TechnipFMCFTI
Market Cap: 12.4B
About: TechnipFMC is the largest pure-play offshore oilfield service provider, offering integrated deep-water offshore oil and gas development solutions that span the full spectrum of subsea equipment and subsea engineering and construction services. The company also provides various surface equipment used with onshore oil and gas wells. TechnipFMC originated with the 2017 merger of predecessor companies Technip and FMC Technologies.
Employees: 22,762
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
200% more funds holding in top 10
Funds holding in top 10: 4 [Q4 2023] → 12 (+8) [Q1 2024]
75% more call options, than puts
Call options by funds: $115M | Put options by funds: $66M
51% more first-time investments, than exits
New positions opened: 74 | Existing positions closed: 49
20% more capital invested
Capital invested by funds: $8.5B [Q4 2023] → $10.2B (+$1.74B) [Q1 2024]
7% more funds holding
Funds holding: 357 [Q4 2023] → 382 (+25) [Q1 2024]
6% less repeat investments, than reductions
Existing positions increased: 132 | Existing positions reduced: 141
2.74% less ownership
Funds ownership: 96.91% [Q4 2023] → 94.18% (-2.74%) [Q1 2024]
Research analyst outlook
14 Wall Street Analysts provided 1 year price forecasts over the past 6 months
14 analyst ratings
Susquehanna Charles Minervino | 21%upside $35 | Positive Maintained | 26 Jul 2024 |
Citigroup Scott Gruber | 11%upside $32 | Buy Maintained | 10 Jul 2024 |
Piper Sandler Luke Lemoine | 18%upside $34 | Overweight Maintained | 6 May 2024 |
Barclays David Anderson | 18%upside $34 | Overweight Maintained | 29 Apr 2024 |
TD Cowen Marc Bianchi | 11%upside $32 | Buy Maintained | 26 Apr 2024 |
Financial journalist opinion
Based on 12 articles about FTI published over the past 30 days