Reynders McVeigh Capital Management LLC Has $446,000 Stake in DuPont de Nemours, Inc. $DD

Reynders McVeigh Capital Management LLC decreased its position in DuPont de Nemours, Inc. (NYSE:DD) by 60.7% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 3,288 shares of the basic materials company’s stock after selling 5,077 shares during the quarter. Reynders McVeigh Capital Management LLC’s holdings in DuPont de Nemours were worth $446,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Core Capital Management & Research inc. bought a new stake in DuPont de Nemours during the second quarter worth about $299,000. National Pension Service raised its stake in shares of DuPont de Nemours by 11.6% in the second quarter. National Pension Service now owns 29,133 shares of the basic materials company’s stock valued at $3,952,000 after acquiring an additional 3,022 shares during the last quarter. WINTON GROUP Ltd bought a new position in shares of DuPont de Nemours in the second quarter valued at approximately $353,000. IFP Advisors Inc boosted its holdings in shares of DuPont de Nemours by 28.2% in the 2nd quarter. IFP Advisors Inc now owns 122,209 shares of the basic materials company’s stock worth $16,576,000 after acquiring an additional 26,882 shares in the last quarter. Finally, Nykredit A S acquired a new position in shares of DuPont de Nemours in the 2nd quarter worth approximately $4,911,000. Institutional investors and hedge funds own 73.96% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently issued reports on DD. The Goldman Sachs Group lifted their price target on DuPont de Nemours from $53.00 to $159.00 and gave the company a “neutral” rating in a report on Thursday, June 25th. JPMorgan Chase & Co. increased their price objective 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. Zacks Research downgraded shares of DuPont de Nemours from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 17th. Royal Bank Of Canada reduced 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 report on Friday, August 7th. Finally, Citigroup raised 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 research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, DuPont de Nemours has a consensus rating of “Moderate Buy” and a consensus price target of $166.60.

DuPont de Nemours Trading Up 3.0%

NYSE DD traded up $3.78 during trading on Tuesday, reaching $128.07. 1,674,092 shares of the stock traded hands, compared to its average volume of 1,420,354. The firm has a market cap of $17.30 billion, a price-to-earnings ratio of 284.66, a price-to-earnings-growth ratio of 1.16 and a beta of 1.06. The stock’s 50-day moving average price is $137.20 and its 200 day moving average price is $139.64. The company has a quick ratio of 1.82, a current ratio of 2.43 and a debt-to-equity ratio of 0.23. DuPont de Nemours, Inc. has a fifty-two week low of $92.49 and a fifty-two week high of $157.98.

DuPont de Nemours (NYSE:DD) last posted its earnings results on Tuesday, August 4th. The basic materials company reported $1.88 earnings per share for the quarter, topping the consensus estimate of $1.76 by $0.12. DuPont de Nemours had a return on equity of 6.92% and a net margin of 0.67%.The firm had revenue of $1.82 billion for the quarter, compared to analyst estimates of $1.81 billion. During the same period in the previous year, the company posted $1.12 earnings per share. The company’s revenue for the quarter was up 4.0% on a year-over-year basis. DuPont de Nemours has set its Q3 2026 guidance at 1.800-1.900 EPS. Analysts predict that DuPont de Nemours, Inc. will post 7.27 EPS 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. Investors of record on Monday, August 31st will be given a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend is Monday, August 31st. DuPont de Nemours’s payout ratio is currently 533.33%.

DuPont de Nemours Profile

DuPont de Nemours, Inc is a global materials science company headquartered in Wilmington, Delaware. The company develops engineered materials and specialty products used in electronics, transportation, construction, healthcare, water treatment, and industrial applications.

Its offerings include semiconductor and advanced packaging materials, engineering polymers, specialty resins, water purification and separation technologies, and protective materials and solutions. DuPont’s products are sold to manufacturers, industrial customers, and other businesses across North America, Europe, Asia-Pacific, and other international markets.

The company was formed in 2019 following the separation of DowDuPont into independent companies, including DuPont, Dow, and Corteva.