Recent Research Analysts’ Ratings Changes for Corteva (CTVA)

A number of firms have modified their ratings and price targets on shares of Corteva (NYSE: CTVA) recently:

• 2/11/2025 – Corteva had its price target raised by analysts at Bank of America Co. from $69.00 to $73.00. They now have a “buy” rating on the stock.
• 2/10/2025 – Corteva was upgraded by analysts at BNP Paribas to a “hold” rating.
• 2/7/2025 – Corteva had its price target raised by analysts at KeyCorp from $68.00 to $70.00. They now have an “overweight” rating on the stock.
• 2/7/2025 – Corteva had its price target raised by analysts at Royal Bank of Canada from $72.00 to $73.00. They now have an “outperform” rating on the stock.
• 2/7/2025 – Corteva had its price target raised by analysts at Oppenheimer Holdings Inc. from $70.00 to $72.00. They now have an “outperform” rating on the stock.
• 1/29/2025 – Corteva had its price target raised by analysts at Citigroup Inc. from $69.00 to $74.00. They now have a “buy” rating on the stock.
• 1/28/2025 – Corteva had its price target raised by analysts at Wells Fargo & Company from $67.00 to $73.00. They now have an “overweight” rating on the stock.
• 1/21/2025 – Corteva had its price target raised by analysts at Barclays PLC from $62.00 to $64.00. They now have an “equal weight” rating on the stock.
• 1/10/2025 – Corteva had its price target lowered by analysts at KeyCorp from $69.00 to $68.00. They now have an “overweight” rating on the stock.
• 1/10/2025 – Corteva had its price target lowered by analysts at UBS Group AG from $74.00 to $73.00. They now have a “buy” rating on the stock.

Corteva Stock Performance

Shares of CTVA traded down $0.59 during mid-day trading on Wednesday, hitting $63.87. 85,994 shares of the company traded hands, compared to its average volume of 3,581,125. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.93 and a current ratio of 1.45. The stock has a 50-day moving average price of $60.58 and a two-hundred day moving average price of $58.67. Corteva, Inc. has a 1 year low of $50.01 and a 1 year high of $66.24. The stock has a market cap of $43.90 billion, a price-to-earnings ratio of 49.51, a P/E/G ratio of 1.68 and a beta of 0.78.

Corteva (NYSE:CTVA) last released its quarterly earnings data on Wednesday, February 5th. The company reported $0.32 earnings per share for the quarter, missing the consensus estimate of $0.34 by ($0.02). Corteva had a net margin of 5.36% and a return on equity of 7.19%. Equities analysts anticipate that Corteva, Inc. will post 2.96 earnings per share for the current year.

Corteva Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 3rd will be given a dividend of $0.17 per share. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $0.68 annualized dividend and a yield of 1.06%. Corteva’s dividend payout ratio (DPR) is 52.71%.

Institutional Trading of Corteva

Several large investors have recently added to or reduced their stakes in CTVA. Exchange Traded Concepts LLC grew its position in Corteva by 1,058.7% during the third quarter. Exchange Traded Concepts LLC now owns 2,329 shares of the company’s stock valued at $137,000 after buying an additional 2,128 shares during the period. Creative Planning boosted its position in shares of Corteva by 1.3% in the third quarter. Creative Planning now owns 139,342 shares of the company’s stock worth $8,192,000 after purchasing an additional 1,784 shares during the period. Blue Trust Inc. boosted its position in shares of Corteva by 20.4% during the third quarter. Blue Trust Inc. now owns 12,807 shares of the company’s stock worth $691,000 after acquiring an additional 2,174 shares during the last quarter. Raymond James & Associates raised its stake in Corteva by 23.1% during the third quarter. Raymond James & Associates now owns 505,375 shares of the company’s stock valued at $29,711,000 after purchasing an additional 94,689 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC raised its stake in shares of Corteva by 19.5% in the third quarter. Allspring Global Investments Holdings LLC now owns 48,470 shares of the company’s stock valued at $2,850,000 after acquiring an additional 7,923 shares during the period. 81.54% of the stock is currently owned by institutional investors.

Corteva, Inc operates in the agriculture business. It operates through two segments, Seed and Crop Protection. The Seed segment develops and supplies advanced germplasm and traits that produce optimum yield for farms. It offers trait technologies that enhance resistance to weather, disease, insects, and herbicides used to control weeds, as well as food and nutritional characteristics.