S&CO Inc. Invests $22.05 Million in The Mosaic Company $MOS

Key Points

• S&CO Inc. acquired 1.04 million Mosaic shares worth approximately $22.05 million in the second quarter, making Mosaic 1.3% of its portfolio and its 20th-largest holding.
• Institutional investors and hedge funds own approximately 77.5% of Mosaic, while several smaller firms also recently initiated or increased positions.
• Analysts maintain a consensus “Hold” rating with a $27.17 target price. Mosaic recently beat quarterly EPS expectations, but revenue fell 6% year over year to $2.82 billion and shares were trading near $21.61.

S&CO Inc. bought a new position in shares of The Mosaic Company (NYSE:MOS - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,040,723 shares of the basic materials company's stock, valued at approximately $22,052,000. Mosaic comprises approximately 1.3% of S&CO Inc.'s investment portfolio, making the stock its 20th largest holding. S&CO Inc. owned approximately 0.33% of Mosaic as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. boosted its holdings in Mosaic by 169.3% in the first quarter. Geneos Wealth Management Inc. now owns 956 shares of the basic materials company's stock valued at $26,000 after purchasing an additional 601 shares during the last quarter. CYBER HORNET ETFs LLC purchased a new position in shares of Mosaic during the 2nd quarter valued at about $31,000. Gen Wealth Partners Inc purchased a new position in shares of Mosaic during the 4th quarter valued at about $32,000. SJS Investment Consulting Inc. lifted its holdings in shares of Mosaic by 72.9% in the 1st quarter. SJS Investment Consulting Inc. now owns 1,245 shares of the basic materials company's stock valued at $32,000 after buying an additional 525 shares during the period. Finally, MUFG Securities EMEA plc acquired a new position in shares of Mosaic in the 2nd quarter valued at about $34,000. 77.54% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

MOS has been the topic of a number of recent research reports. Zacks Research upgraded Mosaic from a "strong sell" rating to a "hold" rating in a research note on Tuesday, July 21st. UBS Group decreased their price target on Mosaic from $27.00 to $23.00 and set a "neutral" rating for the company in a report on Tuesday, May 12th. Berenberg Bank lowered their price objective on Mosaic from $28.00 to $27.00 and set a "hold" rating on the stock in a research report on Tuesday, May 19th. Barclays lowered their price objective on Mosaic from $31.00 to $26.00 and set an "equal weight" rating on the stock in a research report on Monday, May 18th. Finally, Rothschild & Co Redburn started coverage on shares of Mosaic in a research note on Friday, June 26th. They set a "buy" rating and a $30.00 price objective on the stock. Seven analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $27.17.

Mosaic Price Performance

NYSE:MOS opened at $21.61 on Friday. The Mosaic Company has a 52 week low of $19.80 and a 52 week high of $36.99. The company has a quick ratio of 0.43, a current ratio of 1.34 and a debt-to-equity ratio of 0.41. The stock has a market capitalization of $6.87 billion, a PE ratio of -10.70, a price-to-earnings-growth ratio of 3.78 and a beta of 0.82. The stock's 50-day moving average price is $22.09 and its 200-day moving average price is $24.46.

Mosaic (NYSE:MOS - Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The basic materials company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.01. The firm had revenue of $2.82 billion during the quarter, compared to analyst estimates of $3.10 billion. Mosaic had a positive return on equity of 3.77% and a negative net margin of 5.21%.Mosaic's revenue for the quarter was down 6.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.51 EPS. As a group, equities analysts expect that The Mosaic Company will post 0.56 EPS for the current fiscal year.

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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