Kepler Capital Markets Comments on TechnipFMC FY2027 Earnings

TechnipFMC plc (NYSE:FTIFree Report) – Equities researchers at Kepler Capital Markets issued their FY2027 earnings per share (EPS) estimates for shares of TechnipFMC in a research note issued to investors on Tuesday, April 8th. Kepler Capital Markets analyst B. Hodee forecasts that the oil and gas company will post earnings of $2.61 per share for the year. The consensus estimate for TechnipFMC’s current full-year earnings is $1.63 per share. Kepler Capital Markets also issued estimates for TechnipFMC’s FY2028 earnings at $2.69 EPS.

A number of other research firms have also recently commented on FTI. StockNews.com cut shares of TechnipFMC from a “buy” rating to a “hold” rating in a research report on Thursday, March 27th. Piper Sandler lifted their target price on shares of TechnipFMC from $39.00 to $40.00 and gave the company an “overweight” rating in a report on Friday, February 28th. Barclays raised their price target on TechnipFMC from $42.00 to $43.00 and gave the stock an “overweight” rating in a research report on Monday, March 3rd. Evercore ISI boosted their price objective on TechnipFMC from $37.00 to $39.00 and gave the company an “outperform” rating in a report on Wednesday, January 15th. Finally, The Goldman Sachs Group initiated coverage on TechnipFMC in a report on Friday, December 13th. They set a “buy” rating and a $38.00 target price for the company. Two equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $36.31.

Check Out Our Latest Research Report on TechnipFMC

TechnipFMC Stock Performance

NYSE FTI opened at $25.00 on Thursday. The stock has a fifty day simple moving average of $28.55 and a 200-day simple moving average of $28.98. The company has a current ratio of 1.14, a quick ratio of 0.89 and a debt-to-equity ratio of 0.22. The stock has a market cap of $10.51 billion, a PE ratio of 16.44 and a beta of 1.11. TechnipFMC has a twelve month low of $22.12 and a twelve month high of $33.45.

TechnipFMC Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Tuesday, March 18th were issued a $0.05 dividend. The ex-dividend date was Tuesday, March 18th. This represents a $0.20 annualized dividend and a dividend yield of 0.80%. TechnipFMC’s dividend payout ratio is currently 10.42%.

Insider Transactions at TechnipFMC

In related news, Director Carvalho Filho Eleazar De sold 9,381 shares of TechnipFMC stock in a transaction that occurred on Monday, March 24th. The stock was sold at an average price of $29.76, for a total transaction of $279,178.56. Following the completion of the transaction, the director now directly owns 100,951 shares in the company, valued at $3,004,301.76. The trade was a 8.50 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Justin Rounce sold 42,178 shares of the stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of $26.55, for a total value of $1,119,825.90. Following the sale, the executive vice president now owns 140,207 shares in the company, valued at approximately $3,722,495.85. This trade represents a 23.13 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 61,706 shares of company stock valued at $1,651,665 in the last ninety days. 1.80% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Franklin Resources Inc. lifted its position in TechnipFMC by 23.0% during the third quarter. Franklin Resources Inc. now owns 3,639,244 shares of the oil and gas company’s stock worth $98,838,000 after buying an additional 679,748 shares during the period. Avantax Advisory Services Inc. increased its holdings in TechnipFMC by 24.5% in the 4th quarter. Avantax Advisory Services Inc. now owns 21,921 shares of the oil and gas company’s stock valued at $634,000 after purchasing an additional 4,314 shares in the last quarter. Park Avenue Securities LLC purchased a new position in TechnipFMC in the fourth quarter valued at about $519,000. Raymond James Financial Inc. purchased a new stake in shares of TechnipFMC in the fourth quarter worth about $9,152,000. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of TechnipFMC by 7.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,649,541 shares of the oil and gas company’s stock valued at $105,618,000 after buying an additional 249,719 shares in the last quarter. Institutional investors and hedge funds own 96.58% of the company’s stock.

TechnipFMC Company Profile

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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.

See Also

Earnings History and Estimates for TechnipFMC (NYSE:FTI)

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