Corteva, Inc. $CTVA Stock Position Boosted by NEOS Investment Management LLC

NEOS Investment Management LLC raised its stake in shares of Corteva, Inc. (NYSE:CTVA) by 40.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 90,740 shares of the company’s stock after buying an additional 26,276 shares during the period. NEOS Investment Management LLC’s holdings in Corteva were worth $6,137,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the stock. Activest Wealth Management lifted its position in Corteva by 118.3% in the third quarter. Activest Wealth Management now owns 369 shares of the company’s stock worth $25,000 after purchasing an additional 200 shares during the period. True Wealth Design LLC lifted its holdings in shares of Corteva by 209.5% in the third quarter. True Wealth Design LLC now owns 390 shares of the company’s stock valued at $26,000 after buying an additional 264 shares during the period. Total Investment Management Inc. bought a new position in Corteva during the second quarter valued at about $27,000. Curat Global LLC grew its holdings in Corteva by 93.7% during the second quarter. Curat Global LLC now owns 370 shares of the company’s stock worth $28,000 after acquiring an additional 179 shares during the period. Finally, Twin Peaks Wealth Advisors LLC bought a new stake in Corteva in the second quarter worth about $29,000. 81.54% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on CTVA shares. Rothschild & Co Redburn lowered their price objective on shares of Corteva from $71.00 to $65.00 and set a “neutral” rating on the stock in a research note on Tuesday, November 11th. Mizuho lifted their price target on shares of Corteva from $80.00 to $82.00 and gave the stock an “outperform” rating in a research report on Tuesday. Argus upgraded Corteva to a “strong-buy” rating in a research report on Friday, January 16th. Citigroup lifted their target price on Corteva from $74.00 to $80.00 and gave the stock a “neutral” rating in a report on Thursday, February 5th. Finally, Wall Street Zen downgraded Corteva from a “buy” rating to a “hold” rating in a report on Saturday, February 7th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, Corteva currently has an average rating of “Moderate Buy” and an average target price of $82.30.

Corteva Stock Performance

Shares of Corteva stock opened at $76.60 on Thursday. Corteva, Inc. has a 12 month low of $53.40 and a 12 month high of $77.41. The company has a quick ratio of 0.96, a current ratio of 1.43 and a debt-to-equity ratio of 0.07. The stock has a market cap of $51.52 billion, a PE ratio of 48.48, a price-to-earnings-growth ratio of 2.57 and a beta of 0.75. The business has a fifty day simple moving average of $70.29 and a 200-day simple moving average of $68.52.

Corteva (NYSE:CTVA) last announced its quarterly earnings data on Tuesday, February 3rd. The company reported $0.22 earnings per share (EPS) for the quarter, hitting the consensus estimate 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 during the quarter, compared to the consensus estimate of $4.23 billion. During the same period in the prior year, the business earned $0.32 EPS. The business’s revenue for the quarter 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, sell-side analysts anticipate that Corteva, Inc. will post 2.96 EPS for the current fiscal year.

Corteva Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 2nd will be paid 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 dividend payout ratio is currently 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.