FMC (NYSE:FMC) Trading Down 8% After Analyst Downgrade

FMC Corporation (NYSE:FMC) shares fell 8% during trading on Friday after Citigroup lowered their price target on the stock from $14.00 to $12.00. Citigroup currently has a neutral rating on the stock. FMC traded as low as $10.94 and last traded at $10.8780. Approximately 1,039,845 shares changed hands during trading, a decline of 74% from the average daily volume of 3,927,537 shares. The stock had previously closed at $11.83.

Several other research firms have also recently weighed in on FMC. JPMorgan Chase & Co. decreased their price target on FMC from $16.00 to $12.00 and set a “neutral” rating for the company in a research note on Friday. Barclays dropped their price objective on FMC from $13.00 to $11.00 and set an “underweight” rating on the stock in a research report on Monday, July 27th. Mizuho set a $16.00 target price on shares of FMC in a research note on Tuesday, July 14th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of FMC in a report on Friday, May 29th. Finally, Vertical Research lowered shares of FMC from a “hold” rating to a “sell” rating and set a $14.00 price target for the company. in a research note on Wednesday, April 22nd. Two analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Reduce” and a consensus target price of $14.33.

More FMC News

Here are the key news stories impacting FMC this week:

• Positive Sentiment: FMC reported second-quarter adjusted EPS of $0.26, above the $0.21 consensus estimate. Adjusted EBITDA of $153 million exceeded the high end of management’s guidance, while operating cash flow rose to $363 million. FMC Q2 Earnings Beat Estimates on Favorable Costs, Revenues Miss
• Positive Sentiment: Management expects actions including the India business sale, a rimisoxafen licensing agreement, a Newark property sale-leaseback and a Tessenderlo Group investment to generate approximately $1 billion for debt repayment. The company also raised its free-cash-flow target to $75 million-$225 million, including a $200 million licensing payment. FMC Corporation Reports Second Quarter 2026 Results
• Neutral Sentiment: JPMorgan lowered its FMC price target from $16 to $12 and changed its rating to Neutral. The revised target still implies potential upside from the recent share price, but signals limited conviction in a near-term recovery. Benzinga Analyst Update
• Negative Sentiment: Second-quarter revenue fell 17% year over year to $867 million, while adjusted EPS declined 62% from $0.69 a year earlier. FMC cited weaker pricing, volumes and a difficult macroeconomic environment; it also posted a $187 million GAAP net loss. FMC Q2 Revenue Falls 17 Percent
• Negative Sentiment: Full-year 2026 guidance was cut to revenue of $3.5 billion-$3.7 billion, adjusted EBITDA of $620 million-$680 million and adjusted EPS of $1.19-$1.49, well below the $1.68 analyst EPS consensus. Third-quarter EPS guidance of $0.05-$0.13 is also substantially below expectations. FMC Forecasts 2026 Adjusted EPS

Institutional Trading of FMC

A number of hedge funds have recently bought and sold shares of the company. Handelsbanken Fonder AB boosted its position in FMC by 67.1% in the second quarter. Handelsbanken Fonder AB now owns 58,000 shares of the basic materials company’s stock worth $667,000 after purchasing an additional 23,300 shares during the last quarter. Glenmede Trust Co. NA increased its position in shares of FMC by 14.9% during the 1st quarter. Glenmede Trust Co. NA now owns 12,427 shares of the basic materials company’s stock valued at $214,000 after purchasing an additional 1,614 shares during the last quarter. Essential Partners LLC bought a new position in shares of FMC in the 1st quarter worth approximately $43,000. EverSource Wealth Advisors LLC lifted its stake in shares of FMC by 3,714.8% in the 1st 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 during the period. Finally, Entropy Technologies LP purchased a new position in shares of FMC in the first quarter worth approximately $1,401,000. Hedge funds and other institutional investors own 91.86% of the company’s stock.

FMC Stock Performance

The business’s fifty day moving average is $11.60 and its 200-day moving average is $13.90. The company has a quick ratio of 0.96, a current ratio of 1.99 and a debt-to-equity ratio of 2.38. The company has a market cap of $1.34 billion, a PE ratio of -0.49 and a beta of 0.38.

FMC (NYSE:FMC) last announced its earnings results on Wednesday, July 29th. The basic materials company reported $0.26 EPS for the quarter, beating analysts’ consensus estimates of $0.22 by $0.04. FMC had a negative net margin of 84.83% and a positive return on equity of 11.35%. The business had revenue of $841.40 million during the quarter, compared to analysts’ expectations of $895.14 million. During the same period in the prior year, the company earned $0.69 earnings per share. The firm’s revenue was down 17.5% on a year-over-year basis. As a group, research analysts predict that FMC Corporation will post 1.47 EPS for the current fiscal year.

FMC Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be paid a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 3.0%. The ex-dividend date is Wednesday, September 30th. FMC’s dividend payout ratio is -1.45%.

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.