Kepler Capital Markets Forecasts TechnipFMC FY2027 Earnings

TechnipFMC plc (NYSE:FTI - Free Report) - Equities research analysts at Kepler Capital Markets issued their FY2027 earnings estimates for TechnipFMC in a report released on Tuesday, April 8th. Kepler Capital Markets analyst B. Hodee expects that the oil and gas company will post earnings per share of $2.61 for the year. The consensus estimate for TechnipFMC's current full-year earnings is $1.63 per share. Kepler Capital Markets also issued estimates for TechnipFMC's FY2028 earnings at $2.69 EPS.

Several other equities analysts also recently issued reports on the stock. Barclays upped their price objective on shares of TechnipFMC from $42.00 to $43.00 and gave the company an "overweight" rating in a report on Monday, March 3rd. StockNews.com cut TechnipFMC from a "buy" rating to a "hold" rating in a research report on Thursday, March 27th. Piper Sandler lifted their target price on TechnipFMC from $39.00 to $40.00 and gave the stock an "overweight" rating in a report on Friday, February 28th. Susquehanna cut their price target on shares of TechnipFMC from $41.00 to $35.00 and set a "positive" rating on the stock in a report on Monday. Finally, Evercore ISI lifted their price objective on shares of TechnipFMC from $37.00 to $39.00 and gave the company an "outperform" rating in a research note on Wednesday, January 15th. Two analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, TechnipFMC currently has a consensus rating of "Moderate Buy" and a consensus price target of $36.15.

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TechnipFMC Stock Down 0.6 %

FTI stock traded down $0.14 on Thursday, hitting $25.23. 1,550,153 shares of the company's stock were exchanged, compared to its average volume of 4,619,792. The firm has a 50 day moving average price of $28.43 and a two-hundred day moving average price of $29.00. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.89 and a current ratio of 1.14. TechnipFMC has a 12-month low of $22.11 and a 12-month high of $33.45. The stock has a market cap of $10.61 billion, a P/E ratio of 16.60 and a beta of 1.11.

TechnipFMC Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Tuesday, March 18th were given a $0.05 dividend. The ex-dividend date of this dividend was Tuesday, March 18th. This represents a $0.20 annualized dividend and a dividend yield of 0.79%. TechnipFMC's dividend payout ratio (DPR) is 10.42%.

Insider Buying and Selling

In other TechnipFMC news, CAO David Light sold 10,147 shares of the business's stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of $24.90, for a total transaction of $252,660.30. Following the transaction, the chief accounting officer now owns 7,529 shares of the company's stock, valued at approximately $187,472.10. The trade was a 57.41 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Carvalho Filho Eleazar De sold 9,381 shares of the company's stock in a transaction on Monday, March 24th. The shares were sold at an average price of $29.76, for a total value of $279,178.56. Following the completion of the sale, the director now owns 100,951 shares of the company's stock, valued at approximately $3,004,301.76. The trade was a 8.50 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 61,706 shares of company stock worth $1,651,665 in the last 90 days. Insiders own 1.80% of the company's stock.

Institutional Investors Weigh In On TechnipFMC

A number of hedge funds have recently modified their holdings of FTI. Ameriprise Financial Inc. grew its position in TechnipFMC by 31.5% in the fourth quarter. Ameriprise Financial Inc. now owns 16,538,230 shares of the oil and gas company's stock worth $478,620,000 after acquiring an additional 3,962,315 shares during the period. Norges Bank purchased a new position in shares of TechnipFMC during the 4th quarter worth $96,808,000. Anomaly Capital Management LP increased its position in shares of TechnipFMC by 46.5% during the 4th quarter. Anomaly Capital Management LP now owns 7,266,580 shares of the oil and gas company's stock worth $210,295,000 after purchasing an additional 2,306,342 shares during the last quarter. AQR Capital Management LLC raised its holdings in TechnipFMC by 70.6% in the 4th quarter. AQR Capital Management LLC now owns 4,132,758 shares of the oil and gas company's stock valued at $119,602,000 after buying an additional 1,710,183 shares during the period. Finally, Vanguard Group Inc. lifted its position in TechnipFMC by 4.1% in the fourth quarter. Vanguard Group Inc. now owns 40,793,925 shares of the oil and gas company's stock valued at $1,180,576,000 after buying an additional 1,623,864 shares during the last quarter. Hedge funds and other institutional investors own 96.58% of the company's stock.

About TechnipFMC

TechnipFMC plc engages in the energy projects, technologies, and systems and services businesses in Europe, Central Asia, North America, Latin America, the Asia Pacific, Africa, the Middle East, and internationally. It operates through two segments: Subsea and Surface Technologies. The Subsea segment engages in the design, engineering, procurement, manufacturing, fabrication, installation, and life of field services for subsea systems, subsea field infrastructure, and subsea pipe systems used in oil and gas production and transportation.