PNC Financial Services Group Inc. Purchases 156,855 Shares of DuPont de Nemours, Inc. $DD

PNC Financial Services Group Inc. raised its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD) by 20.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 919,063 shares of the basic materials company’s stock after acquiring an additional 156,855 shares during the period. PNC Financial Services Group Inc. owned about 0.22% of DuPont de Nemours worth $71,595,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Princeton Global Asset Management LLC boosted its stake in shares of DuPont de Nemours by 64.4% in the 2nd quarter. Princeton Global Asset Management LLC now owns 365 shares of the basic materials company’s stock valued at $25,000 after purchasing an additional 143 shares in the last quarter. Salomon & Ludwin LLC lifted its stake in DuPont de Nemours by 186.5% in the third quarter. Salomon & Ludwin LLC now owns 318 shares of the basic materials company’s stock worth $25,000 after purchasing an additional 207 shares during the last quarter. Cary Street Partners Investment Advisory LLC lifted its stake in DuPont de Nemours by 67.5% in the second quarter. Cary Street Partners Investment Advisory LLC now owns 541 shares of the basic materials company’s stock worth $37,000 after purchasing an additional 218 shares during the last quarter. Crews Bank & Trust boosted its position in DuPont de Nemours by 55.8% during the third quarter. Crews Bank & Trust now owns 508 shares of the basic materials company’s stock valued at $40,000 after buying an additional 182 shares during the period. Finally, Quaker Wealth Management LLC boosted its position in DuPont de Nemours by 200.7% during the second quarter. Quaker Wealth Management LLC now owns 594 shares of the basic materials company’s stock valued at $41,000 after buying an additional 1,184 shares during the period. 73.96% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have recently commented on DD shares. Citigroup lifted their price objective on DuPont de Nemours from $50.00 to $59.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. Zacks Research upgraded DuPont de Nemours from a “hold” rating to a “strong-buy” rating in a research report on Thursday, February 12th. BMO Capital Markets lifted their price target on DuPont de Nemours from $50.00 to $60.00 and gave the stock an “outperform” rating in a research note on Thursday, February 12th. Wells Fargo & Company increased their price objective on DuPont de Nemours from $50.00 to $55.00 and gave the company an “overweight” rating in a research note on Wednesday, February 11th. Finally, Royal Bank Of Canada raised their target price on shares of DuPont de Nemours from $48.00 to $51.00 and gave the stock an “outperform” rating in a report on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $50.46.

Insider Activity

In other DuPont de Nemours news, SVP Erik T. Hoover sold 6,005 shares of the firm’s stock in a transaction dated Friday, November 28th. The shares were sold at an average price of $39.79, for a total value of $238,938.95. Following the completion of the sale, the senior vice president directly owned 112,101 shares in the company, valued at $4,460,498.79. This trade represents a 5.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Lori Koch sold 9,011 shares of DuPont de Nemours stock in a transaction that occurred on Friday, November 28th. The shares were sold at an average price of $39.46, for a total value of $355,574.06. Following the sale, the chief executive officer directly owned 288,326 shares in the company, valued at approximately $11,377,343.96. The trade was a 3.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.61% of the company’s stock.

DuPont de Nemours Price Performance

Shares of DD stock opened at $50.19 on Tuesday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.91 and a current ratio of 2.42. DuPont de Nemours, Inc. has a fifty-two week low of $22.50 and a fifty-two week high of $52.66. The firm has a market cap of $21.03 billion, a P/E ratio of -26.98, a P/E/G ratio of 1.26 and a beta of 1.10. The business’s 50 day moving average price is $43.48 and its 200-day moving average price is $37.44.

DuPont de Nemours (NYSE:DD) last announced its earnings results 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 company 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 firm’s revenue for the quarter was up .2% on a year-over-year basis. During the same quarter in the prior year, the company 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. On average, equities research analysts anticipate that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current year.

DuPont de Nemours announced that its board has authorized a stock buyback plan on Thursday, November 6th that permits the company to buyback $2.00 billion in outstanding shares. This buyback authorization permits the basic materials company to purchase up to 12.2% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s leadership believes its stock is undervalued.

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.