Part of the weekly research here at The Acquirer’s Multiple features some of the top picks from our Stock Screeners and some top investors who are holding these same picks in their portfolios. Investors such as Warren Buffett, Joel Greenblatt, Carl Icahn, Jim Simons, Prem Watsa, Jeremy Grantham, Seth Klarman, Ray Dalio, and Howard Marks. The top investor data is provided from their latest 13F’s. This week we’ll take a look at:
TechnipFMC PLC (NYSE: FTI)
TechnipFMC is the largest provider of integrated deep-water offshore oil and gas development solutions, offering the full spectrum of subsea equipment and subsea engineering and construction services. Additionally, the company provides various oil and gas onshore engineering and construction services, with a long-standing expertise in delivering liquefied natural gas projects.
A quick look at the price chart below for TechnipFMC shows us that the stock is down 55% in the past twelve months. We currently have the stock trading on an Acquirer’s Multiple of 4.84, which means that it’s undervalued.
(Source: Morningstar)
Superinvestors who currently hold positions in TechnipFMC include:
Jean-Marie Eveillard – 28,222,401 shares
Rich Pzena – 12,220,651 shares
Steve Cohen – 3,171,447 shares
Alexander Roepers – 1,758,032 shares
Joel Greenblatt – 1,303,524 shares
Ken Griffin – 1,278,935 shares
Ken Fisher – 760,465 shares
Jim Simons – 695,100 shares
Michael Price – 547,500 shares
Paul Tudor Jones – 272,034 shares
Cliff Asness – 28,585 shares
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