TechnipFMCFTI
Market Cap: $10.3B
About: TechnipFMC is the largest pure-play offshore oilfield service provider, offering integrated deep-water offshore oil and gas development solutions that span the full spectrum of subsea equipment and subsea engineering and construction services. The company also provides various surface equipment used with onshore oil and gas wells. TechnipFMC originated with the 2017 merger of predecessor companies Technip and FMC Technologies.
Employees: 22,762
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
741% more call options, than puts
Call options by funds: $124M | Put options by funds: $14.7M
56% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 39
8% more funds holding in top 10
Funds holding in top 10: 12 [Q1] → 13 (+1) [Q2]
6% more funds holding
Funds holding: 386 [Q1] → 408 (+22) [Q2]
8% more repeat investments, than reductions
Existing positions increased: 155 | Existing positions reduced: 143
3% more capital invested
Capital invested by funds: $10.3B [Q1] → $10.6B (+$351M) [Q2]
0.26% less ownership
Funds ownership: 94.6% [Q1] → 94.35% (-0.26%) [Q2]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Susquehanna Charles Minervino 31% 1-year accuracy 17 / 55 met price target | 46%upside $35 | Positive Maintained | 26 Jul 2024 |
Citigroup Scott Gruber 26% 1-year accuracy 8 / 31 met price target | 33%upside $32 | Buy Maintained | 10 Jul 2024 |
Financial journalist opinion
Based on 5 articles about FTI published over the past 30 days