TechnipFMC plc (NYSE:FTI) reached 26.32% versus a 1-year low price of $18.2. The stock was last seen 4.98% higher, reaching at $22.99 on 3/14/2019. At a recent session, the prices were hovering between $22.83 and $23.21. This company shares are 26.14% off its target price of $29 and the current market capitalization stands at $10.61B. The recent change has given its price a 2.09% lead over SMA 50 and -33.15% deficit over its 52-week high. The stock witnessed 1.68% gains, 11.66% gains and -21.94% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found FTI’s volatility during a week at 1.78% and during a month it has been found around 2.39%.

TechnipFMC plc (FTI) Top Holders

Institutional investors currently hold around $7.08 billion or 86.5% in FTI stock. Look at its top three institutional owners: First Eagle Investment Management, Llc owns $725.52 million in TechnipFMC plc, which represents roughly 6.84% of the company’s market cap and approximately 10.25% of the institutional ownership. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 28,334,406 shares of the stock are valued at $620.52 million. The third largest holder is Invesco Ltd., which currently holds $533.06 million worth of this stock and that ownership represents nearly 5.02% of its market capitalization.

TechnipFMC plc 13F Filings

At the end of December reporting period, 173 institutional holders increased their position in TechnipFMC plc (NYSE:FTI) by some 42,851,281 shares, 208 decreased positions by 29,943,231 and 37 held positions by 250,375,747. That puts total institutional holdings at 323,170,259 shares, according to SEC filings. The stock grabbed 52 new institutional investments totaling 4,272,991 shares while 77 institutional investors sold out their entire positions totaling 8,612,328 shares.

TechnipFMC plc (FTI) Analyst Guide

Several analysts have released their opinion on TechnipFMC plc (NYSE:FTI), with 8 analysts believing it is a strong buy. Whereas 6 of them predict the stock is a hold. Also, there are 16 buy, 3 sell and 0 strong sell ratings, collectively assigning a 2.12 average brokerage recommendation [T1].