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Nufarm Ltd ASX:NUF

1 opened or increased3 held1 reduced or exitedlatest position by manager, past 12 months90 days: 0 increased, 1 reduced. 6 managers in total.

Position history by manager Showing 3 of 6 managersSelect a point to see the comment

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202420252026

11 May 2025 to today

Commentary Showing 2 of 12

DateManagerActionSummary

30 Sep 2026Ryder CapitalExitRyder Capital sold its investment in Nufarm because the shares had experienced a strong re-rating over the preceding months, prompting an exit on valuation grounds. The decision reflects Ryder's disciplined approach of realising gains once a holding's share price has moved closer to its assessment of fair value, allowing capital to be recycled into opportunities with greater remaining upside. Nufarm, a crop protection and seed technology company, was one of several positions exited during the September 2026 quarter on similar grounds, alongside FDC Consolidated, Coast Entertainment and Polymetals Resources.

Quarterly Report, price recorded $3.27

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31 Jul 2026Ryder CapitalExitRyder Capital exited its position in Nufarm because the agricultural chemicals company's share price had rerated strongly over the prior three months, prompting the manager to conclude the stock had reached full valuation. Ryder Capital notes the exit was part of a broader approach during the month of also trimming other selective holdings across the portfolio in response to valuation considerations.

Monthly Report, price recorded $3.00

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10 more comments on NUFPro shows every comment, with a link to each source document.

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First mention by manager

Price recorded at each manager's first comment

Price at first mentionThe share price recorded when each of 6 managers first commented on NUF.

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Articles

About Nufarm Ltd

Consumer Staples, Chemicals

Nufarm (ASX:NUF), the crop protection and seeds group, has re-rated as fund managers back a cyclical recovery. In May 2026, Maple-Brown Abbott took a position after the US-Iran conflict, expecting supply chain disruption to lift crop protection pricing and rising fish oil prices to boost its Omega-3 seeds business. Asymmetric Asset Management noted strong interim results with underlying profit up 35% and improving free cash flow and debt, while Wilson Asset Management sees a turnaround that could double the share price if execution holds. Nufarm operates in the Materials sector within the Chemicals industry, and Thesis Tracker has captured 11 comments from 6 fund managers, including Maple-Brown Abbott, Asymmetric, Wilson Asset Management and Ryder Capital. Founded in 1957 and headquartered in Melbourne, Nufarm develops and sells crop protection chemicals and seed technologies, including canola and Omega-3 seeds, to farmers worldwide.

Market cap: $1.2b
Price to earnings: Loss-making
Return on equity: -7.2%
Dividend yield: 0.0%
Price to book: 0.69x
Net margin: -4.7%
52-week range: $1.79 to $3.37

Company figures as of 15 Oct 2026. For information only.

Questions

Who is investing in Nufarm Ltd (ASX:NUF)?

Fund managers including L1 Capital, Asymmetric Asset Management, Wilson Asset Management, Maple-Brown Abbott, Ryder Capital and First Samuel have invested in Nufarm Ltd (ASX:NUF).

What opportunities or catalysts do fund managers highlight for Nufarm Ltd?

Managers highlight a cyclical upswing in crop protection pricing, stronger performance in the Seed Technologies division and balance sheet repair. Maple-Brown Abbott points to rising fish oil prices supporting Omega-3 seed earnings, while Asymmetric notes media speculation about potential buyers for the seeds business.

What are the key risks to the Nufarm Ltd investment thesis, according to fund managers?

Ryder Capital exited on valuation grounds after a strong three-month re-rating, suggesting much of the recovery may be priced in. Wilson Asset Management notes the upside depends on continued execution, and Asymmetric holds only a small position.

What does Nufarm Ltd (ASX:NUF) do?

Nufarm Ltd., headquartered in Melbourne, Australia, is a global agricultural manufacturer founded in 1957. The company operates through two primary segments: Crop Protection and Seed Technologies. The Crop Protection segment develops and sells products for weed, pest, and disease control. The Seed Technologies division provides specialized seeds and seed treatment solutions. Nufarm serves the agricultural industry by delivering chemical and biological products designed to enhance crop yields and protection. The company remains a key player in global agribusiness through its research, development, and supply of integrated crop solutions.

General information only. Thesis Tracker reports what named fund managers have published about ASX companies. It does not take into account your objectives, financial situation or needs, and is not financial product advice or a recommendation to buy, sell or hold any security.

11,356 comments from 164 managers on 761 companies, snapshot 15 Oct 2026.

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