T. Rowe Price holds 5.7% of TechnipFMC (FTI) common stock
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G/A
Rhea-AI Filing Summary
T. Rowe Price Investment Management, Inc. reported beneficial ownership of 23,232,013 shares of TechnipFMC plc common stock, representing 5.7% of the class as of 12/31/2025. It has sole voting power over 23,162,463 shares and sole dispositive power over 23,232,013 shares, with no shared voting or dispositive power.
The firm states the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of TechnipFMC. It also affirms that this filing should not be construed as an admission that it is the beneficial owner of these securities.
Positive
- None.
Negative
- None.
FAQ
What ownership stake in TechnipFMC (FTI) does T. Rowe Price report?
T. Rowe Price Investment Management, Inc. reports beneficial ownership of 23,232,013 TechnipFMC common shares, representing 5.7% of the outstanding class. This makes it a significant institutional holder required to report under Schedule 13G rules for large share positions.
Is T. Rowe Price seeking to influence control of TechnipFMC (FTI)?
T. Rowe Price states the securities were acquired and are held in the ordinary course of business and not for the purpose or effect of changing or influencing control of TechnipFMC, consistent with a passive institutional investment position under Schedule 13G.
What type of reporting person is T. Rowe Price in this TechnipFMC filing?
T. Rowe Price Investment Management, Inc. is identified as a Maryland corporation and files as an eligible institutional investor under the Schedule 13G framework, which is designed for passive holders exceeding 5% ownership thresholds in a public company’s equity securities.
On what date did T. Rowe Price’s TechnipFMC (FTI) ownership trigger this filing?
The ownership level that triggered this Schedule 13G/A filing is tied to an event date of 12/31/2025. That date reflects when T. Rowe Price’s beneficial ownership position met the reporting requirements for TechnipFMC’s common stock.