PNC Financial Services Group Inc. lifted its stake in DuPont de Nemours, Inc. (NYSE:DD – Free Report) by 21.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 1,119,613 shares of the basic materials company’s stock after purchasing an additional 200,550 shares during the period. PNC Financial Services Group Inc.’s holdings in DuPont de Nemours were worth $45,008,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Palisade Asset Management LLC acquired a new stake in shares of DuPont de Nemours in the third quarter valued at approximately $26,000. Financial Life Planners acquired a new stake in shares of DuPont de Nemours in the third quarter valued at approximately $27,000. Imprint Wealth LLC acquired a new stake in shares of DuPont de Nemours in the third quarter valued at approximately $27,000. Miller Global Investments LLC acquired a new stake in shares of DuPont de Nemours in the fourth quarter valued at approximately $28,000. Finally, Measured Wealth Private Client Group LLC acquired a new stake in shares of DuPont de Nemours in the third quarter valued at approximately $30,000. Institutional investors and hedge funds own 73.96% of the company’s stock.
Wall Street Analyst Weigh In
DD has been the subject of several analyst reports. BMO Capital Markets increased their price objective on DuPont de Nemours from $25.10 to $60.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 5th. Royal Bank Of Canada increased their price objective on DuPont de Nemours from $56.00 to $60.00 and gave the stock an “outperform” rating in a research report on Monday, May 11th. UBS Group increased their price objective on DuPont de Nemours from $56.00 to $59.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Argus lowered their price objective on DuPont de Nemours from $86.00 to $52.00 and set a “buy” rating for the company in a research report on Thursday, February 5th. Finally, Citigroup lowered their price objective on DuPont de Nemours from $59.00 to $56.00 and set a “buy” rating for the company in a research report on Monday, April 13th. Twelve investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, DuPont de Nemours has a consensus rating of “Moderate Buy” and a consensus price target of $55.21.
DuPont de Nemours Trading Down 0.1%
Shares of DuPont de Nemours stock opened at $47.20 on Friday. The firm has a market capitalization of $19.35 billion, a price-to-earnings ratio of -786.57, a PEG ratio of 1.34 and a beta of 1.02. DuPont de Nemours, Inc. has a fifty-two week low of $27.16 and a fifty-two week high of $52.66. The company has a debt-to-equity ratio of 0.22, a quick ratio of 2.11 and a current ratio of 2.68. The stock has a 50 day moving average of $46.64 and a 200 day moving average of $44.43.
DuPont de Nemours (NYSE:DD – Get Free Report) last released its quarterly earnings results on Tuesday, May 5th. The basic materials company reported $0.55 EPS for the quarter, topping the consensus estimate of $0.48 by $0.07. DuPont de Nemours had a positive return on equity of 7.15% and a negative net margin of 0.30%.The business had revenue of $1.68 billion during the quarter, compared to analyst estimates of $1.67 billion. During the same period last year, the business posted $1.03 earnings per share. The company’s quarterly revenue was up 4.3% on a year-over-year basis. 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. As a group, research analysts predict that DuPont de Nemours, Inc. will post 2.39 earnings per share for the current year.
DuPont de Nemours Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Stockholders of record on Friday, May 15th will be given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 1.7%. The ex-dividend date is Friday, May 15th. DuPont de Nemours’s dividend payout ratio (DPR) is currently -1,333.33%.
About DuPont de Nemours
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.
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