Nutrien
About: Created in 2018 as a result of the merger between PotashCorp and Agrium, Nutrien is the world's largest fertilizer producer by capacity. Nutrien produces the three main crop nutrients--nitrogen, potash, and phosphate--although its main focus is potash, where it is the global leader in installed capacity with a roughly 20% market share. The company is also the largest agricultural retailer in the United States, selling fertilizers, crop chemicals, seeds, and services directly to farm customers through its brick-and-mortar stores and online platforms.
Employees: 25,900
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
40% more call options, than puts
Call options by funds: $301M | Put options by funds: $215M
7% more funds holding in top 10
Funds holding in top 10: 14 [Q1] → 15 (+1) [Q2]
1.9% more ownership
Funds ownership: 63.28% [Q1] → 65.18% (+1.9%) [Q2]
10% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 63
5% more repeat investments, than reductions
Existing positions increased: 224 | Existing positions reduced: 213
1% more funds holding
Funds holding: 611 [Q1] → 617 (+6) [Q2]
3% less capital invested
Capital invested by funds: $17.1B [Q1] → $16.5B (-$546M) [Q2]
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
UBS Joshua Spector 58% 1-year accuracy 21 / 36 met price target | 7%upside $51 | Neutral Downgraded | 10 Oct 2024 |
Wells Fargo Richard Garchitorena 64% 1-year accuracy 7 / 11 met price target | 5%upside $50 | Equal-Weight Downgraded | 24 Sept 2024 |
RBC Capital Andrew Wong 100% 1-year accuracy 5 / 5 met price target | 26%upside $60 | Outperform Reiterated | 20 Sept 2024 |
Goldman Sachs Adam Samuelson 67% 1-year accuracy 8 / 12 met price target | 11%upside $53 | Neutral Downgraded | 10 Sept 2024 |
Barclays Benjamin Theurer 39% 1-year accuracy 12 / 31 met price target | 15%upside $55 | Overweight Maintained | 16 Aug 2024 |
Financial journalist opinion
Based on 4 articles about NTR published over the past 30 days