Royal Bank Of Canada Cuts FMC (NYSE:FMC) Price Target to $14.00

FMC (NYSE:FMCGet Free Report) had its price objective lowered by Royal Bank Of Canada from $16.00 to $14.00 in a research note issued on Friday,MarketScreener reports. The firm currently has a “sector perform” rating on the basic materials company’s stock. Royal Bank Of Canada’s price target points to a potential upside of 0.96% from the stock’s previous close.

FMC has been the topic of a number of other reports. Morgan Stanley dropped their price target on shares of FMC from $38.00 to $17.00 and set an “equal weight” rating on the stock in a research report on Monday, November 3rd. Wells Fargo & Company set a $14.00 price target on shares of FMC in a report on Friday. Mizuho dropped their target price on shares of FMC from $24.00 to $21.00 and set an “outperform” rating on the stock in a report on Friday, January 16th. Citigroup upped their price target on FMC from $14.00 to $16.00 and gave the company a “neutral” rating in a report on Wednesday, January 21st. Finally, JPMorgan Chase & Co. decreased their target price on shares of FMC from $43.00 to $14.00 and set a “neutral” rating for the company in a report on Monday, November 17th. Two research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $22.38.

Read Our Latest Analysis on FMC

FMC Stock Up 1.4%

NYSE FMC traded up $0.20 on Friday, reaching $13.87. The company had a trading volume of 533,407 shares, compared to its average volume of 4,588,151. The firm has a 50-day moving average of $14.49 and a 200-day moving average of $25.18. FMC has a 1 year low of $12.17 and a 1 year high of $44.78. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.40 and a quick ratio of 1.05. The firm has a market capitalization of $1.73 billion, a PE ratio of -0.77, a P/E/G ratio of 1.01 and a beta of 0.65.

FMC (NYSE:FMCGet Free Report) last posted its quarterly earnings results on Wednesday, February 4th. The basic materials company reported $1.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.21 by ($0.01). FMC had a negative net margin of 64.57% and a positive return on equity of 8.83%. The firm had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.15 billion. During the same period in the prior year, the company posted $1.79 earnings per share. The business’s revenue was down 11.5% on a year-over-year basis. FMC has set its Q1 2026 guidance at -0.440–0.320 EPS and its FY 2026 guidance at 1.630-1.890 EPS. On average, equities research analysts anticipate that FMC will post 3.48 EPS for the current fiscal year.

Insider Activity at FMC

In other news, Director John Mitchell Raines acquired 7,000 shares of FMC stock in a transaction dated Thursday, November 13th. The stock was acquired at an average cost of $13.77 per share, for a total transaction of $96,390.00. Following the completion of the purchase, the director owned 13,784 shares of the company’s stock, valued at $189,805.68. This represents a 103.18% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. 0.67% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On FMC

Large investors have recently made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of FMC by 11.0% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 51,448 shares of the basic materials company’s stock worth $2,171,000 after purchasing an additional 5,091 shares in the last quarter. Focus Partners Wealth lifted its position in shares of FMC by 137.7% during the first quarter. Focus Partners Wealth now owns 21,427 shares of the basic materials company’s stock worth $904,000 after purchasing an additional 12,414 shares in the last quarter. Steel Grove Capital Advisors LLC lifted its holdings in FMC by 28.4% during the 2nd quarter. Steel Grove Capital Advisors LLC now owns 45,296 shares of the basic materials company’s stock worth $1,891,000 after buying an additional 10,018 shares in the last quarter. Creative Financial Designs Inc. ADV lifted its stake in shares of FMC by 180.1% during the second quarter. Creative Financial Designs Inc. ADV now owns 815 shares of the basic materials company’s stock valued at $34,000 after acquiring an additional 524 shares during the period. Finally, SG Americas Securities LLC lifted its position in FMC by 67.1% during the 2nd quarter. SG Americas Securities LLC now owns 25,038 shares of the basic materials company’s stock valued at $1,045,000 after purchasing an additional 10,056 shares during the period. Institutional investors and hedge funds own 91.86% of the company’s stock.

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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.

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