Mizuho Cuts FMC (NYSE:FMC) Price Target to $20.00

FMC (NYSE:FMC) had its price objective reduced by Mizuho from $21.00 to $20.00 in a research report released on Tuesday morning, MarketBeat Ratings reports. They currently have an outperform rating on the basic materials company’s stock.

Several other research analysts have also recently weighed in on FMC. The Goldman Sachs Group decreased their target price on FMC from $43.00 to $19.00 and set a “buy” rating for the company in a research note on Monday, November 3rd. Wall Street Zen lowered shares of FMC from a “hold” rating to a “sell” rating in a research report on Saturday, November 8th. Bank of America lowered their price objective on shares of FMC from $18.00 to $17.00 and set a “neutral” rating on the stock in a research note on Thursday, January 8th. JPMorgan Chase & Co. cut their target price on shares of FMC from $43.00 to $14.00 and set a “neutral” rating for the company in a research note on Monday, November 17th. Finally, UBS Group set a $14.00 target price on shares of FMC in a report on Friday, February 6th. Two analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, FMC currently has a consensus rating of “Reduce” and an average price target of $19.59.

FMC Stock Performance

Shares of FMC opened at $14.85 on Tuesday. The firm has a market capitalization of $1.86 billion, a PE ratio of -0.83, a P/E/G ratio of 1.34 and a beta of 0.65. The company has a quick ratio of 1.00, a current ratio of 1.32 and a debt-to-equity ratio of 1.32. The firm has a 50-day moving average price of $14.76 and a 200 day moving average price of $23.31. FMC has a 52-week low of $12.17 and a 52-week high of $44.78.

FMC (NYSE:FMC) last issued its quarterly earnings results on Wednesday, February 4th. The basic materials company reported $1.20 earnings per share for the quarter, missing analysts’ consensus estimates of $1.21 by ($0.01). FMC had a positive return on equity of 10.10% and a negative net margin of 64.57%.The company had revenue of $1.08 billion during 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 company’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, sell-side analysts anticipate that FMC will post 3.48 earnings per share for the current fiscal year.

FMC Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 2.2%. The ex-dividend date was Wednesday, December 31st. FMC’s payout ratio is presently -1.79%.

Institutional Trading of FMC

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

About FMC

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.