Corteva, Inc. $CTVA Shares Acquired by Bearing Point Capital LLC

Bearing Point Capital LLC boosted its position in Corteva, Inc. (NYSE:CTVA) by 7.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 96,876 shares of the company’s stock after purchasing an additional 6,890 shares during the quarter. Bearing Point Capital LLC’s holdings in Corteva were worth $6,494,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. BNP Paribas Financial Markets increased its stake in shares of Corteva by 13.4% during the 4th quarter. BNP Paribas Financial Markets now owns 1,188,069 shares of the company’s stock valued at $79,636,000 after acquiring an additional 140,030 shares during the last quarter. Norges Bank purchased a new stake in shares of Corteva during the 4th quarter worth about $504,001,000. Eurizon Capital SGR S.p.A. purchased a new stake in shares of Corteva during the 4th quarter worth about $47,206,000. Hillsdale Investment Management Inc. grew its holdings in shares of Corteva by 9.1% during the 4th quarter. Hillsdale Investment Management Inc. now owns 14,440 shares of the company’s stock worth $968,000 after purchasing an additional 1,200 shares during the period. Finally, Fideuram Asset Management Ireland dac purchased a new stake in shares of Corteva during the 4th quarter worth about $460,000. Institutional investors and hedge funds own 81.54% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on CTVA shares. Rothschild & Co Redburn boosted their target price on Corteva from $80.00 to $90.00 and gave the stock a “neutral” rating in a report on Wednesday, April 29th. The Goldman Sachs Group boosted their target price on Corteva from $88.00 to $96.00 and gave the stock a “buy” rating in a report on Tuesday, April 14th. Morgan Stanley boosted their target price on Corteva from $84.00 to $95.00 and gave the stock an “overweight” rating in a report on Thursday. Wells Fargo & Company boosted their target price on Corteva from $85.00 to $90.00 and gave the stock an “overweight” rating in a report on Tuesday, April 21st. Finally, Berenberg Bank boosted their target price on Corteva from $68.00 to $78.00 and gave the stock a “hold” rating in a report on Thursday, March 26th. Fourteen analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $88.67.

Corteva Stock Down 2.7%

NYSE CTVA opened at $78.41 on Friday. The stock has a market cap of $52.44 billion, a PE ratio of 46.12, a P/E/G ratio of 2.39 and a beta of 0.59. Corteva, Inc. has a fifty-two week low of $60.53 and a fifty-two week high of $85.63. The business has a 50 day moving average price of $81.33 and a two-hundred day moving average price of $74.53. The company has a quick ratio of 1.03, a current ratio of 1.47 and a debt-to-equity ratio of 0.07.

Corteva (NYSE:CTVA) last released its quarterly earnings results on Tuesday, May 5th. The company reported $1.50 earnings per share for the quarter, topping analysts’ consensus estimates of $1.18 by $0.32. The firm had revenue of $4.91 billion during the quarter, compared to analysts’ expectations of $4.64 billion. Corteva had a return on equity of 9.95% and a net margin of 6.50%.Corteva’s quarterly revenue was up 11.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.13 EPS. Corteva has set its FY 2026 guidance at 3.450-3.700 EPS. As a group, sell-side analysts predict that Corteva, Inc. will post 3.72 EPS for the current fiscal year.

Corteva Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Monday, June 1st. Corteva’s dividend payout ratio is currently 42.35%.

Corteva Profile

Corteva, Inc (NYSE: CTVA) is an independent global agriculture company that was established as a publicly traded firm in mid‑2019 following the separation of the agriculture businesses from DowDuPont. The company focuses on delivering technologies and products that help farmers increase productivity and manage crop health. Corteva’s operations combine seed genetics, crop protection chemistries, digital tools and biological solutions to address the full cycle of crop production.

Core business activities include research and development of seed genetics and trait technologies, formulation and sale of crop protection products (such as herbicides, insecticides and fungicides), and the development of seed treatments and biologicals.