In this piece, we will take a look at the five largest pesticide companies in USA. For more companies, head on over to 15 Largest Pesticide Companies in USA.
5. FMC Corporation (NYSE:FMC)
Market Capitalization as of January 27, 2023: $16.56 billion
FMC Corporation (NYSE:FMC) is one of the oldest companies on our list. It was set up in 1883 and is headquartered in Philadelphia, Pennsylvania. The firm makes and sells a wide variety of crop protection chemicals that include herbicides, fungicides, and insecticides.
FMC Corporation (NYSE:FMC)’s shares have been one of the strongest performing stocks over the past six months, as they are currently up by more than 20%. 28 of the 920 hedge funds part of Insider Monkey’s survey for the third quarter of last year had held a stake in the company.
Out of these, Ken Griffin’s FMC Corporation (NYSE:FMC) is FMC Corporation (NYSE:FMC)’s largest shareholder. It owns 1.2 million shares that are worth $130 million.
4. Albemarle Corporation (NYSE:ALB)
Market Capitalization as of January 27, 2023: $33 billion
Albemarle Corporation (NYSE:ALB) is a specialty chemicals firm that was set up in 1887 and is based in North Carolina. The firm is also one of the world’s largest suppliers of Bromide products, including Methyl Bromide which is a major pesticide.
By the end of Q3 2022, 49 out of the 920 hedge funds polled by Insider Monkey had held a stake in Albemarle Corporation (NYSE:ALB).
Albemarle Corporation (NYSE:ALB)’s largest hedge fund investor is Israel Englander’s Millennium Management which owns 603,396 shares that are worth $159 million.
Follow Albemarle Corp (NYSE:ALB)
Follow Albemarle Corp (NYSE:ALB)
3. Corteva, Inc. (NYSE:CTVA)
Market Capitalization as of January 27, 2023: $45.5 billion
Corteva, Inc. (NYSE:CTVA) is an American firm that was set up in 2018 as a spin off of DuPont’s agriculture business. It also included Dow AgroSciences, which became a part of DuPont after its merger with the Dow Chemical Company. The company sells herbicides and pesticides.
Corteva, Inc. (NYSE:CTVA) announced in January 2022 that it is buying another agriculture company for a cool $1.2 billion price tag. As of Q3 2022, 50 of the 920 hedge funds surveyed by Insider Monkey had bought its shares.
Corteva, Inc. (NYSE:CTVA)’s largest shareholder is Israel Englander’s Millennium Management which owns 2.6 million shares that are $148 million.
Follow Corteva Inc. (NYSE:CTVA)
Follow Corteva Inc. (NYSE:CTVA)
2. BASF SE (ETR:BAS.DE)
Market Capitalization as of January 27, 2023: $51 billion (1EUR = 1.09USD)
BASF SE (ETR:BAS.DE) is one of the largest agrochemical companies in the world. The firm is headquartered in Ludwigshafen am Rhein, Germany, and it has six business divisions. Out of these, BASF SE (ETR:BAS.DE)’s agricultural business division fungicides, herbicides, insecticides, and other crop protection products. The company’s full year 2022 financial results saw it report EUR87 billion in preliminary sales. BASF’s North American headquarters are in New Jersey.
1. Bayer Aktiengesellschaft (OTCMKTS:BAYRY)
Market Capitalization as of January 27, 2023: $60.36 billion
Bayer Aktiengesellschaft (OTCMKTS:BAYRY) is another major player in the global agriculture industry. The company has a Crop Sciences business division, with a diverse list of agrochemical products such as those that protect plants against both insects and weeds. Bayer Aktiengesellschaft (OTCMKTS:BAYRY)’s American subsidiary is Bayer Corporation, which is headquartered in New Jersey and has operations in 19 states.
Disclosure: None. You can also take a peek at 12 Best Holding Company Stocks To Invest In and 10 Biggest HVAC Companies in the US.
Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.
