FMC (NYSE:FMC) Stock Price Down 3.8% – Should You Sell?

FMC Corporation (NYSE:FMC) dropped 3.8% during trading on Friday . The company traded as low as $11.60 and last traded at $11.6250. 314,501 shares traded hands during trading, a decline of 92% from the average daily volume of 3,790,327 shares. The stock had previously closed at $12.08.

FMC News Summary

Here are the key news stories impacting FMC this week:

• Positive Sentiment: KeyCorp initiated coverage of FMC Corporation with an “overweight” rating and a $16.00 price target, implying roughly 38%–40% upside from recent trading levels. The firm also issued a “Strong Buy” rating and projected FY2028 EPS of $2.05, well above the current-year consensus estimate of $1.27. The forecast suggests expectations for a substantial earnings recovery. KeyCorp FMC coverage and earnings forecast
• Positive Sentiment: The broader analyst consensus remains more constructive than the recent share price, with an average price target of approximately $14.25 versus trading levels near $11–$12. This indicates potential upside if FMC’s profitability improves as expected. FMC analyst price target
• Neutral Sentiment: Corporate controller Nicholas Pfeiffer sold 1,251 shares for approximately $15,988, reducing his direct holdings by 4.2% to 28,513 shares. The relatively small transaction is a modest negative signal but does not, by itself, establish a change in management’s outlook. FMC insider sale SEC filing
• Negative Sentiment: Recent fundamentals remain challenging: FMC’s latest quarterly revenue fell 17.5% year over year to $841.4 million, missing estimates, while EPS declined from the prior-year period. The company also carries elevated leverage, which could increase the risk surrounding the anticipated recovery.
• Neutral Sentiment: Several reports about vulnerabilities in Cisco Secure FMC concern Cisco’s security-management platform, not FMC Corporation. Similarly, stories involving the Federal Maritime Commission or TechnipFMC are unrelated companies and should not affect FMC shares.

Analyst Upgrades and Downgrades

FMC has been the topic of several recent research reports. The Goldman Sachs Group reaffirmed a “buy” rating and set a $18.00 target price on shares of FMC in a research report on Friday, July 31st. Royal Bank Of Canada reduced their target price on shares of FMC from $12.00 to $11.00 and set a “sector perform” rating for the company in a report on Monday, August 3rd. Morgan Stanley reduced their price objective on shares of FMC from $15.50 to $12.00 and set an “equal weight” rating for the company in a research note on Friday, July 31st. 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, July 31st. Finally, Citigroup reissued a “buy” rating on shares of FMC in a report on Tuesday, August 4th. Four research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, FMC has a consensus rating of “Hold” and a consensus target price of $14.38.

FMC Stock Performance

The firm’s 50 day moving average is $11.20 and its 200-day moving average is $13.05. The stock has a market capitalization of $1.42 billion, a price-to-earnings ratio of -0.52 and a beta of 0.41. The company has a debt-to-equity ratio of 2.38, a quick ratio of 1.48 and a current ratio of 1.99.

FMC (NYSE:FMC) last issued its quarterly earnings data on Wednesday, July 29th. The basic materials company reported $0.26 EPS for the quarter, beating the consensus estimate of $0.22 by $0.04. FMC had a positive return on equity of 11.35% and a negative net margin of 84.83%.The company had revenue of $841.40 million for the quarter, compared to analyst estimates of $895.14 million. During the same period last year, the company earned $0.69 earnings per share. FMC’s quarterly revenue was down 17.5% compared to the same quarter last year. Analysts forecast that FMC Corporation will post 1.27 earnings per share for the current fiscal year.

FMC Dividend Announcement

The firm also recently announced 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 2.8%. The ex-dividend date of this dividend is Wednesday, September 30th. FMC’s payout ratio is -1.45%.

Institutional Investors Weigh In On FMC

A number of hedge funds have recently modified their holdings of FMC. California State Teachers Retirement System raised its position in FMC by 1,022.7% in the second quarter. California State Teachers Retirement System now owns 1,861,482 shares of the basic materials company’s stock valued at $21,407,000 after purchasing an additional 1,695,683 shares during the period. Bank of New York Mellon Corp acquired a new position in shares of FMC in the 2nd quarter worth approximately $8,498,000. AXQ Capital LP boosted its position in shares of FMC by 109.9% during the 2nd quarter. AXQ Capital LP now owns 366,661 shares of the basic materials company’s stock worth $4,217,000 after purchasing an additional 191,945 shares during the period. Wellington Management Group LLP boosted its position in shares of FMC by 142.4% during the 2nd quarter. Wellington Management Group LLP now owns 235,089 shares of the basic materials company’s stock worth $2,704,000 after purchasing an additional 138,098 shares during the period. Finally, SG Americas Securities LLC increased its holdings in FMC by 6.7% in the 1st quarter. SG Americas Securities LLC now owns 213,656 shares of the basic materials company’s stock valued at $3,679,000 after purchasing an additional 13,330 shares during the last quarter. 91.86% of the stock is currently owned by institutional investors and hedge funds.

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.