Glenview Trust Co bought a new position in shares of CF Industries Holdings, Inc. (NYSE:CF – Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 47,274 shares of the basic materials company’s stock, valued at approximately $5,118,000.
Other large investors have also recently added to or reduced their stakes in the company. Himension Capital Singapore PTE. LTD. acquired a new position in shares of CF Industries in the 1st quarter valued at $25,000. Virtus Advisers LLC purchased a new stake in shares of CF Industries during the 2nd quarter valued at $25,000. Keating Financial Advisory Services Inc. acquired a new stake in shares of CF Industries during the 2nd quarter worth $29,000. Altshuler Shaham Ltd increased its holdings in shares of CF Industries by 36.6% during the 1st quarter. Altshuler Shaham Ltd now owns 418 shares of the basic materials company’s stock worth $54,000 after buying an additional 112 shares during the last quarter. Finally, Elevation Wealth Partners LLC increased its holdings in shares of CF Industries by 39.6% during the 2nd quarter. Elevation Wealth Partners LLC now owns 430 shares of the basic materials company’s stock worth $47,000 after buying an additional 122 shares during the last quarter. 93.06% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
A number of research analysts recently weighed in on CF shares. Zacks Research cut CF Industries from a “strong-buy” rating to a “hold” rating in a report on Monday, June 15th. JPMorgan Chase & Co. upped their price target on CF Industries from $94.00 to $115.00 and gave the stock a “neutral” rating in a research note on Wednesday, June 3rd. UBS Group raised their price objective on CF Industries from $115.00 to $123.00 and gave the stock a “neutral” rating in a report on Friday, August 7th. HSBC reduced their price objective on CF Industries from $130.00 to $121.00 in a research note on Wednesday, June 17th. Finally, The Goldman Sachs Group decreased their target price on CF Industries from $133.00 to $115.00 and set a “neutral” rating for the company in a report on Tuesday, June 23rd. Two analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, ten have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $116.56.
CF Industries Stock Up 0.0%
NYSE CF opened at $125.73 on Friday. The company has a quick ratio of 4.32, a current ratio of 4.86 and a debt-to-equity ratio of 0.36. CF Industries Holdings, Inc. has a fifty-two week low of $75.42 and a fifty-two week high of $141.96. The business has a 50 day moving average price of $117.73 and a two-hundred day moving average price of $116.81. The stock has a market cap of $19.03 billion, a PE ratio of 9.32, a P/E/G ratio of 0.25 and a beta of 0.39.
CF Industries (NYSE:CF – Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The basic materials company reported $4.73 earnings per share for the quarter, missing analysts’ consensus estimates of $5.63 by ($0.90). CF Industries had a net margin of 27.12% and a return on equity of 24.41%. The firm had revenue of $2.22 billion during the quarter, compared to analysts’ expectations of $2.45 billion. During the same period in the previous year, the company earned $2.37 earnings per share. The business’s quarterly revenue was up 17.6% on a year-over-year basis. As a group, sell-side analysts predict that CF Industries Holdings, Inc. will post 13.7 EPS for the current fiscal year.
CF Industries Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 31st. Investors of record on Friday, August 14th will be paid a dividend of $0.60 per share. 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. The ex-dividend date is Friday, August 14th. CF Industries’s dividend payout ratio (DPR) is currently 17.79%.
Trending Headlines about CF Industries
Here are the key news stories impacting CF Industries this week:
- Positive Sentiment: CF Industries, JERA Co. and Mitsui & Co. began construction of Blue Point One, a planned $3.7 billion low-carbon ammonia plant in Louisiana. The project is expected to have annual production capacity of approximately 1.4 million metric tons, with production targeted for 2029. CF Industries, JERA Co., and Mitsui & Co. Break Ground on Blue Point One
- Positive Sentiment: Blue Point One is designed to serve both conventional fertilizer customers and emerging energy markets. Its scale—described as potentially the world’s largest low-carbon ammonia facility—could strengthen CF Industries’ position in ammonia and expand its exposure to lower-carbon industrial and energy demand. CF Industries and Partners Break Ground on Low-Carbon Ammonia Plant
- Neutral Sentiment: The project is being developed through a joint venture, which allows CF Industries to share investment and operational responsibilities with major Japanese partners. However, the benefits are several years away, and the construction timeline leaves exposure to cost inflation, permitting, financing and demand risks. CF Industries-led JV Starts Construction of Louisiana Blue Ammonia Project
- Neutral Sentiment: Additional reports highlighted the project’s potential to strengthen U.S. fertilizer supply, but the articles did not provide a new earnings forecast or near-term financial guidance. Consequently, the announcement is more relevant to CF’s long-term growth strategy than to immediate results. $3.7B Louisiana Ammonia Plant Breaks Ground
CF Industries Profile
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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