Cidel Asset Management Inc. Cuts Stake in DuPont de Nemours, Inc. $DD

Posted by Brenda Bartman on Sep 11th, 2026

Cidel Asset Management Inc. reduced its position in DuPont de Nemours, Inc. (NYSE:DD – Free Report) by 71.1% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 2,342 shares of the basic materials company’s stock after selling 5,766 shares during the period. Cidel Asset Management Inc.’s holdings in DuPont de Nemours were worth $318,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. raised its holdings in shares of DuPont de Nemours by 21.8% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,119,613 shares of the basic materials company’s stock valued at $45,008,000 after purchasing an additional 200,550 shares in the last quarter. Ancora Advisors LLC bought a new position in shares of DuPont de Nemours during the second quarter valued at approximately $8,317,000. Cullen Capital Management LLC bought a new position in shares of DuPont de Nemours during the second quarter valued at approximately $2,081,000. Independent Advisor Alliance increased its holdings in DuPont de Nemours by 517.8% during the fourth quarter. Independent Advisor Alliance now owns 42,052 shares of the basic materials company’s stock valued at $1,691,000 after buying an additional 35,245 shares during the period. Finally, Boussard & Gavaudan Gestion Sas purchased a new position in DuPont de Nemours during the second quarter valued at approximately $4,912,000. 73.96% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently commented on DD shares. Citigroup boosted their price objective on shares of DuPont de Nemours from $168.00 to $170.00 and gave the stock a “buy” rating in a research note on Thursday, July 2nd. JPMorgan Chase & Co. lifted their price target on DuPont de Nemours from $171.00 to $172.00 and gave the company an “overweight” rating in a report on Monday, August 10th. Zacks Research lowered DuPont de Nemours from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 17th. Royal Bank Of Canada decreased their price objective on DuPont de Nemours from $180.00 to $176.00 and set an “outperform” rating for the company in a research note on Friday, August 7th. Finally, UBS Group lifted their target price on DuPont de Nemours from $175.00 to $178.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Twelve investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, DuPont de Nemours currently has a consensus rating of “Moderate Buy” and an average target price of $166.60.

Check Out Our Latest Report on DuPont de Nemours

DuPont de Nemours Price Performance

NYSE DD opened at $127.23 on Friday. The firm’s fifty day simple moving average is $137.80 and its two-hundred day simple moving average is $140.01. 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 firm has a market capitalization of $17.18 billion, a P/E ratio of 282.79, a P/E/G ratio of 1.17 and a beta of 1.06.

DuPont de Nemours (NYSE:DD – Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The basic materials company reported $1.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.76 by $0.12. DuPont de Nemours had a return on equity of 6.92% and a net margin of 0.67%.The business had revenue of $1.82 billion for the quarter, compared to the consensus estimate of $1.81 billion. During the same period in the prior year, the firm posted $1.12 earnings per share. The business’s quarterly 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. Analysts forecast that DuPont de Nemours, Inc. will post 7.27 EPS for the current fiscal year.

DuPont de Nemours Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be paid a $0.60 dividend. The ex-dividend date is Monday, August 31st. This represents a $2.40 dividend on an annualized basis and a yield of 1.9%. DuPont de Nemours’s dividend payout ratio (DPR) is 533.33%.

About DuPont de Nemours

(Free Report)

DuPont de Nemours, Inc is a global materials science company headquartered in Wilmington, Delaware. The company develops engineered materials and specialty products used in electronics, transportation, construction, healthcare, water treatment, and industrial applications.

Its offerings include semiconductor and advanced packaging materials, engineering polymers, specialty resins, water purification and separation technologies, and protective materials and solutions. DuPont’s products are sold to manufacturers, industrial customers, and other businesses across North America, Europe, Asia-Pacific, and other international markets.

The company was formed in 2019 following the separation of DowDuPont into independent companies, including DuPont, Dow, and Corteva.