Janus Henderson Group PLC grew its holdings in TechnipFMC plc (NYSE:FTI – Free Report) by 28.6% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 924,838 shares of the oil and gas company’s stock after acquiring an additional 205,637 shares during the period. Janus Henderson Group PLC’s holdings in TechnipFMC were worth $63,957,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also made changes to their positions in the business. Focus Partners Wealth raised its position in TechnipFMC by 27.2% in the first quarter. Focus Partners Wealth now owns 24,120 shares of the oil and gas company’s stock valued at $764,000 after purchasing an additional 5,161 shares during the period. Geneos Wealth Management Inc. boosted its position in shares of 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 worth $35,000 after buying an additional 340 shares during the period. Sivia Capital Partners LLC grew its stake in shares of TechnipFMC by 76.1% in the second quarter. Sivia Capital Partners LLC now owns 14,764 shares of the oil and gas company’s stock valued at $508,000 after buying an additional 6,381 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of TechnipFMC by 132.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 5,449 shares of the oil and gas company’s stock valued at $188,000 after buying an additional 3,105 shares in the last quarter. Finally, Ossiam raised its holdings in shares of TechnipFMC by 52.0% during the 2nd quarter. Ossiam now owns 1,597 shares of the oil and gas company’s stock valued at $55,000 after buying an additional 546 shares during the period. Institutional investors and hedge funds own 96.58% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research firms recently commented on FTI. The Goldman Sachs Group reissued a “buy” rating on shares of TechnipFMC in a research report on Wednesday, June 3rd. Barclays increased their price objective on shares of TechnipFMC from $70.00 to $87.00 and gave the company an “overweight” rating in a research report on Friday, May 8th. UBS Group set a $80.00 target price on shares of TechnipFMC in a research report on Wednesday, June 3rd. Royal Bank Of Canada upped their target price on shares of TechnipFMC from $78.00 to $80.00 and gave the company an “outperform” rating in a research note on Friday, May 1st. Finally, Zacks Research lowered shares of TechnipFMC from a “strong-buy” rating to a “hold” rating in a report on Monday, May 4th. Thirteen analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $69.64.
TechnipFMC Trading Up 4.0%
NYSE:FTI opened at $71.66 on Friday. The stock has a market cap of $28.57 billion, a price-to-earnings ratio of 24.88, a price-to-earnings-growth ratio of 1.51 and a beta of 0.70. TechnipFMC plc has a one year low of $34.27 and a one year high of $77.92. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.88 and a current ratio of 1.08. The business’s 50-day simple moving average is $69.48 and its 200 day simple moving average is $66.98.
TechnipFMC (NYSE:FTI – Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The oil and gas company reported $0.91 earnings per share for the quarter, beating analysts’ consensus estimates of $0.80 by $0.11. TechnipFMC had a return on equity of 36.54% and a net margin of 11.28%.The firm had revenue of $2.76 billion during the quarter, compared to analyst estimates of $2.67 billion. During the same quarter last year, the firm earned $0.68 EPS. TechnipFMC’s quarterly revenue was up 9.0% on a year-over-year basis. As a group, sell-side analysts predict that TechnipFMC plc will post 3.02 earnings per share for the current fiscal year.
TechnipFMC Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 2nd. Investors of record on Tuesday, August 18th will be paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Tuesday, August 18th. TechnipFMC’s payout ratio is 7.63%.
Key TechnipFMC News
Here are the key news stories impacting TechnipFMC this week:
- Positive Sentiment: Q2 results exceeded expectations: Adjusted earnings were $0.91 per share versus the $0.80 analyst consensus, while revenue reached $2.76 billion, above the $2.68 billion estimate. EPS also increased from $0.68 a year earlier. TechnipFMC Announces Second-Quarter 2026 Results
- Positive Sentiment: Revenue and net income accelerated: Revenue rose 9% year over year to $2.76 billion and increased 10.8% sequentially. Net income climbed to $362.7 million from $260.5 million in the prior quarter, supporting the bullish investor reaction. TechnipFMC plc 2026 Q2 Results Earnings Call Presentation
- Positive Sentiment: Profitability remained robust: TechnipFMC reported a 10.62% net margin and 34.06% return on equity, reinforcing the view that the company is converting revenue growth into meaningful earnings. FMC Technologies Surpasses Q2 Earnings and Revenue Estimates
- Neutral Sentiment: Full-year outlook is broadly in line with expectations: TechnipFMC issued 2026 revenue guidance of $10.4 billion to $10.9 billion, compared with consensus of $10.6 billion. The available update did not provide a specific EPS guidance figure, limiting the upside from the outlook itself. TechnipFMC Q2 2026 Earnings Call Transcript
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.
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