TechnipFMC plc (NYSE:FTI – Get Free Report) EVP Luana Duffe sold 47,951 shares of the company’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $62.43, for a total transaction of $2,993,580.93. Following the completion of the transaction, the executive vice president directly owned 78,871 shares in the company, valued at $4,923,916.53. This trade represents a 37.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.
TechnipFMC Price Performance
FTI opened at $64.38 on Thursday. The company has a current ratio of 1.13, a quick ratio of 0.89 and a debt-to-equity ratio of 0.13. TechnipFMC plc has a 1 year low of $22.11 and a 1 year high of $68.29. The stock has a fifty day moving average price of $57.72 and a 200 day moving average price of $47.04. The stock has a market cap of $25.75 billion, a price-to-earnings ratio of 27.87, a PEG ratio of 1.20 and a beta of 0.70.
TechnipFMC (NYSE:FTI – Get Free Report) last announced its quarterly earnings results on Thursday, February 19th. The oil and gas company reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.19. TechnipFMC had a return on equity of 31.14% and a net margin of 9.70%.The business had revenue of $2.52 billion during the quarter, compared to analyst estimates of $2.54 billion. During the same period in the previous year, the company earned $0.54 EPS. The firm’s revenue was up 6.3% on a year-over-year basis. Analysts forecast that TechnipFMC plc will post 1.63 EPS for the current fiscal year.
TechnipFMC Dividend Announcement
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in the stock. Independent Advisor Alliance lifted its position in TechnipFMC by 0.3% in the fourth quarter. Independent Advisor Alliance now owns 61,262 shares of the oil and gas company’s stock worth $2,730,000 after purchasing an additional 184 shares during the period. Personal CFO Solutions LLC raised its stake in shares of TechnipFMC by 3.0% in the 4th quarter. Personal CFO Solutions LLC now owns 7,759 shares of the oil and gas company’s stock valued at $346,000 after buying an additional 225 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of TechnipFMC by 5.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 5,266 shares of the oil and gas company’s stock worth $235,000 after acquiring an additional 262 shares during the period. Kestra Advisory Services LLC boosted its position in shares of TechnipFMC by 2.8% during the 4th quarter. Kestra Advisory Services LLC now owns 11,353 shares of the oil and gas company’s stock valued at $506,000 after acquiring an additional 305 shares in the last quarter. Finally, Geneos Wealth Management Inc. increased its stake in TechnipFMC by 45.3% in the first quarter. Geneos Wealth Management Inc. now owns 1,090 shares of the oil and gas company’s stock valued at $35,000 after acquiring an additional 340 shares during the period. Institutional investors and hedge funds own 96.58% of the company’s stock.
Trending Headlines about TechnipFMC
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
Analyst Ratings Changes
Several research firms have recently issued reports on FTI. UBS Group set a $70.00 price target on TechnipFMC in a research note on Friday, February 20th. Weiss Ratings restated a “buy (b)” rating on shares of TechnipFMC in a report on Thursday, January 22nd. Susquehanna lifted their price target on shares of TechnipFMC from $56.00 to $71.00 and gave the company a “positive” rating in a research report on Friday, February 20th. HSBC downgraded shares of TechnipFMC from a “buy” rating to a “hold” rating and upped their price objective for the stock from $49.00 to $62.00 in a report on Friday, February 20th. Finally, Piper Sandler lifted their target price on shares of TechnipFMC from $49.00 to $52.00 and gave the stock an “overweight” rating in a report on Thursday, December 18th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $58.47.
Get Our Latest Analysis on FTI
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.
See Also
- Five stocks we like better than TechnipFMC
- How China Accidentally Created Its Own Rare Earth Rival
- I tried out Elon Musk’s new AI tech — it floored me
- Central banks just did something they haven’t done since 1967
- “I just bought 10,000 shares of a $5 stock…”
- Is Trump Done? Shocking leak…
Receive News & Ratings for TechnipFMC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TechnipFMC and related companies with MarketBeat.com's FREE daily email newsletter.
