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UBS Group AG Has $146.63 Million Stake in TechnipFMC plc $FTI
UBS Group AG increased its stake in TechnipFMC plc by 20.3% in Q4, now owning over 3.29 million shares valued at $146.63 million. TechnipFMC’s Q1 results showed an EPS beat but a slight revenue miss, and the company announced a small quarterly dividend. Despite significant insider selling, institutional ownership remains high, and analysts generally rate the stock a “Moderate Buy” with an average price target of $61.73.