Recent Research Analysts’ Ratings Updates for Corteva (CTVA)

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

• 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.
• 12/19/2024 – Corteva had its price target raised by analysts at Royal Bank of Canada from $68.00 to $73.00. They now have an “outperform” rating on the stock.
• 12/18/2024 – Corteva had its price target lowered by analysts at Citigroup Inc. from $70.00 to $69.00. They now have a “buy” rating on the stock.

Corteva Stock Up 1.2 %

Shares of CTVA traded up $0.78 during midday trading on Wednesday, reaching $65.06. The stock had a trading volume of 4,177,412 shares, compared to its average volume of 2,969,813. Corteva, Inc. has a 1-year low of $45.46 and a 1-year high of $65.44. The company’s fifty day simple moving average is $59.83 and its two-hundred day simple moving average is $57.69. The company has a market cap of $44.72 billion, a price-to-earnings ratio of 65.72, a PEG ratio of 1.63 and a beta of 0.77. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.50 and a quick ratio of 0.96.

Corteva Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 3rd will be paid 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 dividend yield of 1.05%. Corteva’s dividend payout ratio (DPR) is 68.69%.

Institutional Investors Weigh In On Corteva

Large investors have recently modified their holdings of the stock. Avestar Capital LLC purchased a new position in Corteva in the fourth quarter worth $220,000. MFG Wealth Management Inc. purchased a new position in Corteva in the fourth quarter worth $986,000. Naples Global Advisors LLC raised its position in Corteva by 0.4% in the fourth quarter. Naples Global Advisors LLC now owns 91,098 shares of the company’s stock worth $5,189,000 after acquiring an additional 356 shares in the last quarter. Van ECK Associates Corp raised its position in Corteva by 5.9% in the fourth quarter. Van ECK Associates Corp now owns 9,428,206 shares of the company’s stock worth $537,031,000 after acquiring an additional 525,531 shares in the last quarter. Finally, Avidian Wealth Enterprises LLC raised its position in Corteva by 3.6% in the fourth quarter. Avidian Wealth Enterprises LLC now owns 4,521 shares of the company’s stock worth $258,000 after acquiring an additional 157 shares in the last quarter. Hedge funds and other institutional investors own 81.54% of the company’s stock.

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.