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In a recent transaction, Duffe Luana, the Executive Vice President of New Energy at TechnipFMC plc (NYSE:FTI), sold a significant portion of her holdings in the company. According to a Form 4 filing with the Securities and Exchange Commission, Luana disposed of 64,404 ordinary shares on March 11, 2025, at a price of $24.90 per share. The total value of the transaction amounted to approximately $1.6 million. The stock, currently trading at $26.50, has shown resilience with a 15% return over the past year. InvestingPro analysis indicates the stock is currently undervalued, with analysts setting a consensus high target of $43.
Following this sale, Luana retains ownership of 85,133 shares in TechnipFMC. The transaction was executed automatically as part of a pre-established Rule 10b5-1 trading plan, which Luana had adopted on December 2, 2024. With a market capitalization of $11.1 billion and a "GOOD" Financial Health score from InvestingPro, TechnipFMC maintains strong fundamentals. Subscribers can access 12+ additional ProTips and a comprehensive Pro Research Report for deeper insights into the company’s performance and outlook.
In other recent news, TechnipFMC reported impressive fourth-quarter 2024 earnings, surpassing analyst expectations with an earnings per share (EPS) of $0.54, compared to the forecasted $0.35. The company also exceeded revenue projections, posting $2.37 billion against the expected $2.3 billion. For the full year, TechnipFMC achieved a revenue of $9.1 billion, marking a 16% increase from the previous year, alongside a 47% rise in adjusted EBITDA to nearly $1.4 billion. The company has projected high single-digit revenue growth for 2025, with expectations of adjusted EBITDA reaching approximately $1.76 billion.
Additionally, TD Cowen analysts have raised their price target for TechnipFMC to $38, maintaining a Buy rating, following the company’s solid financial performance and a modest upgrade to its 2025 Subsea guidance. The analysts highlighted strong order intake and reassured stakeholders about vessel availability amidst industry consolidation concerns. TechnipFMC’s strategic initiatives, including the launch of the Subsea 2.0 product architecture, have been well-received, contributing to its investment-grade ratings from all three major agencies.
These developments underscore TechnipFMC’s robust market position and operational improvements, as the company continues to focus on expanding its market share and delivering higher margins. The firm anticipates annual inbound orders to exceed $10 billion, aiming for $30 billion over three years ending in 2025. This outlook reflects confidence in the company’s strategic direction and future business prospects.
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