Lighthouse Investment Partners LLC boosted its holdings in DuPont de Nemours, Inc. (NYSE:DD – Free Report) by 94.3% during the third quarter, Holdings Channel.com reports. The fund owned 59,449 shares of the basic materials company’s stock after acquiring an additional 28,860 shares during the period. Lighthouse Investment Partners LLC’s holdings in DuPont de Nemours were worth $4,631,000 at the end of the most recent reporting period.
Other hedge funds have also recently added to or reduced their stakes in the company. Norges Bank purchased a new position in shares of DuPont de Nemours during the 2nd quarter worth approximately $313,306,000. Vanguard Group Inc. lifted its stake in DuPont de Nemours by 6.7% in the 3rd quarter. Vanguard Group Inc. now owns 50,867,267 shares of the basic materials company’s stock valued at $3,962,560,000 after buying an additional 3,203,044 shares in the last quarter. Invesco Ltd. lifted its stake in DuPont de Nemours by 28.2% in the 3rd quarter. Invesco Ltd. now owns 8,828,110 shares of the basic materials company’s stock valued at $687,710,000 after buying an additional 1,942,589 shares in the last quarter. Mondrian Investment Partners LTD acquired a new stake in DuPont de Nemours during the 3rd quarter valued at $138,503,000. Finally, Ilex Capital Partners UK LLP grew its holdings in DuPont de Nemours by 175.8% during the 2nd quarter. Ilex Capital Partners UK LLP now owns 2,043,299 shares of the basic materials company’s stock valued at $140,150,000 after buying an additional 1,302,341 shares during the last quarter. 73.96% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
DD has been the subject of a number of analyst reports. Citigroup boosted their price target on DuPont de Nemours from $50.00 to $59.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of DuPont de Nemours in a research note on Monday, December 22nd. Argus dropped 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. UBS Group upped their target price on shares of DuPont de Nemours from $49.00 to $56.00 and gave the company a “buy” rating in a report on Wednesday, February 11th. Finally, Wolfe Research raised their price target on shares of DuPont de Nemours from $49.00 to $54.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 11th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $51.86.
DuPont de Nemours Trading Up 1.1%
Shares of DuPont de Nemours stock opened at $45.38 on Tuesday. DuPont de Nemours, Inc. has a fifty-two week low of $22.50 and a fifty-two week high of $52.66. The business’s fifty day moving average is $46.43 and its two-hundred day moving average is $39.90. The company has a quick ratio of 1.91, a current ratio of 2.42 and a debt-to-equity ratio of 0.22. The firm has a market cap of $18.55 billion, a PE ratio of -24.40, a P/E/G ratio of 1.12 and a beta of 1.09.
DuPont de Nemours (NYSE:DD – Get Free Report) last announced its quarterly earnings data on Tuesday, February 10th. The basic materials company reported $0.46 EPS for the quarter, beating analysts’ consensus estimates of $0.43 by $0.03. The business had revenue of $1.69 billion during the quarter, compared to the consensus estimate of $1.69 billion. DuPont de Nemours had a positive return on equity of 7.37% and a negative net margin of 7.03%.The business’s revenue for the quarter was up .2% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.13 earnings per share. DuPont de Nemours has set its FY 2026 guidance at 2.250-2.300 EPS and its Q1 2026 guidance at 0.480-0.480 EPS. Analysts anticipate that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current year.
DuPont de Nemours Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 2nd were issued a $0.20 dividend. The ex-dividend date was Monday, March 2nd. This represents a $0.80 annualized dividend and a yield of 1.8%. DuPont de Nemours’s payout ratio is -43.01%.
DuPont de Nemours Profile
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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