Corteva, Inc. operates in the agriculture business. It operates through two segments, Seed and Crop Protection. The Seed segment develops and supplies advanced germplasm and traits that produce optimum yield for farms. It offers trait technologies that enhance resistance to weather, disease, insects, and herbicides used to control weeds, as well as food and nutritional characteristics. This segment also provides digital solutions that assist farmer decision-making with a view to optimize product selection, and maximize yield and profitability. The Crop Protection segment offers products that protect against weeds, insects and other pests, and diseases, as well as enhances crop health above and below ground through nitrogen management and seed-applied technologies. This segment provides herbicides, insecticides, nitrogen stabilizers, and pasture and range management herbicides. It serves agricultural input industry. The company operates in the United States, Canada, Latin America, the Asia Pacific, Europe, the Middle East, and Africa. Corteva, Inc. was incorporated in 2018 and is headquartered in Indianapolis, Indiana.
Company profile
Ticker
CTVA
Exchange
Website
CEO
Mr. Charles Victor Magro B.Sc. (Chem), MBA
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
INTERNATIONAL WESTERN PETROLEUM, INC.
SEC CIK
Corporate docs
Subsidiaries
AG (Shanghai) Agriculture Technology Co., Ltd. • Ag HoldCo Mexico • AG MX 2, Inc. • Agricor Ltd • Agrigenetics, Inc. • Agro Corteva Argentina S.R.L. • Agro Corteva Chile S.A. • Agro Corteva Colombia, S.A. • Agro Cultivos Corteva Chile S.A. • AgroStollerec S.A. ...
IRS number
824979096
CTVA stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Appoints Judd O’Connor EVP, Seed Business Unit
15 Oct 24
10-Q
2024 Q2
Quarterly report
1 Aug 24
8-K
Results of Operations and Financial Condition
31 Jul 24
10-Q
2024 Q1
Quarterly report
2 May 24
8-K
Amendments to Articles of Incorporation or Bylaws
2 May 24
8-K
Results of Operations and Financial Condition
1 May 24
ARS
2023 FY
Annual report to shareholders
15 Mar 24
DEFA14A
Additional proxy soliciting materials
15 Mar 24
DEF 14A
Definitive proxy
15 Mar 24
PRE 14A
Preliminary proxy
5 Mar 24
Transcripts
CTVA
Earnings call transcript
2024 Q2
1 Aug 24
CTVA
Earnings call transcript
2024 Q1
2 May 24
CTVA
Earnings call transcript
2023 Q4
1 Feb 24
CTVA
Earnings call transcript
2023 Q3
9 Nov 23
CTVA
Earnings call transcript
2023 Q2
4 Aug 23
CTVA
Earnings call transcript
2023 Q2
4 Aug 23
CTVA
Earnings call transcript
2023 Q1
4 May 23
CTVA
Earnings call transcript
2022 Q4
2 Feb 23
CTVA
Earnings call transcript
2022 Q3
4 Nov 22
CTVA
Earnings call transcript
2022 Q2
5 Aug 22
Latest ownership filings
4
David Paul Johnson
18 Sep 24
3
David Paul Johnson
18 Sep 24
4
DAVID J ANDERSON
29 Aug 24
4
Janet Plaut Giesselman
2 Aug 24
4
Nayaki R Nayyar
2 Aug 24
11-K
Annual report of employee stock purchases
11 Jun 24
4
CORNEL B FUERER
16 May 24
144
Notice of proposed sale of securities
14 May 24
4
Samuel R Eathington
13 May 24
144
Notice of proposed sale of securities
9 May 24
Financial summary
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 2.14 bn | 2.14 bn | 2.14 bn | 2.14 bn | 2.14 bn | 2.14 bn |
Cash burn (monthly) | (no burn) | 68.50 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 257.22 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 1.88 bn | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 27.5 | n/a | n/a | n/a | n/a |
Institutional ownership, Q2 2024
83.4% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 1206 |
Opened positions | 126 |
Closed positions | 125 |
Increased positions | 399 |
Reduced positions | 435 |
13F shares | Current |
---|---|
Total value | 29.56 tn |
Total shares | 577.45 mm |
Total puts | 863.50 k |
Total calls | 2.57 mm |
Total put/call ratio | 0.3 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 78.39 mm | $4.23 tn |
BLK BlackRock | 53.66 mm | $2.89 tn |
STT State Street | 33.52 mm | $1.81 tn |
Aristotle Capital Management | 24.10 mm | $1.30 tn |
Capital International Investors | 20.06 mm | $1.08 tn |
Geode Capital Management | 17.35 mm | $933.41 bn |
Nuveen Asset Management | 14.40 mm | $776.77 bn |
Harris Associates L P | 14.16 mm | $763.87 bn |
BEN Franklin Resources | 13.93 mm | $751.52 bn |
Massachusetts Financial Services | 13.02 mm | $702.54 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
16 Sep 24 | David Paul Johnson | Common Stock | Grant | Acquire A | No | No | 0 | 57,581 | 0.00 | 57,581 |
16 Sep 24 | David Paul Johnson | NQSO Common Stock | Grant | Acquire A | No | No | 56.27 | 23,606 | 1.33 mm | 23,606 |
31 Jul 24 | Nayaki R Nayyar | Common Stock | Grant | Acquire A | No | No | 56.1 | 579.323 | 32.50 k | 26,972.356 |
31 Jul 24 | Giesselman Janet Plaut | Common Stock | Grant | Acquire A | No | No | 56.1 | 124.332 | 6.98 k | 13,922.528 |
14 May 24 | Fuerer Cornel B | Common Stock | Sell | Dispose S | No | No | 57.41 | 39,736 | 2.28 mm | 126,627.537 |
14 May 24 | Fuerer Cornel B | Common Stock | Option exercise | Acquire M | No | No | 31.22 | 39,736 | 1.24 mm | 166,334.473 |
14 May 24 | Fuerer Cornel B | NQSO Common Stock | Option exercise | Dispose M | No | No | 31.22 | 39,736 | 1.24 mm | 0 |
News
Decoding 5 Analyst Evaluations For Corteva
16 Oct 24
$1000 Invested In This Stock 5 Years Ago Would Be Worth $2,300 Today
16 Oct 24
B of A Securities Upgrades Corteva to Buy, Raises Price Target to $67
16 Oct 24
Peering Into Corteva's Recent Short Interest
7 Oct 24
If You Invested $100 In This Stock 5 Years Ago, You Would Have $200 Today
25 Sep 24
Press releases
Corteva Announces Tim Glenn Retirement, Appoints Judd O'Connor EVP, Seed Business Unit
15 Oct 24
Micropep Closes Series B Round at $40M After Supplemental Funding Raised From Corteva, and Sparkfood
26 Sep 24
Corteva to Participate in BMO Ag-Apalooza
23 Sep 24
Mark Cuban Foundation and Corteva Bring Free AI Bootcamp to Indianapolis Teens
17 Sep 24
Sustainable Agriculture: The Growing Need for Biotech Innovations in the World's Food Supplies
19 Aug 24