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United Parks & Resorts to join S&P SmallCap 600, TechnipFMC to join S&P MidCap 400
ByAinvest
Wednesday, Sep 3, 2025 3:10 am ET1min read
United Parks & Resorts will join the S&P SmallCap 600, replacing Foot Locker, while TechnipFMC will join the S&P MidCap 400. The moves are a result of the acquisition of Foot Locker by Dick's Sporting Goods, which is expected to be completed soon.
United Parks & Resorts (NYSE: PRKS) will join the S&P SmallCap 600, replacing Foot Locker (NYSE: FL), effective September 8. Concurrently, TechnipFMC (NYSE: FTI) will join the S&P MidCap 400, replacing Skechers USA (NYSE: SKX), effective September 12. These changes are the result of the pending acquisition of Foot Locker by Dick's Sporting Goods (NYSE: DKS), expected to be completed soon [1].The S&P SmallCap 600 and S&P MidCap 400 are two of the most widely followed indices in the U.S. market, representing the performance of small and mid-cap stocks, respectively. United Parks & Resorts, a leading resort and hotel operator, will replace Foot Locker, a well-known footwear and apparel retailer, in the S&P SmallCap 600. This move reflects the company's growth and increasing market capitalization.
TechnipFMC, a global provider of integrated services to the oil and gas industry, will replace Skechers USA, a footwear company, in the S&P MidCap 400. This shift indicates the company's expansion and growing influence in the energy sector.
The acquisition of Foot Locker by Dick's Sporting Goods, a leading omnichannel retailer, is expected to close on September 8. This deal will see Foot Locker shareholders receiving either cash or stock consideration, with a majority electing to receive DICK'S Sporting Goods common stock [2].
The changes in the S&P indices reflect the ongoing consolidation and evolution of the retail and energy sectors. Investors should monitor these developments closely, as they may impact the performance of these indices and the companies involved.
References:
[1] https://seekingalpha.com/news/4491525-united-parks-resorts-will-join-sp-smallcap-600-while-technipfmc-will-join-sp-midcap-400
[2] https://investors.footlocker-inc.com/news-releases/news-release-details/dicks-sporting-goods-and-foot-locker-announce-preliminary
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