Rathbones Group PLC Sells 10,520 Shares of FMC Corporation $FMC

Rathbones Group PLC trimmed its holdings in FMC Corporation (NYSE:FMC) by 20.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 41,365 shares of the basic materials company’s stock after selling 10,520 shares during the period. Rathbones Group PLC’s holdings in FMC were worth $1,727,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Financial Harvest LLC bought a new stake in FMC during the 1st quarter valued at approximately $29,000. Elequin Capital LP purchased a new stake in FMC during the 1st quarter valued at approximately $30,000. Creative Financial Designs Inc. ADV raised its position in shares of FMC by 180.1% during the second quarter. Creative Financial Designs Inc. ADV now owns 815 shares of the basic materials company’s stock valued at $34,000 after buying an additional 524 shares during the last quarter. AlphaQuest LLC purchased a new position in shares of FMC in the first quarter worth $74,000. Finally, Brooklyn Investment Group boosted its position in shares of FMC by 403.1% during the first quarter. Brooklyn Investment Group now owns 2,465 shares of the basic materials company’s stock worth $104,000 after acquiring an additional 1,975 shares during the last quarter. Hedge funds and other institutional investors own 91.86% of the company’s stock.

FMC Price Performance

Shares of FMC stock opened at $14.14 on Tuesday. The stock has a market cap of $1.77 billion, a price-to-earnings ratio of 17.68, a price-to-earnings-growth ratio of 1.09 and a beta of 0.72. 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 stock has a 50 day moving average price of $30.23 and a 200-day moving average price of $36.81. FMC Corporation has a one year low of $12.87 and a one year high of $61.26.

FMC (NYSE:FMC) last released its quarterly earnings results on Wednesday, October 29th. The basic materials company reported $0.89 earnings per share for the quarter, beating the consensus estimate of $0.85 by $0.04. FMC had a return on equity of 9.36% and a net margin of 2.42%.The company had revenue of $542.20 million for the quarter, compared to analyst estimates of $1.08 billion. During the same quarter in the prior year, the firm posted $0.69 EPS. FMC’s quarterly revenue was down 49.1% compared to the same quarter last year. FMC has set its Q4 2025 guidance at 1.140-1.360 EPS. FY 2025 guidance at 2.920-3.140 EPS. Equities analysts expect that FMC Corporation will post 3.48 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the stock. Weiss Ratings reiterated a “sell (d+)” rating on shares of FMC in a report on Wednesday, October 8th. Wells Fargo & Company restated an “equal weight” rating and set a $16.00 price objective (down previously from $41.00) on shares of FMC in a research report on Friday, October 31st. Morgan Stanley decreased their target price on FMC from $38.00 to $17.00 and set an “equal weight” rating on the stock in a research report on Monday, November 3rd. Bank of America upgraded FMC from an “underperform” rating to a “neutral” rating and cut their price target for the company from $37.00 to $33.00 in a report on Tuesday, October 14th. Finally, KeyCorp reaffirmed a “sector weight” rating on shares of FMC in a research note on Friday, October 31st. Three equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, FMC has an average rating of “Hold” and an average target price of $29.75.

Insider Activity at FMC

In related news, VP Jacqueline Scanlan sold 3,790 shares of FMC stock in a transaction dated Monday, September 29th. The shares were sold at an average price of $34.00, for a total transaction of $128,860.00. Following the completion of the transaction, the vice president directly owned 33,044 shares of the company’s stock, valued at approximately $1,123,496. The trade was a 10.29% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.67% of the company’s stock.

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.