TechnipFMC plc (NYSE:FTI)’s traded shares stood at 0.67 million during the latest session, with the company’s beta value hitting 1.06. At the last check today, the stock’s price was $34.9, to imply an increase of 0.77% or $0.26 in intraday trading. The FTI share’s 52-week high remains $35.71, putting it -2.32% down since that peak but still an impressive 36.65% since price per share fell to its 52-week low of $22.11. The company has a valuation of $14.63B, with an average of 5.55 million shares in intraday trading volume over the past 10 days and average of 4.64 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for TechnipFMC plc (FTI), translating to a mean rating of 1.68. Of 16 analyst(s) looking at the stock, 1 analyst(s) give FTI a Sell rating. 0 of those analysts rate the stock as Overweight while 5 advise Hold as 10 recommend it as a Buy.
TechnipFMC plc (NYSE:FTI) trade information
After registering a 0.77% upside in the latest session, TechnipFMC plc (FTI) has traded red over the past five days. The 5-day price performance for the stock is -0.10%, and 9.70% over 30 days. With these gigs, the year-to-date price performance is 32.92%. Short interest in TechnipFMC plc (NYSE:FTI) saw shorts transact 10.42 million shares and set a 2.81 days time to cover.
The extremes give us $32 and $43 for target low and target high price respectively. As such, FTI has been trading -23.21% off suggested target high and 8.31% from its likely low.
FTI Dividends
TechnipFMC plc has its next earnings report out on 2025-Apr-24. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. TechnipFMC plc has a forward dividend ratio of 0.20, with the share yield ticking at 0.57% to continue the rising pattern observed over the past year.
TechnipFMC plc (NYSE:FTI)’s Major holders
TechnipFMC plc insiders hold 1.12% of total outstanding shares, with institutional holders owning 98.38% of the shares at 99.50% float percentage. In total, 98.38% institutions holds shares in the company, led by PRICE T ROWE ASSOCIATES INC /MD/. As of 2024-06-30, the company held over 49.64 million shares (or 11.5387% of shares), all amounting to roughly $1.3 billion.
The next major institution holding the largest number of shares is T. ROWE PRICE INVESTMENT MANAGEMENT, INC. with 39.99 million shares, or about 9.2951% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $1.05 billion.
