Institutional Exposure To TechnipFMC plc (FTI)

TechnipFMC plc (FTI) concluded trading on Thursday at a closing price of $30.28, with 3.62 million shares of worth about $109.47 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 15.62% during that period and on February 13, 2025 the price saw a loss of about -1.34%. Currently the company’s common shares owned by public are about 425.40M shares, out of which, 420.91M shares are available for trading.

Stock saw a price change of -1.78% in past 5 days and over the past one month there was a price change of -6.74%. Year-to-date (YTD), FTI shares are showing a performance of 4.63% which increased to 57.71% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $18.78 but also hit the highest price of $33.45 during that period. The average intraday trading volume for TechnipFMC plc shares is 3.50 million. The stock is currently trading -2.84% below its 20-day simple moving average (SMA20), while that difference is down -1.73% for SMA50 and it goes to 9.52% higher than SMA200.

TechnipFMC plc (NYSE: FTI) currently have 425.40M outstanding shares and institutions hold larger chunk of about 96.34% of that.

The stock has a current market capitalization of $12.88B and its 3Y-monthly beta is at 1.57. PE ratio of stock for trailing 12 months is 19.92, while it has posted earnings per share of $1.52 in the same period. Its PEG reads 0.26 and has Quick Ratio of 0.87 while making debt-to-equity ratio of 0.60. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for FTI, volatility over the week remained 2.36% while standing at 2.64% over the month.

Stock’s fiscal year EPS is expected to rise by 266.17% while it is estimated to increase by 23.02% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Piper Sandler on December 19, 2024 offering an Overweight rating for the stock and assigned a target price of $39 to it. Coverage by Goldman stated TechnipFMC plc (FTI) stock as a Buy in their note to investors on December 13, 2024, suggesting a price target of $38 for the stock. On December 06, 2024, Jefferies Upgrade their recommendations, while on November 18, 2024, RBC Capital Mkts Initiated their ratings for the stock with a price target of $37. Stock get a Buy rating from HSBC Securities on October 29, 2024.

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