Wellington Management Group LLP Sells 12,453,512 Shares of Coterra Energy Inc. $CTRA

NodeGuardian · 2026-03-16T20:45:48+00:00

Wellington Management cut its stake in Coterra Energy by 14.3%, retaining a 9.80% share worth $1.765 billion. Coterra announced a quarterly dividend of $0.22 per share, with a "Moderate Buy" rating and a target price of $34.29.

NodeGuardian

2026-03-16 20:45:48

Abstract generation in progress

Wellington Management Group LLP reduced its stake in Coterra Energy Inc. by 14.3% in the third quarter, selling over 12.4 million shares but still holding a 9.80% stake valued at $1.765 billion. Coterra recently declared a quarterly dividend of $0.22 per share, and Wall Street analysts currently rate the stock as a “Moderate Buy” with an average target price of $34.29. The company’s stock has a market capitalization of $24.43 billion and trades at a P/E ratio of 14.11.

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