Freestone Grove Partners LP Makes New Investment in CF Industries Holdings, Inc. $CF

Freestone Grove Partners LP purchased a new position in CF Industries Holdings, Inc. (NYSE:CF) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 36,533 shares of the basic materials company’s stock, valued at approximately $3,955,000.

Several other hedge funds also recently made changes to their positions in CF. BlackRock Inc. purchased a new stake in CF Industries during the 2nd quarter worth about $1,410,607,000. Dimensional Fund Advisors LP grew its holdings in CF Industries by 3.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,458,907 shares of the basic materials company’s stock valued at $579,062,000 after buying an additional 146,682 shares in the last quarter. Boston Partners grew its holdings in CF Industries by 15.3% during the 3rd quarter. Boston Partners now owns 3,587,999 shares of the basic materials company’s stock valued at $321,852,000 after buying an additional 476,769 shares in the last quarter. Invesco Ltd. increased its position in shares of CF Industries by 12.0% during the fourth quarter. Invesco Ltd. now owns 3,570,249 shares of the basic materials company’s stock valued at $276,123,000 after buying an additional 381,716 shares during the period. Finally, Ameriprise Financial Inc. increased its position in shares of CF Industries by 0.4% during the second quarter. Ameriprise Financial Inc. now owns 3,287,256 shares of the basic materials company’s stock valued at $302,428,000 after buying an additional 11,792 shares during the period. 93.06% of the stock is currently owned by hedge funds and other institutional investors.

CF Industries News Roundup

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

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. BMO Capital Markets cut their price objective on shares of CF Industries from $140.00 to $135.00 and set an “outperform” rating for the company in a research report on Tuesday, June 30th. Freedom Capital upgraded shares of CF Industries from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 18th. The Goldman Sachs Group cut their price target on shares of CF Industries from $133.00 to $115.00 and set a “neutral” rating for the company in a report on Tuesday, June 23rd. Berenberg Bank boosted their price target on shares of CF Industries from $86.00 to $106.00 and gave the company a “hold” rating in a research report on Thursday, May 28th. Finally, Bank of America upped their price target on shares of CF Industries from $103.00 to $106.00 in a report on Thursday, May 14th. Two analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, ten have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, CF Industries presently has an average rating of “Hold” and an average target price of $116.56.

CF Industries Stock Performance

NYSE CF opened at $125.75 on Friday. CF Industries Holdings, Inc. has a 52-week low of $75.42 and a 52-week high of $141.96. The company has a fifty day moving average of $118.18 and a 200-day moving average of $116.87. The company has a market capitalization of $19.03 billion, a P/E ratio of 9.32, a P/E/G ratio of 0.25 and a beta of 0.39. The company has a debt-to-equity ratio of 0.36, a quick ratio of 4.32 and a current ratio of 4.86.

CF Industries (NYSE:CF) last released its earnings results on Wednesday, August 5th. The basic materials company reported $4.73 EPS 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 the consensus estimate of $2.45 billion. During the same period in the prior year, the company earned $2.37 EPS. The firm’s revenue was up 17.6% compared to the same quarter last year. As a group, equities research analysts predict that CF Industries Holdings, Inc. will post 13.7 EPS for the current fiscal year.

CF Industries Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 31st. Stockholders of record on Friday, August 14th will be issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date is Friday, August 14th. This is an increase from CF Industries’s previous quarterly dividend of $0.50. CF Industries’s dividend payout ratio (DPR) is currently 17.79%.

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.