Susan L. Menzel, who serves as Executive Vice President and Chief Administrative Officer at CF Industries Holdings, Inc. (NYSE:CF), executed a sale of 3,215 shares of the company’s common stock on February 26, 2026. The disposition was completed at a weighted average price of $97.0012 per share, producing total proceeds of $311,858. The individual sale prices ranged narrowly between $97.0000 and $97.0100.
Following the transaction, Menzel’s direct ownership in CF Industries stands at 87,861 shares.
The sale occurred against a backdrop of a notable year-to-date gain in CF Industries’ equity. The stock has risen 29.72% year-to-date and was trading at $99.54 at the time of the report. According to InvestingPro analysis referenced in company coverage, the shares appear undervalued versus their Fair Value while trading near their 52-week high. The company’s trailing price-to-earnings ratio is cited at 11.12. InvestingPro is noted as providing 14 additional exclusive tips for CF Industries subscribers.
Operational and financial developments at CF Industries in the latest quarter added context to the insider sale. The company reported fourth-quarter adjusted EBITDA of $821 million, outpacing BofA Securities’ estimate of $754 million. Lower natural gas prices were credited with part of the upside, contributing approximately $50 million to the quarter’s adjusted EBITDA.
The company also declared a quarterly cash dividend of $0.50 per share, to be paid on February 27, 2026, to holders of record as of February 13, 2026.
Market sentiment and analyst coverage showed divergence. Rothschild Redburn moved CF Industries from a Neutral rating to Sell and set a revised price target of $72. The firm cited the potential impact on profitability if fertilizer prices normalize, signaling caution about future margins should market conditions shift.
CF Industries continues to advance low-carbon initiatives. The company has formed a partnership with POET to pilot a project intended to develop a low-carbon fertilizer supply chain, an effort the company says could lower the carbon intensity of corn production. Separately, CF Industries disclosed that JERA Co., Inc.’s ownership option in the Blue Point Number One, LLC joint venture has expired and is no longer exercisable. The joint venture, focused on low-carbon ammonia production, lists CF Industries with a 40% ownership stake.
These items - the insider sale, the quarterly financial beat, dividend action, analyst downgrade and progress on low-carbon projects - together describe a company navigating both near-term market movements and longer-term strategic initiatives.