TechnipFMC plc (NYSE: FTI) Shares Gain $0.25 After Investor Confidence Raised

TechnipFMC plc (NYSE:FTI) has a beta value of 1.09 and has seen 1.14 million shares traded in the recent trading session. The company, currently valued at $14.38B, closed the recent trade at $34.3 per share which meant it gained $0.25 on the day or 0.73% during that session. The FTI stock price is -4.11% off its 52-week high price of $35.71 and 35.54% above the 52-week low of $22.11. If we look at the company’s 10-day average daily trading volume, we find that it stood at 4.66 million shares traded. The 3-month trading volume is 4.57 million shares.

The consensus among analysts is that TechnipFMC plc (FTI) is Buy stock at the moment, with a recommendation rating of 1.68. 1 analysts rate the stock as a Sell, while 0 rate it as Overweight. 5 out of 16 have rated it as a Hold, with 10 advising it as a Buy. 0 have rated the stock as Underweight.

TechnipFMC plc (NYSE:FTI) trade information

Sporting 0.73% in the green today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the FTI stock price touched $34.3 or saw a rise of 3.95%. Year-to-date, TechnipFMC plc shares have moved 37.31%, while the 5-day performance has seen it change -2.86%. Over the past 30 days, the shares of TechnipFMC plc (NYSE:FTI) have changed 15.53%. Short interest in the company has seen 9.59 million shares shorted with days to cover at 2.63.

Wall Street analysts have a consensus price target for the stock at $37.5, which means that the shares’ value could jump 8.53% from the levels at last check today.. The projected low price target is $32.0 while the price target rests at a high of $43.0. In that case, then, we find that the latest price level in today’s session is -25.36% off the targeted high while a plunge would see the stock lose 6.71% from the levels at last check today..

TechnipFMC plc (FTI) estimates and forecasts

The company’s shares have gained 19.80% over the past 6 months.

Earnings growth for 2025 is a modest 13.77% while over the next 5 years, the company’s earnings are expected to increase by 17.23%.

FTI Dividends

TechnipFMC plc is expected to release its next earnings report on 2025-Apr-24 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.20 at a share yield of 0.58%. The company’s dividend yield has gone up over the past 12 months.

TechnipFMC plc (NYSE:FTI)’s Major holders

Insiders own 1.12% of the company shares, while shares held by institutions stand at 98.36% with a share float percentage of 99.47%. Investors are also buoyed by the number of investors in a company, with TechnipFMC plc having a total of 663.0 institutions that hold shares in the company. The top two institutional holders are PRICE T ROWE ASSOCIATES INC /MD/ with over 49.64 million shares worth more than $1.3 billion. As of 2024-06-30, PRICE T ROWE ASSOCIATES INC /MD/ held 11.5387% of shares outstanding.

The other major institutional holder is T. ROWE PRICE INVESTMENT MANAGEMENT, INC., with the holding of over 39.99 million shares as of 2024-06-30. The firm’s total holdings are worth over $1.05 billion and represent 9.2951% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and T. Rowe Price Mid-Cap Growth Fund, Inc. . As of Mar 31, 2025 , the former fund manager holds about 3.20% shares in the company for having 13.43 shares of worth $459.61 million while later fund manager owns 12.54 shares of worth $428.96 million as of Mar 31, 2025 , which makes it owner of about 2.99% of company’s outstanding stock.

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