Jupiter Topco LLC Buys New Position in CF Industries Holdings, Inc. $CF

Key Points

• Jupiter Topco LLC acquired 66,661 CF Industries shares worth approximately $7.2 million during the second quarter. Institutional investors collectively own 93.06% of the company.
• CF Industries and partners broke ground on the roughly $3.7 billion Blue Point One low-carbon ammonia plant in Louisiana, which is expected to produce 1.4 million metric tons annually beginning in 2029.
• Analysts have a consensus “Hold” rating and an average price target of $116.56, while CF recently missed quarterly earnings and revenue estimates but raised its quarterly dividend to $0.60 per share.

Jupiter Topco LLC bought a new stake in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 66,661 shares of the basic materials company's stock, valued at approximately $7,215,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Annis Gardner Whiting Capital Advisors LLC boosted its holdings in shares of CF Industries by 3.7% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 2,360 shares of the basic materials company's stock valued at $306,000 after acquiring an additional 84 shares in the last quarter. Eley Financial Management Inc raised its holdings in CF Industries by 0.6% during the first quarter. Eley Financial Management Inc now owns 13,764 shares of the basic materials company's stock worth $1,787,000 after purchasing an additional 87 shares in the last quarter. Personal CFO Solutions LLC lifted its position in CF Industries by 1.1% in the first quarter. Personal CFO Solutions LLC now owns 8,176 shares of the basic materials company's stock worth $1,062,000 after purchasing an additional 89 shares during the period. EverSource Wealth Advisors LLC boosted its stake in CF Industries by 6.9% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,496 shares of the basic materials company's stock valued at $194,000 after purchasing an additional 97 shares in the last quarter. Finally, Altshuler Shaham Ltd boosted its stake in CF Industries by 36.6% during the 1st quarter. Altshuler Shaham Ltd now owns 418 shares of the basic materials company's stock valued at $54,000 after purchasing an additional 112 shares in the last quarter. 93.06% of the stock is currently owned by institutional investors.

More CF Industries News

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

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on CF shares. JPMorgan Chase & Co. boosted their price objective on CF Industries from $94.00 to $115.00 and gave the stock a "neutral" rating in a research note on Wednesday, June 3rd. Scotiabank raised their target price on CF Industries from $125.00 to $130.00 and gave the company an "outperform" rating in a research note on Monday, August 10th. Zacks Research lowered CF Industries from a "strong-buy" rating to a "hold" rating in a report on Monday, June 15th. Royal Bank Of Canada lowered their target price on CF Industries from $125.00 to $115.00 and set a "sector perform" rating on the stock in a report on Friday, July 17th. Finally, Freedom Capital upgraded shares of CF Industries from a "hold" rating to a "strong-buy" rating in a research report on Monday, May 18th. Two analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $116.56.

CF Industries Trading Down 0.0%

CF Industries stock opened at $125.75 on Monday. 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 firm has a market cap of $19.03 billion, a price-to-earnings ratio of 9.32, a price-to-earnings-growth ratio of 0.25 and a beta of 0.39. CF Industries Holdings, Inc. has a 1 year low of $75.42 and a 1 year high of $141.96. The firm's 50 day moving average price is $118.18 and its two-hundred day moving average price is $117.03.

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

CF Industries Increases Dividend

The business also recently announced 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 represents a $2.40 dividend on an annualized basis and a dividend yield of 1.9%. This is a boost from CF Industries's previous quarterly dividend of $0.50. The ex-dividend date of this dividend is Friday, August 14th. CF Industries's payout ratio is presently 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.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source