TechnipFMC (NYSE:FTI) EVP Justin Rounce Sells 172,276 Shares

TechnipFMC plc (NYSE:FTI) EVP Justin Rounce sold 172,276 shares of the company’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $62.10, for a total transaction of $10,698,339.60. Following the completion of the transaction, the executive vice president directly owned 119,667 shares of the company’s stock, valued at approximately $7,431,320.70. The trade was a 59.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

TechnipFMC Stock Performance

FTI opened at $64.38 on Thursday. The company has a market capitalization of $25.75 billion, a price-to-earnings ratio of 27.87, a P/E/G ratio of 1.20 and a beta of 0.70. The business’s 50-day moving average price is $57.72 and its two-hundred day moving average price is $47.04. TechnipFMC plc has a 1 year low of $22.11 and a 1 year high of $68.29. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.13 and a quick ratio of 0.89.

TechnipFMC (NYSE:FTI) last posted its quarterly earnings data on Thursday, February 19th. The oil and gas company reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.19. The company had revenue of $2.52 billion during the quarter, compared to analysts’ expectations of $2.54 billion. TechnipFMC had a return on equity of 31.14% and a net margin of 9.70%.TechnipFMC’s revenue for the quarter was up 6.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.54 earnings per share. Equities analysts expect that TechnipFMC plc will post 1.63 EPS for the current fiscal year.

TechnipFMC Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Tuesday, March 17th will be issued a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Tuesday, March 17th. TechnipFMC’s payout ratio is presently 8.66%.

Wall Street Analyst Weigh In

A number of research analysts recently commented on FTI shares. Weiss Ratings reiterated a “buy (b)” rating on shares of TechnipFMC in a research note on Thursday, January 22nd. Citigroup lifted their price objective on TechnipFMC from $48.00 to $76.00 and gave the company a “buy” rating in a report on Thursday, February 26th. Royal Bank Of Canada increased their target price on TechnipFMC from $47.00 to $70.00 and gave the stock an “outperform” rating in a report on Friday, February 20th. The Goldman Sachs Group raised their price target on TechnipFMC from $55.00 to $66.00 and gave the stock a “buy” rating in a research report on Wednesday, March 4th. Finally, Susquehanna boosted their price target on TechnipFMC from $56.00 to $71.00 and gave the company a “positive” rating in a research note on Friday, February 20th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $58.47.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of FTI. AE Wealth Management LLC grew its stake in TechnipFMC by 38.0% during the third quarter. AE Wealth Management LLC now owns 183,603 shares of the oil and gas company’s stock valued at $7,243,000 after acquiring an additional 50,593 shares in the last quarter. Lingohr Asset Management GmbH lifted its stake in TechnipFMC by 461.7% in the 3rd quarter. Lingohr Asset Management GmbH now owns 212,295 shares of the oil and gas company’s stock worth $8,375,000 after purchasing an additional 174,500 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in TechnipFMC by 80.6% in the 3rd quarter. Bank of New York Mellon Corp now owns 3,172,213 shares of the oil and gas company’s stock valued at $125,144,000 after purchasing an additional 1,415,621 shares during the period. Rothschild Investment LLC boosted its holdings in TechnipFMC by 25,468.9% in the 3rd quarter. Rothschild Investment LLC now owns 11,506 shares of the oil and gas company’s stock valued at $454,000 after purchasing an additional 11,461 shares during the period. Finally, New York State Common Retirement Fund grew its position in shares of TechnipFMC by 8.4% during the 3rd quarter. New York State Common Retirement Fund now owns 305,535 shares of the oil and gas company’s stock valued at $12,053,000 after purchasing an additional 23,600 shares in the last quarter. Institutional investors and hedge funds own 96.58% of the company’s stock.

TechnipFMC News Roundup

Here are the key news stories impacting TechnipFMC this week:

• Positive Sentiment: Zacks highlights a chart “hammer” pattern and improving earnings estimate revisions for FTI, suggesting the stock may have found near-term support and could be poised for a reversal. Here’s Why FMC Technologies (FTI) Looks Ripe for Bottom Fishing
• Positive Sentiment: Zacks also profiles FTI as a strong growth candidate based on style scores (earnings growth, momentum measures), which could attract growth-oriented buyers if momentum resumes. Here’s Why FMC Technologies (FTI) is a Strong Growth Stock
• Neutral Sentiment: A broader Zacks momentum screener piece lists high-momentum names; it is a market-context item rather than company-specific news, so its immediate impact on FTI is unclear. 3 High-Momentum Stocks Poised for Big Gains Right Now
• Negative Sentiment: Large, coordinated insider sales by multiple senior executives are the most market-moving item: CEO Douglas Pferdehirt sold 733,424 shares (~$45.65M at ~$62.24), CFO Alf Melin sold ~127,275 shares across filings (~$7.9M), EVP Justin Rounce sold 172,276 shares (~$10.7M), EVP Luana Duffe sold 47,951 shares (~$3.0M), insider Jonathan Landes sold 116,194 shares (~$7.23M), and CAO David Light sold 6,622 shares (~$413k). These transactions materially reduced insider holdings (many >20–50% reductions) and are likely weighing on sentiment. SEC filings: CEO Filing CFO Filings Luana Duffe Filing Jonathan Landes Filing Justin Rounce Filing David Light Filing

About TechnipFMC

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.