FMC Corporation (NYSE:FMC – Get Free Report) shares were up 15.7% during mid-day trading on Thursday after the company announced better than expected quarterly earnings. The company traded as high as $11.54 and last traded at $11.5860. Approximately 4,505,771 shares changed hands during mid-day trading, an increase of 15% from the average session volume of 3,910,558 shares. The stock had previously closed at $10.01.
The basic materials company reported $0.26 EPS for the quarter, topping the consensus estimate of $0.21 by $0.05. The company had revenue of $841.40 million during the quarter, compared to analyst estimates of $895.14 million. FMC had a positive return on equity of 10.53% and a negative net margin of 72.93%.The firm’s revenue was down 17.5% on a year-over-year basis. During the same quarter last year, the business posted $0.69 earnings per share.
FMC Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be issued a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Wednesday, September 30th. FMC’s dividend payout ratio is presently -1.60%.
FMC News Roundup
- Positive Sentiment: Adjusted EBITDA exceeded guidance: FMC reported second-quarter adjusted EPS of $0.26, above the $0.21 consensus estimate, while adjusted EBITDA of $153 million came in above the high end of management’s guidance range. FMC Tops Q2 Earnings Estimates
- Positive Sentiment: Cash flow and debt-reduction measures provided support: Cash from operations rose to $363 million. FMC also expects transactions—including the India business sale, a rimisoxafen licensing deal, a Newark property sale-leaseback and a Tessenderlo Group investment—to generate approximately $1 billion for debt paydown. Free-cash-flow guidance was raised to $75 million-$225 million, including a $200 million upfront licensing payment. FMC Second-Quarter 2026 Results
- Positive Sentiment: An FMC insider, Michael F. Barry, purchased 18,072 shares in the past six months, a potentially supportive signal of management confidence.
- Neutral Sentiment: FMC’s board concluded the strategic review announced in February, but the company did not announce a transformative transaction or other major strategic change.
- Negative Sentiment: Operating results remained weak: Second-quarter revenue fell 17% year over year to $867 million, or $841 million excluding India, while organic revenue declined 22%. Adjusted EPS dropped 62% from $0.69 a year earlier, and FMC posted a $187 million GAAP net loss. FMC Q2 Revenue Falls 17 Percent
- Negative Sentiment: Full-year and third-quarter guidance were cut below analyst expectations: 2026 adjusted EPS guidance was reduced to $1.19-$1.49 versus a $1.68 consensus, and revenue guidance was lowered to $3.50 billion-$3.70 billion. Third-quarter EPS guidance of $0.05-$0.13 was substantially below the $0.65 consensus, with revenue also forecast below estimates.
Analyst Upgrades and Downgrades
Several analysts have recently weighed in on FMC shares. Wall Street Zen downgraded FMC from a “hold” rating to a “sell” rating in a research report on Sunday, July 5th. Wells Fargo & Company raised their price target on shares of FMC from $14.00 to $17.00 and gave the stock an “equal weight” rating in a research note on Tuesday, April 21st. BMO Capital Markets set a $14.00 price objective on shares of FMC in a report on Friday, July 3rd. Vertical Research downgraded shares of FMC from a “hold” rating to a “sell” rating and set a $14.00 target price on the stock. in a research note on Wednesday, April 22nd. Finally, Zacks Research lowered shares of FMC from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 1st. Two analysts have rated the stock with a Buy rating, eight have given a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, FMC presently has an average rating of “Reduce” and an average target price of $15.38.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Root Financial Partners LLC lifted its holdings in FMC by 3,642.9% during the first quarter. Root Financial Partners LLC now owns 1,834 shares of the basic materials company’s stock worth $32,000 after buying an additional 1,785 shares during the period. Essential Partners LLC bought a new stake in FMC during the first quarter valued at about $43,000. Parallel Advisors LLC lifted its position in shares of FMC by 297.2% during the first quarter. Parallel Advisors LLC now owns 6,264 shares of the basic materials company’s stock valued at $108,000 after buying an additional 4,687 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in shares of FMC by 3,714.8% during the first quarter. EverSource Wealth Advisors LLC now owns 9,041 shares of the basic materials company’s stock worth $156,000 after purchasing an additional 8,804 shares in the last quarter. Finally, Armistice Capital LLC acquired a new position in FMC during the 3rd quarter valued at about $204,000. 91.86% of the stock is currently owned by institutional investors.
FMC Stock Performance
The firm has a market cap of $1.45 billion, a price-to-earnings ratio of -0.58 and a beta of 0.38. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.29 and a quick ratio of 0.96. The firm has a fifty day simple moving average of $11.68 and a two-hundred day simple moving average of $13.95.
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.
Featured Articles
- Five stocks we like better than FMC
- Why NXP Semiconductors Could Be the AI Stock Everyone Is Missing
- Powering Up: NextEra and Brookfield Build an Off-Grid Empire
- DoorDash’s Drone Certification Could Reshape Its Delivery Margins
- 2 Unique Space ETFs That Could Upend the Industry
Receive News & Ratings for FMC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FMC and related companies with MarketBeat.com's FREE daily email newsletter.
