KeyCorp Weighs in on FMC's FY2026 Earnings (NYSE:FMC)

FMC Co. (NYSE:FMC - Free Report) - Equities researchers at KeyCorp issued their FY2026 earnings per share estimates for FMC in a note issued to investors on Sunday, April 13th. KeyCorp analyst A. Yefremov anticipates that the basic materials company will earn $4.16 per share for the year. KeyCorp currently has a "Overweight" rating and a $49.00 target price on the stock. The consensus estimate for FMC's current full-year earnings is $3.48 per share.

A number of other research firms also recently issued reports on FMC. Bank of America restated an "underperform" rating and issued a $48.00 price target (down from $61.00) on shares of FMC in a research report on Wednesday, February 5th. Royal Bank of Canada cut FMC from an "outperform" rating to a "sector perform" rating and decreased their target price for the stock from $78.00 to $47.00 in a research report on Wednesday, February 5th. Wells Fargo & Company reaffirmed a "cautious" rating on shares of FMC in a research note on Thursday, March 6th. Morgan Stanley lowered their price target on FMC from $70.00 to $46.00 and set an "equal weight" rating on the stock in a report on Wednesday, February 5th. Finally, BMO Capital Markets cut their target price on shares of FMC from $62.00 to $50.00 and set a "market perform" rating for the company in a research note on Wednesday, February 5th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and three have given a buy rating to the stock. According to MarketBeat, FMC presently has an average rating of "Hold" and a consensus target price of $50.31.

FMC Stock Up 1.4 %

FMC traded up $0.53 on Tuesday, reaching $37.79. The company's stock had a trading volume of 1,140,476 shares, compared to its average volume of 2,036,716. The stock has a market cap of $4.72 billion, a price-to-earnings ratio of 13.89, a price-to-earnings-growth ratio of 1.90 and a beta of 0.83. The business's 50 day moving average is $38.98 and its 200 day moving average is $49.89. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.64 and a quick ratio of 1.24. FMC has a 1 year low of $32.83 and a 1 year high of $68.72.

FMC (NYSE:FMC - Get Free Report) last announced its quarterly earnings data on Tuesday, February 4th. The basic materials company reported $1.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.65 by $0.14. FMC had a net margin of 8.03% and a return on equity of 9.67%.

FMC Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Monday, March 31st were given a $0.58 dividend. The ex-dividend date was Monday, March 31st. This represents a $2.32 annualized dividend and a yield of 6.14%. FMC's payout ratio is 85.29%.

Insiders Place Their Bets

In related news, EVP Michael Finian Reilly sold 2,958 shares of the stock in a transaction that occurred on Thursday, January 23rd. The shares were sold at an average price of $55.25, for a total value of $163,429.50. Following the transaction, the executive vice president now directly owns 25,468 shares in the company, valued at $1,407,107. This represents a 10.41 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Ronaldo Pereira acquired 5,600 shares of the company's stock in a transaction that occurred on Tuesday, March 4th. The stock was bought at an average price of $35.77 per share, with a total value of $200,312.00. Following the acquisition, the insider now directly owns 48,837 shares of the company's stock, valued at $1,746,899.49. The trade was a 12.95 % increase in their position. The disclosure for this purchase can be found here. Insiders own 0.67% of the company's stock.

Hedge Funds Weigh In On FMC

Institutional investors have recently modified their holdings of the business. Golden State Wealth Management LLC acquired a new stake in shares of FMC in the 4th quarter valued at about $29,000. EverSource Wealth Advisors LLC lifted its stake in FMC by 217.4% in the 4th quarter. EverSource Wealth Advisors LLC now owns 746 shares of the basic materials company's stock valued at $36,000 after acquiring an additional 511 shares in the last quarter. Resona Asset Management Co. Ltd. acquired a new position in FMC during the 4th quarter worth approximately $37,000. IFP Advisors Inc grew its stake in shares of FMC by 65.3% during the 4th quarter. IFP Advisors Inc now owns 959 shares of the basic materials company's stock worth $47,000 after acquiring an additional 379 shares in the last quarter. Finally, Principal Securities Inc. lifted its position in shares of FMC by 34.7% in the fourth quarter. Principal Securities Inc. now owns 990 shares of the basic materials company's stock worth $48,000 after purchasing an additional 255 shares in the last quarter. Institutional investors own 91.86% of the company's stock.

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.