Mosaic Company (MOS)

In the past six months, several events have impacted The Mosaic Co. (MOS) stock price. Mosaic's stock tumbled after missing third-quarter profit and revenue estimates due to hurricanes and a mechanical issue at its Riverview plant in Florida, leading to lower phosphate volumes. Mosaic announced the retirement of its CFO, Clint Freeland, to be replaced by Luciano Siani Pires. Several analyst rating changes and price target adjustments occurred. Mosaic announced a definitive agreement to sell its Mosaic Potash Carlsbad Inc. (New Mexico potash operations) to International Minerals Carlsbad, LLC for $30 million. The Mosaic Company announced a quarterly dividend payable on March 19, 2026. As of January 9, 2026, the share price was $25.98, representing a decline of 3.13% over the period from January 13, 2025, and the stock was down over 25% in the last six months.

Demand for The Mosaic Company's products, particularly phosphates and potash, is seasonal, especially in North America, leading to variations in sales volumes. Demand recovery for both phosphates and potash was slowed by seasonality in late 2022. Mosaic typically exports about half of its finished phosphate product annually due to this seasonality in North America. The pace of buying and delivery of products increases when prices are rising, and the lag between market prices and realized prices can vary with seasonality and market sentiment.

The Mosaic Company is a leading global producer and marketer of concentrated phosphate and potash crop nutrients, essential for global food production, operating within the agriculture sector, specifically in the fertilizer and agricultural chemicals industry. Mosaic's core business involves mining and processing phosphate and potash minerals into crop nutrients, including concentrated phosphate crop nutrients such as diammonium phosphate (DAP), monoammonium phosphate (MAP), and MicroEssentials ammoniated phosphate products. They also produce phosphate-based animal feed ingredients under the Biofos and Nexfos brands, and a double sulfate of potash magnesia product called K-Mag. For potash, Mosaic produces and sells it for mixed crop nutrients, animal feed ingredients, industrial use, deicing, and as a water softener regenerant. The company also offers blended crop nutrients, triple superphosphate, single superphosphate, dicalcium phosphate, biological fertilizer complements, and other ancillary services. Mosaic is the largest U.S. producer of potash and phosphate fertilizer.

The Mosaic Company has a significant global presence, with core production and market access heavily concentrated in North America and Brazil. Its operations span the United States, Brazil, China, Canada, Paraguay, Argentina, Japan, Colombia, India, Australia, Peru, Mexico, Honduras, the Dominican Republic, Thailand, and Indonesia. In North America, Mosaic has potash mines in Saskatchewan, Canada, and New Mexico, U.S., along with phosphate mining facilities primarily in Florida and Peru, and phosphate concentrate sites in Louisiana and Florida. The company's products account for a substantial portion of North America's annual phosphate (73-74%) and potash (34-40%) production. In South America, its Mosaic Fertilizantes segment serves the Latin American market, with facilities across Brazil and in Paraguay. Mosaic also has strategic interests in the Middle East and Asia through its Ma'aden Wa'ad Al Shamal Phosphate Company joint venture in Saudi Arabia.

In the past year, Mosaic has engaged in various initiatives and faced some operational challenges that could influence its brand reputation. Mosaic has supported local sustainability through corporate and local giving and volunteerism, including contributions for Hurricane Helene relief in Florida and partnerships through its Villages Project to help smallholder farmers in India and Brazil. Mosaic has implemented projects to reduce its environmental footprint, such as developing an internal road system to reduce CO2 emissions and diesel consumption. The Q3 2025 production miss due to mechanical issues at a Florida plant and impacts from hurricanes could have temporarily affected the perception of operational reliability. Mosaic maintains a strong reputation as a market leader in phosphate and potash production, with a focus on innovation through products like MicroEssentials® and its Mosaic Biosciences platform for biological solutions.

The Mosaic Company's ownership is primarily institutional, with a significant portion held by various investment funds and asset managers, owning approximately 56.42% to 89% of the outstanding shares. Major institutional holders include Vanguard Group Inc., Fmr Llc, BlackRock, Inc., State Street Corp, Dimensional Fund Advisors Lp, Invesco Ltd., Aqr Capital Management Llc, and Geode Capital Management, Llc. Individual investors and company insiders also hold stakes, though their collective ownership is smaller compared to institutional investors, with insiders owning approximately 0.28% and public companies and individual investors owning around 43.31%.