TechnipFMC (NYSE:FTI) Posts Quarterly Earnings Results, Beats Expectations By $0.07 EPS

TechnipFMC (NYSE:FTI) issued its quarterly earnings results on Thursday. The oil and gas company reported $0.64 EPS for the quarter, beating the consensus estimate of $0.57 by $0.07, FiscalAI reports. The business had revenue of $2.49 billion during the quarter, compared to the consensus estimate of $2.52 billion. TechnipFMC had a net margin of 10.62% and a return on equity of 34.08%. The firm’s quarterly revenue was up 11.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.33 EPS.

Here are the key takeaways from TechnipFMC’s conference call:

• TechnipFMC delivered strong Q1 financials with revenue of $2.5 billion, adjusted EBITDA of $453 million (18.2% ex?FX), free cash flow of $277 million, a net cash position of $540 million, and $285 million returned to shareholders via buybacks/dividends.
• Subsea commercial momentum remains robust — the company logged $1.9 billion of Subsea orders in Q1, its 24?month Subsea opportunity list rose to roughly $30 billion (7th consecutive quarterly increase), and management reaffirmed a $10 billion Subsea orders target for 2026 with a further step?up expected in 2027.
• Rapid adoption of Subsea 2.0 and iEPCI is driving efficiency gains — ~80% of new orders are Subsea 2.0 and management expects roughly half of 2027 revenue to come from Subsea 2.0, supporting higher margins and shorter cycle times.
• Surface Technologies showed sequential softness (revenue down 12% q/q) and Q2 is expected to decline slightly due mainly to project timing in the Middle East, with management warning full?year Surface revenue could be modestly lower even as EBITDA dollars are expected to remain in line via margin mix.

TechnipFMC Stock Up 0.3%

FTI stock traded up $0.20 during midday trading on Friday, reaching $75.77. The company had a trading volume of 5,761,633 shares, compared to its average volume of 3,339,472. TechnipFMC has a 1 year low of $28.87 and a 1 year high of $77.78. The company has a current ratio of 1.13, a quick ratio of 0.89 and a debt-to-equity ratio of 0.11. The company has a market capitalization of $30.43 billion, a P/E ratio of 32.80, a PEG ratio of 1.54 and a beta of 0.74. The company has a 50 day moving average of $69.08 and a two-hundred day moving average of $54.98.

TechnipFMC Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 3rd. Shareholders of record on Tuesday, May 19th will be given a $0.05 dividend. The ex-dividend date is Tuesday, May 19th. This represents a $0.20 dividend on an annualized basis and a yield of 0.3%. TechnipFMC’s dividend payout ratio is presently 8.66%.

Insider Buying and Selling

In other TechnipFMC news, CFO Alf Melin sold 43,554 shares of the stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $63.13, for a total value of $2,749,564.02. Following the completion of the sale, the chief financial officer owned 238,983 shares in the company, valued at $15,086,996.79. This represents a 15.42% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Rousset Sophie Zurquiyah sold 6,350 shares of the stock in a transaction on Tuesday, March 24th. The stock was sold at an average price of $69.32, for a total transaction of $440,182.00. Following the transaction, the director owned 59,887 shares in the company, valued at approximately $4,151,366.84. This trade represents a 9.59% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 1,216,442 shares of company stock worth $75,762,414. Insiders own 1.40% of the company’s stock.

Institutional Investors Weigh In On TechnipFMC

A number of large investors have recently bought and sold shares of the business. Compound Planning Inc. increased its position in TechnipFMC by 17.8% during the fourth quarter. Compound Planning Inc. now owns 10,417 shares of the oil and gas company’s stock worth $464,000 after buying an additional 1,573 shares during the last quarter. Invesco Ltd. increased its position in TechnipFMC by 64.9% during the fourth quarter. Invesco Ltd. now owns 11,272,089 shares of the oil and gas company’s stock worth $502,284,000 after buying an additional 4,437,960 shares during the last quarter. Axxcess Wealth Management LLC acquired a new position in TechnipFMC during the fourth quarter worth $358,000. Corient Private Wealth LLC increased its position in TechnipFMC by 94.3% during the fourth quarter. Corient Private Wealth LLC now owns 14,228 shares of the oil and gas company’s stock worth $635,000 after buying an additional 6,906 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV increased its position in TechnipFMC by 35.2% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 161,280 shares of the oil and gas company’s stock worth $7,187,000 after buying an additional 41,948 shares during the last quarter. 96.58% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

FTI has been the subject of several research analyst reports. UBS Group set a $70.00 price target on shares of TechnipFMC in a research report on Friday, February 20th. Royal Bank Of Canada upped their price target on shares of TechnipFMC from $78.00 to $80.00 and gave the company an “outperform” rating in a research report on Friday. HSBC downgraded shares of TechnipFMC from a “buy” rating to a “hold” rating and upped their price target for the company from $49.00 to $62.00 in a research report on Friday, February 20th. The Goldman Sachs Group upped their price target on shares of TechnipFMC from $66.00 to $75.00 and gave the company a “buy” rating in a research report on Wednesday, April 15th. Finally, BMO Capital Markets increased their target price on shares of TechnipFMC from $52.00 to $67.00 and gave the stock a “market perform” rating in a research report on Monday, February 23rd. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $65.40.

Key Headlines Impacting TechnipFMC

Here are the key news stories impacting TechnipFMC this week:

• Positive Sentiment: Major brokerages raised targets and ratings — Susquehanna bumped its target to $90 (positive rating) and RBC raised its target to $80 with an “outperform” call; those upgrades support further upside and helped lift sentiment. Benzinga The Fly
• Positive Sentiment: Q1 EPS topped estimates — TechnipFMC reported $0.64 EPS vs. $0.57 consensus, showing margin improvement and stronger profitability versus last year; that beat is a clear near-term positive for the stock. Zacks EPS Beat
• Positive Sentiment: Momentum and growth narrative — Coverage noting a 52?week high and a bullish growth case (better-than-average financial growth) supports momentum trading and longer-term conviction. Zacks 52?week high Zacks growth note
• Neutral Sentiment: FY revenue guidance is a mixed/tepid signal — management reiterated a FY revenue range (~$10.4B–$10.9B) roughly centered on consensus, which tempers both upside surprise and downside risk; investors will watch execution against that band. Slide deck
• Neutral Sentiment: Analyst and press coverage increases visibility — multiple writeups and the earnings presentation raise investor attention (can amplify moves in either direction). Seeking Alpha
• Negative Sentiment: Revenue narrowly missed expectations — Q1 sales were $2.49B vs. $2.52B consensus, which offsets some of the positive EPS reaction and keeps focus on backlog and order flow. Yahoo Finance
• Negative Sentiment: Short-term volatility possible after the print — despite outperforming peers in some coverage, mixed top-line and guidance breadth mean profit-taking or rotation could occur even as brokers raise targets. MarketWatch

TechnipFMC Company Profile

TechnipFMC is an integrated oilfield services and technology company that designs, manufactures and delivers systems and services for the energy industry. The company’s activities span the full lifecycle of oil and gas projects, with capabilities in subsea production systems, surface wellhead and intervention equipment, and onshore/offshore engineering and construction. TechnipFMC combines engineering and project management with fabrication, installation and maintenance services to help operators develop and produce hydrocarbon resources.

Its product and service portfolio includes subsea hardware such as trees, manifolds, umbilicals, risers and flowlines, as well as surface equipment for drilling, completions and well intervention.