Hsbc Holdings PLC purchased a new position in Nutrien Ltd. (NYSE:NTR – Free Report) in the 2nd quarter, HoldingsChannel.com reports. The fund purchased 76,254 shares of the company’s stock, valued at approximately $4,818,000.
Other large investors also recently added to or reduced their stakes in the company. CORDA Investment Management LLC. acquired a new position in shares of Nutrien during the second quarter valued at approximately $33,209,000. Bryn Mawr Trust Advisors LLC purchased a new position in shares of Nutrien in the second quarter valued at approximately $8,363,000. Geode Capital Management LLC boosted its stake in shares of Nutrien by 6.8% in the fourth quarter. Geode Capital Management LLC now owns 4,833,284 shares of the company’s stock worth $304,217,000 after acquiring an additional 309,025 shares during the last quarter. Oxbow Advisors LLC boosted its stake in shares of Nutrien by 35.2% in the fourth quarter. Oxbow Advisors LLC now owns 142,981 shares of the company’s stock worth $8,825,000 after acquiring an additional 37,246 shares during the last quarter. Finally, Black Creek Investment Management Inc. increased its position in shares of Nutrien by 7.9% during the fourth quarter. Black Creek Investment Management Inc. now owns 2,553,108 shares of the company’s stock worth $157,796,000 after purchasing an additional 185,864 shares in the last quarter. 63.10% of the stock is currently owned by institutional investors and hedge funds.
Nutrien Stock Performance
Shares of Nutrien stock opened at $73.64 on Friday. The business’s 50 day moving average price is $67.33 and its 200 day moving average price is $70.56. The company has a market cap of $35.23 billion, a price-to-earnings ratio of 14.91, a PEG ratio of 0.78 and a beta of 0.61. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.86 and a current ratio of 1.39. Nutrien Ltd. has a one year low of $53.03 and a one year high of $85.36.
Nutrien Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 16th. Investors of record on Tuesday, September 29th will be issued a $0.55 dividend. The ex-dividend date of this dividend is Tuesday, September 29th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 3.0%. Nutrien’s dividend payout ratio is currently 44.53%.
Wall Street Analysts Forecast Growth
Several research analysts recently commented on the company. Scotiabank raised Nutrien from a “sector perform” rating to a “sector outperform” rating and set a $80.00 price objective for the company in a research note on Tuesday, June 30th. TD Securities reaffirmed a “buy” rating on shares of Nutrien in a report on Wednesday, May 6th. Scotia upgraded shares of Nutrien from a “sector perform” rating to a “sector outperform” rating and set a $80.00 target price for the company in a research report on Tuesday, June 30th. Berenberg Bank set a $65.00 price target on shares of Nutrien and gave the stock a “hold” rating in a research note on Wednesday, June 10th. Finally, UBS Group decreased their price target on shares of Nutrien from $67.00 to $65.00 and set a “sell” rating on the stock in a research note on Monday, May 11th. Seventeen investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $81.58.
Check Out Our Latest Stock Report on Nutrien
Trending Headlines about Nutrien
Here are the key news stories impacting Nutrien this week:
- Positive Sentiment: Zacks Research raised its FY2027 EPS estimate to $4.38 from $3.66, a substantial improvement that suggests stronger expected profitability. The firm also lifted estimates for Q2 2027, Q4 2027, FY2026, FY2028, Q1 2027, Q3 2027, Q4 2026 and Q2 2028. Collectively, the revisions point to improving longer-term earnings expectations.
- Positive Sentiment: An investor article emphasizes the appeal of not missing another year of Nutrien’s dividend income, which may reinforce the stock’s attraction to income-oriented investors. You’ve Already Missed a Year of Dividends: Here’s Why I Wouldn’t Miss Another
- Neutral Sentiment: Nutrien’s estimated current-year EPS remains below the broader consensus at $4.71 versus $4.95, while FY2027 and FY2028 estimates are $4.38 and $4.23, respectively. This indicates improving expectations but not an across-the-board bullish outlook.
- Negative Sentiment: Zacks Research reduced its Q3 2026 EPS estimate to $0.78 from $0.92 and its Q1 2028 estimate to $0.63 from $0.76. These cuts signal potential near-term earnings pressure and could limit the stock’s upside.
About Nutrien
Nutrien Ltd. is a global fertilizer and agricultural-services company headquartered in Saskatoon, Saskatchewan, Canada. The company is publicly traded and operates across the farm input value chain, combining upstream fertilizer production with a broad retail and services platform aimed at supporting crop production worldwide. Nutrien’s business model integrates the manufacture and distribution of crop nutrients with on-the-ground agronomic support for growers and agricultural businesses.
Nutrien produces and supplies the three primary fertilizer nutrients—potash, nitrogen and phosphate—through its wholesale operations, and markets a wide range of crop inputs including seeds and crop protection products.
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