Corient Private Wealth LP Takes $6.23 Million Position in CF Industries Holdings, Inc. $CF

Key Points

• Corient Private Wealth acquired 57,509 CF Industries shares worth approximately $6.23 million, while institutional investors collectively own 93.06% of the company.
• Analysts have a consensus “Hold” rating with an average price target of $116.56. CF recently missed quarterly earnings and revenue expectations, despite revenue rising 17.6% year over year.
• CF Industries raised its quarterly dividend from $0.50 to $0.60 per share and is advancing a roughly $3.7 billion low-carbon ammonia plant in Louisiana, targeted to begin production in 2029.

Corient Private Wealth LP acquired a new position in CF Industries Holdings, Inc. (NYSE:CF - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 57,509 shares of the basic materials company's stock, valued at approximately $6,226,000.

Other hedge funds have also bought and sold shares of the company. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in shares of CF Industries in the fourth quarter valued at approximately $11,556,000. Teamwork Financial Advisors LLC bought a new stake in CF Industries during the 2nd quarter worth approximately $10,108,000. S&CO Inc. purchased a new stake in CF Industries in the 2nd quarter worth approximately $2,630,000. Twin Capital Management Inc. bought a new position in CF Industries in the 4th quarter valued at $714,000. Finally, Deane Retirement Strategies Inc. boosted its holdings in CF Industries by 27.1% in the 2nd quarter. Deane Retirement Strategies Inc. now owns 62,022 shares of the basic materials company's stock valued at $6,708,000 after purchasing an additional 13,220 shares during the period. 93.06% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

CF has been the topic of several research analyst reports. Morgan Stanley decreased their price target on shares of CF Industries from $135.00 to $115.00 and set an "equal weight" rating on the stock in a report on Tuesday, July 7th. Bank of America lifted their price objective on CF Industries from $103.00 to $106.00 in a research note on Thursday, May 14th. Canadian Imperial Bank of Commerce restated a "neutral" rating and set a $129.00 target price on shares of CF Industries in a research report on Friday, July 24th. Zacks Research lowered CF Industries from a "strong-buy" rating to a "hold" rating in a research note on Monday, June 15th. Finally, UBS Group raised their price target on CF Industries from $115.00 to $123.00 and gave the company a "neutral" rating in a report on Friday, August 7th. Two equities research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, ten have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, CF Industries has a consensus rating of "Hold" and a consensus target price of $116.56.

CF Industries News Summary

Here are the key news stories impacting CF Industries this week:

• Positive Sentiment: CF Industries and its partners broke ground on the roughly $3.7 billion Blue Point One low-carbon ammonia plant in Louisiana. The project is designed to produce approximately 1.4 million metric tons annually, with production targeted for 2029. It could strengthen domestic fertilizer supply while positioning CF in the emerging lower-carbon ammonia market. CF Industries and Partners Break Ground on Low-Carbon Ammonia Plant
• Positive Sentiment: Investor Kevin Simpson disclosed that he is buying more CF Industries, describing the fertilizer producer as an attractive way to participate in U.S. reindustrialization. His endorsement may support sentiment around CF’s valuation, domestic manufacturing exposure and expected demand for nitrogen products. Kevin Simpson is buying this play on America's reindustrialization at a very attractive price
• Positive Sentiment: Coverage contrasted CF’s progress with setbacks affecting Woodside’s blue-ammonia project, highlighting CF’s ability to advance its own lower-carbon ammonia strategy. Woodside blue ammonia plant stumbles, though CF moves ahead
• Neutral Sentiment: The Louisiana project represents a major multiyear capital commitment, so investors will likely monitor construction costs, financing, regulatory support and whether low-carbon ammonia demand develops as expected before the planned 2029 startup. CF Industries and partners break ground on Louisiana ammonia plant

CF Industries Stock Performance

CF Industries stock opened at $125.75 on Monday. CF Industries Holdings, Inc. has a fifty-two week low of $75.42 and a fifty-two week high of $141.96. The company has a debt-to-equity ratio of 0.36, a quick ratio of 4.32 and a current ratio of 4.86. The stock has a market cap of $19.03 billion, a P/E ratio of 9.32, a price-to-earnings-growth ratio of 0.25 and a beta of 0.39. The firm's fifty day moving average price is $118.18 and its 200-day moving average price is $117.03.

CF Industries (NYSE:CF - Get Free Report) last announced its earnings results on Wednesday, August 5th. The basic materials company reported $4.73 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.63 by ($0.90). CF Industries had a return on equity of 24.41% and a net margin of 27.12%.The company had revenue of $2.22 billion during the quarter, compared to analysts' expectations of $2.45 billion. During the same quarter last year, the firm posted $2.37 earnings per share. The firm's revenue was up 17.6% on a year-over-year basis. On average, equities research analysts expect that CF Industries Holdings, Inc. will post 13.7 earnings per share for the current fiscal year.

CF Industries Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 31st. Stockholders of record on Friday, August 14th will be given a dividend of $0.60 per share. This is a boost from CF Industries's previous quarterly dividend of $0.50. The ex-dividend date is Friday, August 14th. This represents a $2.40 annualized dividend and a dividend yield of 1.9%. CF Industries's dividend payout ratio is currently 17.79%.

About CF Industries

CF Industries Holdings, Inc is a leading global manufacturer of hydrogen and nitrogen products for agricultural and industrial customers. The company specializes in the production of ammonia, granular urea, urea ammonium nitrate (UAN), nitric acid and ammonium nitrate, which serve as key inputs for fertilizer blends, industrial chemicals and other downstream applications.

Headquartered in Deerfield, Illinois, CF Industries operates production facilities and distribution terminals across North America and the United Kingdom.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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