--- title: "33,433 Shares in TechnipFMC plc $FTI Bought by Evolve Private Wealth LLC" type: "News" locale: "en" url: "https://longbridge.com/en/news/296696211.md" description: "Evolve Private Wealth LLC acquired a new stake in TechnipFMC (FTI), purchasing 33,433 shares valued at approximately $2.2 million in Q2. Other institutional investors like BlackRock and State Street also increased their holdings. Insider Eric D. Mullins bought shares, while analysts maintained mostly positive ratings with a consensus 'Moderate Buy'. TechnipFMC recently reported strong quarterly earnings, beating estimates for both EPS and revenue." datetime: "2026-08-23T08:16:53.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296696211.md) - [en](https://longbridge.com/en/news/296696211.md) - [zh-HK](https://longbridge.com/zh-HK/news/296696211.md) generator: "portal-rs" --- # 33,433 Shares in TechnipFMC plc $FTI Bought by Evolve Private Wealth LLC Evolve Private Wealth LLC acquired a new stake in shares of TechnipFMC plc (NYSE:FTI - Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 33,433 shares of the oil and gas company's stock, valued at approximately $2,217,000. - Big Buybacks Announced: 3 Stocks Insiders Are Banking On Other institutional investors and hedge funds have also modified their holdings of the company. BlackRock Inc. acquired a new position in shares of TechnipFMC in the second quarter worth about $3,081,514,000. State Street Corp grew its position in shares of TechnipFMC by 62.2% during the 3rd quarter. State Street Corp now owns 12,884,052 shares of the oil and gas company's stock valued at $508,276,000 after acquiring an additional 4,938,498 shares during the period. Norges Bank purchased a new position in shares of TechnipFMC in the 4th quarter valued at about $205,468,000. Invesco Ltd. raised its holdings in TechnipFMC by 64.9% in the 4th quarter. Invesco Ltd. now owns 11,272,089 shares of the oil and gas company's stock worth $502,284,000 after purchasing an additional 4,437,960 shares during the period. Finally, AQR Capital Management LLC raised its holdings in TechnipFMC by 26.7% in the 4th quarter. AQR Capital Management LLC now owns 16,866,408 shares of the oil and gas company's stock worth $751,567,000 after purchasing an additional 3,549,839 shares during the period. Institutional investors and hedge funds own 96.58% of the company's stock. ## Insider Buying and Selling at TechnipFMC In related news, Director Eric D. Mullins bought 6,365 shares of the stock in a transaction dated Friday, August 14th. The shares were acquired at an average cost of $78.55 per share, for a total transaction of $499,970.75. Following the acquisition, the director directly owned 8,070 shares in the company, valued at approximately $633,898.50. This trade represents a 373.31% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.40% of the stock is currently owned by corporate insiders. ## Analyst Ratings Changes - 3 Stocks For the Resurgent Energy Rally FTI has been the subject of a number of recent analyst reports. Citigroup boosted their price objective on TechnipFMC from $76.00 to $80.00 and gave the company a "buy" rating in a research report on Thursday, June 18th. Jefferies Financial Group reissued a "buy" rating on shares of TechnipFMC in a report on Sunday, May 31st. Susquehanna dropped their target price on shares of TechnipFMC from $90.00 to $85.00 and set a "positive" rating on the stock in a research report on Wednesday, July 8th. The Goldman Sachs Group restated a "buy" rating on shares of TechnipFMC in a research report on Wednesday, June 3rd. Finally, Evercore reaffirmed an "outperform" rating and issued a $83.00 price target on shares of TechnipFMC in a research note on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $69.64. **View Our Latest Report on TechnipFMC** ## TechnipFMC Stock Performance - 3 Oil & Gas Gear Makers With Triple-Digit EPS Growth Forecasts Shares of FTI opened at $77.62 on Friday. TechnipFMC plc has a 52-week low of $35.29 and a 52-week high of $80.55. The stock has a market cap of $30.44 billion, a PE ratio of 26.95, a price-to-earnings-growth ratio of 1.58 and a beta of 0.72. The firm's fifty day moving average is $71.14 and