Seaport Res Ptn Issues Optimistic Outlook for FMC Earnings

FMC Co. (NYSE:FMC - Free Report) - Equities research analysts at Seaport Res Ptn boosted their Q1 2025 EPS estimates for FMC in a research report issued to clients and investors on Monday, April 21st. Seaport Res Ptn analyst M. Harrison now forecasts that the basic materials company will post earnings of $0.10 per share for the quarter, up from their prior estimate of $0.09. The consensus estimate for FMC's current full-year earnings is $3.48 per share. Seaport Res Ptn also issued estimates for FMC's Q3 2025 earnings at $0.97 EPS, Q4 2025 earnings at $1.58 EPS, FY2025 earnings at $3.36 EPS and FY2026 earnings at $4.40 EPS.

FMC (NYSE:FMC - Get Free Report) last issued its earnings results on Tuesday, February 4th. The basic materials company reported $1.79 earnings per share 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%.

FMC has been the topic of a number of other reports. Citigroup upped their price objective on shares of FMC from $55.00 to $61.00 and gave the company a "neutral" rating in a research note on Wednesday, January 29th. UBS Group cut FMC from a "buy" rating to a "neutral" rating and reduced their price objective for the company from $66.00 to $38.00 in a research note on Friday, February 7th. Bank of America restated an "underperform" rating and issued a $48.00 target price (down previously from $61.00) on shares of FMC in a report on Wednesday, February 5th. KeyCorp decreased their price target on FMC from $51.00 to $49.00 and set an "overweight" rating for the company in a report on Monday, April 14th. Finally, Royal Bank of Canada lowered shares of FMC from an "outperform" rating to a "sector perform" rating and decreased their price objective for the company from $78.00 to $47.00 in a research note on Wednesday, February 5th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and three have issued a buy rating to the company. According to MarketBeat, the company presently has an average rating of "Hold" and an average price target of $48.69.

FMC Stock Performance

NYSE FMC opened at $39.32 on Thursday. The company has a market capitalization of $4.91 billion, a price-to-earnings ratio of 14.46, 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 stock has a fifty day simple moving average of $39.12 and a 200 day simple moving average of $49.36. The company has a quick ratio of 1.24, a current ratio of 1.64 and a debt-to-equity ratio of 0.67.

Institutional Trading of FMC

Several institutional investors have recently bought and sold shares of the company. Golden State Wealth Management LLC bought a new stake in FMC in the 4th quarter worth about $29,000. EverSource Wealth Advisors LLC increased its stake in shares of FMC by 217.4% in the fourth quarter. EverSource Wealth Advisors LLC now owns 746 shares of the basic materials company's stock worth $36,000 after purchasing an additional 511 shares in the last quarter. Resona Asset Management Co. Ltd. bought a new stake in FMC during the fourth quarter valued at about $37,000. IFP Advisors Inc raised its stake in 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 during the period. Finally, Principal Securities Inc. raised its position in shares of FMC by 34.7% during the fourth quarter. Principal Securities Inc. now owns 990 shares of the basic materials company's stock valued at $48,000 after buying an additional 255 shares during the last quarter. 91.86% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at FMC

In other FMC news, Director Carol Anthony Davidson bought 6,000 shares of the company's stock in a transaction dated Wednesday, March 5th. The shares were purchased at an average price of $37.33 per share, for a total transaction of $223,980.00. Following the acquisition, the director now owns 6,000 shares in the company, valued at approximately $223,980. This represents a ∞ increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Ronaldo Pereira bought 5,600 shares of the stock in a transaction dated Tuesday, March 4th. The shares were acquired at an average price of $35.77 per share, with a total value of $200,312.00. Following the completion of the acquisition, the insider now directly owns 48,837 shares of the company's stock, valued at approximately $1,746,899.49. The trade was a 12.95 % increase in their position. The disclosure for this purchase can be found here. 0.67% of the stock is owned by corporate insiders.

FMC Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Stockholders of record on Monday, March 31st were paid a dividend of $0.58 per share. The ex-dividend date of this dividend was Monday, March 31st. This represents a $2.32 annualized dividend and a dividend yield of 5.90%. FMC's dividend payout ratio (DPR) is presently 85.29%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.