Curated Wealth Partners LLC trimmed its position in shares of DuPont de Nemours, Inc. (NYSE:DD – Free Report) by 84.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,324 shares of the basic materials company’s stock after selling 61,918 shares during the period. Curated Wealth Partners LLC’s holdings in DuPont de Nemours were worth $1,471,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also modified their holdings of the company. State Street Corp lifted its holdings in shares of DuPont de Nemours by 140.3% in the 2nd quarter. State Street Corp now owns 44,941,824 shares of the basic materials company’s stock worth $6,095,909,000 after purchasing an additional 26,238,300 shares during the last quarter. Groupe la Francaise acquired a new stake in DuPont de Nemours in the 2nd quarter valued at approximately $1,394,000. Boussard & Gavaudan Gestion Sas bought a new stake in shares of DuPont de Nemours during the second quarter valued at about $4,912,000. Ancora Advisors LLC acquired a new stake in shares of DuPont de Nemours in the 2nd quarter worth approximately $8,317,000. Finally, Cullen Capital Management LLC bought a new stake in DuPont de Nemours during the second quarter worth approximately $2,081,000. 73.96% of the stock is owned by hedge funds and other institutional investors.
DuPont de Nemours Stock Up 0.6%
DD traded up $0.77 during midday trading on Thursday, hitting $129.25. 399,563 shares of the company’s stock traded hands, compared to its average volume of 1,359,027. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.43 and a quick ratio of 1.82. The company has a market cap of $17.45 billion, a PE ratio of 286.85, a price-to-earnings-growth ratio of 1.18 and a beta of 1.05. The stock’s fifty day simple moving average is $133.78 and its 200-day simple moving average is $138.29. DuPont de Nemours, Inc. has a one year low of $97.34 and a one year high of $157.98.
DuPont de Nemours (NYSE:DD – Get Free Report) last released its quarterly earnings data 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. The business had revenue of $1.82 billion during the quarter, compared to analyst estimates of $1.81 billion. DuPont de Nemours had a net margin of 0.67% and a return on equity of 6.92%. DuPont de Nemours’s quarterly revenue was up 4.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.12 EPS. DuPont de Nemours has set its Q3 2026 guidance at 1.800-1.900 EPS. As a group, equities analysts anticipate that DuPont de Nemours, Inc. will post 7.26 earnings per share for the current fiscal year.
DuPont de Nemours Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Monday, November 30th will be paid a $0.60 dividend. The ex-dividend date is Monday, November 30th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.9%. DuPont de Nemours’s payout ratio is 533.33%.
Analyst Upgrades and Downgrades
Several analysts have recently weighed in on DD shares. Weiss Ratings restated a “sell (d+)” rating on shares of DuPont de Nemours in a report on Monday, August 3rd. Barclays assumed coverage on shares of DuPont de Nemours in a report on Tuesday. They set an “overweight” rating and a $156.00 target price for the company. Citigroup dropped their price target on DuPont de Nemours from $170.00 to $162.00 and set a “buy” rating on the stock in a report on Wednesday, October 7th. UBS Group dropped their price target on DuPont de Nemours from $178.00 to $172.00 and set a “buy” rating on the stock in a research note on Monday, October 5th. Finally, Royal Bank Of Canada reduced their price objective on shares of DuPont de Nemours from $176.00 to $160.00 and set an “outperform” rating for the company in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, DuPont de Nemours currently has an average rating of “Moderate Buy” and an average target price of $162.00.
Check Out Our Latest Research Report on DuPont de Nemours
About DuPont de Nemours
DuPont de Nemours, Inc is a science and technology company that develops engineered materials, specialty chemicals and other performance solutions for industrial and consumer markets. Its products are used in areas including electronics and semiconductor manufacturing, water purification, healthcare, transportation, construction, aerospace, worker safety and industrial processing.
DuPont’s portfolio includes well-known brands and materials such as Kevlar aramid fiber, Nomex flame-resistant materials, Tyvek protective materials, Kapton polyimide film, Vespel high-performance parts and Corian solid-surface materials.
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