Citigroup Reiterates Buy Rating on TechnipFMC plc

On June 18, 2026, Citigroup reiterated its buy rating on TechnipFMC plc (NYSE:FTI), maintaining a price target of $80. This reflects analyst Scott Gruber's confidence in the company's performance and potential. Shares of TechnipFMC were trading at $67.01 at the time of the rating.

Other Institutional Activity in TechnipFMC

Among TechnipFMC's institutional investors, BlackRock, Inc. grew its holdings by 1,331,300 shares, bringing its total to 41,288,288 shares valued at approximately $2.85 billion. Meanwhile, Price T Rowe Associates Inc. trimmed its position by 5,051,314 shares, resulting in 31,251,479 shares worth about $2.16 billion. Vanguard Portfolio Management LLC and Vanguard Capital Management LLC both made significant entries with holdings of 18,721,964 and 18,005,904 shares respectively, valued at $1.29 billion and $1.24 billion. AQR Capital Management LLC increased its stake by 942,807 shares, ending with 17,809,215 shares worth about $1.23 billion.

TechnipFMC Stock Snapshot

TechnipFMC plc is currently trading near $67.01. The company has a market capitalization of approximately $26.7 billion, with a P/E ratio of 25.67 and a forward P/E of 19.30. The stock's beta is 0.687, indicating less volatility compared to the market. Over the past 52 weeks, the stock has ranged from $31.88 to $77.78, with a 50-day moving average of $71.56 and a 200-day moving average of $55.31. The company's current ratio stands at 1.127, with a quick ratio of 0.744 and a debt-to-equity ratio of 38.688.

Recent Earnings

TechnipFMC reported revenue of approximately $10.19 billion, with a revenue growth rate of 11.6%. The company achieved a net margin of 10.62% and a return on equity of 33.41%. Earnings per share (EPS) were reported at $2.61. The next earnings announcement is expected on July 30, 2026.

Dividend

TechnipFMC offers an annual dividend rate of $0.20, yielding 0.3% with a payout ratio of 7.66%. This provides a modest return to shareholders while reinvesting the majority of earnings back into the company.

Insider Buying and Selling at TechnipFMC plc

Recent insider activity at TechnipFMC includes buying and selling transactions. On June 1, 2026, Eric Mullins bought 1,705 shares. In contrast, John O'Leary sold 6,350 shares at an average price of $72.79 on May 19, 2026. Earlier, on May 5, 2026, Kay Priestly and Claire Farley sold 6,000 and 4,500 shares respectively, at a price of $74.66. Luana Duffe, EVP of New Energy, sold 1,870 shares at $74.39 on the same day.

Analysts Set New Price Targets

On June 18, 2026, Citigroup maintained its buy rating on TechnipFMC with an $80 price target. Barclays also maintained a buy rating on May 8, 2026, with a target of $87. Other firms like RBC Capital, Evercore ISI Group, and Susquehanna have also reiterated their buy ratings with targets ranging from $80 to $90. The consensus among analysts remains a buy, with an average target price of $76 from 21 analyst opinions.

About TechnipFMC

TechnipFMC plc is a global leader in the energy sector, specializing in oil and gas equipment and services. Headquartered in Newcastle upon Tyne, United Kingdom, the company operates through its Subsea and Surface Technologies segments. It provides a wide range of services including design, engineering, procurement, and installation for subsea systems and surface technologies. CEO Douglas J. Pferdehirt leads a workforce of approximately 22,000 employees globally.

Bottom Line

TechnipFMC plc remains a strong focus for investors, with Citigroup's recent reiteration of its buy rating affirming confidence in the company's outlook. The stock's performance, backed by solid earnings and institutional interest, continues to attract attention. Investors should note that analyst ratings reflect opinions based on current and past data, and market conditions can change.