238,405 Shares in Corteva, Inc. $CTVA Acquired by PBU The Pension Fund of Early Childhood & Youth Educators

PBU The Pension Fund of Early Childhood & Youth Educators purchased a new stake in Corteva, Inc. (NYSE:CTVA) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 238,405 shares of the company’s stock, valued at approximately $15,980,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. JPL Wealth Management LLC acquired a new position in shares of Corteva during the 3rd quarter worth $25,000. Redmont Wealth Advisors LLC acquired a new position in shares of Corteva during the 3rd quarter worth $29,000. Jackson Grant Investment Advisers Inc. raised its holdings in shares of Corteva by 90.6% during the 3rd quarter. Jackson Grant Investment Advisers Inc. now owns 448 shares of the company’s stock worth $30,000 after buying an additional 213 shares in the last quarter. Basepoint Wealth LLC acquired a new position in shares of Corteva during the 4th quarter worth $30,000. Finally, Measured Wealth Private Client Group LLC acquired a new position in shares of Corteva during the 3rd quarter worth $33,000. Institutional investors own 81.54% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on CTVA shares. UBS Group boosted their price target on Corteva from $88.00 to $90.00 and gave the stock a “neutral” rating in a report on Thursday, May 7th. Zacks Research cut Corteva from a “strong-buy” rating to a “hold” rating in a report on Friday, February 20th. The Goldman Sachs Group boosted their price target on Corteva from $88.00 to $96.00 and gave the stock a “buy” rating in a report on Tuesday, April 14th. Wells Fargo & Company increased their price target on Corteva from $85.00 to $90.00 and gave the company an “overweight” rating in a research note on Tuesday, April 21st. Finally, CICC Research boosted their price objective on Corteva from $80.00 to $93.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 13th. Fourteen equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, Corteva currently has an average rating of “Moderate Buy” and a consensus price target of $88.67.

Corteva Trading Down 0.5%

Shares of CTVA stock opened at $77.06 on Friday. The firm has a market capitalization of $51.54 billion, a P/E ratio of 45.33, a P/E/G ratio of 2.37 and a beta of 0.57. Corteva, Inc. has a twelve month low of $60.53 and a twelve month high of $85.63. The company has a quick ratio of 1.03, a current ratio of 1.47 and a debt-to-equity ratio of 0.07. The stock’s fifty day simple moving average is $81.17 and its 200 day simple moving average is $74.94.

Corteva (NYSE:CTVA) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $1.50 earnings per share for the quarter, topping analysts’ consensus estimates of $1.18 by $0.32. The business had revenue of $4.91 billion for the quarter, compared to analyst estimates of $4.64 billion. Corteva had a return on equity of 9.95% and a net margin of 6.50%.Corteva’s quarterly revenue was up 11.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.13 EPS. Corteva has set its FY 2026 guidance at 3.450-3.700 EPS. As a group, sell-side analysts predict that Corteva, Inc. will post 3.72 EPS for the current fiscal year.

Corteva Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Monday, June 1st. Corteva’s dividend payout ratio is presently 42.35%.

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.