APG Asset Management N.V. Sells 4,090 Shares of FMC Corporation $FMC

APG Asset Management N.V. trimmed its stake in FMC Corporation (NYSE:FMC) by 32.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,588 shares of the basic materials company’s stock after selling 4,090 shares during the period. APG Asset Management N.V.’s holdings in FMC were worth $335,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Financial Harvest LLC bought a new position in shares of FMC in the first quarter worth approximately $29,000. Elequin Capital LP bought a new position in shares of FMC in the first quarter worth approximately $30,000. Golden State Wealth Management LLC increased its position in shares of FMC by 66.6% in the first quarter. Golden State Wealth Management LLC now owns 1,006 shares of the basic materials company’s stock worth $42,000 after purchasing an additional 402 shares during the last quarter. Central Pacific Bank Trust Division bought a new position in shares of FMC in the first quarter worth approximately $55,000. Finally, AlphaQuest LLC bought a new position in shares of FMC in the first quarter worth approximately $74,000. 91.86% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, VP Jacqueline Scanlan sold 1,510 shares of the firm’s stock in a transaction on Monday, August 18th. The stock was sold at an average price of $37.49, for a total value of $56,609.90. Following the completion of the sale, the vice president owned 36,834 shares of the company’s stock, valued at $1,380,906.66. This trade represents a 3.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.67% of the stock is owned by insiders.

Analyst Ratings Changes

FMC has been the topic of a number of recent research reports. Morgan Stanley reduced their price target on shares of FMC from $46.00 to $42.00 and set an “equal weight” rating on the stock in a research report on Friday, August 1st. Royal Bank Of Canada reduced their price target on shares of FMC from $47.00 to $42.00 and set a “sector perform” rating on the stock in a research report on Friday, August 1st. KeyCorp increased their price target on shares of FMC from $53.00 to $61.00 and gave the company an “overweight” rating in a research report on Monday, July 14th. UBS Group reduced their price target on shares of FMC from $45.00 to $44.00 and set a “neutral” rating on the stock in a research report on Thursday, July 31st. Finally, Wall Street Zen upgraded shares of FMC from a “sell” rating to a “hold” rating in a research report on Saturday, June 14th. Five equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $49.58.

FMC Stock Performance

NYSE:FMC opened at $39.72 on Thursday. The firm has a market cap of $4.96 billion, a PE ratio of 49.64, a price-to-earnings-growth ratio of 1.22 and a beta of 0.75. FMC Corporation has a fifty-two week low of $32.83 and a fifty-two week high of $67.75. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.14 and a current ratio of 1.53. The business has a 50 day moving average price of $40.78 and a 200-day moving average price of $39.83.

FMC (NYSE:FMC) last announced its quarterly earnings results on Wednesday, July 30th. The basic materials company reported $0.69 EPS for the quarter, topping analysts’ consensus estimates of $0.59 by $0.10. FMC had a return on equity of 9.36% and a net margin of 2.42%.The company had revenue of $1.05 billion during the quarter, compared to analyst estimates of $995.15 million. During the same quarter last year, the firm posted $0.63 earnings per share. The firm’s revenue was up 1.2% on a year-over-year basis. FMC has set its Q3 2025 guidance at 0.780-0.980 EPS. FY 2025 guidance at 3.260-3.700 EPS. Equities research analysts predict that FMC Corporation will post 3.48 earnings per share for the current year.

FMC Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 16th. Investors of record on Tuesday, September 30th will be paid a $0.58 dividend. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $2.32 dividend on an annualized basis and a yield of 5.8%. FMC’s dividend payout ratio (DPR) is presently 290.00%.

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.