Fieldview Capital Management LLC Has $883,000 Holdings in Corteva, Inc. $CTVA

Fieldview Capital Management LLC cut its holdings in Corteva, Inc. (NYSE:CTVA) by 81.4% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 13,168 shares of the company’s stock after selling 57,653 shares during the period. Fieldview Capital Management LLC’s holdings in Corteva were worth $883,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of CTVA. JPL Wealth Management LLC acquired a new position in shares of Corteva in the third quarter valued at about $25,000. Bank of Jackson Hole Trust acquired a new position in shares of Corteva in the fourth quarter valued at about $28,000. Redmont Wealth Advisors LLC acquired a new position in shares of Corteva in the third quarter valued at about $29,000. Cornerstone Financial Management LLC acquired a new position in shares of Corteva in the fourth quarter valued at about $29,000. Finally, Jackson Grant Investment Advisers Inc. grew its stake in shares of Corteva by 90.6% in the third quarter. Jackson Grant Investment Advisers Inc. now owns 448 shares of the company’s stock valued at $30,000 after acquiring an additional 213 shares in the last quarter. 81.54% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms recently commented on CTVA. Citigroup upped their price target on shares of Corteva from $83.00 to $85.00 and gave the company a “neutral” rating in a research note on Thursday, May 7th. Morgan Stanley upped their price target on shares of Corteva from $84.00 to $95.00 and gave the company an “overweight” rating in a research note on Thursday, May 28th. Mizuho upped their price target on shares of Corteva from $82.00 to $94.00 and gave the company an “outperform” rating in a research note on Wednesday, April 15th. CICC Research upped their price target on shares of Corteva from $80.00 to $93.00 and gave the company an “outperform” rating in a research note on Wednesday, May 13th. Finally, UBS Group reduced their price objective on shares of Corteva from $90.00 to $86.00 and set a “neutral” rating on the stock in a research note on Tuesday, June 9th. Fourteen research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $88.81.

Corteva Trading Down 0.0%

Shares of Corteva stock opened at $76.14 on Monday. The company 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. 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, Inc. has a 12-month low of $60.53 and a 12-month high of $85.63. The firm’s 50-day moving average price is $80.39 and its two-hundred day moving average price is $75.38.

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

Corteva Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be paid a dividend of $0.18 per share. 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 presently 42.35%.

Corteva Company 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.