Groupe la Francaise bought a new stake in shares of DuPont de Nemours, Inc. (NYSE:DD – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 10,271 shares of the basic materials company’s stock, valued at approximately $1,394,000.
A number of other large investors also recently made changes to their positions in DD. Elevation Wealth Partners LLC grew its holdings in shares of DuPont de Nemours by 168.5% during the 2nd quarter. Elevation Wealth Partners LLC now owns 239 shares of the basic materials company’s stock valued at $32,000 after acquiring an additional 150 shares in the last quarter. Lazard Asset Management LLC grew its stake in DuPont de Nemours by 7.1% in the second quarter. Lazard Asset Management LLC now owns 2,430 shares of the basic materials company’s stock valued at $166,000 after purchasing an additional 162 shares in the last quarter. Quadrant Capital Group LLC raised its stake in shares of DuPont de Nemours by 1.9% during the 4th quarter. Quadrant Capital Group LLC now owns 13,401 shares of the basic materials company’s stock worth $539,000 after purchasing an additional 244 shares in the last quarter. Brooks Moore & Associates Inc. raised its stake in shares of DuPont de Nemours by 2.4% during the 4th quarter. Brooks Moore & Associates Inc. now owns 10,658 shares of the basic materials company’s stock worth $428,000 after purchasing an additional 250 shares in the last quarter. Finally, 1ST Source Bank lifted its holdings in shares of DuPont de Nemours by 1.5% during the 1st quarter. 1ST Source Bank now owns 17,451 shares of the basic materials company’s stock valued at $799,000 after buying an additional 252 shares during the last quarter. Institutional investors and hedge funds own 73.96% of the company’s stock.
Wall Street Analyst Weigh In
Several brokerages recently weighed in on DD. Zacks Research lowered shares of DuPont de Nemours from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 17th. Royal Bank Of Canada lowered their target price on shares of DuPont de Nemours from $180.00 to $176.00 and set an “outperform” rating on the stock in a research note on Friday, August 7th. JPMorgan Chase & Co. lifted their target price on shares of DuPont de Nemours from $171.00 to $172.00 and gave the stock an “overweight” rating in a report on Monday, August 10th. UBS Group boosted their target price on shares of DuPont de Nemours from $175.00 to $178.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Finally, Citigroup upped their price target on shares of DuPont de Nemours from $168.00 to $170.00 and gave the company a “buy” rating in a report on Thursday, July 2nd. Twelve equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, DuPont de Nemours has an average rating of “Moderate Buy” and an average target price of $166.60.
DuPont de Nemours Stock Down 0.1%
DD opened at $131.46 on Wednesday. The business has a 50 day moving average of $138.26 and a 200-day moving average of $140.34. The stock has a market capitalization of $17.75 billion, a price-to-earnings ratio of 292.20, a P/E/G ratio of 1.20 and a beta of 1.06. The company has a current ratio of 2.43, a quick ratio of 1.82 and a debt-to-equity ratio of 0.23. DuPont de Nemours, Inc. has a 1-year low of $92.49 and a 1-year high of $157.98.
DuPont de Nemours (NYSE:DD – Get Free Report) last announced its earnings results on Tuesday, August 4th. The basic materials company reported $1.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.76 by $0.12. The business had revenue of $1.82 billion for 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 revenue was up 4.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.12 earnings per share. DuPont de Nemours has set its Q3 2026 guidance at 1.800-1.900 EPS. As a group, sell-side analysts anticipate that DuPont de Nemours, Inc. will post 7.27 earnings per share for the current year.
DuPont de Nemours Cuts Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be paid a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.8%. The ex-dividend date is Monday, August 31st. DuPont de Nemours’s dividend payout ratio is currently 533.33%.
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.
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