Nutrien (NYSE:NTR) Rating Increased to Overweight at Wells Fargo & Company

Wells Fargo & Company upgraded shares of Nutrien (NYSE:NTR) from an equal weight rating to an overweight rating in a research report report published on Friday morning, Marketbeat reports. The brokerage currently has $100.00 price objective on the stock, up from their previous price objective of $77.00.

Other equities research analysts also recently issued reports about the stock. Raymond James Financial lifted their target price on shares of Nutrien from $68.00 to $74.00 and gave the stock a “market perform” rating in a research report on Friday, February 20th. Zacks Research downgraded shares of Nutrien from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 2nd. BNP Paribas Exane lowered shares of Nutrien from an “outperform” rating to a “neutral” rating in a report on Monday, February 23rd. TD Securities boosted their price objective on shares of Nutrien from $80.00 to $81.00 and gave the stock a “buy” rating in a research note on Tuesday, February 17th. Finally, Morgan Stanley upgraded Nutrien from an “equal weight” rating to an “overweight” rating and increased their price objective for the company from $70.00 to $77.00 in a report on Wednesday, January 14th. Ten research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $75.47.

Nutrien Price Performance

Nutrien stock opened at $82.86 on Friday. The stock has a 50-day moving average price of $70.20 and a two-hundred day moving average price of $62.61. Nutrien has a 12 month low of $45.78 and a 12 month high of $85.36. The company has a market capitalization of $39.87 billion, a PE ratio of 17.78 and a beta of 0.70. The company has a current ratio of 1.34, a quick ratio of 0.70 and a debt-to-equity ratio of 0.37.

Nutrien (NYSE:NTR) last released its quarterly earnings results on Wednesday, February 18th. The company reported $0.83 earnings per share for the quarter, missing the consensus estimate of $0.87 by ($0.04). Nutrien had a return on equity of 8.41% and a net margin of 8.43%.The firm had revenue of $5.12 billion for the quarter, compared to the consensus estimate of $5.26 billion. During the same quarter last year, the firm posted $0.31 earnings per share. The business’s revenue for the quarter was up 5.1% on a year-over-year basis. Analysts expect that Nutrien will post 3.72 EPS for the current year.

Nutrien Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 16th. Shareholders of record on Tuesday, March 31st will be issued a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a yield of 2.7%. The ex-dividend date is Tuesday, March 31st. This is a positive change from Nutrien’s previous quarterly dividend of $0.55. Nutrien’s dividend payout ratio (DPR) is 46.78%.

Institutional Investors Weigh In On Nutrien

Institutional investors have recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Nutrien by 65.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,224 shares of the company’s stock valued at $1,253,000 after buying an additional 9,950 shares during the period. NewEdge Advisors LLC grew its holdings in Nutrien by 6.2% during the 1st quarter. NewEdge Advisors LLC now owns 6,907 shares of the company’s stock worth $343,000 after acquiring an additional 404 shares during the period. Focus Partners Wealth acquired a new stake in Nutrien during the 1st quarter worth about $516,000. Acadian Asset Management LLC bought a new position in shares of Nutrien in the 1st quarter worth about $54,000. Finally, Wedbush Securities Inc. bought a new position in shares of Nutrien in the 2nd quarter worth about $226,000. 63.10% of the stock is owned by institutional investors.

Trending Headlines about Nutrien

Here are the key news stories impacting Nutrien this week:

• Positive Sentiment: Analyst upgrades: Wells Fargo upgraded NTR to “overweight” with a $100 PT (from $77), signaling ~21% upside and boosting investor optimism. Wells Fargo Upgrade
• Positive Sentiment: Jefferies upgraded NTR from “hold” to “buy” and raised its PT to $96, reinforcing the bullish analyst momentum. Jefferies Upgrade
• Positive Sentiment: Sector tailwind: Multiple reports tie fertilizer-stock rallies to disruptions in the Middle East (Iran war), which is supporting fertilizer prices and margin outlooks for producers like Nutrien. MSN: Iran War & Fertilizers
• Positive Sentiment: Unusually large options activity: Traders bought ~17,115 call options (≈183% above average), suggesting bullish speculative interest or hedging into recent strength.
• Neutral Sentiment: Technical upside — analysts/commentary note a cup‑and‑handle forming and the stock hitting multi‑year highs, which can attract momentum buyers but also invites profit‑taking. Invezz: Technical Pattern
• Neutral Sentiment: Analyst caution: A Zacks write‑up that followed the big one‑day jump flagged that recent earnings‑estimate revision trends may not guarantee further near‑term upside, tempering runaway bullishness. Zacks Commentary
• Negative Sentiment: Recent fundamentals: Nutrien’s Feb. quarter missed consensus on EPS and revenue, which remains a concrete downside risk if fertilizer price strength proves short‑lived or agricultural demand softens.

About Nutrien

Nutrien Ltd. is a global fertilizer and agricultural-services company headquartered in Saskatoon, Saskatchewan, Canada. The company is publicly traded and operates across the farm input value chain, combining upstream fertilizer production with a broad retail and services platform aimed at supporting crop production worldwide. Nutrien’s business model integrates the manufacture and distribution of crop nutrients with on-the-ground agronomic support for growers and agricultural businesses.

Nutrien produces and supplies the three primary fertilizer nutrients—potash, nitrogen and phosphate—through its wholesale operations, and markets a wide range of crop inputs including seeds and crop protection products.