90,300 Shares in CF Industries Holdings, Inc. $CF Acquired by Canada Pension Plan Investment Board

Canada Pension Plan Investment Board purchased a new position in shares of CF Industries Holdings, Inc. (NYSE:CF) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 90,300 shares of the basic materials company’s stock, valued at approximately $9,776,000.

Several other institutional investors also recently added to or reduced their stakes in the company. Castleark Management LLC purchased a new position in shares of CF Industries during the second quarter worth approximately $7,969,000. Legal & General Group Plc acquired a new stake in CF Industries during the 2nd quarter worth $54,531,000. The Manufacturers Life Insurance Company acquired a new stake in CF Industries during the 2nd quarter worth $28,685,000. Jones Financial Companies Lllp purchased a new position in CF Industries during the 2nd quarter worth $51,000. Finally, Manning & Napier Advisors LLC purchased a new position in CF Industries during the 2nd quarter worth $680,000. Institutional investors and hedge funds own 93.06% of the company’s stock.

CF Industries Trading Up 0.0%

NYSE:CF opened at $125.75 on Friday. CF Industries Holdings, Inc. has a 1 year low of $75.42 and a 1 year high of $141.96. 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 has a fifty day moving average price of $118.18 and a two-hundred day moving average price of $116.87. The stock has a market capitalization of $19.03 billion, a price-to-earnings ratio of 9.32, a PEG ratio of 0.25 and a beta of 0.39.

CF Industries (NYSE:CF) last announced its quarterly earnings data on Wednesday, August 5th. The basic materials company reported $4.73 EPS for the quarter, missing the consensus estimate of $5.63 by ($0.90). The company had revenue of $2.22 billion during the quarter, compared to analyst estimates of $2.45 billion. CF Industries had a net margin of 27.12% and a return on equity of 24.41%. The firm’s revenue for the quarter was up 17.6% on a year-over-year basis. During the same quarter last year, the business earned $2.37 EPS. As a group, sell-side analysts anticipate that CF Industries Holdings, Inc. will post 13.7 earnings per share for the current fiscal year.

CF Industries Increases Dividend

The company also recently declared 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 is Friday, August 14th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.9%. This is an increase from CF Industries’s previous quarterly dividend of $0.50. CF Industries’s payout ratio is currently 17.79%.

CF Industries News Summary

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

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the stock. Scotiabank upped their target price on shares of CF Industries from $125.00 to $130.00 and gave the company an “outperform” rating in a report on Monday, August 10th. BNP Paribas Exane lowered their price target on CF Industries from $140.00 to $120.00 and set a “neutral” rating on the stock in a report on Monday, June 15th. The Goldman Sachs Group dropped their price target on CF Industries from $133.00 to $115.00 and set a “neutral” rating on the stock in a research report on Tuesday, June 23rd. Weiss Ratings downgraded CF Industries from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, August 21st. Finally, HSBC decreased their price objective on CF Industries from $130.00 to $121.00 in a research report on Wednesday, June 17th. Two equities research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, ten have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, CF Industries has a consensus rating of “Hold” and an average target price of $116.56.

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.