Equitable Holdings Inc. Takes $828,000 Position in CF Industries Holdings, Inc. $CF

Equitable Holdings Inc. acquired a new position in shares of CF Industries Holdings, Inc. (NYSE:CF) in the second quarter, HoldingsChannel.com reports. The firm acquired 7,645 shares of the basic materials company’s stock, valued at approximately $828,000.

Several other hedge funds also recently modified their holdings of the stock. Himension Capital Singapore PTE. LTD. acquired a new position in CF Industries during the first quarter valued at approximately $25,000. Virtus Advisers LLC bought a new position in CF Industries in the second quarter valued at approximately $25,000. Keating Financial Advisory Services Inc. acquired a new position in shares of CF Industries during the 2nd quarter worth approximately $29,000. Hantz Financial Services Inc. increased its position in shares of CF Industries by 46.3% during the 4th quarter. Hantz Financial Services Inc. now owns 493 shares of the basic materials company’s stock worth $38,000 after purchasing an additional 156 shares during the last quarter. Finally, MUFG Securities EMEA plc bought a new stake in shares of CF Industries during the 2nd quarter worth approximately $44,000. Institutional investors own 93.06% of the company’s stock.

CF Industries Stock Up 0.0%

CF Industries stock opened at $125.75 on Friday. The company’s 50-day moving average price is $118.18 and its two-hundred day moving average price is $116.87. The company has a quick ratio of 4.32, a current ratio of 4.86 and a debt-to-equity ratio of 0.36. The stock has a market cap of $19.03 billion, a P/E ratio of 9.32, a P/E/G ratio of 0.25 and a beta of 0.39. CF Industries Holdings, Inc. has a twelve month low of $75.42 and a twelve month high of $141.96.

CF Industries (NYSE:CF) last released its quarterly earnings results on Wednesday, August 5th. The basic materials company reported $4.73 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.63 by ($0.90). CF Industries had a net margin of 27.12% and a return on equity of 24.41%. The firm had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $2.45 billion. During the same quarter last year, the firm earned $2.37 earnings per share. The business’s revenue for the quarter was up 17.6% compared to the same quarter last year. As a group, analysts expect that CF Industries Holdings, Inc. will post 13.7 EPS for the current year.

CF Industries Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 31st. Stockholders of record on Friday, August 14th will be given a $0.60 dividend. The ex-dividend date is Friday, August 14th. This is a positive change from CF Industries’s previous quarterly dividend of $0.50. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.9%. CF Industries’s dividend payout ratio (DPR) is presently 17.79%.

Wall Street Analysts Forecast Growth

CF has been the topic of several analyst reports. Morgan Stanley dropped their price target on shares of CF Industries from $135.00 to $115.00 and set an “equal weight” rating on the stock in a research report on Tuesday, July 7th. Weiss Ratings downgraded shares of CF Industries from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, August 21st. UBS Group boosted their price objective on shares of CF Industries from $115.00 to $123.00 and gave the stock a “neutral” rating in a research note on Friday, August 7th. Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating and issued a $129.00 target price on shares of CF Industries in a report on Friday, July 24th. Finally, Berenberg Bank raised their target price on shares of CF Industries from $86.00 to $106.00 and gave the company a “hold” rating in a research note on Thursday, May 28th. Two research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, ten have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $116.56.

Trending Headlines about CF Industries

Here are the key news stories impacting CF Industries this week:

• Positive Sentiment: CF Industries and its partners broke ground on the roughly $3.7 billion Blue Point One low-carbon ammonia plant in Louisiana. The project is designed to produce approximately 1.4 million metric tons annually, with production targeted for 2029. It could strengthen domestic fertilizer supply while positioning CF in the emerging lower-carbon ammonia market. CF Industries and Partners Break Ground on Low-Carbon Ammonia Plant
• Positive Sentiment: Investor Kevin Simpson disclosed that he is buying more CF Industries, describing the fertilizer producer as an attractive way to participate in U.S. reindustrialization. His endorsement may support sentiment around CF’s valuation, domestic manufacturing exposure and expected demand for nitrogen products. Kevin Simpson is buying this play on America’s reindustrialization at a very attractive price
• Positive Sentiment: Coverage contrasted CF’s progress with setbacks affecting Woodside’s blue-ammonia project, highlighting CF’s ability to advance its own lower-carbon ammonia strategy. Woodside blue ammonia plant stumbles, though CF moves ahead
• Neutral Sentiment: The Louisiana project represents a major multiyear capital commitment, so investors will likely monitor construction costs, financing, regulatory support and whether low-carbon ammonia demand develops as expected before the planned 2029 startup. CF Industries and partners break ground on Louisiana ammonia plant

CF Industries Profile

CF Industries Holdings, Inc is a leading global manufacturer of hydrogen and nitrogen products for agricultural and industrial customers. The company specializes in the production of ammonia, granular urea, urea ammonium nitrate (UAN), nitric acid and ammonium nitrate, which serve as key inputs for fertilizer blends, industrial chemicals and other downstream applications.

Headquartered in Deerfield, Illinois, CF Industries operates production facilities and distribution terminals across North America and the United Kingdom.