Corteva (CTVA)

Company Profile

corteva agriscience™, brings you the world's most recognized and premium agricultural solutions, featuring pioneer® and brevant™ seeds, award-winning crop protection products, encirca® and granular® software tools and services. we provide agronomic support and services to help increase farmer productivity and profitability. we strive to develop sustainable and efficient global food systems that benefit everyone. our goal is to enrich the lives of those who produce and those who consume, ensuring progress for generations to come.

Company profile

Ticker

CTVA

Exchange

NYSE

Website

www.corteva.com

CEO

James Collins

Incorporated

Delaware

Location

Indiana

Fiscal year end

Dec 31

Sector

Manufacturing > Nitrogenous Fertilizer Manufacturing

Industry (SIC)

Agricultural Production - Crops

Fresh Del Monte Produce • Verano • Dole • Columbia Care • Green Thumb Industries • Harvest Health & Recreation • Gold Flora • TerrAscend • iANTHUS CAPITAL • Charlotte's Web ...

SEC CIK

0001755672

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Ag HoldCo Mexico • AG MX 2, Inc. • Agar Cross Paraguaya S.A. • Agricor Ltd • Agrigenetics, Inc. • Agro Corteva Argentina S.R.L. • Agro Corteva Chile S.A. • Agro Cultivos Corteva Chile S.A. • AgSurf Corporation • AgVenture, Inc. ...

IRS number

824979096

CTVA stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Average target

$71.50

Low target

$68.00

High target

$75.00

Latest filings (excl ownership)

View all

4 Aug 23

Results of Operations and Financial Condition

4 May 23

Results of Operations and Financial Condition

3 May 23

8-K

Submission of Matters to a Vote of Security Holders

27 Apr 23

ARS

2022 FY

Annual report to shareholders

10 Mar 23

DEFA14A

Additional proxy soliciting materials

10 Mar 23

9 Feb 23

Transcripts

View all

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

CTVA

Earnings call transcript

2022 Q1

5 May 22

CTVA

Earnings call transcript

2021 Q4

3 Feb 22

CTVA

Earnings call transcript

2021 Q3

4 Nov 21

CTVA

Earnings call transcript

2021 Q2

6 Aug 21

CTVA

Earnings call transcript

2021 Q1

5 May 21

Latest ownership filings

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Janet Plaut Giesselman

2 Aug 23

11-K

Annual report of employee stock purchases

Janet Plaut Giesselman

2 May 23

Klaus A Engel

2 May 23

Financial summary

Financial statements Chart CTVA financial data

Quarter (USD)	Jun 23	Mar 23	Dec 22	Sep 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
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)	2.96 bn	2.96 bn	2.96 bn	2.96 bn	2.96 bn	2.96 bn
Cash burn (monthly)	(no burn)	(no burn)	361.33 mm	75.58 mm	(no burn)	500.00 k
Cash used (since last report)	n/a	n/a	1.02 bn	213.20 mm	n/a	1.41 mm
Cash remaining	n/a	n/a	1.94 bn	2.75 bn	n/a	2.96 bn
Runway (months of cash)	n/a	n/a	5.4	36.4	n/a	5923.2

Beta Read what these cash burn values mean

Financial data from Corteva earnings reports.

Institutional ownership, Q2 2023

CTVA institutional ownership history Ownership history

80.5% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	1182	1190	-0.7%
Opened positions	105	82	+28.0%
Closed positions	113	135	-16.3%
Increased positions	389	396	-1.8%
Reduced positions	453	452	+0.2%

13F shares	Current	Prev Q	Change
Total value	32.62 tn	34.32 tn	-4.9%
Total shares	571.45 mm	569.78 mm	+0.3%
Total puts	735.60 k	446.20 k	+64.9%
Total calls	1.09 mm	931.50 k	+16.7%
Total put/call ratio	0.7	0.5	+41.2%

Largest owners	Shares	Value	Change
Vanguard	79.41 mm	$4.55 tn	-3.9%
BLK Blackrock	53.98 mm	$3.09 tn	-4.4%
Capital World Investors	38.90 mm	$2.23 tn	+5.8%
STT State Street	32.75 mm	$1.88 tn	-0.0%
Aristotle Capital Management	26.50 mm	$1.52 tn	-1.5%
Nuveen Asset Management	16.21 mm	$928.73 bn	-1.8%
Geode Capital Management	14.99 mm	$856.92 bn	+1.8%
NTRS Northern Trust	12.18 mm	$697.83 bn	-1.9%
FMR	11.95 mm	$684.88 bn	-30.7%
Independent Franchise Partners	11.29 mm	$647.05 bn	+38.1%

Largest transactions	Shares	Bought/sold	Change
FMR	11.95 mm	-5.29 mm	-30.7%
WFC Wells Fargo & Co.	4.48 mm	+3.31 mm	+283.5%
Vanguard	79.41 mm	-3.26 mm	-3.9%
Independent Franchise Partners	11.29 mm	+3.12 mm	+38.1%
BLK Blackrock	53.98 mm	-2.47 mm	-4.4%
Capital World Investors	38.90 mm	+2.15 mm	+5.8%
Van Eck Associates	4.28 mm	+2.05 mm	+92.0%
Millennium Management	1.88 mm	+1.88 mm	NEW
Holocene Advisors	0.00	-1.39 mm	EXIT
Citadel Advisors	5.64 mm	+1.21 mm	+27.3%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

CTVA insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
15 Sep 23	Anderson David J	Common Stock	Buy	Acquire P	No	No	52.97	2,000	105.94 k	65,307.56
31 Jul 23	Giesselman Janet Plaut	Common Stock	Grant	Acquire A	No	No	56.43	57.594	3.25 k	10,239.447
31 Jul 23	Nayaki R Nayyar	Common Stock	Grant	Acquire A	No	No	56.43	575.935	32.50 k	21,009.778
31 Jul 23	Michael O. Johanns	Common Stock	Grant	Acquire A	No	No	56.43	575.935	32.50 k	37,545.092
29 Apr 23	Engel Klaus A	Common Stock	Payment of exercise	Dispose F	No	No	60.9375	894	54.48 k	33,772.829