5 Biggest Agriculture Companies in the World

2. CF Industries Holdings, Inc. (NYSE:CF)

Market Capitalization as of March 23: $21.475 billion

Number of Hedge Fund Holders: 58

With a market capitalization of more than $21 billion, CF Industries Holdings, Inc. (NYSE:CF) is a notable agriculture company based in Deerfield, Illinois. The company’s product portfolio primarily includes anhydrous ammonia, granular urea, urea ammonium nitrate, and ammonium nitrate. CF Industries Holdings, Inc. (NYSE:CF) is a major contributor in the fertilizer market. 

In the company’s full-year financial results, the 2021 revenue came in at $6.5 billion, a 58.54% growth as compared to the prior-year revenue of $4.1 billion. The net income grew 189% year-over-year to $917 million in 2021. Citi analyst P.J. Juvekar boosted the price target on CF Industries Holdings, Inc. (NYSE:CF) on March 22 to $121 from $86 and kept a Buy rating on the shares, acknowledging the company as a clear gainer amid the Russia-Ukraine war.

Matthew Barrett’s Glendon Capital Management is the biggest shareholder of the company, with more than 5 million shares worth $363.3 million. Overall, 58 hedge funds were bullish on CF Industries Holdings, Inc. (NYSE:CF) at the end of December 2021.