DuPont de Nemours, Inc. $DD Shares Sold by Verdence Capital Advisors LLC

Verdence Capital Advisors LLC lowered its stake in shares of DuPont de Nemours, Inc. (NYSE:DD) by 64.2% during the third quarter, HoldingsChannel.com reports. The firm owned 6,382 shares of the basic materials company’s stock after selling 11,440 shares during the period. Verdence Capital Advisors LLC’s holdings in DuPont de Nemours were worth $519,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in the stock. Brighton Jones LLC boosted its holdings in DuPont de Nemours by 19.6% in the fourth quarter. Brighton Jones LLC now owns 5,012 shares of the basic materials company’s stock valued at $382,000 after acquiring an additional 822 shares during the last quarter. Empowered Funds LLC raised its holdings in shares of DuPont de Nemours by 8.9% in the 1st quarter. Empowered Funds LLC now owns 11,550 shares of the basic materials company’s stock worth $863,000 after purchasing an additional 947 shares during the period. Sivia Capital Partners LLC acquired a new position in shares of DuPont de Nemours in the 2nd quarter valued at about $365,000. Farther Finance Advisors LLC grew its holdings in shares of DuPont de Nemours by 8.7% during the 2nd quarter. Farther Finance Advisors LLC now owns 8,018 shares of the basic materials company’s stock worth $550,000 after purchasing an additional 642 shares during the period. Finally, Park Avenue Securities LLC acquired a new stake in DuPont de Nemours during the 2nd quarter worth approximately $814,000. 73.96% of the stock is owned by hedge funds and other institutional investors.

DuPont de Nemours Stock Performance

NYSE:DD opened at $43.78 on Friday. The firm has a 50-day moving average of $40.94 and a two-hundred day moving average of $35.54. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.00 and a quick ratio of 1.63. The stock has a market cap of $18.34 billion, a P/E ratio of -23.79, a PEG ratio of 3.22 and a beta of 1.08. DuPont de Nemours, Inc. has a 1-year low of $22.50 and a 1-year high of $44.96.

DuPont de Nemours (NYSE:DD) last released its quarterly earnings results on Thursday, November 6th. The basic materials company reported $1.09 EPS for the quarter, topping the consensus estimate of $1.04 by $0.05. The business had revenue of $3.07 billion for the quarter, compared to analysts’ expectations of $3.12 billion. DuPont de Nemours had a positive return on equity of 7.81% and a negative net margin of 6.17%.The company’s revenue was down 2.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.18 earnings per share. DuPont de Nemours has set its Q4 2025 guidance at 0.430-0.430 EPS. On average, research analysts expect that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current fiscal year.

DuPont de Nemours announced that its Board of Directors has initiated 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 buy 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 Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Friday, November 28th were paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 1.8%. The ex-dividend date was Friday, November 28th. DuPont de Nemours’s dividend payout ratio is -43.48%.

Insider Buying and Selling

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

Wall Street Analyst Weigh In

A number of brokerages have weighed in on DD. Wells Fargo & Company reduced their price target on shares of DuPont de Nemours from $100.00 to $50.00 and set an “overweight” rating on the stock in a research report on Friday, November 7th. UBS Group lifted their target price on shares of DuPont de Nemours from $46.00 to $49.00 and gave the company a “buy” rating in a report on Wednesday, January 7th. Citigroup increased their price target on DuPont de Nemours from $47.00 to $50.00 and gave the company a “buy” rating in a report on Wednesday. Weiss Ratings reissued a “sell (d+)” rating on shares of DuPont de Nemours in a research report on Monday, December 22nd. Finally, JPMorgan Chase & Co. upped their target price on DuPont de Nemours from $48.00 to $50.00 and gave the stock an “overweight” rating in a research report on Friday, January 16th. Ten analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $45.99.

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.