DuPont de Nemours, Inc. $DD Shares Bought by Cerity Partners LLC

Cerity Partners LLC increased its stake in DuPont de Nemours, Inc. (NYSE:DD) by 37.0% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 175,172 shares of the basic materials company’s stock after purchasing an additional 47,276 shares during the period. Cerity Partners LLC’s holdings in DuPont de Nemours were worth $13,646,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently modified their holdings of DD. Princeton Global Asset Management LLC grew its stake in shares of DuPont de Nemours by 64.4% during the 2nd quarter. Princeton Global Asset Management LLC now owns 365 shares of the basic materials company’s stock worth $25,000 after purchasing an additional 143 shares during the period. Salomon & Ludwin LLC lifted its stake in DuPont de Nemours by 186.5% in the 3rd quarter. Salomon & Ludwin LLC now owns 318 shares of the basic materials company’s stock worth $25,000 after purchasing an additional 207 shares in the last quarter. Cary Street Partners Investment Advisory LLC increased its stake in shares of DuPont de Nemours by 67.5% in the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 541 shares of the basic materials company’s stock worth $37,000 after acquiring an additional 218 shares during the last quarter. Crews Bank & Trust grew its stake in shares of DuPont de Nemours by 55.8% in the 3rd quarter. Crews Bank & Trust now owns 508 shares of the basic materials company’s stock valued at $40,000 after buying an additional 182 shares during the period. Finally, Quaker Wealth Management LLC raised its position in DuPont de Nemours by 200.7% in the second quarter. Quaker Wealth Management LLC now owns 594 shares of the basic materials company’s stock valued at $41,000 after purchasing an additional 1,184 shares during the period. 73.96% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other DuPont de Nemours news, SVP Erik T. Hoover sold 6,005 shares of the stock in a transaction on Friday, November 28th. The stock was 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 approximately $4,460,498.79. This trade represents a 5.08% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Lori Koch sold 9,011 shares of the firm’s stock in a transaction that occurred on Friday, November 28th. The stock was sold at an average price of $39.46, for a total transaction of $355,574.06. Following the sale, the chief executive officer owned 288,326 shares of the company’s stock, valued at $11,377,343.96. The trade was a 3.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.61% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research analysts have recently commented on DD shares. Wolfe Research lowered their price objective on shares of DuPont de Nemours from $87.00 to $39.00 and set an “outperform” rating for the company in a research note on Tuesday, November 4th. BMO Capital Markets dropped their target price on shares of DuPont de Nemours from $104.00 to $50.00 and set an “outperform” rating on the stock in a research report on Monday, November 3rd. Wall Street Zen upgraded DuPont de Nemours to a “hold” rating in a research note on Saturday. Morgan Stanley dropped their price target on DuPont de Nemours from $80.00 to $44.00 in a research report on Monday, November 10th. Finally, Wells Fargo & Company cut their price objective on shares of DuPont de Nemours from $100.00 to $50.00 and set an “overweight” rating for the company in a research report on Friday, November 7th. Ten research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, DuPont de Nemours presently has an average rating of “Moderate Buy” and a consensus target price of $44.61.

DuPont de Nemours Trading Up 0.9%

Shares of DD stock opened at $43.80 on Friday. The firm’s 50 day moving average price is $40.23 and its two-hundred day moving average price is $34.73. The stock has a market cap of $18.35 billion, a price-to-earnings ratio of -23.81, a price-to-earnings-growth ratio of 3.25 and a beta of 1.08. DuPont de Nemours, Inc. has a fifty-two week low of $22.50 and a fifty-two week high of $44.15. The company has a quick ratio of 1.63, a current ratio of 2.00 and a debt-to-equity ratio of 0.30.

DuPont de Nemours (NYSE:DD) last released its quarterly earnings results on Monday, July 11th. The basic materials company reported $0.29 earnings per share (EPS) for the quarter. DuPont de Nemours had a negative net margin of 6.17% and a positive return on equity of 7.81%. The firm had revenue of $3.02 billion for the quarter. DuPont de Nemours has set its Q4 2025 guidance at 0.430-0.430 EPS. On average, analysts anticipate that DuPont de Nemours, Inc. will post 4.38 EPS for the current year.

DuPont de Nemours declared that its board has approved a stock buyback plan on Thursday, November 6th that authorizes the company to buyback $2.00 billion in shares. This buyback authorization authorizes the basic materials company to purchase up to 12.2% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s board of directors believes its shares are undervalued.

DuPont de Nemours Cuts Dividend

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

DuPont de Nemours 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.