Northwestern Mutual Wealth Management Co. Boosts Stock Position in DuPont de Nemours, Inc. $DD

Northwestern Mutual Wealth Management Co. grew its stake in shares of DuPont de Nemours, Inc. (NYSE:DDFree Report) by 12,133.4% during the 4th quarter, HoldingsChannel reports. The fund owned 9,614,878 shares of the basic materials company’s stock after buying an additional 9,536,283 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in DuPont de Nemours were worth $365,921,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in DD. Oppenheimer & Co. Inc. increased its stake in DuPont de Nemours by 39.2% in the third quarter. Oppenheimer & Co. Inc. now owns 104,565 shares of the basic materials company’s stock valued at $8,146,000 after acquiring an additional 29,473 shares during the last quarter. Xponance Inc. increased its stake in DuPont de Nemours by 113.6% in the third quarter. Xponance Inc. now owns 134,797 shares of the basic materials company’s stock valued at $10,501,000 after acquiring an additional 71,695 shares during the last quarter. Citigroup Inc. increased its stake in DuPont de Nemours by 20.2% in the third quarter. Citigroup Inc. now owns 572,650 shares of the basic materials company’s stock valued at $44,609,000 after acquiring an additional 96,062 shares during the last quarter. Bank of New York Mellon Corp increased its stake in DuPont de Nemours by 0.9% in the third quarter. Bank of New York Mellon Corp now owns 3,169,908 shares of the basic materials company’s stock valued at $246,936,000 after acquiring an additional 29,543 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in DuPont de Nemours by 3.8% in the third quarter. Dimensional Fund Advisors LP now owns 3,337,753 shares of the basic materials company’s stock valued at $259,974,000 after acquiring an additional 121,216 shares during the last quarter. Hedge funds and other institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Stock Down 2.6%

Shares of NYSE:DD opened at $49.30 on Friday. The stock’s 50-day moving average price is $46.51 and its 200-day moving average price is $43.99. DuPont de Nemours, Inc. has a 12-month low of $27.16 and a 12-month high of $52.66. The stock has a market capitalization of $20.21 billion, a P/E ratio of -821.51, a price-to-earnings-growth ratio of 1.43 and a beta of 1.02. The company has a current ratio of 2.68, a quick ratio of 2.11 and a debt-to-equity ratio of 0.22.

DuPont de Nemours (NYSE:DDGet Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The basic materials company reported $0.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.48 by $0.07. The firm had revenue of $1.68 billion for the quarter, compared to analysts’ expectations of $1.67 billion. DuPont de Nemours had a positive return on equity of 7.15% and a negative net margin of 0.30%.The company’s revenue for the quarter was up 4.3% compared to the same quarter last year. During the same period last year, the firm earned $1.03 earnings per share. DuPont de Nemours has set its Q2 2026 guidance at 0.590-0.590 EPS and its FY 2026 guidance at 2.350-2.400 EPS. On average, equities analysts anticipate that DuPont de Nemours, Inc. will post 2.39 earnings per share for the current year.

DuPont de Nemours Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 29th. Investors of record on Friday, May 15th will be paid a $0.20 dividend. The ex-dividend date of this dividend is Friday, May 15th. This represents a $0.80 annualized dividend and a dividend yield of 1.6%. DuPont de Nemours’s dividend payout ratio (DPR) is presently -1,333.33%.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on DD shares. Wolfe Research increased their target price on DuPont de Nemours from $49.00 to $54.00 and gave the company an “outperform” rating in a research note on Wednesday, February 11th. JPMorgan Chase & Co. increased their target price on DuPont de Nemours from $48.00 to $50.00 and gave the company an “overweight” rating in a research note on Friday, January 16th. Mizuho increased their target price on DuPont de Nemours from $46.00 to $52.00 and gave the company an “outperform” rating in a research note on Tuesday, February 10th. Citigroup reduced their target price on DuPont de Nemours from $59.00 to $56.00 and set a “buy” rating on the stock in a research note on Monday, April 13th. Finally, KeyCorp upped their price objective on shares of DuPont de Nemours from $51.00 to $57.00 and gave the company an “overweight” rating in a research note on Wednesday, February 11th. Twelve analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $55.21.

Get Our Latest Report on DD

DuPont de Nemours Profile

(Free Report)

DuPont de Nemours (NYSE: DD) is a global science and engineering company that develops and supplies specialty materials, chemicals and industrial biosciences for a wide range of markets. Headquartered in Wilmington, Delaware, the company traces its origins to 1802 and has evolved through more than two centuries of innovation. In recent history DuPont participated in a major combination with Dow Chemical and subsequent reorganization that refocused the company on differentiated, specialty businesses built around science-based solutions.

DuPont’s operations center on advanced materials and technologies used by manufacturers and OEMs in industries such as transportation, electronics, construction, industrial manufacturing and worker safety.

See Also

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Institutional Ownership by Quarter for DuPont de Nemours (NYSE:DD)

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