IFP Advisors Inc Purchases 26,882 Shares of DuPont de Nemours, Inc. $DD

IFP Advisors Inc boosted its position in shares of DuPont de Nemours, Inc. (NYSE:DDFree Report) by 28.2% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 122,209 shares of the basic materials company’s stock after acquiring an additional 26,882 shares during the quarter. IFP Advisors Inc’s holdings in DuPont de Nemours were worth $16,576,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. Elevation Wealth Partners LLC boosted its position in DuPont de Nemours by 168.5% in the second quarter. Elevation Wealth Partners LLC now owns 239 shares of the basic materials company’s stock worth $32,000 after purchasing an additional 150 shares during the last quarter. Lazard Asset Management LLC increased its position in shares of DuPont de Nemours by 7.1% during the 2nd quarter. Lazard Asset Management LLC now owns 2,430 shares of the basic materials company’s stock valued at $166,000 after purchasing an additional 162 shares during the last quarter. Quadrant Capital Group LLC increased its position in shares of DuPont de Nemours by 1.9% during the 4th quarter. Quadrant Capital Group LLC now owns 13,401 shares of the basic materials company’s stock valued at $539,000 after purchasing an additional 244 shares during the last quarter. Brooks Moore & Associates Inc. lifted its stake in shares of DuPont de Nemours by 2.4% in the 4th quarter. Brooks Moore & Associates Inc. now owns 10,658 shares of the basic materials company’s stock worth $428,000 after purchasing an additional 250 shares during the period. Finally, 1ST Source Bank lifted its stake in shares of DuPont de Nemours by 1.5% in the 1st quarter. 1ST Source Bank now owns 17,451 shares of the basic materials company’s stock worth $799,000 after purchasing an additional 252 shares during the period. Institutional investors own 73.96% of the company’s stock.

Analyst Ratings Changes

Several analysts recently issued reports on DD shares. UBS Group boosted their target price on shares of DuPont de Nemours from $175.00 to $178.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Weiss Ratings reiterated a “sell (d+)” rating on shares of DuPont de Nemours in a research report on Monday, August 3rd. The Goldman Sachs Group lifted their price target on shares of DuPont de Nemours from $53.00 to $159.00 and gave the stock a “neutral” rating in a research note on Thursday, June 25th. Zacks Research downgraded shares of DuPont de Nemours from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 17th. Finally, JPMorgan Chase & Co. upped their price objective on DuPont de Nemours from $171.00 to $172.00 and gave the stock an “overweight” rating in a research note on Monday, August 10th. Twelve equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, DuPont de Nemours has an average rating of “Moderate Buy” and a consensus price target of $166.60.

Get Our Latest Analysis on DuPont de Nemours

DuPont de Nemours Stock Down 0.1%

NYSE DD opened at $131.46 on Wednesday. The stock’s 50 day moving average is $138.26 and its 200 day moving average is $140.34. The company has a current ratio of 2.43, a quick ratio of 1.82 and a debt-to-equity ratio of 0.23. DuPont de Nemours, Inc. has a 12 month low of $92.49 and a 12 month high of $157.98. The stock has a market cap of $17.75 billion, a PE ratio of 292.20, a P/E/G ratio of 1.20 and a beta of 1.06.

DuPont de Nemours (NYSE:DDGet Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The basic materials company reported $1.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.76 by $0.12. DuPont de Nemours had a net margin of 0.67% and a return on equity of 6.92%. The business had revenue of $1.82 billion during the quarter, compared to analyst estimates of $1.81 billion. During the same period last year, the firm posted $1.12 EPS. The company’s revenue was up 4.0% on a year-over-year basis. DuPont de Nemours has set its Q3 2026 guidance at 1.800-1.900 EPS. Research analysts predict that DuPont de Nemours, Inc. will post 7.27 EPS for the current fiscal year.

DuPont de Nemours Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date is Monday, August 31st. DuPont de Nemours’s payout ratio is currently 533.33%.

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.

Further Reading

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

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