FMC (NYSE:FMC) Announces Quarterly Earnings Results, Beats Estimates By $0.05 EPS

FMC (NYSE:FMC) released its earnings results on Wednesday. The basic materials company reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.21 by $0.05, Zacks reports. FMC had a negative net margin of 72.93% and a positive return on equity of 10.53%.

FMC Price Performance

FMC stock traded down $0.91 during mid-day trading on Wednesday, hitting $10.03. 7,664,719 shares of the company were exchanged, compared to its average volume of 3,910,178. The company has a market capitalization of $1.25 billion, a PE ratio of -0.50 and a beta of 0.38. The business has a fifty day moving average of $11.73 and a 200 day moving average of $13.99. FMC has a 1-year low of $9.94 and a 1-year high of $42.77. The company has a quick ratio of 0.96, a current ratio of 1.29 and a debt-to-equity ratio of 1.50.

FMC Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 3.2%. The ex-dividend date is Wednesday, September 30th. FMC’s dividend payout ratio is currently -1.60%.

Institutional Investors Weigh In On FMC

A number of hedge funds have recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in FMC by 11.0% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 51,448 shares of the basic materials company’s stock valued at $2,171,000 after purchasing an additional 5,091 shares during the last quarter. Armistice Capital LLC bought a new position in shares of FMC in the third quarter valued at approximately $204,000. Entropy Technologies LP bought a new position in shares of FMC in the third quarter valued at approximately $267,000. Focus Partners Wealth boosted its holdings in shares of FMC by 137.7% in the 1st quarter. Focus Partners Wealth now owns 21,427 shares of the basic materials company’s stock worth $904,000 after acquiring an additional 12,414 shares in the last quarter. Finally, State of Tennessee Department of Treasury grew its position in FMC by 45.1% during the 2nd quarter. State of Tennessee Department of Treasury now owns 57,504 shares of the basic materials company’s stock worth $2,401,000 after acquiring an additional 17,878 shares during the last quarter. Institutional investors and hedge funds own 91.86% of the company’s stock.

Key Stories Impacting FMC

Here are the key news stories impacting FMC this week:

• Positive Sentiment: FMC reported second-quarter adjusted EBITDA of $153 million, above the high end of its guidance range, while cash from operations increased to $363 million. The company also raised free-cash-flow guidance to $75 million-$225 million, including a $200 million upfront payment from its rimisoxafen licensing agreement. FMC Corporation second-quarter 2026 results
• Positive Sentiment: FMC said asset-related actions—including the India business sale, the rimisoxafen licensing deal, a Newark property sale-leaseback and a Tessenderlo Group equity investment—could generate approximately $1 billion for debt reduction, potentially strengthening its balance sheet.
• Positive Sentiment: Fourth-quarter adjusted EPS guidance of $1.09-$1.33 is above the analyst consensus estimate of $1.03, suggesting some anticipated improvement late in the year.
• Neutral Sentiment: FMC concluded the strategic review announced in February without announcing a broader strategic transaction. The company said it remains focused on operational execution and its existing portfolio.
• Negative Sentiment: Second-quarter revenue fell 17% year over year to $867 million, organic revenue declined 22%, adjusted EPS dropped 62% to $0.26, and the company posted a $187 million GAAP net loss. Adjusted EBITDA also decreased 26% from the prior-year period. FMC second-quarter revenue report
• Negative Sentiment: Full-year 2026 adjusted EPS guidance was cut to $1.19-$1.49 from expectations of $1.68, while revenue guidance of $3.5 billion-$3.7 billion is below the $3.7 billion consensus. Adjusted EBITDA guidance was reduced to $620 million-$680 million.
• Negative Sentiment: Third-quarter guidance was particularly weak: adjusted EPS of $0.05-$0.13 versus consensus of $0.65, and revenue of $840 million-$900 million versus expectations of $950.7 million. The substantial near-term earnings shortfall is the primary reason for the negative investor reaction.

Analyst Upgrades and Downgrades

A number of analysts have commented on FMC shares. Royal Bank Of Canada reduced their price objective on FMC from $14.00 to $12.00 and set a “sector perform” rating for the company in a research report on Tuesday, July 21st. The Goldman Sachs Group upped their target price on FMC from $17.00 to $21.00 and gave the company a “buy” rating in a research note on Tuesday, April 14th. UBS Group raised their target price on FMC from $14.00 to $17.00 and gave the stock a “neutral” rating in a research report on Thursday, April 9th. BMO Capital Markets set a $14.00 price target on shares of FMC in a research note on Friday, July 3rd. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of FMC in a report on Friday, May 29th. Two analysts have rated the stock with a Buy rating, eight have given a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average price target of $15.38.

FMC Company Profile

FMC Corporation is a global agricultural sciences company specializing in the development, manufacture and marketing of crop protection products. Its portfolio includes herbicides, insecticides, fungicides and plant nutrition solutions designed to enhance crop yield, quality and sustainability. In addition to core crop protection, FMC delivers solutions for turf management and pest control in urban and industrial environments.

Founded in 1883 as the Bean Spray Pump Company and later known as Food Machinery Corporation, the business adopted the FMC name in 1948 and has since evolved through strategic acquisitions and divestitures.