Gotham Asset Management 13F: Adds $20M to Corteva (CTVA) Stake

Gotham Asset Management has increased its holdings in Corteva, Inc. (NYSE:CTVA) by 67.1%, according to its latest filing with the SEC. The fund added 230,984 shares, bringing its total to 575,102 shares valued at approximately $46.9 million as of the reporting period.

What Changed in Gotham Asset Management's Corteva Position

Gotham Asset Management significantly boosted its stake in Corteva, growing its holdings by 230,984 shares to a total of 575,102 shares. This represents a 67.1% increase from its previous position of 344,118 shares. The value of this position is now about $46.9 million.

Other Institutional Activity in Corteva

BlackRock, Inc. reduced its holdings in Corteva by 4,898,293 shares, ending with 54,710,452 shares worth about $4.58 billion, marking an 8.2% decrease. Vanguard Capital Management LLC opened a new position with 44,075,854 shares valued at approximately $3.69 billion. State Street Corp trimmed its stake by 432,837 shares, leaving it with 36,138,039 shares valued at $3.03 billion, a 1.2% decrease. Capital World Investors increased its position by 14,642,858 shares, now holding 35,998,047 shares valued at $3.01 billion, a 68.6% rise. FMR LLC added 5,927,553 shares, bringing its total to 34,971,900 shares worth about $2.93 billion, a 20.4% increase.

Corteva, Inc. Stock Up 557.5%

Shares of NYSE:CTVA traded near $81.62 on Friday. Corteva has a market cap of $54.6 billion, a P/E ratio of 44.1, and a forward P/E of 19.9. The stock's 52-week range is between $60.54 and $85.63, with a 50-day moving average of $79.42 and a 200-day moving average of $72.92. The company maintains a current ratio of 1.47 and a quick ratio of 0.9, with a debt-to-equity ratio of 13.64.

Recent Earnings

Corteva reported revenue of $17.89 billion, reflecting a growth rate of 11%. The company's earnings per share stand at $1.85, with a net margin of 6.5% and a return on equity of 5.1%. The next earnings report is expected on July 30, 2026.

Dividend

Corteva offers an annual dividend rate of $0.72, yielding 0.88%. The dividend payout ratio is 38.4%.

Insider Buying and Selling at Corteva, Inc.

Notable insider activity includes CEO Luther Kissam IV purchasing 24,138 shares on June 1, 2026. Janet Plaut Giesselman bought 96 shares at $81.01 per share on April 30, 2026. Marcos Lutz sold 906 shares at $81.01 on the same day. Nayaki Nayyar also acquired 401 shares at $81.01 on April 30, while Klaus Engel sold 906 shares at the same price. Gregory Page bought 3,870 shares on April 28, 2026.

Analysts Set New Price Targets

On June 11, 2026, Barclays maintained its 'buy' rating on Corteva with a price target of $91. UBS reiterated a 'hold' rating with an $86 target on June 9. Morgan Stanley also maintained a 'buy' rating, setting a $95 target on May 28. The consensus among analysts is a 'buy' rating, with a mean target price of $90.05 based on 21 analyst opinions.

About Corteva, Inc.

Corteva, Inc. operates in the agriculture sector, focusing on seed and crop protection. The company develops advanced germplasm and traits to increase farm yields and offers digital solutions for farmers. Its crop protection products include herbicides and insecticides. Corteva is headquartered in Indianapolis, Indiana, and is led by CEO Charles V. Magro. The company employs approximately 21,500 people and serves markets worldwide.

Bottom Line

Gotham Asset Management's increased stake in Corteva signals confidence in the company's growth prospects. Institutional moves are closely watched by investors for insights into market trends. Remember, 13F filings are historical and may not reflect current positions.