KeyCorp Comments on FMC's Q1 Earnings (NYSE:FMC)

FMC Co. (NYSE:FMC - Free Report) - Stock analysts at KeyCorp issued their Q1 2025 earnings per share (EPS) estimates for FMC in a report issued on Sunday, April 13th. KeyCorp analyst A. Yefremov expects that the basic materials company will earn $0.08 per share for the quarter. 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. KeyCorp also issued estimates for FMC's Q2 2025 earnings at $0.63 EPS, Q3 2025 earnings at $1.01 EPS, Q4 2025 earnings at $1.51 EPS, FY2025 earnings at $3.23 EPS and FY2027 earnings at $5.05 EPS.

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

A number of other equities analysts have also issued reports on FMC. Royal Bank of Canada lowered FMC from an "outperform" rating to a "sector perform" rating and cut their target price for the company from $78.00 to $47.00 in a research report on Wednesday, February 5th. UBS Group downgraded shares of FMC from a "buy" rating to a "neutral" rating and dropped their target price for the stock from $66.00 to $38.00 in a research report on Friday, February 7th. Morgan Stanley reduced their price target on shares of FMC from $70.00 to $46.00 and set an "equal weight" rating on the stock in a research report on Wednesday, February 5th. Bank of America reissued an "underperform" rating and issued a $48.00 price objective (down from $61.00) on shares of FMC in a report on Wednesday, February 5th. Finally, Mizuho set a $46.00 target price on FMC in a report on Tuesday. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $50.31.

FMC Stock Up 1.4 %

Shares of FMC stock traded up $0.53 during trading hours on Wednesday, hitting $37.79. 1,140,476 shares of the company's stock traded hands, compared to its average volume of 2,036,716. The company has a market cap of $4.72 billion, a PE ratio of 13.89, a PEG ratio of 1.90 and a beta of 0.83. FMC has a twelve month low of $32.83 and a twelve month high of $68.72. The company has a quick ratio of 1.24, a current ratio of 1.64 and a debt-to-equity ratio of 0.67. The stock has a 50 day simple moving average of $38.98 and a 200-day simple moving average of $49.89.

Institutional Investors Weigh In On FMC

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Golden State Wealth Management LLC bought a new stake in shares of FMC in the 4th quarter worth $29,000. EverSource Wealth Advisors LLC lifted its holdings 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 during the last quarter. Resona Asset Management Co. Ltd. acquired a new stake in FMC in the 4th quarter valued at about $37,000. IFP Advisors Inc boosted its position 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 valued at $47,000 after purchasing an additional 379 shares in the last quarter. Finally, Principal Securities Inc. grew its stake in shares of FMC by 34.7% in the 4th quarter. Principal Securities Inc. now owns 990 shares of the basic materials company's stock worth $48,000 after purchasing an additional 255 shares during the last quarter. Institutional investors own 91.86% of the company's stock.

Insiders Place Their Bets

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

FMC Announces Dividend

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

FMC Company 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.