Vista Investment Partners LLC Invests $537,000 in Corteva, Inc. $CTVA

Vista Investment Partners LLC bought a new stake in shares of Corteva, Inc. (NYSE:CTVA) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 8,014 shares of the company’s stock, valued at approximately $537,000.

Several other large investors have also added to or reduced their stakes in CTVA. Chilton Capital Management LLC raised its stake in Corteva by 18.1% in the third quarter. Chilton Capital Management LLC now owns 445,350 shares of the company’s stock worth $30,119,000 after buying an additional 68,380 shares in the last quarter. TriaGen Wealth Management LLC bought a new stake in Corteva during the 3rd quarter valued at approximately $4,284,000. Truist Financial Corp grew its holdings in shares of Corteva by 4.5% during the 3rd quarter. Truist Financial Corp now owns 321,913 shares of the company’s stock worth $21,771,000 after acquiring an additional 13,910 shares during the period. New York State Teachers Retirement System raised its position in shares of Corteva by 4.5% in the 3rd quarter. New York State Teachers Retirement System now owns 551,389 shares of the company’s stock worth $37,290,000 after acquiring an additional 23,548 shares in the last quarter. Finally, Alberta Investment Management Corp bought a new position in shares of Corteva in the 3rd quarter worth approximately $5,018,000. Institutional investors own 81.54% of the company’s stock.

Wall Street Analysts Forecast Growth

CTVA has been the topic of several research reports. Bank of America lifted their price target on Corteva from $80.00 to $82.00 and gave the company a “buy” rating in a research report on Thursday, January 8th. Zacks Research lowered Corteva from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 20th. CICC Research boosted their target price on shares of Corteva from $70.00 to $80.00 and gave the company an “outperform” rating in a report on Wednesday, February 11th. Wolfe Research upped their target price on shares of Corteva from $81.00 to $86.00 and gave the stock an “outperform” rating in a research report on Thursday, February 5th. Finally, Mizuho increased their price target on shares of Corteva from $80.00 to $82.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 17th. Fourteen investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat, Corteva presently has a consensus rating of “Moderate Buy” and an average price target of $83.19.

Corteva Stock Up 0.3%

Shares of NYSE:CTVA opened at $83.99 on Thursday. The stock has a fifty day simple moving average of $77.07 and a two-hundred day simple moving average of $69.88. The stock has a market capitalization of $56.39 billion, a price-to-earnings ratio of 53.16, a PEG ratio of 2.86 and a beta of 0.72. Corteva, Inc. has a 12-month low of $53.40 and a 12-month high of $84.14. 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 (NYSE:CTVA) last released its earnings results on Tuesday, February 3rd. The company reported $0.22 EPS for the quarter, hitting analysts’ consensus estimates of $0.22. Corteva had a return on equity of 9.06% and a net margin of 6.29%.The firm had revenue of $3.91 billion for the quarter, compared to analysts’ expectations of $4.23 billion. During the same period in the prior year, the firm posted $0.32 earnings per share. The company’s quarterly revenue was down 1.7% on a year-over-year basis. Corteva has set its FY 2026 guidance at 3.450-3.700 EPS. On average, research analysts anticipate that Corteva, Inc. will post 2.96 earnings per share for the current fiscal year.

Corteva Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 2nd were 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 was Monday, March 2nd. Corteva’s dividend payout ratio (DPR) is currently 45.57%.

Insider Transactions at Corteva

In other Corteva news, insider Brian Titus sold 8,311 shares of Corteva stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $76.55, for a total value of $636,207.05. Following the completion of the transaction, the insider directly owned 8,090 shares of the company’s stock, valued at approximately $619,289.50. The trade was a 50.67% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.14% of the company’s stock.

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.