TechnipFMC (NYSE:FTI) Cut to “Hold” at Zacks Research

TechnipFMC (NYSE:FTI) was downgraded by analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a report released on Monday,Zacks.com reports. Zacks Research also issued estimates for TechnipFMC’s Q4 2025 earnings at $0.49 EPS, FY2025 earnings at $2.25 EPS, Q2 2026 earnings at $0.61 EPS, Q3 2026 earnings at $0.65 EPS, Q4 2026 earnings at $0.67 EPS, FY2026 earnings at $2.42 EPS, Q1 2027 earnings at $0.69 EPS, Q2 2027 earnings at $0.68 EPS, Q3 2027 earnings at $0.70 EPS and FY2027 earnings at $2.85 EPS.

Several other brokerages have also issued reports on FTI. Barclays lifted their target price on shares of TechnipFMC from $51.00 to $53.00 and gave the company an “overweight” rating in a research report on Monday, October 27th. JPMorgan Chase & Co. increased their target price on TechnipFMC from $41.00 to $43.00 and gave the company an “overweight” rating in a report on Thursday, October 2nd. Royal Bank Of Canada lifted their price target on TechnipFMC from $40.00 to $47.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 28th. UBS Group reissued an “outperform” rating on shares of TechnipFMC in a research note on Tuesday, October 28th. Finally, Evercore ISI lifted their target price on shares of TechnipFMC from $42.00 to $46.00 and gave the stock an “outperform” rating in a research note on Friday, July 25th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $45.36.

TechnipFMC Stock Down 0.3%

Shares of FTI opened at $43.60 on Monday. The company has a current ratio of 1.13, a quick ratio of 0.90 and a debt-to-equity ratio of 0.14. The firm has a market cap of $17.64 billion, a P/E ratio of 19.47, a PEG ratio of 1.20 and a beta of 1.00. The stock’s 50 day moving average is $39.37 and its two-hundred day moving average is $35.58. TechnipFMC has a 12 month low of $22.11 and a 12 month high of $44.33.

TechnipFMC (NYSE:FTI) last announced its earnings results on Thursday, October 23rd. The oil and gas company reported $0.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.65 by $0.10. The firm had revenue of $2.65 billion for the quarter, compared to analyst estimates of $2.60 billion. TechnipFMC had a return on equity of 30.23% and a net margin of 9.67%.The business’s revenue was up 12.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.64 EPS. TechnipFMC has set its FY 2025 guidance at EPS. Analysts predict that TechnipFMC will post 1.63 earnings per share for the current fiscal year.

TechnipFMC declared that its board has authorized a stock repurchase plan on Wednesday, October 22nd that permits the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization permits the oil and gas company to purchase up to 13.3% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s board of directors believes its stock is undervalued.

Insider Activity

In other news, CEO Douglas J. Pferdehirt sold 80,304 shares of the firm’s stock in a transaction that occurred on Monday, September 22nd. The shares were sold at an average price of $38.35, for a total transaction of $3,079,658.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Thierry Conti sold 50,000 shares of the stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of $38.64, for a total value of $1,932,000.00. Following the completion of the transaction, the insider owned 56,352 shares of the company’s stock, valued at $2,177,441.28. The trade was a 47.01% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 876,603 shares of company stock valued at $33,832,588 in the last 90 days. Company insiders own 1.80% of the company’s stock.

Institutional Investors Weigh In On TechnipFMC

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Ameriprise Financial Inc. boosted its position in shares of TechnipFMC by 9.0% during the 1st quarter. Ameriprise Financial Inc. now owns 18,030,976 shares of the oil and gas company’s stock worth $571,583,000 after purchasing an additional 1,492,746 shares during the period. Massachusetts Financial Services Co. MA boosted its position in shares of TechnipFMC by 2.3% during the third quarter. Massachusetts Financial Services Co. MA now owns 10,374,192 shares of the oil and gas company’s stock worth $409,262,000 after buying an additional 232,491 shares during the period. AQR Capital Management LLC grew its stake in shares of TechnipFMC by 13.8% in the second quarter. AQR Capital Management LLC now owns 9,938,410 shares of the oil and gas company’s stock valued at $342,279,000 after buying an additional 1,202,713 shares in the last quarter. Boston Partners raised its holdings in shares of TechnipFMC by 267.5% in the 2nd quarter. Boston Partners now owns 9,669,433 shares of the oil and gas company’s stock valued at $333,041,000 after buying an additional 7,038,640 shares during the period. Finally, Invesco Ltd. lifted its stake in TechnipFMC by 18.0% during the 1st quarter. Invesco Ltd. now owns 7,458,847 shares of the oil and gas company’s stock worth $236,371,000 after acquiring an additional 1,136,554 shares in the last quarter. 96.58% of the stock is owned by hedge funds and other institutional investors.

About TechnipFMC

TechnipFMC plc engages in the energy projects, technologies, and systems and services businesses in Europe, Central Asia, North America, Latin America, the Asia Pacific, Africa, the Middle East, and internationally. It operates through two segments: Subsea and Surface Technologies. The Subsea segment engages in the design, engineering, procurement, manufacturing, fabrication, installation, and life of field services for subsea systems, subsea field infrastructure, and subsea pipe systems used in oil and gas production and transportation.