Carl Icahn Stock Portfolio: Top 10 Stock Picks

5. CVR Partners, LP (NYSE:UAN)

Carl Icahn’s Q4 2024 Stake: $308.86 million

CVR Partners, LP (NYSE:UAN) is a basic materials company that manufactures and distributes nitrogen fertilizer products. The company sells ammonia to both industrial and agricultural clients, as well as urea ammonium nitrate to agricultural consumers.

CVR Partners, LP (NYSE:UAN) released Q4 2024 earnings that surpassed analysts’ estimates, with an EPS of $1.73 and quarterly revenues of $139.56 million. CVR Partners anticipates that maintenance capital spending will be between $35 million and $45 million in 2025, with expansion capital investment ranging from $20 million to $25 million. The company anticipates strong demand for nitrogen fertilizer in the spring, with an ammonia consumption rate of 95-100% in Q1 2025.

CVR Partners, LP (NYSE:UAN), trading at a price-to-earnings ratio of 13.51, has been one of Carl Icahn’s top stocks for 2024 on account of its steady dividend returns. As of February 26, the company’s dividend yield was a healthy 8.68%.