Cerity Partners LLC Increases Stake in TechnipFMC plc $FTI

Market Beat
2026.01.10 08:41
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Cerity Partners LLC increased its stake in TechnipFMC plc by 35% in Q3, owning 537,128 shares valued at $21.19 million. Other institutional investors also adjusted their positions. TechnipFMC's stock rose 1.3%, with a market cap of $20.25 billion and a P/E ratio of 22.35. The company reported Q3 earnings of $0.75 per share, exceeding estimates, and announced a quarterly dividend of $0.05. A share repurchase program of $2 billion was initiated, allowing the repurchase of up to 13.3% of its stock. Analysts maintain a consensus rating of "Moderate Buy" with an average price target of $48.46.