FMC (NYSE:FMC) Hits New 52-Week Low – Here’s Why

FMC Corporation (NYSE:FMCGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $10.68 and last traded at $10.8280, with a volume of 849838 shares trading hands. The stock had previously closed at $10.89.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on FMC shares. Wall Street Zen cut FMC from a “hold” rating to a “sell” rating in a research report on Sunday, July 5th. JPMorgan Chase & Co. raised their target price on FMC from $15.00 to $16.00 and gave the company a “neutral” rating in a report on Friday, May 1st. Royal Bank Of Canada dropped their price target on FMC from $17.00 to $14.00 and set a “sector perform” rating on the stock in a research report on Thursday, June 11th. Citigroup cut their price target on FMC from $17.00 to $14.00 and set a “neutral” rating for the company in a report on Monday, June 22nd. Finally, BMO Capital Markets set a $14.00 price objective on shares of FMC in a research note on Friday, July 3rd. Two equities research 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. Based on data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus target price of $19.50.

Read Our Latest Report on FMC

FMC Stock Performance

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 market cap of $1.36 billion, a P/E ratio of -0.54 and a beta of 0.38. The stock’s 50 day moving average is $12.42 and its two-hundred day moving average is $14.23.

FMC (NYSE:FMCGet Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The basic materials company reported ($0.23) EPS for the quarter, topping analysts’ consensus estimates of ($0.39) by $0.16. The firm had revenue of $762.40 million during the quarter, compared to analysts’ expectations of $745.42 million. FMC had a negative net margin of 72.93% and a positive return on equity of 10.53%. The company’s revenue for the quarter was down 4.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.18 earnings per share. FMC has set its FY 2026 guidance at 1.630-1.890 EPS and its Q2 2026 guidance at 0.160-0.260 EPS. As a group, equities analysts predict that FMC Corporation will post 1.65 EPS for the current year.

FMC Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 16th. Investors of record on Tuesday, June 30th will be given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 2.9%. The ex-dividend date is Tuesday, June 30th. FMC’s dividend payout ratio (DPR) is -1.60%.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Glenmede Trust Co. NA grew its holdings in shares of FMC by 14.9% during the first quarter. Glenmede Trust Co. NA now owns 12,427 shares of the basic materials company’s stock worth $214,000 after purchasing an additional 1,614 shares during the last quarter. Root Financial Partners LLC increased its position in FMC by 3,642.9% in the 1st quarter. Root Financial Partners LLC now owns 1,834 shares of the basic materials company’s stock valued at $32,000 after acquiring an additional 1,785 shares in the last quarter. Essential Partners LLC acquired a new stake in FMC in the 1st quarter valued at about $43,000. Parallel Advisors LLC increased its holdings in shares of FMC by 297.2% in the first quarter. Parallel Advisors LLC now owns 6,264 shares of the basic materials company’s stock valued at $108,000 after purchasing an additional 4,687 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of FMC by 11.0% in 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 buying an additional 5,091 shares during the period. 91.86% of the stock is currently owned by institutional investors and hedge funds.

About FMC

(Get Free Report)

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.

Further Reading

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