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Carol Anthony Davidson, a director at FMC Corp (NYSE:FMC), recently acquired 6,000 shares of the company’s common stock, according to a filing with the Securities and Exchange Commission. The shares were purchased at an average price of $37.33, totaling approximately $223,986. The timing appears strategic, as InvestingPro data shows the stock is currently trading below its Fair Value, with shares down over 33% in the past six months. Following this transaction, Davidson holds a total of 9,539 shares directly and indirectly through a retirement plan.
The transaction took place on March 5, 2025, and was executed without any equity swaps involved. Davidson’s acquisition reflects a continued investment in FMC Corp, a company operating in the chemicals and allied products industry.
In other recent news, FMC Corporation has been the focus of several financial analyses and strategic updates. The company reported a fourth-quarter earnings per share that exceeded consensus by $0.19, though its 2025 earnings forecast fell short of market expectations, with an anticipated EPS range of $3.26 to $3.70 compared to a projected $4.36. FMC also estimated its 2025 sales to be between $4.15 and $4.35 billion, with EBITDA projected to range from $870 to $950 million. In strategic moves, FMC extended its $2.0 billion revolving credit facility by one year to June 2028, ensuring ongoing operational liquidity. Analyst firms have varied in their outlooks: Citi maintains a Neutral rating with a $38 price target, while KeyBanc adjusted its price target to $51 but kept an Overweight rating. Redburn-Atlantic downgraded FMC to Neutral, citing uncertainties related to expiring patents, and set a price target of $49. Jefferies also reduced its price target to $49 but maintained a Buy rating, reflecting mixed financial projections. These developments highlight the complexities FMC faces in navigating its operational and strategic objectives.
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