Nisa Investment Advisors LLC Reduces Stock Holdings in Corteva, Inc. $CTVA

Nisa Investment Advisors LLC reduced its position in shares of Corteva, Inc. (NYSE:CTVA) by 7.0% in the fourth quarter, HoldingsChannel reports. The firm owned 228,953 shares of the company’s stock after selling 17,138 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Corteva were worth $15,347,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Fox Run Management L.L.C. boosted its holdings in shares of Corteva by 5.1% in the third quarter. Fox Run Management L.L.C. now owns 3,361 shares of the company’s stock worth $227,000 after buying an additional 164 shares during the last quarter. IFG Advisory LLC increased its holdings in Corteva by 1.7% during the third quarter. IFG Advisory LLC now owns 9,764 shares of the company’s stock valued at $660,000 after buying an additional 166 shares during the last quarter. Kelleher Financial Advisors raised its position in Corteva by 3.8% in the third quarter. Kelleher Financial Advisors now owns 4,594 shares of the company’s stock worth $311,000 after acquiring an additional 170 shares during the period. Rosenberg Matthew Hamilton raised its position in Corteva by 6.1% in the fourth quarter. Rosenberg Matthew Hamilton now owns 2,969 shares of the company’s stock worth $199,000 after acquiring an additional 172 shares during the period. Finally, United Community Bank boosted its stake in shares of Corteva by 10.5% during the 3rd quarter. United Community Bank now owns 1,849 shares of the company’s stock worth $125,000 after acquiring an additional 176 shares during the last quarter. Institutional investors own 81.54% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on CTVA shares. UBS Group lowered Corteva from a “buy” rating to a “hold” rating in a research note on Monday, February 9th. JPMorgan Chase & Co. downgraded Corteva from an “overweight” rating to a “neutral” rating and lifted their target price for the company from $75.00 to $77.00 in a research report on Thursday, February 5th. Oppenheimer set a $86.00 price target on Corteva in a research report on Thursday, February 5th. Argus raised their price objective on Corteva from $80.00 to $91.00 and gave the stock a “buy” rating in a research note on Tuesday. Finally, Berenberg Bank lifted their price objective on Corteva from $68.00 to $78.00 and gave the company a “hold” rating in a research report on Thursday, March 26th. Fourteen analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $83.19.

Corteva Stock Up 0.3%

CTVA opened at $83.99 on Thursday. The stock has a market cap of $56.39 billion, a price-to-earnings ratio of 53.16, a price-to-earnings-growth ratio of 2.86 and a beta of 0.72. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.96 and a current ratio of 1.43. The firm’s fifty day moving average is $77.07 and its 200 day moving average is $69.88. Corteva, Inc. has a fifty-two week low of $53.40 and a fifty-two week high of $84.14.

Corteva (NYSE:CTVA) last issued its quarterly earnings results on Tuesday, February 3rd. The company reported $0.22 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.22. Corteva had a return on equity of 9.06% and a net margin of 6.29%.The business had revenue of $3.91 billion during the quarter, compared to analyst estimates of $4.23 billion. During the same quarter in the prior year, the business posted $0.32 EPS. Corteva’s revenue for the quarter was down 1.7% compared to the same quarter last year. 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 firm also recently announced a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 2nd were paid a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Monday, March 2nd. Corteva’s dividend payout ratio (DPR) is 45.57%.

Insider Buying and Selling

In related news, insider Brian Titus sold 8,311 shares of the business’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $76.55, for a total value of $636,207.05. Following the transaction, the insider directly owned 8,090 shares of the company’s stock, valued at approximately $619,289.50. The trade was a 50.67% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.14% of the company’s stock.

Corteva Company 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.