Corteva, Inc. $CTVA Stock Holdings Increased by Schroder Investment Management Group

Schroder Investment Management Group increased its stake in shares of Corteva, Inc. (NYSE:CTVA) by 7.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 522,286 shares of the company’s stock after purchasing an additional 37,681 shares during the quarter. Schroder Investment Management Group’s holdings in Corteva were worth $35,322,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in CTVA. Empirical Finance LLC lifted its position in Corteva by 0.6% in the 2nd quarter. Empirical Finance LLC now owns 24,935 shares of the company’s stock worth $1,858,000 after buying an additional 153 shares in the last quarter. Fox Run Management L.L.C. grew its holdings in shares of Corteva by 5.1% during the 3rd quarter. Fox Run Management L.L.C. now owns 3,361 shares of the company’s stock valued at $227,000 after acquiring an additional 164 shares in the last quarter. IFG Advisory LLC grew its holdings in shares of Corteva by 1.7% during the 3rd quarter. IFG Advisory LLC now owns 9,764 shares of the company’s stock valued at $660,000 after acquiring an additional 166 shares in the last quarter. United Community Bank increased its stake in shares of Corteva by 10.5% in the third quarter. United Community Bank now owns 1,849 shares of the company’s stock worth $125,000 after acquiring an additional 176 shares during the last quarter. Finally, Binnacle Investments Inc raised its holdings in shares of Corteva by 54.7% during the second quarter. Binnacle Investments Inc now owns 512 shares of the company’s stock worth $38,000 after acquiring an additional 181 shares in the last quarter. Institutional investors and hedge funds own 81.54% of the company’s stock.

Insiders Place Their Bets

In other Corteva news, insider Brian Titus sold 8,311 shares of the company’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $76.55, for a total transaction of $636,207.05. Following the completion of the sale, the insider owned 8,090 shares of the company’s stock, valued at $619,289.50. This represents a 50.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.14% of the company’s stock.

Wall Street Analysts Forecast Growth

CTVA has been the subject of a number of research reports. Royal Bank Of Canada lifted their price objective on Corteva from $80.00 to $89.00 and gave the company an “outperform” rating in a research report on Thursday, February 5th. Zacks Research downgraded Corteva from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 20th. The Goldman Sachs Group reiterated a “buy” rating and set a $88.00 price target on shares of Corteva in a report on Thursday, February 5th. Argus raised Corteva to a “strong-buy” rating in a research note on Friday, January 16th. Finally, Jefferies Financial Group increased their price objective on Corteva from $85.00 to $95.00 and gave the stock a “buy” rating in a report on Monday, March 2nd. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $82.90.

Corteva Trading Up 3.1%

Corteva stock opened at $78.65 on Thursday. Corteva, Inc. has a one year low of $53.40 and a one year high of $80.90. The company’s fifty day moving average price is $73.63 and its two-hundred day moving average price is $69.13. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.43 and a quick ratio of 0.96. The company has a market capitalization of $52.89 billion, a price-to-earnings ratio of 49.78, a PEG ratio of 2.61 and a beta of 0.72.

Corteva (NYSE:CTVA) last announced its quarterly earnings results on Tuesday, February 3rd. The company reported $0.22 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.22. The company had revenue of $3.91 billion during the quarter, compared to analysts’ expectations of $4.23 billion. Corteva had a return on equity of 9.06% and a net margin of 6.29%.The business’s quarterly revenue was down 1.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.32 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 2.96 earnings per share for the current fiscal year.

Corteva Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 2nd will be issued a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 0.9%. The ex-dividend date is Monday, March 2nd. Corteva’s payout ratio is 45.57%.

About Corteva

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.