DuPont de Nemours, Inc. (NYSE:DD) Sees Large Decrease in Short Interest

DuPont de Nemours, Inc. (NYSE:DD) saw a significant decline in short interest in June. As of June 30th, there was short interest totaling 5,798,178 shares, a decline of 53.6% from the June 15th total of 12,482,662 shares. Approximately 4.3% of the shares of the stock are short sold. Based on an average trading volume of 1,826,308 shares, the short-interest ratio is currently 3.2 days.

Hedge Funds Weigh In On DuPont de Nemours

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Elevation Wealth Partners LLC increased its position in shares of DuPont de Nemours by 168.5% during the 2nd quarter. Elevation Wealth Partners LLC now owns 239 shares of the basic materials company’s stock valued at $32,000 after purchasing an additional 150 shares during the last quarter. Lazard Asset Management LLC lifted its position in DuPont de Nemours by 7.1% in the 2nd quarter. Lazard Asset Management LLC now owns 2,430 shares of the basic materials company’s stock worth $166,000 after buying an additional 162 shares during the last quarter. Whittier Trust Co. of Nevada Inc. boosted its stake in DuPont de Nemours by 1.8% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 13,236 shares of the basic materials company’s stock worth $575,000 after buying an additional 232 shares in the last quarter. CoreCap Advisors LLC boosted its stake in DuPont de Nemours by 13.1% in the fourth quarter. CoreCap Advisors LLC now owns 2,104 shares of the basic materials company’s stock worth $85,000 after buying an additional 243 shares in the last quarter. Finally, Quadrant Capital Group LLC grew its position in DuPont de Nemours by 1.9% during the fourth quarter. Quadrant Capital Group LLC now owns 13,401 shares of the basic materials company’s stock valued at $539,000 after acquiring an additional 244 shares during the last quarter. 73.96% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have issued reports on DD shares. Royal Bank Of Canada increased their target price on shares of DuPont de Nemours from $168.00 to $180.00 and gave the stock an “outperform” rating in a research note on Monday, May 11th. Deutsche Bank Aktiengesellschaft boosted their price target on shares of DuPont de Nemours from $174.00 to $180.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. Morgan Stanley upped their price target on shares of DuPont de Nemours from $132.00 to $156.00 and gave the stock an “equal weight” rating in a report on Tuesday, April 28th. Weiss Ratings raised DuPont de Nemours from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, May 6th. Finally, Citigroup boosted their target price on DuPont de Nemours from $168.00 to $170.00 and gave the stock a “buy” rating in a research report on Thursday, July 2nd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, DuPont de Nemours has a consensus rating of “Moderate Buy” and an average price target of $165.33.

DuPont de Nemours Price Performance

DuPont de Nemours stock traded up $1.32 during mid-day trading on Tuesday, hitting $133.98. 71,745 shares of the company traded hands, compared to its average volume of 1,404,357. The company has a debt-to-equity ratio of 0.22, a quick ratio of 2.11 and a current ratio of 2.68. DuPont de Nemours has a one year low of $86.59 and a one year high of $157.98. The stock has a market cap of $18.09 billion, a price-to-earnings ratio of -745.53, a price-to-earnings-growth ratio of 1.26 and a beta of 1.05. The stock has a fifty day moving average price of $142.59 and a 200-day moving average price of $138.96.

DuPont de Nemours (NYSE:DD) last issued its quarterly earnings results on Tuesday, May 5th. The basic materials company reported $0.55 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.07. The firm had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.67 billion. DuPont de Nemours had a negative net margin of 0.30% and a positive return on equity of 7.15%. The business’s revenue for the quarter was up 4.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $3.09 EPS. DuPont de Nemours has set its Q2 2026 guidance at 0.590-0.590 EPS and its FY 2026 guidance at 2.350-2.400 EPS. On average, equities analysts predict that DuPont de Nemours will post 7.14 earnings per share for the current fiscal year.

DuPont de Nemours Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend is Monday, August 31st. DuPont de Nemours’s dividend payout ratio is currently -1,333.33%.

DuPont de Nemours Company 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.