FMC Co. (NYSE:FMC) Shares Sold by Leeward Investments LLC MA

Leeward Investments LLC MA reduced its stake in FMC Co. (NYSE:FMC - Free Report) by 20.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 187,423 shares of the basic materials company's stock after selling 48,624 shares during the period. Leeward Investments LLC MA owned 0.15% of FMC worth $12,359,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Dark Forest Capital Management LP grew its holdings in shares of FMC by 3.1% during the second quarter. Dark Forest Capital Management LP now owns 6,465 shares of the basic materials company's stock worth $372,000 after buying an additional 192 shares during the last quarter. HB Wealth Management LLC grew its stake in shares of FMC by 3.8% in the 2nd quarter. HB Wealth Management LLC now owns 5,649 shares of the basic materials company's stock valued at $325,000 after purchasing an additional 208 shares during the last quarter. CreativeOne Wealth LLC increased its holdings in shares of FMC by 6.7% in the first quarter. CreativeOne Wealth LLC now owns 3,926 shares of the basic materials company's stock valued at $250,000 after purchasing an additional 246 shares during the period. UMB Bank n.a. raised its stake in shares of FMC by 56.9% during the second quarter. UMB Bank n.a. now owns 678 shares of the basic materials company's stock worth $39,000 after purchasing an additional 246 shares during the last quarter. Finally, Benjamin Edwards Inc. lifted its holdings in shares of FMC by 24.3% during the second quarter. Benjamin Edwards Inc. now owns 1,326 shares of the basic materials company's stock worth $76,000 after purchasing an additional 259 shares during the period. 91.86% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on FMC. Redburn Atlantic upgraded shares of FMC from a "hold" rating to a "strong-buy" rating in a research note on Friday, July 19th. Barclays boosted their target price on FMC from $62.00 to $65.00 and gave the stock an "equal weight" rating in a research report on Monday, August 5th. JPMorgan Chase & Co. raised their price target on FMC from $50.00 to $59.00 and gave the company a "neutral" rating in a report on Monday, August 12th. Citigroup assumed coverage on FMC in a report on Wednesday, October 23rd. They set a "neutral" rating and a $67.00 price objective on the stock. Finally, Mizuho boosted their target price on shares of FMC from $64.00 to $70.00 and gave the stock a "neutral" rating in a research report on Friday, November 1st. 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 assigned a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Hold" and an average target price of $68.00.

FMC Trading Down 0.1 %

NYSE:FMC traded down $0.09 on Thursday, reaching $60.84. The stock had a trading volume of 1,372,575 shares, compared to its average volume of 1,690,530. The company has a market cap of $7.60 billion, a price-to-earnings ratio of 5.24, a P/E/G ratio of 1.67 and a beta of 0.85. FMC Co. has a 12-month low of $49.49 and a 12-month high of $68.72. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.48 and a quick ratio of 1.09. The firm's fifty day moving average is $63.06 and its two-hundred day moving average is $61.04.

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

FMC Profile

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.