New Mexico Educational Retirement Board Sells 12,298 Shares of DuPont de Nemours, Inc. $DD

New Mexico Educational Retirement Board cut its position in DuPont de Nemours, Inc. (NYSE:DD) by 64.6% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 6,749 shares of the basic materials company’s stock after selling 12,298 shares during the quarter. New Mexico Educational Retirement Board’s holdings in DuPont de Nemours were worth $915,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Palisade Asset Management LLC acquired a new position in DuPont de Nemours during the 3rd quarter worth $26,000. Imprint Wealth LLC acquired a new stake in shares of DuPont de Nemours in the third quarter valued at about $27,000. Basepoint Wealth LLC bought a new position in shares of DuPont de Nemours in the fourth quarter worth about $28,000. Nalls Sherbakoff Group LLC bought a new position in shares of DuPont de Nemours in the fourth quarter worth about $29,000. Finally, Measured Wealth Private Client Group LLC acquired a new position in shares of DuPont de Nemours during the 3rd quarter worth about $30,000. Institutional investors own 73.96% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have issued reports on DD shares. JPMorgan Chase & Co. raised their target price on DuPont de Nemours from $171.00 to $172.00 and gave the company an “overweight” rating in a report on Monday, August 10th. Royal Bank Of Canada cut their price target on DuPont de Nemours from $180.00 to $176.00 and set an “outperform” rating for the company in a report on Friday, August 7th. BMO Capital Markets increased their price objective on DuPont de Nemours from $75.30 to $180.00 and gave the company an “outperform” rating in a research report on Tuesday, May 5th. Zacks Research downgraded shares of DuPont de Nemours from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 17th. Finally, The Goldman Sachs Group boosted 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 report on Thursday, June 25th. Twelve research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, DuPont de Nemours presently has an average rating of “Moderate Buy” and an average target price of $166.60.

DuPont de Nemours Trading Down 1.6%

DuPont de Nemours stock opened at $134.78 on Tuesday. The business has a 50 day moving average price of $138.87 and a two-hundred day moving average price of $141.17. 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 12 month low of $92.49 and a 12 month high of $157.98. The stock has a market cap of $18.20 billion, a price-to-earnings ratio of 299.57, a price-to-earnings-growth ratio of 1.25 and a beta of 1.06.

DuPont de Nemours (NYSE:DD) last announced its quarterly earnings data on Tuesday, August 4th. The basic materials company reported $1.88 earnings per share for the quarter, topping the consensus estimate of $1.76 by $0.12. The company had revenue of $1.82 billion for the quarter, compared to analyst estimates of $1.81 billion. DuPont de Nemours had a return on equity of 6.92% and a net margin of 0.67%.DuPont de Nemours’s revenue for the quarter was up 4.0% compared to the same quarter last year. During the same quarter last year, the firm earned $1.12 EPS. DuPont de Nemours has set its Q3 2026 guidance at 1.800-1.900 EPS. As a group, equities analysts forecast that DuPont de Nemours, Inc. will post 7.27 EPS for the current 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 dividend of $0.60 per share. The ex-dividend date is Monday, August 31st. This represents a $2.40 dividend on an annualized basis and a yield of 1.8%. DuPont de Nemours’s payout ratio is currently 533.33%.

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.