Q1 EPS Estimates for TechnipFMC Boosted by Atb Cap Markets

TechnipFMC plc (NYSE:FTI) – Atb Cap Markets upped their Q1 2025 earnings per share estimates for shares of TechnipFMC in a research report issued to clients and investors on Thursday, October 24th. Atb Cap Markets analyst W. Syed now forecasts that the oil and gas company will post earnings per share of $0.32 for the quarter, up from their previous estimate of $0.28. The consensus estimate for TechnipFMC’s current full-year earnings is $1.38 per share.

TechnipFMC (NYSE:FTI) last issued its quarterly earnings results on Thursday, October 24th. The oil and gas company reported $0.64 earnings per share for the quarter, topping analysts’ consensus estimates of $0.39 by $0.25. TechnipFMC had a net margin of 5.72% and a return on equity of 14.36%. The firm had revenue of $2.35 billion during the quarter, compared to analysts’ expectations of $2.35 billion. During the same quarter in the prior year, the business earned $0.21 EPS. TechnipFMC’s quarterly revenue was up 14.2% compared to the same quarter last year.

FTI has been the subject of several other research reports. Barclays upped their price target on TechnipFMC from $34.00 to $37.00 and gave the stock an “overweight” rating in a research note on Monday. StockNews.com upgraded shares of TechnipFMC from a “hold” rating to a “buy” rating in a research note on Monday, October 21st. Susquehanna raised their price objective on shares of TechnipFMC from $35.00 to $37.00 and gave the company a “positive” rating in a research report on Friday, October 25th. TD Cowen boosted their target price on TechnipFMC from $35.00 to $37.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. Finally, Bank of America increased their target price on TechnipFMC from $30.00 to $31.00 and gave the stock a “buy” rating in a research note on Monday, October 14th. Two research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $32.41.

TechnipFMC Stock Up 0.1 %

FTI opened at $26.10 on Monday. TechnipFMC has a 52 week low of $18.33 and a 52 week high of $29.85. The business has a 50 day moving average price of $26.12 and a two-hundred day moving average price of $26.18. The company has a quick ratio of 0.84, a current ratio of 1.10 and a debt-to-equity ratio of 0.23. The company has a market cap of $11.10 billion, a PE ratio of 17.17 and a beta of 1.50.

Hedge Funds Weigh In On TechnipFMC

A number of institutional investors have recently made changes to their positions in the stock. Price T Rowe Associates Inc. MD increased its position in TechnipFMC by 8.7% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 40,594,774 shares of the oil and gas company’s stock worth $1,019,337,000 after purchasing an additional 3,259,348 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of TechnipFMC by 0.3% during the first quarter. Vanguard Group Inc. now owns 40,049,860 shares of the oil and gas company’s stock worth $1,005,652,000 after buying an additional 134,880 shares in the last quarter. Massachusetts Financial Services Co. MA grew its holdings in shares of TechnipFMC by 2.4% during the second quarter. Massachusetts Financial Services Co. MA now owns 8,733,621 shares of the oil and gas company’s stock worth $228,384,000 after buying an additional 204,435 shares in the last quarter. Anomaly Capital Management LP lifted its stake in shares of TechnipFMC by 50.3% during the second quarter. Anomaly Capital Management LP now owns 3,419,833 shares of the oil and gas company’s stock valued at $89,429,000 after buying an additional 1,144,087 shares during the period. Finally, Vaughan Nelson Investment Management L.P. boosted its position in TechnipFMC by 56.7% during the first quarter. Vaughan Nelson Investment Management L.P. now owns 2,954,356 shares of the oil and gas company’s stock worth $74,184,000 after acquiring an additional 1,068,788 shares during the last quarter. 96.58% of the stock is owned by institutional investors and hedge funds.

TechnipFMC declared that its Board of Directors has authorized a stock buyback plan on Wednesday, October 23rd that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the oil and gas company to repurchase up to 9.2% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board believes its stock is undervalued.

TechnipFMC Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 4th. Shareholders of record on Tuesday, November 19th will be given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 0.77%. The ex-dividend date is Tuesday, November 19th. TechnipFMC’s payout ratio is 13.16%.

TechnipFMC Company Profile

TechnipFMC plc engages in the energy projects, technologies, and systems and services businesses in Europe, Central Asia, North America, Latin America, the Asia Pacific, Africa, the Middle East, and internationally. It operates through two segments: Subsea and Surface Technologies. The Subsea segment engages in the design, engineering, procurement, manufacturing, fabrication, installation, and life of field services for subsea systems, subsea field infrastructure, and subsea pipe systems used in oil and gas production and transportation.