Lansforsakringar Fondforvaltning AB publ Has $14.49 Million Stock Position in Corteva, Inc. $CTVA

Lansforsakringar Fondforvaltning AB publ grew its holdings in shares of Corteva, Inc. (NYSE:CTVA) by 4.2% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 214,191 shares of the company’s stock after buying an additional 8,639 shares during the period. Lansforsakringar Fondforvaltning AB publ’s holdings in Corteva were worth $14,486,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Dearborn Partners LLC lifted its position in shares of Corteva by 0.5% during the 3rd quarter. Dearborn Partners LLC now owns 470,442 shares of the company’s stock valued at $31,816,000 after acquiring an additional 2,456 shares during the period. Jackson Grant Investment Advisers Inc. increased its stake in Corteva by 90.6% in the third quarter. Jackson Grant Investment Advisers Inc. now owns 448 shares of the company’s stock valued at $30,000 after purchasing an additional 213 shares in the last quarter. Personal CFO Solutions LLC increased its stake in Corteva by 30.1% in the third quarter. Personal CFO Solutions LLC now owns 16,567 shares of the company’s stock valued at $1,120,000 after purchasing an additional 3,836 shares in the last quarter. Stevens Capital Management LP acquired a new position in shares of Corteva during the third quarter valued at about $664,000. Finally, Hillsdale Investment Management Inc. boosted its position in shares of Corteva by 18.9% during the 3rd quarter. Hillsdale Investment Management Inc. now owns 13,240 shares of the company’s stock worth $895,000 after purchasing an additional 2,100 shares in the last quarter. Institutional investors own 81.54% of the company’s stock.

Wall Street Analysts Forecast Growth

CTVA has been the subject of a number of research analyst reports. CICC Research boosted their target price on Corteva from $70.00 to $80.00 and gave the company an “outperform” rating in a research report on Wednesday, February 11th. Mizuho raised their price objective on Corteva from $80.00 to $82.00 and gave the company an “outperform” rating in a research note on Tuesday, February 17th. Citigroup upped their target price on Corteva from $74.00 to $80.00 and gave the stock a “neutral” rating in a research report on Thursday, February 5th. UBS Group downgraded shares of Corteva from a “buy” rating to a “hold” rating in a research report on Monday, February 9th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Corteva in a research note on Monday, December 29th. Two investment 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, the company presently has an average rating of “Moderate Buy” and an average price target of $82.30.

Corteva Stock Up 0.1%

Shares of NYSE:CTVA opened at $76.42 on Tuesday. The business’s 50 day moving average is $70.93 and its 200 day moving average is $68.60. Corteva, Inc. has a 12-month low of $53.40 and a 12-month high of $77.41. The stock has a market cap of $51.39 billion, a price-to-earnings ratio of 48.37, a PEG ratio of 2.60 and a beta of 0.75. The company has a quick ratio of 0.96, a current ratio of 1.43 and a debt-to-equity ratio of 0.07.

Corteva (NYSE:CTVA) last issued its quarterly earnings data on Tuesday, February 3rd. The company reported $0.22 earnings per share for the quarter, meeting the consensus estimate of $0.22. The business had revenue of $3.91 billion for the quarter, compared to analysts’ expectations of $4.23 billion. Corteva had a return on equity of 9.06% and a net margin of 6.29%.The business’s revenue was down 1.7% on a year-over-year basis. During the same period last year, the business earned $0.32 EPS. Corteva has set its FY 2026 guidance at 3.450-3.700 EPS. On average, sell-side analysts forecast that Corteva, Inc. will post 2.96 earnings per share for the current fiscal year.

Corteva Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 2nd will be issued a dividend of $0.18 per share. The ex-dividend date is Monday, March 2nd. This represents a $0.72 annualized dividend and a yield of 0.9%. Corteva’s payout ratio is 45.57%.

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.