151,000 after buying an additional 1,343,615 shares during the period. AQR Capital Management LLC lifted its holdings in shares of FMC by 317.7% during the second quarter. AQR Capital Management LLC now owns 1,099,389 shares of the basic materials company's stock valued at $63,160,000 after acquiring an additional 836,179 shares during the period. Pzena Investment Management LLC acquired a new stake in shares of FMC in the 2nd quarter valued at $33,191,000. Ilex Capital Partners UK LLP grew its holdings in shares of FMC by 2,129.4% in the 3rd quarter. Ilex Capital Partners UK LLP now owns 440,353 shares of the basic materials company's stock worth $29,037,000 after purchasing an additional 420,601 shares during the last quarter. Finally, Van ECK Associates Corp increased its position in shares of FMC by 116.8% during the 2nd quarter. Van ECK Associates Corp now owns 555,095 shares of the basic materials company's stock worth $31,946,000 after purchasing an additional 299,097 shares in the last quarter. Institutional investors own 91.86% of the company's stock.

Insider Activity at FMC

In other news, VP Jacqueline Scanlan sold 4,529 shares of the business's stock in a transaction on Monday, November 11th. The shares were sold at an average price of $59.67, for a total value of $270,245.43. Following the completion of the transaction, the vice president now owns 28,649 shares of the company's stock, valued at $1,709,485.83. The trade was a 13.65 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.85% of the stock is currently owned by corporate insiders.

FMC Trading Up 2.8 %

FMC stock traded up $1.61 during midday trading on Monday, reaching $58.19. The company's stock had a trading volume of 1,331,443 shares, compared to its average volume of 1,647,348. The business's 50-day simple moving average is $60.58 and its 200-day simple moving average is $60.35. The company has a quick ratio of 1.09, a current ratio of 1.48 and a debt-to-equity ratio of 0.65. FMC Co. has a 52 week low of $50.03 and a 52 week high of $68.72. The stock has a market cap of $7.26 billion, a PE ratio of 5.01, a price-to-earnings-growth ratio of 1.49 and a beta of 0.80.

FMC (NYSE:FMC - Get Free Report) last posted its quarterly earnings results on Tuesday, October 29th. The basic materials company reported $0.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.49 by $0.20. The business had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.04 billion. FMC had a return on equity of 7.68% and a net margin of 34.93%. The firm's revenue was up 8.5% on a year-over-year basis. During the same period last year, the company earned $0.44 EPS. As a group, sell-side analysts expect that FMC Co. will post 3.35 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have commented on FMC shares. Mizuho boosted their price target on shares of FMC from $64.00 to $70.00 and gave the company a "neutral" rating in a research report on Friday, November 1st. Citigroup began coverage on FMC in a research report on Wednesday, October 23rd. They set a "neutral" rating and a $67.00 price target on the stock. Royal Bank of Canada lifted their price objective on FMC from $78.00 to $81.00 and gave the company an "outperform" rating in a research report on Friday, November 1st. Finally, JPMorgan Chase & Co. increased their target price on FMC from $50.00 to $59.00 and gave the stock a "neutral" rating in a report on Monday, August 12th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating, four have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $68.00.

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.