1,187,332 Shares in The Mosaic Company $MOS Acquired by SailingStone Capital Partners LLC

Key Points

• SailingStone Capital Partners acquired 1.19 million Mosaic shares worth approximately $25.2 million, making MOS its eighth-largest holding and representing about 4.8% of its portfolio.
• Analysts maintain a consensus “Hold” rating, with a $27.17 average price target; recent firms lowered targets, while ratings span seven Buys, eleven Holds, and three Sells.
• Mosaic beat quarterly EPS estimates with $0.13 versus $0.12 expected, but revenue fell 6% year over year to $2.82 billion. The company declared a quarterly dividend of $0.22, implying a 3.4% annualized yield.

SailingStone Capital Partners LLC acquired a new stake in shares of The Mosaic Company (NYSE:MOS - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 1,187,332 shares of the basic materials company's stock, valued at approximately $25,160,000. Mosaic makes up about 4.8% of SailingStone Capital Partners LLC's portfolio, making the stock its 8th biggest position. SailingStone Capital Partners LLC owned approximately 0.37% of Mosaic at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in MOS. WINTON GROUP Ltd grew its position in Mosaic by 154.6% in the second quarter. WINTON GROUP Ltd now owns 22,793 shares of the basic materials company's stock worth $483,000 after acquiring an additional 13,841 shares in the last quarter. Cidel Asset Management Inc. raised its holdings in shares of Mosaic by 19.2% during the 2nd quarter. Cidel Asset Management Inc. now owns 12,885 shares of the basic materials company's stock valued at $273,000 after purchasing an additional 2,072 shares in the last quarter. Integrated Wealth Concepts LLC raised its holdings in shares of Mosaic by 25.2% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 63,727 shares of the basic materials company's stock valued at $1,350,000 after purchasing an additional 12,834 shares in the last quarter. RFG Advisory LLC acquired a new stake in shares of Mosaic in the 2nd quarter valued at $227,000. Finally, NewEdge Advisors LLC lifted its stake in shares of Mosaic by 112.6% in the 2nd quarter. NewEdge Advisors LLC now owns 24,167 shares of the basic materials company's stock valued at $512,000 after purchasing an additional 12,797 shares during the last quarter. 77.54% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, SVP Walter Precourt, III sold 23,000 shares of the company's stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $22.12, for a total transaction of $508,760.00. Following the completion of the transaction, the senior vice president directly owned 116,198 shares in the company, valued at $2,570,299.76. The trade was a 16.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.31% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several research firms have commented on MOS. Weiss Ratings reissued a "sell (d)" rating on shares of Mosaic in a research report on Friday, August 7th. BMO Capital Markets reduced their price target on Mosaic from $31.00 to $30.00 and set an "outperform" rating for the company in a research report on Tuesday, June 30th. HSBC decreased their price target on Mosaic from $26.00 to $23.00 and set a "hold" rating for the company in a research note on Thursday, June 18th. Morgan Stanley cut their price objective on Mosaic from $28.00 to $26.00 and set an "equal weight" rating on the stock in a research note on Tuesday, June 30th. Finally, Barclays decreased their target price on Mosaic from $31.00 to $26.00 and set an "equal weight" rating for the company in a research report on Monday, May 18th. Seven equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $27.17.

Mosaic Stock Down 1.2%

Mosaic stock opened at $26.21 on Thursday. The firm has a market cap of $8.33 billion, a price-to-earnings ratio of -12.98, a P/E/G ratio of 4.80 and a beta of 0.83. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.34 and a quick ratio of 0.43. The Mosaic Company has a fifty-two week low of $19.80 and a fifty-two week high of $36.99. The firm has a fifty day moving average price of $22.99 and a two-hundred day moving average price of $23.83.

Mosaic (NYSE:MOS - Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The basic materials company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.01. Mosaic had a positive return on equity of 3.77% and a negative net margin of 5.21%.The company had revenue of $2.82 billion for the quarter, compared to the consensus estimate of $3.10 billion. During the same period last year, the business posted $0.51 earnings per share. The firm's revenue was down 6.0% compared to the same quarter last year. As a group, analysts forecast that The Mosaic Company will post 0.54 earnings per share for the current year.

Mosaic Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, September 10th will be given a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend is Thursday, September 10th. Mosaic's payout ratio is currently -43.56%.

Mosaic Profile

Mosaic Co is one of the world's leading producers and marketers of concentrated phosphate and potash crop nutrients. The company's primary business activities center on the extraction, processing and distribution of phosphate rock, phosphate-based fertilizers and potash products. These core nutrients are essential components in modern agriculture, supporting crop yields and soil health across a range of farming applications.

In its phosphate segment, Mosaic operates mining and production facilities that convert phosphate rock into concentrated phosphates, finished phosphate fertilizers and feed phosphates for animal nutrition.

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