NBT Bank N.A. acquired a new position in DuPont de Nemours, Inc. (NYSE:DD – Free Report) in the third quarter, HoldingsChannel reports. The fund acquired 6,544 shares of the basic materials company’s stock, valued at approximately $850,000.
A number of other hedge funds also recently added to or reduced their stakes in DD. Obermeyer Wealth Partners boosted its stake in shares of DuPont de Nemours by 54.2% during the third quarter. Obermeyer Wealth Partners now owns 13,551 shares of the basic materials company’s stock valued at $1,760,000 after purchasing an additional 4,763 shares in the last quarter. Diligent Investors LLC raised its stake in DuPont de Nemours by 291.0% in the third quarter. Diligent Investors LLC now owns 8,285 shares of the basic materials company’s stock worth $1,076,000 after buying an additional 6,166 shares in the last quarter. Cardinal Capital Management raised its stake in DuPont de Nemours by 39.9% in the third quarter. Cardinal Capital Management now owns 7,260 shares of the basic materials company’s stock worth $943,000 after buying an additional 2,069 shares in the last quarter. TI Trust Inc. lifted its holdings in DuPont de Nemours by 429.8% during the third quarter. TI Trust Inc. now owns 14,841 shares of the basic materials company’s stock worth $1,928,000 after buying an additional 12,040 shares during the period. Finally, Crossmark Global Holdings Inc. purchased a new stake in DuPont de Nemours during the third quarter worth $18,221,000. 73.96% of the stock is owned by hedge funds and other institutional investors.
DuPont de Nemours Price Performance
Shares of DD opened at $136.47 on Friday. The company has a 50 day moving average of $132.24 and a two-hundred day moving average of $138.11. The company has a quick ratio of 1.82, a current ratio of 2.43 and a debt-to-equity ratio of 0.23. DuPont de Nemours, Inc. has a twelve month low of $100.00 and a twelve month high of $157.98. The company has a market cap of $18.43 billion, a price-to-earnings ratio of 303.34, a price-to-earnings-growth ratio of 1.25 and a beta of 1.05.
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. As a group, analysts predict that DuPont de Nemours, Inc. will post 7.25 earnings per share for the current fiscal year.
DuPont de Nemours Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Monday, November 30th will be paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 1.8%. The ex-dividend date is Monday, November 30th. DuPont de Nemours’s payout ratio is 533.33%.
Analyst Ratings Changes
DD has been the topic of several recent research reports. Zacks Research cut DuPont de Nemours from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 17th. The Goldman Sachs Group reduced their price target on DuPont de Nemours from $159.00 to $153.00 and set a “neutral” rating for the company in a research report on Wednesday, September 30th. Barclays began coverage on DuPont de Nemours in a research note on Tuesday, October 13th. They set an “overweight” rating and a $156.00 price objective for the company. JPMorgan Chase & Co. downgraded DuPont de Nemours from an “overweight” rating to a “neutral” rating and dropped their price objective for the company from $172.00 to $145.00 in a research report on Friday, October 9th. Finally, Citigroup cut their target price on DuPont de Nemours from $170.00 to $162.00 and set a “buy” rating on the stock in a research note on Wednesday, October 7th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $162.00.
View Our Latest Stock Report on DuPont de Nemours
DuPont de Nemours Company Profile
DuPont de Nemours, Inc is a diversified science and technology company that develops engineered materials and specialty products for industrial and consumer markets. Its offerings are used in applications including electronics, semiconductor manufacturing, water purification, transportation, construction, healthcare, and worker and consumer protection.
The company’s product portfolio has historically included high-performance films, resins, adhesives, engineered polymers, specialty fibers, protective materials, water-treatment membranes, and filtration technologies.
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