Sequoia Financial Advisors LLC Has $3.50 Million Holdings in Corteva, Inc. $CTVA

Sequoia Financial Advisors LLC grew its holdings in Corteva, Inc. (NYSE:CTVA) by 18.4% in the 2nd quarter, Holdings Channel reports. The fund owned 41,265 shares of the company’s stock after purchasing an additional 6,404 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Corteva were worth $3,495,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of CTVA. California State Teachers Retirement System increased its position in Corteva by 7,664.4% during the second quarter. California State Teachers Retirement System now owns 139,830,304 shares of the company’s stock worth $11,842,228,000 after acquiring an additional 138,029,377 shares during the period. BlackRock Inc. bought a new stake in Corteva in the 2nd quarter valued at $4,560,180,000. State Street Corp grew its position in Corteva by 3.7% in the 4th quarter. State Street Corp now owns 36,570,876 shares of the company’s stock worth $2,451,346,000 after purchasing an additional 1,290,071 shares during the last quarter. Franklin Resources Inc. increased its holdings in shares of Corteva by 4.3% during the 4th quarter. Franklin Resources Inc. now owns 19,537,500 shares of the company’s stock worth $1,309,599,000 after purchasing an additional 805,873 shares during the period. Finally, Harris Associates L P increased its holdings in shares of Corteva by 168.1% during the 4th quarter. Harris Associates L P now owns 17,026,221 shares of the company’s stock worth $1,141,268,000 after purchasing an additional 10,675,052 shares during the period. Institutional investors and hedge funds own 81.54% of the company’s stock.

Corteva Price Performance

NYSE:CTVA opened at $83.54 on Friday. The company has a 50-day moving average of $83.49 and a 200-day moving average of $81.33. The company has a market capitalization of $55.74 billion, a price-to-earnings ratio of 55.32, a PEG ratio of 2.58 and a beta of 0.57. Corteva, Inc. has a 52 week low of $60.53 and a 52 week high of $90.97. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.10 and a current ratio of 1.52.

Corteva (NYSE:CTVA) last posted its earnings results on Thursday, July 30th. The company reported $2.30 earnings per share for the quarter, beating analysts’ consensus estimates of $2.24 by $0.06. The business had revenue of $6.38 billion for the quarter, compared to analysts’ expectations of $6.60 billion. Corteva had a net margin of 5.66% and a return on equity of 10.18%. The firm’s revenue for the quarter was down 1.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.20 earnings per share. Corteva has set its FY 2026 guidance at 3.600-3.800 EPS. As a group, equities research analysts anticipate that Corteva, Inc. will post 3.72 earnings per share for the current fiscal year.

Corteva Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be issued 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 of this dividend is Tuesday, September 1st. Corteva’s payout ratio is presently 47.68%.

Key Headlines Impacting Corteva

Here are the key news stories impacting Corteva this week:

• Positive Sentiment: Long-term earnings outlook is constructive: KeyCorp estimates Corteva will earn $4.00 per share in fiscal 2027 and $4.20 in fiscal 2028, above the current-year consensus estimate of $3.72. The forecasts suggest expected earnings growth following 2026, although the firm projects a seasonal loss of $0.33 per share in the third quarter and $0.31 of EPS in the fourth quarter.
• Positive Sentiment: New crop-protection venture: Corteva and Globachem plan to launch a joint venture focused on developing new crop-protection solutions. The partnership could expand Corteva’s product pipeline and support longer-term growth in agricultural inputs. Corteva, Globachem to Launch Joint Venture Focused on New Crop Protection Solutions
• Neutral Sentiment: KeyCorp begins coverage at “sector weight”: The rating is effectively neutral, indicating that KeyCorp does not expect Corteva to materially outperform or underperform its broader sector. The new coverage adds analyst visibility but does not provide a strong near-term catalyst.
• Negative Sentiment: PFAS settlement adds legal costs: Corteva, DuPont and Chemours agreed to pay $455 million to North Carolina and 11 local entities to resolve claims tied to PFAS contamination associated with the Fayetteville Works plant and other historical discharges. One law-firm release described the settlement as $380 million, suggesting differing descriptions of the agreement’s total components. The payment may pressure cash flow and keeps environmental liabilities in focus, although it removes uncertainty related to these specific claims. Chemours, DuPont, Corteva settle North Carolina forever chemicals claims

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. Citigroup increased their target price on shares of Corteva from $85.00 to $86.00 and gave the company a “neutral” rating in a research note on Monday, August 3rd. Oppenheimer boosted their price target on Corteva from $89.00 to $95.00 and gave the company an “outperform” rating in a research note on Thursday, July 23rd. BMO Capital Markets upped their price target on Corteva from $95.00 to $100.00 and gave the company an “outperform” rating in a report on Monday, August 3rd. KeyCorp began coverage on Corteva in a research report on Thursday. They issued a “sector weight” rating for the company. Finally, Barclays lifted their price objective on Corteva from $84.00 to $91.00 and gave the stock an “overweight” rating in a report on Thursday, June 11th. Fourteen investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $91.50.

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.