Tidal Investments LLC lowered its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD – Free Report) by 53.5% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 46,323 shares of the basic materials company’s stock after selling 53,359 shares during the period. Tidal Investments LLC’s holdings in DuPont de Nemours were worth $6,283,000 as of its most recent filing with the SEC.
Other large investors also recently added to or reduced their stakes in the company. California State Teachers Retirement System increased its holdings in shares of DuPont de Nemours by 7,560.9% in the second quarter. California State Teachers Retirement System now owns 38,660,655 shares of the basic materials company’s stock worth $5,243,931,000 after buying an additional 38,156,004 shares during the period. Auto Owners Insurance Co boosted its holdings in DuPont de Nemours by 4,275.8% during the 4th quarter. Auto Owners Insurance Co now owns 17,552,405 shares of the basic materials company’s stock valued at $70,561,000 after acquiring an additional 17,151,278 shares during the period. Invesco Ltd. grew its position in DuPont de Nemours by 64.4% during the 4th quarter. Invesco Ltd. now owns 14,514,600 shares of the basic materials company’s stock worth $583,487,000 after acquiring an additional 5,686,490 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC grew its position in DuPont de Nemours by 242.4% during the 4th quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 7,491,426 shares of the basic materials company’s stock worth $301,155,000 after acquiring an additional 5,303,219 shares during the last quarter. Finally, Eurizon Capital SGR S.p.A. purchased a new position in DuPont de Nemours in the 4th quarter worth approximately $130,394,000. Hedge funds and other institutional investors own 73.96% of the company’s stock.
Wall Street Analysts Forecast Growth
DD has been the subject of a number of analyst reports. Zacks Research lowered DuPont de Nemours from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 17th. The Goldman Sachs Group lifted their target price 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. Weiss Ratings reissued a “sell (d+)” rating on shares of DuPont de Nemours in a research report on Monday, August 3rd. UBS Group raised their price target on shares of DuPont de Nemours from $175.00 to $178.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of DuPont de Nemours from $171.00 to $172.00 and gave the company an “overweight” rating in a research report on Monday, August 10th. Twelve investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $166.60.
DuPont de Nemours Trading Down 0.1%
NYSE:DD opened at $126.89 on Monday. The company has a 50-day moving average price of $137.53 and a 200-day moving average price of $139.85. The stock has a market cap of $17.13 billion, a price-to-earnings ratio of 282.03, a P/E/G ratio of 1.16 and a beta of 1.06. 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.
DuPont de Nemours (NYSE:DD – Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The basic materials company reported $1.88 earnings per share (EPS) for the quarter, beating the consensus estimate 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 company had revenue of $1.82 billion for the quarter, compared to analysts’ expectations of $1.81 billion. During the same quarter in the previous year, the company earned $1.12 earnings per share. DuPont de Nemours’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. Equities analysts predict that DuPont de Nemours, Inc. will post 7.27 EPS for the current year.
DuPont de Nemours Cuts Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be given a $0.60 dividend. The ex-dividend date of this dividend is Monday, August 31st. This represents a $2.40 annualized dividend and a dividend yield of 1.9%. DuPont de Nemours’s dividend payout ratio is currently 533.33%.
DuPont de Nemours Profile
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.
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