13 Best Farmland and Agriculture Stocks To Invest In According to Hedge Funds

3. CF Industries Holdings Inc. (NYSE:CF)

Number of Hedge Fund Holders: 39

CF Industries Holdings Inc. (NYSE:CF) is an American producer of hydrogen and nitrogen products, primarily used in clean energy, emissions abatement, and agricultural fertilizers. The company manufactures and distributes essential fertilizers like ammonia, urea, and ammonium nitrate, which are crucial for enhancing crop yields.

For the first nine months of 2024, CF Industries Holdings Inc. (NYSE:CF) reported net earnings of $890 million or $4.86 per diluted share, down from $1.25 billion or $6.42 per diluted share in the same period of 2023. Despite this decline, the company produced approximately 7.2 million tons of gross ammonia, slightly up from 7.0 million tons in the previous year. This production increase reflects CF Industries Holdings Inc.’s (NYSE:CF) ability to maintain strong operational performance amid fluctuating market conditions.

Net sales for the first nine months of 2024 were $4.41 billion, a decrease from $5.06 billion in the same period of 2023. This drop was mainly due to lower average selling prices. However, sales volumes remained stable due to higher ammonia sales from a recently acquired Waggaman ammonia production facility.

The company is also investing in strategic initiatives aimed at sustainability and growth. Notably, CF Industries Holdings Inc. (NYSE:CF) is advancing projects related to low-carbon ammonia technologies and carbon capture at its facilities in Donaldsonville and Yazoo City. These initiatives not only align with global sustainability goals but also position CF Industries Holdings Inc. (NYSE:CF) as a leader in environmentally friendly solutions. Additionally, CF Industries Holdings Inc. (NYSE:CF) has been proactive in returning value to shareholders, repurchasing 14.4 million shares for $1.13 billion during the first nine months of 2024.

With its robust production capabilities, commitment to innovation, and focus on sustainability, CF Industries Holdings Inc. (NYSE:CF) presents a solid investment opportunity for those looking to invest in farmland and agriculture stocks.