DuPont de Nemours, Inc. $DD Stock Acquired by Diligent Investors LLC

Diligent Investors LLC grew its position in shares of DuPont de Nemours, Inc. (NYSE:DD) by 291.0% in the 3rd quarter, Holdings Channel.com reports. The firm owned 8,285 shares of the basic materials company’s stock after buying an additional 6,166 shares during the period. Diligent Investors LLC’s holdings in DuPont de Nemours were worth $1,076,000 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. State Street Corp raised its position in shares of DuPont de Nemours by 140.3% in the second quarter. State Street Corp now owns 44,941,824 shares of the basic materials company’s stock worth $6,095,909,000 after acquiring an additional 26,238,300 shares during the period. Groupe la Francaise purchased a new stake in shares of DuPont de Nemours during the 2nd quarter worth about $1,394,000. Boussard & Gavaudan Gestion Sas acquired a new stake in shares of DuPont de Nemours during the 2nd quarter valued at about $4,912,000. Ancora Advisors LLC acquired a new stake in shares of DuPont de Nemours during the 2nd quarter valued at about $8,317,000. Finally, Cullen Capital Management LLC acquired a new stake in shares of DuPont de Nemours during the 2nd quarter valued at about $2,081,000. 73.96% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on DD. JPMorgan Chase & Co. lowered DuPont de Nemours from an “overweight” rating to a “neutral” rating and cut their price target for the company from $172.00 to $145.00 in a research note on Friday, October 9th. Citigroup reduced their price target on DuPont de Nemours from $170.00 to $162.00 and set a “buy” rating for the company in a report on Wednesday, October 7th. UBS Group lowered their price target on DuPont de Nemours from $178.00 to $172.00 and set a “buy” rating on the stock in a research report on Monday, October 5th. Royal Bank Of Canada dropped their price objective on DuPont de Nemours from $176.00 to $160.00 and set an “outperform” rating on the stock in a report on Thursday, October 15th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of DuPont de Nemours in a report on Monday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $162.00.

DuPont de Nemours Stock Performance

NYSE:DD opened at $134.11 on Thursday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.82 and a current ratio of 2.43. The company has a fifty day moving average of $132.62 and a two-hundred day moving average of $138.13. The stock has a market capitalization of $18.11 billion, a PE ratio of 298.08, a P/E/G ratio of 1.23 and a beta of 1.05. DuPont de Nemours, Inc. has a fifty-two week low of $99.20 and a fifty-two week high of $157.98.

DuPont de Nemours (NYSE:DD) last posted 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. DuPont de Nemours had a net margin of 0.67% and a return on equity of 6.92%. The business had revenue of $1.82 billion for the quarter, compared to the consensus estimate of $1.81 billion. During the same period last year, the firm posted $1.12 earnings per share. The company’s revenue was up 4.0% compared to the same quarter last year. DuPont de Nemours has set its Q3 2026 guidance at 1.800-1.900 EPS. As a group, research analysts forecast that DuPont de Nemours, Inc. will post 7.25 earnings per share for the current fiscal year.

DuPont de Nemours Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Monday, November 30th will be given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.8%. The ex-dividend date is Monday, November 30th. DuPont de Nemours’s dividend payout ratio is 533.33%.

About DuPont de Nemours

DuPont de Nemours, Inc is a diversified science and technology company that develops engineered materials and specialty products for industrial and consumer markets. Its offerings are used in applications including electronics, semiconductor manufacturing, water purification, transportation, construction, healthcare, and worker and consumer protection.

The company’s product portfolio has historically included high-performance films, resins, adhesives, engineered polymers, specialty fibers, protective materials, water-treatment membranes, and filtration technologies.