Quantitative Investment Management LLC Purchases New Shares in CF Industries Holdings, Inc. $CF

Key Points

• Quantitative Investment Management purchased 31,846 CF Industries shares worth approximately $3.45 million during the second quarter. Institutional investors collectively own 93.06% of the company.
• CF Industries and its partners broke ground on the roughly $3.7 billion Blue Point One low-carbon ammonia plant in Louisiana, targeting annual production of 1.4 million metric tons by 2029.
• The company’s latest quarterly results missed estimates, with adjusted EPS of $4.73 versus the $5.63 consensus and revenue of $2.22 billion versus $2.45 billion expected. CF raised its quarterly dividend to $0.60 per share, while analysts maintain a consensus “Hold” rating.

Quantitative Investment Management LLC purchased a new position in CF Industries Holdings, Inc. (NYSE:CF - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 31,846 shares of the basic materials company's stock, valued at approximately $3,447,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new stake in shares of CF Industries in the 4th quarter worth approximately $11,556,000. Teamwork Financial Advisors LLC bought a new stake in CF Industries in the second quarter worth $10,108,000. S&CO Inc. purchased a new stake in shares of CF Industries in the second quarter worth $2,630,000. Twin Capital Management Inc. bought a new position in shares of CF Industries during the fourth quarter valued at $714,000. Finally, AIA Group Ltd purchased a new position in shares of CF Industries in the 1st quarter worth about $3,428,000. Hedge funds and other institutional investors own 93.06% of the company's stock.

Key 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

CF Industries Price Performance

Shares of CF Industries stock opened at $125.75 on Monday. The stock has a market cap of $19.03 billion, a P/E ratio of 9.32, a P/E/G ratio of 0.25 and a beta of 0.39. 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's fifty day moving average is $118.18 and its 200 day moving average is $117.03. CF Industries Holdings, Inc. has a one year low of $75.42 and a one year high of $141.96.

CF Industries (NYSE:CF - Get Free Report) last issued its quarterly earnings results 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). 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 in the previous year, the company earned $2.37 EPS. The business's quarterly revenue was up 17.6% compared to the same quarter last year. Sell-side analysts anticipate that CF Industries Holdings, Inc. will post 13.7 earnings per share for the current year.

CF Industries Increases Dividend

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

Analysts Set New Price Targets

A number of research firms have weighed in on CF. The Goldman Sachs Group reduced their price objective on shares of CF Industries from $133.00 to $115.00 and set a "neutral" rating for the company in a research note on Tuesday, June 23rd. Bank of America increased their price objective on CF Industries from $103.00 to $106.00 in a research report on Thursday, May 14th. BNP Paribas Exane dropped their price target on shares of CF Industries from $140.00 to $120.00 and set a "neutral" rating on the stock in a report on Monday, June 15th. Zacks Research cut shares of CF Industries from a "strong-buy" rating to a "hold" rating in a report on Monday, June 15th. Finally, Freedom Capital upgraded shares of CF Industries from a "hold" rating to a "strong-buy" rating in a report on Monday, May 18th. Two research 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 given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $116.56.

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.

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