tru Independence Exits FMC Position, Liquidating 152,855 Shares for $5.14 Million
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 6d ago
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Source: Fool
- Position Liquidation: On January 22, tru Independence completely exited its FMC position by selling 152,855 shares for approximately $5.14 million, indicating a significant loss of confidence in FMC's future prospects as its AUM share dropped from 1.3% to zero.
- Stock Performance: As of January 22, FMC shares were priced at $16.02, reflecting a steep 69% decline over the past year, which starkly contrasts with the S&P 500's roughly 14% gain, highlighting the company's diminished competitive standing in the market.
- Financial Condition: FMC's recent earnings report revealed a 49% year-over-year revenue decline primarily due to the pending sale of its India business, while adjusted EBITDA rose 17% to $236 million, indicating some success in cost control but a significant contraction in overall business size.
- Strategic Shift: FMC's management has explicitly prioritized balance sheet repair by exiting high-cost manufacturing and resizing operations in Asia, leading to a dividend cut to $0.08 per share, a move aimed at positioning the company for future stability despite current restructuring challenges.
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Analyst Views on FMC
Wall Street analysts forecast FMC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FMC is 19.08 USD with a low forecast of 13.00 USD and a high forecast of 28.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
14 Analyst Rating
3 Buy
10 Hold
1 Sell
Hold
Current: 16.020
Low
13.00
Averages
19.08
High
28.00
Current: 16.020
Low
13.00
Averages
19.08
High
28.00
About FMC
FMC Corporation is a global agricultural sciences company engaged in providing farmers solutions that increase the productivity and resilience of their land. The Company’s crop protection solutions, including biologicals, crop nutrition, digital and precision agriculture, enable growers and crop advisers to address their challenges economically while protecting the environment. Its portfolio consists of three major pesticide categories: insecticides, herbicides and fungicides. The majority of its product lines consist of insecticides and herbicides, and it has a portfolio of fungicides mainly used in high-value crop segments. Its insecticides are used to control a wide spectrum of pests, while its herbicide portfolio primarily targets a large variety of difficult-to-control weeds. In addition, it is also investing in its Plant Health program, which includes biologicals, crop nutrition, and seed treatment products. Biological technologies serve as complements to its synthetic products.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
tru Independence Exits FMC Position, Liquidating 152,855 Shares for $5.14 Million
- Position Liquidation: On January 22, tru Independence completely exited its FMC position by selling 152,855 shares for approximately $5.14 million, indicating a significant loss of confidence in FMC's future prospects as its AUM share dropped from 1.3% to zero.
- Stock Performance: As of January 22, FMC shares were priced at $16.02, reflecting a steep 69% decline over the past year, which starkly contrasts with the S&P 500's roughly 14% gain, highlighting the company's diminished competitive standing in the market.
- Financial Condition: FMC's recent earnings report revealed a 49% year-over-year revenue decline primarily due to the pending sale of its India business, while adjusted EBITDA rose 17% to $236 million, indicating some success in cost control but a significant contraction in overall business size.
- Strategic Shift: FMC's management has explicitly prioritized balance sheet repair by exiting high-cost manufacturing and resizing operations in Asia, leading to a dividend cut to $0.08 per share, a move aimed at positioning the company for future stability despite current restructuring challenges.
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FMC Corporation Schedules 2026 Annual Stockholders Meeting for April 28
- Meeting Schedule: FMC Corporation announced that its 2026 Annual Meeting of Stockholders will be held via live webcast on April 28, 2026, at 2:00 p.m. ET, ensuring convenient participation and voting for shareholders, thereby enhancing shareholder engagement.
- Record Date Established: The board of directors set February 27, 2026, as the record date to identify stockholders entitled to receive notice and vote, ensuring the legality and validity of the meeting.
- Information Access: Further details regarding the annual meeting will be provided in the proxy statement and other proxy materials, with instructions for accessing the webcast available on the company's Investor Relations website, enhancing information transparency.
- Company Overview: FMC is a global agricultural sciences company dedicated to providing food, feed, fiber, and fuel for a growing population, with innovative crop protection solutions that help address agricultural challenges, reflecting the company's commitment to sustainability.
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