KeyCorp upgraded shares of Corteva (NYSE:CTVA – Free Report) to a hold rating in a report issued on Thursday morning,Zacks reports. KeyCorp also issued estimates for Corteva’s Q3 2026 earnings at ($0.33) EPS, Q4 2026 earnings at $0.31 EPS, FY2027 earnings at $4.00 EPS and FY2028 earnings at $4.20 EPS.
Several other research firms have also weighed in on CTVA. Barclays upped their target price on Corteva from $84.00 to $91.00 and gave the company an “overweight” rating in a report on Thursday, June 11th. BMO Capital Markets lifted their price target on Corteva from $95.00 to $100.00 and gave the stock an “outperform” rating in a research note on Monday, August 3rd. Citigroup boosted their price objective on shares of Corteva from $85.00 to $86.00 and gave the stock a “neutral” rating in a research report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $101.00 price objective on shares of Corteva in a research note on Monday, August 3rd. Finally, CICC Research raised their target price on shares of Corteva from $80.00 to $93.00 and gave the company an “outperform” rating in a report on Wednesday, May 13th. 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, the company currently has a consensus rating of “Moderate Buy” and an average target price of $91.50.
View Our Latest Analysis on Corteva
Corteva Price Performance
Corteva (NYSE:CTVA – Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The company reported $2.30 earnings per share for the quarter, beating the consensus estimate of $2.24 by $0.06. The firm had revenue of $6.38 billion during the quarter, compared to the consensus estimate of $6.60 billion. Corteva had a return on equity of 10.18% and a net margin of 5.66%.Corteva’s quarterly revenue was down 1.2% on a year-over-year basis. During the same period last year, the business posted $2.20 EPS. Corteva has set its FY 2026 guidance at 3.600-3.800 EPS. As a group, equities analysts forecast that Corteva will post 3.72 earnings per share for the current fiscal year.
Corteva Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be given a dividend of $0.18 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $0.72 annualized dividend and a yield of 0.9%. Corteva’s dividend payout ratio (DPR) is presently 47.68%.
Institutional Trading of Corteva
Institutional investors and hedge funds have recently made changes to their positions in the stock. EFG International AG acquired a new position in Corteva in the 2nd quarter valued at about $25,000. Compass Financial Management LLC acquired a new stake in shares of Corteva during the 2nd quarter worth about $25,000. Elevation Wealth Partners LLC grew its holdings in shares of Corteva by 334.6% during the second quarter. Elevation Wealth Partners LLC now owns 339 shares of the company’s stock worth $29,000 after buying an additional 261 shares in the last quarter. Clearstead Trust LLC purchased a new stake in shares of Corteva during the second quarter worth about $31,000. Finally, JPL Wealth Management LLC acquired a new position in shares of Corteva in the third quarter valued at approximately $25,000. 81.54% of the stock is currently owned by hedge funds and other institutional investors.
Trending Headlines about Corteva
Here are the key news stories impacting Corteva this week:
- Positive Sentiment: Long-term earnings outlook improved: KeyCorp projects $4.00 in fiscal 2027 EPS and $4.20 in fiscal 2028 EPS, above the current-year consensus estimate of $3.72. The forecasts suggest expectations for continued earnings growth beyond 2026.
- Positive Sentiment: New crop-protection venture: Corteva and Globachem agreed to form a joint venture focused on developing and commercializing formulated crop-protection products in high-growth markets. The partnership could expand Corteva’s product pipeline and commercial reach, although financial details were not disclosed. Corteva and Globachem joint venture announcement
- Neutral Sentiment: Near-term estimates are mixed: KeyCorp expects a $0.33 per-share loss in the third quarter of 2026 but $0.31 in EPS for the fourth quarter. The estimates are broadly consistent with Corteva’s seasonal earnings pattern and do not change the current full-year consensus of $3.72 EPS.
- Negative Sentiment: PFAS settlement adds a legal cost: Corteva, DuPont and Chemours agreed to pay $455 million to North Carolina and 11 local entities over contamination claims associated with the Fayetteville Works plant and historical discharges. The settlement removes some litigation uncertainty but may pressure cash flow and reinforces environmental-liability concerns. Reuters PFAS settlement report
Corteva Company Profile
Corteva, Inc is a global agricultural science company that develops and supplies seed, crop protection and digital agriculture solutions. Its products are designed to help farmers improve crop productivity, manage pests and weeds, and address changing environmental and agricultural conditions.
The company’s seed portfolio includes corn, soybean, wheat, sunflower, canola, cotton and other crop varieties marketed under brands such as Pioneer and Brevant. Corteva also provides herbicides, insecticides, fungicides and biological products, including solutions associated with its Enlist weed-control system and other crop protection technologies.
Corteva serves farmers, agricultural retailers and other customers across North America, Latin America, Europe, Asia and other international markets.
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