Primecap Management Co. CA Has $45.91 Million Holdings in Coterra Energy Inc. $CTRA

Primecap Management Co. CA lessened its stake in Coterra Energy Inc. (NYSE:CTRA) by 2.4% during the third quarter, HoldingsChannel reports. The institutional investor owned 1,941,380 shares of the company’s stock after selling 48,170 shares during the period. Primecap Management Co. CA’s holdings in Coterra Energy were worth $45,914,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of CTRA. QRG Capital Management Inc. boosted its position in shares of Coterra Energy by 67.0% during the 3rd quarter. QRG Capital Management Inc. now owns 143,188 shares of the company’s stock valued at $3,386,000 after purchasing an additional 57,461 shares in the last quarter. Ashton Thomas Private Wealth LLC grew its position in shares of Coterra Energy by 60.7% during the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 273,650 shares of the company’s stock worth $6,472,000 after buying an additional 103,381 shares during the period. Summit Global Investments acquired a new stake in shares of Coterra Energy during the 3rd quarter worth approximately $1,086,000. State of Michigan Retirement System increased its stake in shares of Coterra Energy by 5.8% in the 2nd quarter. State of Michigan Retirement System now owns 244,459 shares of the company’s stock valued at $6,204,000 after acquiring an additional 13,500 shares in the last quarter. Finally, Mitsubishi UFJ Trust & Banking Corp lifted its position in shares of Coterra Energy by 36.2% during the 3rd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 830,392 shares of the company’s stock valued at $19,639,000 after acquiring an additional 220,688 shares during the period. 87.92% of the stock is currently owned by institutional investors and hedge funds.

Coterra Energy Price Performance

CTRA stock opened at $29.97 on Friday. The company has a market capitalization of $22.82 billion, a P/E ratio of 13.81, a price-to-earnings-growth ratio of 0.74 and a beta of 0.38. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.98 and a current ratio of 1.02. Coterra Energy Inc. has a 52-week low of $22.33 and a 52-week high of $32.67. The business has a 50-day simple moving average of $27.87 and a two-hundred day simple moving average of $25.77.

Coterra Energy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 25th. Stockholders of record on Wednesday, March 11th will be issued a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date is Wednesday, March 11th. Coterra Energy’s dividend payout ratio (DPR) is currently 40.55%.

Wall Street Analysts Forecast Growth

A number of research firms have commented on CTRA. Johnson Rice reduced their price target on shares of Coterra Energy from $38.00 to $37.00 in a report on Friday, December 5th. Barclays reduced their target price on Coterra Energy from $35.00 to $34.00 and set an “overweight” rating for the company in a research note on Wednesday, January 21st. UBS Group upped their price target on Coterra Energy from $32.00 to $33.00 and gave the stock a “buy” rating in a research note on Friday, December 12th. Wolfe Research increased their price target on Coterra Energy from $33.00 to $40.00 in a report on Tuesday, February 3rd. Finally, Raymond James Financial boosted their price objective on Coterra Energy from $31.00 to $34.00 and gave the company an “outperform” rating in a report on Wednesday, February 11th. Fifteen equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $33.48.

Key Coterra Energy News

Here are the key news stories impacting Coterra Energy this week:

• Positive Sentiment: Coterra announced a quarterly dividend of $0.22 and issued 2026 guidance alongside its results, giving income-focused investors a clear cash-return signal. BusinessWire Release
• Positive Sentiment: Third‑party summaries highlighted a revenue beat, expanding margins and stronger operating profit and cash flow for Q4 (revenue ~$1.96B, robust gross margin), which supports the view of operational leverage. QuiverQuant Earnings Summary
• Positive Sentiment: Large institutional moves and several recent analyst buy/overweight ratings plus a median price target near $33.5 underpin investor demand and longer-term bullish interest. QuiverQuant Institutional/Analyst Data
• Neutral Sentiment: Broader industry developments — including the Devon merger dynamics — are reshaping competitive and capital allocation context for U.S. E&P names, creating mixed near-term outlook signals for shareholders. Investing.com: Devon Merger Context
• Negative Sentiment: Several outlets reported an EPS miss versus consensus (reported EPS figures and which benchmark was used vary by source), and Reuters flagged that weaker crude prices weighed on Q4 profit — a near-term headwind for earnings momentum. Zacks: EPS Miss Reuters: Commodity Headwinds
• Negative Sentiment: Quiver’s summary also notes materially higher capex and a sharply lower cash balance year‑over‑year — higher spending and diminished cash on hand raise funding and flexibility questions if commodity prices slip. QuiverQuant: Capex & Cash

Coterra Energy Company Profile

Coterra Energy (NYSE: CTRA) is an independent oil and natural gas exploration and production company focused on the development, production and optimization of onshore hydrocarbon resources in the United States. The company’s operations center on the exploration, drilling, completion and production of crude oil, natural gas and natural gas liquids (NGLs), with an emphasis on maximizing operational efficiency and capital discipline across its asset base.

Its business activities include identifying and developing resource-rich acreage, operating producing wells, managing reservoir performance and marketing produced hydrocarbons to a range of midstream and energy customers.