Corteva (CTVA)

• Market cap: $43B
• 1 day: -1.68%
• 5 days: -1.17%
• 1 month: -0.57%
• 3 months: 3.29%
• 6 months: 15.62%
• Year to date: 11.40%
• 1 year: 15.75%
• 5 years: 101.02%
• 10 years: 116.41%
• Sector: Consumer Staples
• Industry: Agriculture Production Crops

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: 22,000

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

89% more first-time investments, than exits

New positions opened: 149 | Existing positions closed: 79

38% more call options, than puts

Call options by funds: $77.2M | Put options by funds: $56.1M

2% more funds holding

Funds holding: 1,207 [Q3] → 1,228 (+21) [Q4]

1.73% more ownership

Funds ownership: 83.96% [Q3] → 85.69% (+1.73%) [Q4]

4% more repeat investments, than reductions

Existing positions increased: 430 | Existing positions reduced: 413

1% less capital invested

Capital invested by funds: $34.2B [Q3] → $33.8B (-$409M) [Q4]

20% less funds holding in top 10

Funds holding in top 10: 15 [Q3] → 12 (-3) [Q4]

Research analyst outlook

8 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $64 2% upside
• Avg. target: $72 14% upside
• High target: $74 18% upside

8 analyst ratings

• positive: 7 88%
• neutral: 1 13%
• negative: 0 0%

B of A Securities Steve Byrne 59% 1-year accuracy 13 / 22 met price target	16% upside $73	Buy Maintained	11 Feb 2025
RBC Capital Arun Viswanathan 30% 1-year accuracy 20 / 66 met price target	16% upside $73	Outperform Maintained	7 Feb 2025
Oppenheimer Kristen Owen 48% 1-year accuracy 19 / 40 met price target	15% upside $72	Outperform Maintained	7 Feb 2025
Keybanc Aleksey Yefremov 39% 1-year accuracy 45 / 116 met price target	12% upside $70	Overweight Maintained	7 Feb 2025
Citigroup Patrick Cunningham 55% 1-year accuracy 18 / 33 met price target	18% upside $74	Buy Maintained	29 Jan 2025