Landscape Capital Management L.L.C. Buys New Position in Corteva, Inc. $CTVA

Landscape Capital Management L.L.C. bought a new stake in Corteva, Inc. (NYSE:CTVA) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 46,109 shares of the company’s stock, valued at approximately $3,091,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of CTVA. Annis Gardner Whiting Capital Advisors LLC lifted its holdings in shares of Corteva by 9.1% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 1,674 shares of the company’s stock valued at $112,000 after buying an additional 140 shares during the period. Drive Wealth Management LLC lifted its holdings in shares of Corteva by 3.8% in the fourth quarter. Drive Wealth Management LLC now owns 4,259 shares of the company’s stock valued at $285,000 after buying an additional 156 shares during the period. Reynders McVeigh Capital Management LLC lifted its holdings in shares of Corteva by 2.9% in the fourth quarter. Reynders McVeigh Capital Management LLC now owns 5,686 shares of the company’s stock valued at $381,000 after buying an additional 160 shares during the period. Chesapeake Capital Corp IL lifted its holdings in shares of Corteva by 0.9% in the fourth quarter. Chesapeake Capital Corp IL now owns 18,035 shares of the company’s stock valued at $1,209,000 after buying an additional 161 shares during the period. Finally, Fox Run Management L.L.C. lifted its holdings in shares of Corteva by 5.1% in the third quarter. Fox Run Management L.L.C. now owns 3,361 shares of the company’s stock valued at $227,000 after buying an additional 164 shares during the period. Institutional investors own 81.54% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the company. Jefferies Financial Group upped their price objective on Corteva from $95.00 to $97.00 in a report on Thursday, May 7th. Weiss Ratings upgraded Corteva from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, May 7th. Rothschild & Co Redburn upped their price objective on Corteva from $80.00 to $90.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. Citigroup upped their price objective on Corteva from $83.00 to $85.00 and gave the company a “neutral” rating in a report on Thursday, May 7th. Finally, The Goldman Sachs Group upped their price objective on Corteva from $88.00 to $96.00 and gave the company a “buy” rating in a report on Tuesday, April 14th. Fourteen equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, Corteva presently has an average rating of “Moderate Buy” and a consensus price target of $88.81.

Corteva Stock Down 0.0%

NYSE:CTVA opened at $76.14 on Monday. The firm has a market capitalization of $50.92 billion, a price-to-earnings ratio of 44.79, a PEG ratio of 2.33 and a beta of 0.57. Corteva, Inc. has a 1-year low of $60.53 and a 1-year high of $85.63. The company has a current ratio of 1.47, a quick ratio of 1.03 and a debt-to-equity ratio of 0.07. The business’s fifty day moving average price is $80.39 and its 200 day moving average price is $75.38.

Corteva (NYSE:CTVA) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $1.50 earnings per share for the quarter, beating the consensus estimate of $1.18 by $0.32. The firm had revenue of $4.91 billion for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same period in the previous year, the firm earned $1.13 earnings per share. Corteva has set its FY 2026 guidance at 3.450-3.700 EPS. On average, sell-side analysts forecast that Corteva, Inc. will post 3.72 earnings per share for the current fiscal year.

Corteva Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be given a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Monday, June 1st. Corteva’s payout ratio is presently 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.