its two-hundred day moving average is $69.21. The company has a quick ratio of 0.85, a current ratio of 1.08 and a debt-to-equity ratio of 0.10. TechnipFMC (NYSE:FTI - Get Free Report) last issued its earnings results on Thursday, July 30th. The oil and gas company reported $0.91 EPS for the quarter, beating analysts' consensus estimates of $0.80 by $0.11. The business had revenue of $2.76 billion during the quarter, compared to analysts' expectations of $2.67 billion. TechnipFMC had a net margin of 11.28% and a return on equity of 36.54%. The company's quarterly revenue was up 9.0% compared to the same quarter last year. During the same period in the prior year, the business earned $0.68 earnings per share. Research analysts forecast that TechnipFMC plc will post 3.09 earnings per share for the current fiscal year. ## TechnipFMC Dividend Announcement The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 2nd. Shareholders of record on Tuesday, August 18th will be paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is Tuesday, August 18th. TechnipFMC's dividend payout ratio (DPR) is 6.94%. ## About TechnipFMC (Free Report) TechnipFMC is an integrated oilfield services and technology company that designs, manufactures and delivers systems and services for the energy industry. The company's activities span the full lifecycle of oil and gas projects, with capabilities in subsea production systems, surface wellhead and intervention equipment, and onshore/offshore engineering and construction. TechnipFMC combines engineering and project management with fabrication, installation and maintenance services to help operators develop and produce hydrocarbon resources. Its product and service portfolio includes subsea hardware such as trees, manifolds, umbilicals, risers and flowlines, as well as surface equipment for drilling, completions and well intervention. ## Read More - Five stocks we like better than TechnipFMC - 2 Biotech Stocks Shaping Up for Major Breakouts - 3 Stocks Came Roaring Back—Now They’re Flashing Warning Signs - 3 Beaten-Down Stocks That Haven’t Gotten the Message About the S&P 500’s Record Run - Darden Restaurants Just Hit a 52-Week High–Is the Olive Garden Comeback Story Legit? *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.* Continue following MarketBeat Add MarketBeat as your preferred source on Google to see our latest stories in your feed. Add As Preferred Source ## Should You Invest $1,000 in TechnipFMC Right Now? Before you consider TechnipFMC, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and TechnipFMC wasn't on the list. While TechnipFMC currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here ### Related Stocks - [FTI.US](https://longbridge.com/en/quote/FTI.US.md) - [BLK.US](https://longbridge.com/en/quote/BLK.US.md) - [STT.US](https://longbridge.com/en/quote/STT.US.md) - [IVZ.US](https://longbridge.com/en/quote/IVZ.US.md) - [C.US](https://longbridge.com/en/quote/C.US.md) - [JEF.US](https://longbridge.com/en/quote/JEF.US.md) - [GS.US](https://longbridge.com/en/quote/GS.US.md) - [EVR.US](https://longbridge.com/en/quote/EVR.US.md) - [BTX.US](https://longbridge.com/en/quote/BTX.US.md) - [BIT.RT*.US](https://longbridge.com/en/quote/BIT.RT*.US.md) - [BDJ.US](https://longbridge.com/en/quote/BDJ.US.md) - [BSTZ.US](https://longbridge.com/en/quote/BSTZ.US.md) - [BIT.RT.US](https://longbridge.com/en/quote/BIT.RT.US.md) - [SPIN.US](https://longbridge.com/en/quote/SPIN.US.md) - [C-R.US](https://longbridge.com/en/quote/C-R.US.md) - [W4VR.SG](https://longbridge.com/en/quote/W4VR.SG.md) ## Related News & Research - [Ieq Capital LLC Acquires New Holdings in TechnipFMC plc $FTI](https://longbridge.com/en/news/296679701.md) - [Hardy Reed LLC Invests $1.31 Million in TechnipFMC plc $FTI](https://longbridge.com/en/news/295995961.md) - [Eric Mullins Takes a Bullish Stance: Acquires $499K In TechnipFMC Stock](https://longbridge.com/en/news/296374973.md) - [TechnipFMC director Eric D. Mullins acquires 6,365 shares worth $500,500.25](https://longbridge.com/en/news/296269424.md) - [Simplicity Wealth LLC Invests $908,000 in BlackRock $BLK](https://longbridge.com/en/news/296090579.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**