CTVA stock icon

Corteva
CTVA

$53.04
0.25%
 

About: Corteva is an agricultural inputs pure play that was formed in 2019 when it was spun off from DowDuPont. The company is a leader in the development of new seed and crop protection products. Seeds generate the majority of profits with the remainder coming from crop protection products. Corteva operates globally, but around half of revenue comes from North America.

Employees: 22,500

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 22 analysts
0
News positive %
of 4 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

71% more call options, than puts

Call options by funds: $216M | Put options by funds: $126M

50% more funds holding in top 10

Funds holding in top 10: 10 [Q4 2023] → 15 (+5) [Q1 2024]

21% more capital invested

Capital invested by funds: $27.3B [Q4 2023] → $33B (+$5.7B) [Q1 2024]

11% more first-time investments, than exits

New positions opened: 141 | Existing positions closed: 127

2.4% more ownership

Funds ownership: 80.79% [Q4 2023] → 83.2% (+2.4%) [Q1 2024]

1% more funds holding

Funds holding: 1,203 [Q4 2023] → 1,217 (+14) [Q1 2024]

3% less repeat investments, than reductions

Existing positions increased: 421 | Existing positions reduced: 435

Research analyst outlook

22 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$53
0%
upside
Avg. target
$63
18%
upside
High target
$69
30%
upside

22 analyst ratings

18 positive
82%
neutral
18%
negative
0%
Mizuho
Edlain Rodriguez
13%upside
$60
Buy
Maintained
18 Jun 2024
Deutsche Bank
David Begleiter
23%upside
$65
Buy
Maintained
12 Jun 2024
Deutsche Bank
David Begleiter
23%upside
$65
Buy
Maintained
6 May 2024
RBC Capital
Arun Viswanathan
21%upside
$64
Outperform
Maintained
6 May 2024
Canaccord Genuity
Bobby Burleson
23%upside
$65
Buy
Maintained
3 May 2024

Financial journalist opinion

Based on 4 articles about CTVA published over the past 30 days