FMCFMC
Market Cap: $7.52B
About: FMC is a pure-play global crop protection company with a fairly balanced product portfolio across geographies and crop exposure. Through acquisitions, FMC is now one of the five largest patented crop protection companies and focuses on the development of new products, including biologicals, through its research and development pipeline.
Employees: 6,600
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
33% more funds holding in top 10
Funds holding in top 10: 3 [Q1] → 4 (+1) [Q2]
25% more call options, than puts
Call options by funds: $129M | Put options by funds: $104M
3% more first-time investments, than exits
New positions opened: 95 | Existing positions closed: 92
1% more funds holding
Funds holding: 566 [Q1] → 569 (+3) [Q2]
6.22% less ownership
Funds ownership: 99.61% [Q1] → 93.39% (-6.22%) [Q2]
10% less repeat investments, than reductions
Existing positions increased: 191 | Existing positions reduced: 213
15% less capital invested
Capital invested by funds: $7.92B [Q1] → $6.71B (-$1.21B) [Q2]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
JP Morgan Jeffrey Zekauskas 77% 1-year accuracy 24 / 31 met price target | 2%downside $59 | Neutral Maintained | 12 Aug 2024 |
Barclays Benjamin Theurer 46% 1-year accuracy 12 / 26 met price target | 8%upside $65 | Equal-Weight Maintained | 5 Aug 2024 |
BMO Capital Joel Jackson 38% 1-year accuracy 5 / 13 met price target | 8%upside $65 | Market Perform Maintained | 2 Aug 2024 |
Keybanc Aleksey Yefremov 39% 1-year accuracy 19 / 49 met price target | 31%upside $79 | Overweight Maintained | 2 Aug 2024 |
Wells Fargo Richard Garchitorena 50% 1-year accuracy 5 / 10 met price target | 3%upside $62 | Equal-Weight Maintained | 16 Jul 2024 |
Financial journalist opinion
Based on 6 articles about FMC published over the past 30 days