Truist Financial Corp Reduces Position in DuPont de Nemours, Inc. $DD

Truist Financial Corp cut its stake in shares of DuPont de Nemours, Inc. (NYSE:DD) by 25.8% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 120,125 shares of the basic materials company’s stock after selling 41,746 shares during the quarter. Truist Financial Corp’s holdings in DuPont de Nemours were worth $4,829,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Palisade Asset Management LLC acquired a new position in DuPont de Nemours during the third quarter valued at $26,000. Financial Life Planners acquired a new position in DuPont de Nemours during the third quarter valued at $27,000. Imprint Wealth LLC acquired a new position in DuPont de Nemours during the third quarter valued at $27,000. Measured Wealth Private Client Group LLC acquired a new position in DuPont de Nemours during the third quarter valued at $30,000. Finally, Aster Capital Management DIFC Ltd acquired a new position in DuPont de Nemours during the third quarter valued at $44,000. 73.96% of the stock is owned by hedge funds and other institutional investors.

DuPont de Nemours Stock Down 0.0%

DD opened at $49.74 on Monday. DuPont de Nemours, Inc. has a twelve month low of $27.16 and a twelve month high of $52.66. The company has a quick ratio of 2.11, a current ratio of 2.68 and a debt-to-equity ratio of 0.22. The company has a 50-day moving average price of $46.41 and a 200 day moving average price of $43.37. The company has a market cap of $20.39 billion, a PE ratio of -828.81, a price-to-earnings-growth ratio of 1.60 and a beta of 1.02.

DuPont de Nemours (NYSE:DD) last released its quarterly earnings results on Tuesday, May 5th. The basic materials company reported $0.55 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.07. DuPont de Nemours had a negative net margin of 0.30% and a positive return on equity of 7.15%. The firm had revenue of $1.68 billion during the quarter, compared to the consensus estimate of $1.67 billion. During the same quarter in the prior year, the firm earned $1.03 EPS. The company’s revenue for the quarter was up 4.3% on a year-over-year basis. 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. Sell-side analysts expect that DuPont de Nemours, Inc. will post 2.39 earnings per share for the current fiscal year.

DuPont de Nemours Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Investors of record on Friday, May 15th will be given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 1.6%. The ex-dividend date is Friday, May 15th. DuPont de Nemours’s dividend payout ratio is -1,333.33%.

Analyst Ratings Changes

A number of research firms recently issued reports on DD. UBS Group boosted their target price on shares of DuPont de Nemours from $56.00 to $59.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. KeyCorp boosted their target price on shares of DuPont de Nemours from $51.00 to $57.00 and gave the company an “overweight” rating in a research report on Wednesday, February 11th. Mizuho boosted their target price on shares of DuPont de Nemours from $46.00 to $52.00 and gave the company an “outperform” rating in a research report on Tuesday, February 10th. Royal Bank Of Canada decreased their target price on shares of DuPont de Nemours from $60.00 to $56.00 and set an “outperform” rating for the company in a research report on Friday, April 24th. Finally, Wells Fargo & Company boosted their target price on shares of DuPont de Nemours from $50.00 to $55.00 and gave the company an “overweight” rating in a research report on Wednesday, February 11th. Twelve equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $54.93.

About DuPont de Nemours

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.