Nutrien (NTR)

• Market cap: $25.7B
• 1 day: -1.05%
• 5 days: 3.44%
• 1 month: 2.53%
• 3 months: 12.20%
• 6 months: 10.14%
• Year to date: 16.14%
• 1 year: 4.26%
• 5 years: 23.57%
• 10 years: -3.95%

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 North America and Australia, 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 Q4 regulatory filings by fund managers ($100M+ AUM)

40% more funds holding in top 10

Funds holding in top 10: 10 [Q3] → 14 (+4) [Q4]

22% more call options, than puts

Call options by funds: $430M | Put options by funds: $351M

20% more capital invested

Capital invested by funds: $16.2B [Q3] → $19.3B (+$3.17B) [Q4]

1% more first-time investments, than exits

New positions opened: 76 | Existing positions closed: 75

3% less repeat investments, than reductions

Existing positions increased: 199 | Existing positions reduced: 205

2.27% less ownership

Funds ownership: 67.8% [Q3] → 65.53% (-2.27%) [Q4]

3% less funds holding

Funds holding: 587 [Q3] → 567 (-20) [Q4]

Research analyst outlook

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

• Low target: $50 5% downside
• Avg. target: $57 8% upside
• High target: $63 20% upside

11 analyst ratings

• positive: 5 45%
• neutral: 6 55%
• negative: 0 0%

Wells Fargo Richard Garchitorena 56% 1-year accuracy 5 / 9 met price target	6% upside $56	Equal-Weight Maintained	21 Feb 2025
Mizuho Christopher Parkinson 100% 1-year accuracy 3 / 3 met price target	5% upside $55	Neutral Maintained	20 Feb 2025
UBS Eric Beaumont 47% 1-year accuracy 7 / 15 met price target	3% upside $54	Neutral Maintained	20 Feb 2025
Scotiabank Ben Isaacson 23% 1-year accuracy 3 / 13 met price target	14% upside $60	Sector Outperform Maintained	10 Feb 2025
UBS Joshua Spector 45% 1-year accuracy 17 / 38 met price target	1% upside $53	Neutral Maintained	28 Jan 2025