K.J. Harrison & Partners Inc Has $686,000 Stock Position in Corteva, Inc. $CTVA

K.J. Harrison & Partners Inc reduced its stake in Corteva, Inc. (NYSE:CTVA) by 55.6% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 10,800 shares of the company’s stock after selling 13,500 shares during the period. K.J. Harrison & Partners Inc’s holdings in Corteva were worth $686,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in CTVA. Total Investment Management Inc. acquired a new position in Corteva in the second quarter valued at about $27,000. Activest Wealth Management increased its stake in shares of Corteva by 118.3% in the 3rd quarter. Activest Wealth Management now owns 369 shares of the company’s stock valued at $25,000 after acquiring an additional 200 shares during the last quarter. True Wealth Design LLC raised its position in shares of Corteva by 209.5% in the 3rd quarter. True Wealth Design LLC now owns 390 shares of the company’s stock valued at $26,000 after acquiring an additional 264 shares during the period. Twin Peaks Wealth Advisors LLC bought a new position in Corteva during the 2nd quarter worth approximately $29,000. Finally, Redmont Wealth Advisors LLC acquired a new position in Corteva during the third quarter valued at approximately $29,000. Institutional investors own 81.54% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have weighed in on CTVA. UBS Group lowered shares of Corteva from a “buy” rating to a “hold” rating in a report on Monday, February 9th. Rothschild & Co Redburn lowered their price objective on shares of Corteva from $71.00 to $65.00 and set a “neutral” rating for the company in a research report on Tuesday, November 11th. Oppenheimer set a $86.00 price objective on Corteva in a research note on Thursday, February 5th. Zacks Research cut Corteva from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 20th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Corteva in a report on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, Corteva presently has an average rating of “Moderate Buy” and a consensus target price of $82.30.

Insider Buying and Selling at Corteva

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

Corteva Price Performance

Shares of NYSE CTVA opened at $78.79 on Friday. The company has a fifty day moving average price of $71.64 and a 200 day moving average price of $68.78. The firm has a market cap of $52.99 billion, a PE ratio of 49.87, a PEG ratio of 2.65 and a beta of 0.75. The company has a current ratio of 1.43, a quick ratio of 0.96 and a debt-to-equity ratio of 0.07. Corteva, Inc. has a 1-year low of $53.40 and a 1-year high of $78.83.

Corteva (NYSE:CTVA) last issued its quarterly earnings results on Tuesday, February 3rd. The company reported $0.22 EPS for the quarter, meeting analysts’ consensus estimates of $0.22. The company had revenue of $3.91 billion for the quarter, compared to analyst estimates of $4.23 billion. Corteva had a return on equity of 9.06% and a net margin of 6.29%.The company’s quarterly revenue was down 1.7% compared to the same quarter last year. During the same period in the previous year, the company posted $0.32 earnings per share. Corteva has set its FY 2026 guidance at 3.450-3.700 EPS. Research analysts predict that Corteva, Inc. will post 2.96 earnings per share for the current fiscal year.

Corteva Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 2nd will be given a dividend of $0.18 per share. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $0.72 dividend on an annualized basis and a yield of 0.9%. Corteva’s dividend payout ratio is 45.57%.

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.