Agriculture Stocks List: 5 Biggest Agriculture Stocks

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1. Nutrien Ltd. (NYSE:NTR)

Number of Hedge Fund Holders: 52 

Nutrien Ltd. (NYSE:NTR) provides crop inputs and services. It offers potash, nitrogen, phosphate, and sulfate products; and financial solutions. Nutrien Ltd reported that in the first quarter, their potash sales in tonnes were $14.5 million. The nitrogen sales in tonnes was $10.7 million.

On November 17, Barclays analyst Benjamin Theurer maintained an Overweight rating on Nutrien Ltd. (NYSE:NTR) stock and lowered the price target to $95 from $105. 

Among the hedge funds being tracked by Insider Monkey, New York-based investment firm First Eagle Investment Management is a leading shareholder in Nutrien Ltd. (NYSE:NTR) with 8.4 million shares worth more than $701.8 million. 

In its Q3 2022 investor letter, ClearBridge Investments, an asset management firm, highlighted a few stocks and Nutrien Ltd. (NYSE:NTR) was one of them. Here is what the fund said:

“However, we believe this is exactly the kind of environment that separates the highest-quality companies from their peers and allows them to strengthen their competitive positioning. For example, Nutrien Ltd. (NYSE:NTR), a Canadian fertilizer company, was a top contributor during the quarter. While the war in Ukraine and economic sanctions on Russia have significantly reduced the output of two of the world’s largest agricultural producers, Nutrien has benefited from a strong global agricultural cycle and from farmers seeking to increase their output and capitalize on higher agricultural prices.”

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