FMC
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 Q3 regulatory filings by fund managers ($100M+ AUM)
50% more funds holding in top 10
Funds holding in top 10: 4 [Q2] → 6 (+2) [Q3]
45% more first-time investments, than exits
New positions opened: 93 | Existing positions closed: 64
27% more call options, than puts
Call options by funds: $146M | Put options by funds: $115M
8% more capital invested
Capital invested by funds: $7.03B [Q2] → $7.58B (+$554M) [Q3]
4% more funds holding
Funds holding: 574 [Q2] → 596 (+22) [Q3]
5.48% less ownership
Funds ownership: 97.85% [Q2] → 92.36% (-5.48%) [Q3]
15% less repeat investments, than reductions
Existing positions increased: 191 | Existing positions reduced: 226
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Barclays Benjamin Theurer 41% 1-year accuracy 14 / 34 met price target | 17%upside $65 | Overweight Upgraded | 21 Jan 2025 |
B of A Securities Steve Byrne 55% 1-year accuracy 11 / 20 met price target | 10%upside $61 | Neutral Upgraded | 14 Jan 2025 |
Mizuho Christopher Parkinson 100% 1-year accuracy 5 / 5 met price target | 1%downside $55 | Neutral Maintained | 7 Jan 2025 |
Keybanc Aleksey Yefremov 40% 1-year accuracy 44 / 111 met price target | 24%upside $69 | Overweight Maintained | 2 Jan 2025 |
UBS Joshua Spector 59% 1-year accuracy 19 / 32 met price target | 19%upside $66 | Buy Maintained | 20 Dec 2024 |